Marketing
May 4, 2017
Newly wealthy young conusmers present both an opportunity and a challenge to luxury brands
By Danny Parisi
NEW YORK – While wealth is most commonly concentrated among older consumers, affluent millennials still comprise and will increasingly make up a good portion of any luxury brand’s consumer base, and their particular habits and responses to marketing are an important metric to watch.
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leSdQ4Kp2fxeEE3a8t2KH6948ZAGp7M5sf1DW5oZ\/SlbJLur65FiFBpv8ZdfciIqxRuhJDYWC85P5kmEJVCqG2coOmgZjQKhYOFHBj1dUi3CqV6Ay9f71NDnmcZvmj20s\/eCDrYsYqjATHmF57NNdiKR4sjNo+XSkfmsg\/e5lBe6ht+xBqQoyHddZiH+UUYcqrJ9VtSIxclN2vbQgsSpAAQ4P7g9JcQa8ff8WBOZWtG9+Z4JoQqK7F0\/IFlDC7tBxBrsL\/JcMDKR1Ew9rCUOUZwyOmTj86ci2vx1Wa9diqvRW3rL9bmx+r0RN74xP6lzVrTNmZDtaH+aFbDRZMGwLZO7\/pN7IpCMmx9Mj7KHg+LCTh5tJccGpABaPLf9SMzhmQUu\/2QgOsGwTWQydk\/prXht\/AKQipGtdKAGyA9aGXesAt5yHVns2olbQLY2sMn8XRIK6rsp4y\/SfpHID6ea0xMSIjbkFOCB16H5T1Y+Xppy\/dWrV5avjnK2wOcTmdROW+dvww7K56u9WdYZj8WmuM3bIFeyB8wovaZPxc\/GlmPK0800Wwl4icCJ8TTrV2JkFKF+Rv1fysu4cGTipVkbNrvkl5W\/3klz14\/\/UD5wcRL8IFuoXg30QdAGjjT9rp84psAuVc1JFXOHpJqSIiJVkqCLHeDt2IfltOjqPj6iAYsB27Up2\/hnYEEmFS5caYIbCBW303pN5SktLUA\/aqiloA26uE0Ax0KNIsGa+v5CXwzSOydYwt+ARwmuHwCS5etya0Pp\/+M7PJjOS59CqJ4lkJ1XQS7\/31nXffwPV66oXob5M8SU6gkVF+9v7gE+VtFiVgOue1QRsSao\/Wz7UMkSqzh4IIssQKH3RIX6tWzqkK83+ilDiS2YMJs6jfH4eV04PSSCIluYtSf3sdT0JCZGM\/ExvL0N55PBV7goIDQCgJlzsnJ5dwGYAO2l0QaL3ojjNFRLshsc14MRfbNIaHgAnK29YvLWMjcxK\/43nGOs1EWHsgI+9YJlRgcShQJPNf855Tq2tmZ\/btjt\/5F8S\/EnAChCYQri5ga3K4AQ6CrgpnMKhVtGw9U+IlB9CL5JICW\/bZfM4\/Tso5DKZDkkPTPw3Ut2gTl3SMVU32DeiLHdyRNn1d\/cN8I1uyP\/EYXdCpKmJn7RBlAPAxEd0RMvZrymoT0hJBBQLEikGzZ9G0EK5te2vMnkHXx1lt99nz9wj27oeXId9JZS8nQQYPQOuPPpFFlnYuacmITx9dnW9fRBtcIBN7QVAJxOX0+jua\/ixP8jbCA4fjRWuHIvqpBZA3fkMDjoErUvfHTlU1scjPfpdT5cWipq6nilddC2k1OE90HLd+vlAa+IK7WVwkKHRD8SNWJLf7i8Hk2wwN5E0400OvdFAqf730Ww8UgxLovP2sYjao2io\/i\/jgvUo2k8iVh7DCDh\/2CqhMkpCRNzLRadtM6lCl1Xqrg4TKuj\/mXV\/k3dEjDQ9m9qGKlTwXMPQ28hroOf+iO70H0XGCRXAm3WlFEgQlwI3q6ffhIPup2yYCx8TvNHMHtCNIqA4hEhagi9Qcl+yK7Te8yu5hD1bSRCP0f7+XrdhYV+JxuTLtBxESPgNuDvixGNOMsL4EuKMJplweVRWheN6HkiHHrvB0bY3Rokgc\/sPvwdB+\/UoDfOT4t2vyuwaK5\/pexeIoQvJYLEhsQ0YtLnibTLxV2BnnJLPg3tAMfmlU+eBA879Ar8JaVst4CE76DFOpwLwqYXsQIy22sFFyz+C9mVCQVdeqLuIC4cJHIY\/VasoQQFIuZ8071h0O+ApZqljZGq4pA3mEpgcjIdEkeUiVsp\/gzbWmHS6LbtVyi+1dCIuVonrr7rmCfmwvsXho2BdhTWYTGIBGv4squkW5pe3IexXBH3W0\/kWbiO9psr7kGQo3+HEgm5pqlFXcTeshsjwUZNXlHynUGggfMsxDYO5ZCywlqg6O+R0YJrUHAmbz78D7Y4qu4XYfXF\/YqRXZq1PN1MSEaocUdCZ156cdntOe3wRbxOoPlhbiYnLc9tTMoiozAd0CHSnNxY\/AHeN5fe2\/aiB04n2eDqzHAkU1CFP0\/EpisfOGe4TGdH+wVfX\/bjJIav01OKHCPwLtauHTqJDFuBbIYl3WH9HiqrISag6fI3zNFQDwmVHi4JQs31eTWAtttA2TWq\/Hr7ZHOoLToOq0Rgo2XVPfI9x0yZdqGPelN67m3nTPx2ZsFX3zJQvIi+h+jHqBCkMV0W9Csms4zSruijcREBL+Uwh8qZPm0Q1kaypLMyBoBy300e0m67Xwhc0KxH7ysJcBrumDocMIrHUJz4sUJk4Qnag7vZqQktf32SAv1WIAoM4WCwlehhchDKPUwOI5kVCY1gDr034TWGhZ0RlJJ0azEuydK8MxEIEEWGDh7QZ47wGCXFxkLezwXLtzExJeo0bCuOw\/wosqy9xZE9MysDnm\/0AwqIMSXXzNK7nmKc7Pqh0cv5jeClcMrhDSs5P9FZ+y8jXk4Mde9dzBes6IZONO\/L5OnT9xdt+n7Np4iG3pGMdt4fDXlhRVHl90CqQYpOiE66bfPj1lnQ9rKPW+It1UH1\/GRrXEJXDILkkk4nHH0TuK+uzOAsXBIoAQEXwPCE4WPxWuiIMQVCF4oRLQhP5PgZZ+rcrzev7BhTplVq4K2TUyJN0I9Squx\/tO9hj6kQmUq68fGjSzcmAnYQWTi6uoEf63PTaydjikNJe1pr3\/+Tu+t\/S+j11kU1AiOE1sN4kbVXIfR8bL1QhG+Xvh7ZUrNwSELHGDwT4ysG8X3Adrn5nfBWSO4Py+V1Ru3vOAg68KmrhMF+eg136+MxJdkrv2eIHCrlTrs14G28DybGfCP+EPOvYSVXUltknWFSnbUNd01nH2fs2T\/fMa16VNxAFnmXU+5GYk0JDQCz8AuaWqJoWTy\/tO4EWUcuXOL8OJl81hmwPEWqYEBHWKNFcAfd+0Y4yUIgn563zX\/idASowt6SYDjlItO\/0OzuT1JzevYxXN8Hmv+CNmCG9SiUmf7DzMvUdCb1FL1At3gijFQQF9ylLFmBTs5J0+PO+D5wIMjNaIFvcXZ4NTyrpUnK4RaXNM+nuSnuQ60PxjQahNBiZ9E90NIwsu+ZCaoCYKBjmxP4A37xfp8VNvUUUofB2EbkCissDRbv9mfI9vvmBbJFYEvkopj5giULlaGFjvOBTUaMPgM9odBzPgxg4g6nnC7K950vTo1F8h7jZq3MY8QuDrwm9oGdQvFdhT2a+Tzc69B7xXNmE4TAhud5fKb9WxKPYCVNiSA49YkrCVhtWG1LPReuaxhpaZ+fGbiuOp2MpVdEDTgAlekEOmpfO8FY6Lh\/K8ctN6zzaC9AZpFEpg==","iv":"3695e9ea19d7e098c8c4cc7dfde38000","s":"428243e15ea321ac"}
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