onsdag 14 december 2016

Kylie Jenner and the Year of the Drop

Over the last 13 months, the youngest member of the Kardashian/Jenner clan has built a business empire for herself, with an estimated $10 million in personal earnings from sales of branded merchandise, which ranges from Kylie Lip Kits (pairs of matte liquid lipstick and lip liner that retail for $29) to Kyshadows and Kyliners (eye shadows and eye liners) in a multitude of colors and themes. She offers them exclusively on her own website in limited time frames for as long as stocks last.
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Ms. Jenner is part of a growing cohort of both individuals and brands who have embraced the sales strategy known as the “drop.” It works like this: A seller controls the release of exclusive new items outside the traditional fashion cycle, cleverly marketing the impending arrival of the product to build demand.
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It is also at the heart of the limited edition designer collaborations championed by retailers like H&M and Target.  
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The flourishing secondary markets, fueled by online resellers and prompted by the growing clout of drop culture, has been one of the most significant changes to the retail landscape in recent years. Mere hours after the latest Kylie Lip Kit, Supreme sneaker or H&M/Alexander Wang piece has sold out on official distribution channels, these items are often available elsewhere on the internet, though with one or more zeros added to the price. 


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