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The Luxury Mind
Paul Russell and Helen Villiers
16 episodes
1 week ago
The Luxury Mind is co-hosted by Paul Russell and Helen Villiers and explores the psychology of luxury consumers.

It delves into the thought processes, emotions, and decision-making patterns of high net worth individuals and offers insights on influence, persuasion, and behavioural prediction, helping luxury businesses engage effectively with discerning consumers.

Paul and Helen use an engaging, accessible style, blending theory with real-world examples, making complex ideas easy to understand for a diverse audience.
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Society & Culture
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All content for The Luxury Mind is the property of Paul Russell and Helen Villiers and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The Luxury Mind is co-hosted by Paul Russell and Helen Villiers and explores the psychology of luxury consumers.

It delves into the thought processes, emotions, and decision-making patterns of high net worth individuals and offers insights on influence, persuasion, and behavioural prediction, helping luxury businesses engage effectively with discerning consumers.

Paul and Helen use an engaging, accessible style, blending theory with real-world examples, making complex ideas easy to understand for a diverse audience.
Show more...
Society & Culture
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Ep 04. Exclusivity Unlocked: Luxury Loyalty Programmes
The Luxury Mind
1 hour 1 minute 50 seconds
1 year ago
Ep 04. Exclusivity Unlocked: Luxury Loyalty Programmes

Ever find yourself gleefully chasing the next reward in your loyalty program, only to wonder exactly what's in it for the retailers? Helen and Paul pull back the curtain on the psychological wizardry at play, where the pursuit of points and perks is just one side of the coin. As we share how my business partner's delight in point-redemption led to a marketing epiphany, we'll explore the intriguing trade-off between consumer rewards and corporate insights into our shopping habits. But the analysis doesn’t stop with data; we also get into the nitty-gritty of how your local coffee shop's stamp card wields the power to keep you coming back for more, playing on your subconscious desire to complete what you've started.

Remember 'Bill' from the local pub and his beloved bar stool? We dive into tales of such regulars and my own boarding school escapades, reflecting on the wacky world of community and the lengths we go to for a sense of belonging – even if it means breaking a few rules along the way. Our discussion turns to the bonds we form in these spaces, comparing the fleeting to the enduring, and how these experiences shape our interactions and sense of self. We also can't resist sharing those eyebrow-raising encounters with teachers beyond the school gates, which always seemed to blur the lines between our worlds.

Finally, we tackle the enigma of luxury brand loyalty head-on, confessing our tussles with the status symbol allure versus practical reality. As Helen and I swap stories of our van life dreams versus our actual plush preferences, we lay bare the sometimes comic extremes of our consumer behaviour. From 'tier flights' taken just to stay on top of the loyalty ladder to the ethical minefield of high-end marketing, this episode exposes the emotional battleground of our purchasing choices. So buckle up for a rollercoaster ride through the quirks and conundrums of brand loyalty, with insights that might just have you questioning your next 'rewarding' buy.

The Luxury Mind
The Luxury Mind is co-hosted by Paul Russell and Helen Villiers and explores the psychology of luxury consumers.

It delves into the thought processes, emotions, and decision-making patterns of high net worth individuals and offers insights on influence, persuasion, and behavioural prediction, helping luxury businesses engage effectively with discerning consumers.

Paul and Helen use an engaging, accessible style, blending theory with real-world examples, making complex ideas easy to understand for a diverse audience.