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Wealthy Shoppers Driving Luxury Car Brick & Mortar Success

2013-09-30 17:30:14| AutomotiveDigest.com - Automotive Industry News

While many have already started preparing a eulogy for brick-and-mortar retail, they shouldnt be so fast to declare it obsolete. Purchasing decisions of the wealthy rarely have anything to do with cost. If someone has a substantially high income, then what is a couple dollar difference going to make? Probably not much of one at all. Brick-and-mortar still offers an experience that cannot be replicated online, and the affluent are one of the biggest factors in this phenomenon. There is a certain panache that comes with actually shopping at a luxury retail location. Luxury car purchases help drive the brick-and-mortar success. This doesnt mean that digital is absent in the affluent purchasing process. Todays affluent consumers have a wide array of devices to access the Internet. As a matter of fact, 78% of wealthy shoppers research a product online prior to purchasing it in the store. However, as purchases become more expensive, the desire to actually see and touch a product becomes more important. Fewer efforts resonate better with consumers than the power of human touch something that is hard to come by when making a purchase online. It is more about the experience. Read the entire article by Frank Riolo, manager of corporate communications at Conversation, LLC.The Article Wealthy Shoppers Driving Luxury Car Brick & Mortar Success appeared first on Automotive Digest.

Tags: car success driving luxury

 

Tiffany's 2Q earnings to offer clues on wealthy

2013-08-27 02:04:52| Jewelry - Topix.net

Tiffany & Co. may provide some insight into how its affluent customers are feeling when it reports its second-quarter results before the market opens on Tuesday.

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Wealthy Foreigner Investors Are Driving Up The Price On Brooklyn Townhouses

2013-08-01 02:46:29| Real Estate - Topix.net

New York City residents looking to buy in Brooklyn may have a tough time finding deals on townhouses thanks to an influx of with a lot of cash on hand, and are snapping up buildings across the borough, beating out families who require financing to afford the properties.

Tags: price driving investors brooklyn

 

Wealthy Donors in His Corner as Obama Comes Out Swinging on Climate Change

2013-07-10 13:30:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: As President Obama begins the gargantuan task of selling his climate agenda to the American people, in his corner are wealthy donors he can count on to help him get what he wants. From Wall Street whizzes to franchise owners, these donors have poured time and money to further the president's climate agenda. But two stand out: Tom Steyer, a San Francisco-based hedge fund manager, and Chris Hughes, a Facebook co-founder. Steyer and Hughes are hardly equal counterweights to the billionaire Koch...

Tags: on change corner climate

 

Rising waters don't scare off wealthy waterfront buyers

2013-07-03 18:35:37| Real Estate - Topix.net

Last year the Baltimore real estate agent sold $45 million worth of property in trendy waterfront neighborhoods including Fells Point, Locust Point and Canton.

Tags: rising buyers waters wealthy

 

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