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Tom La Vecchia

๐Ÿ‘ค Speaker
445 total appearances

Appearances Over Time

Podcast Appearances

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

And you know this probably better than I do.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

It's hard to get to men.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

So for example, if we were to run a campaign selling anything to women or selling anything to men, men are inherently more expensive to get to.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

So this kind of buttresses the point back to most of the men were going crazy over this for the Royal Pop and they got all that earned media for men, which I would probably put a multiplier of 2X on there because getting to men is even harder than it is to women because your tastes change over the years.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Yeah, totally agree.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

I think well stated.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Other than kind of like this segment we're talking about, men just don't care as much.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

They do some things.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

And so you got to hone in on the things they do care about.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

But then there's some things that they can drive a Ferrari and have an AP, but they could care less what that brand of sweatpants are.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

That's why we named our company X Factor, because everybody has that X Factor as to why they make a decision.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

I make no sense.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

I will wear the same T-shirt from high school, but I'll throw $250 on the hand of Blackjack.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

It makes sense to me.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

And I'm the guy spending the money.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

If you're trying to get to guys, segmentation is a little harder and is a little more expensive to get to guys.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

But also guys are very simple in terms of decision making.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

It's kind of binary.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Even though it's a little harder, it's doable to value beliefs and systems.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

But if you can fit in with that system or belief, you're going to sell to more men.