FromOrdinarytoExtraordinary:BringingtheIn-StoreLuxuryExperienceOnline

3.6.24
Applied
Date Published (3.6.24)
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From Ordinary to Extraordinary: Bringing the In-Store Luxury Experience Online
(3.6.24)

Luxury brands are known for the unforgettable experiences someone can only get in store. Personalized guidance from expert staff. The sensory delights of high-quality products. An immersive, inviting ambiance with a perfectly-chilled flute of champagne. These elements represent the magic of shopping in person.

But the game is changing. As the digital world keeps evolving, top-tier brands across fashion, beauty, home, and lifestyle face a new challenge: recreate the in-store magic online.

Luxury was once defined by exclusivity—both in cost and invitation-only shopping experiences. But today, these barriers are falling to the likes of eCommerce, new marketplaces, and social media. Now, luxury brands need to welcome everyone, from seasoned shoppers to curious newcomers, into their digital haven.

The unmistakable draw of eCommerce luxury

Luxury brands initially resisted the digital wave, but many have found amazing success online. This is thanks to powerful platforms and generations who've grown up with them. In fact, 95% of luxury brands saw positive growth in 2022 (Bain & Co.). Experts predict the global luxury market to reach a staggering half-trillion dollars by 2027, with eCommerce taking a 25% share.

The luxury customer base is also booming. From 2022 to 2030, it's expected to grow by approximately 100 million—driven by younger generations. Gen Z and Gen Alpha spending is predicted to increase three times faster than other generations during this time.

From TikTok to secondhand online marketplaces, it’s never been easier to discover high-end goods, divulge brand experiences to the masses, and bring consumers of all spending power levels into the world of luxury. As of this summer, eMarketer reports that consumers purchase luxury goods almost twice as often on brands’ sites or apps (25%) vs. owned physical stores (13%). As this gap widens, luxury retailers must prioritize their online presence, ensuring it mirrors the aura and experience shoppers expect in store.

Culture, capsules, and celebrating history

Respected luxury brands are often defined by their rich histories, iconic styles, and timeless products. The digital world offers the perfect canvas to bring these stories to life in a modern, engaging way.

The challenge is telling their brand story in unique and ownable ways that inspire people to shop. Once that unique story is defined, it needs to be told within a flexible, scalable, and customizable way online. This invites an opportunity to blur lines between story and shopping, and create seamless, delightful experiences along the way.

This means crafting a website where the brand story weaves through every interaction—from the homepage, to product descriptions, to checkout. By using compelling content and visuals, brands can celebrate their history, showcase signature designs, and breathe new life into iconic pieces. This approach brings their heritage and legacy to life, both for loyal customers and new ones who are discovering the brand for the first time.

Appealing to their senses through the screen

Today's luxury shoppers embrace eCommerce, but they're also incredibly selective with their purchases. They prefer fewer, high-quality items, and make informed decisions rather than impulsive buys. At luxury price points, confidence is key before making a purchase.

In-store, you can see, feel, and even smell the products. So, how can brands replicate these sensory experiences online?

It requires bringing high-definition visuals and enhanced user controls into eCommerce platforms. This allows customers to zoom in on products, inspect them from every angle, and easily compare different items. Additionally, image search features streamline the shopping process, and cutting-edge technologies like AR and MR let customers visualize products in their homes, boosting their confidence in online purchases.

Delivering special moments and memories

Luxury shopping is about more than just acquiring products; it’s a moment to get that silver spoon treatment. Individualized attention from store associates, plush seating, follow-up “thank you” texts—it’s all designed to create connections between customer and brand while forming positive memories that lead to loyalty.

While we can't completely replicate these feelings online, brands are finding creative ways to cultivate loyalty digitally. Think virtual assistants who answer your questions, personalized recommendations based on your browsing, and even celebrations for reaching milestones as a customer. These are just a few ways brands are making the online experience more personal and memorable.

The luxury category and consumer are evolving with digital at the forefront. It’s time to reimagine what luxury shopping looks and feels like. This starts with driving desire for today's customers through the channels and avenues that matter most to them. By fueling the desire for knowledge, connection, and participation, brands can create a thriving digital hub that embodies the true essence of luxury in today's world.

Photography by: Tiffany Kao

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