Q » Why do luxury brands avoid discounts to protect their image?
26 Oct, 2025
A » Luxury brands avoid discounts to maintain their exclusivity and perceived value. Offering discounts can undermine the brand's image by suggesting that their products are overpriced or less desirable. By keeping prices high, luxury brands reinforce their status and appeal to consumers seeking prestige and quality, ensuring that owning their products remains a symbol of affluence and sophistication.
26 Oct, 2025
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