Trading up: the democratisation of luxury

What academics have been calling 'the democratisation of luxury' represents a profound shift in consumer behaviour that is going to fundamentally affect the way brands in certain categories are marketed.

Trading Up: The Democratisation Of Luxury

Syl Saller Diageo

What are we experiencing 'the democratisation of luxury', and why now? Consider some of the facts that underpin consumer purchasing today:

  • We have more money to spend. Disposable income in the UK is three times higher than it was in 1950. Income growth has far outstripped rising costs and we are heavy consumers, relentlessly searching for a better life. By 2020 it is predicted there will be two million millionaires in this country.

  • Women...

Not a subscriber?

Schedule your live demo with our team today

WARC helps you to plan, create and deliver more effective marketing

  • Prove your case and back-up your idea

  • Get expert guidance on strategic challenges

  • Tackle current and emerging marketing themes

We’re long-term subscribers to WARC and it’s a tool we use extensively. We use it to source case studies and best practice for the purposes of internal training, as well as for putting persuasive cases to clients. In compiling a recent case for long-term, sustained investment in brand, we were able to support key marketing principles with numerous case studies sourced from WARC. It helped bring what could have been a relatively dry deck to life with recognisable brand successes from across a broad number of categories. It’s incredibly efficient to have such a wealth of insight in one place.

Insights Team
Bray Leino

You’re in good company

We work with 80% of Forbes' most valuable brands* and 80% of the world's top top-of-the-class agencies.

* Top 10 brands