It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
Bernard ArnaultRead
Mastering the paradox of star brands is very difficult and rare - fortunately.
Interpretation
Creating and maintaining a strong brand that stands out in the market is both challenging and uncommon.
This quote by Bernard Arnault emphasizes the complexity and rarity associated with building a successful brand that has a lasting impact. The term 'star brands' refers to those exceptional brands that not only capture consumer attention but also foster a strong emotional connection, making them difficult to master due to the intricacies of market dynamics and consumer behavior.
In practice
In a marketing seminar to emphasize the importance of strong branding.
It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
I think in business, you have to learn to be patient. Maybe I'm not very patient myself. But I think that I've learned the most is be able to wait for something and get it when it's the right time.
When you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
What made Louis Vuitton famous was the quality. We don't do marketing; we just create products which are exceptional in their design and craftsmanship.
It's very important that when you have a designer like Marc Jacobs, who is a genius, you give him complete freedom.
In this ever-changing society, the most powerful and enduring brands are built from the heart.
Time is the friend of the wonderful business. It's the enemy of the lousy business. If you're in a lousy business for a long time, you're going to get a lousy result, even if you buy it cheap. If you're in a wonderful business for a long time, even if you pay a little too much going in, you're going to get a wonderful result if you stay in a long time.
The key to branding, especially for smaller firms, is to focus on a limited number of issue areas and develop superb expertise in those areas.
When a company or an individual compromises one time, whether it's on price or principle, the next compromise is right around the corner.
Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
You should not build your customer service system on the premise that your organisation will never question the whims of your clients.
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