Global challenges are driving social, green and fair product innovation. We can say that sustainable has gone mainstream, and we should all be proud of that. But with products becoming more mainstream and accessible, they also become more common. And as every brand owner knows, differentiation is key to success. So how to stand out in a crowded marketplace with sustainable products?
As Umair Haque writes in 'The New Capitalist Manifesto' we should go from 'goods to betters' to deal with the crises we are in. Luckily, many businesses are developing sustainable products. In all segments of the market, on every price level and in every category, alternative products can be found. We believe that while businesses have increasingly worked on the reduction of waste in their production, the use of organic or recycled raw materials, and better conditions for workers, the product itself has not changed dramatically.
This while consumer attitudes have changed enormously. People do not spend money carelessly nowadays, and have become more picky and critical when purchasing. But they are still craving for luxury and excitement, and are falling for exclusive products with stories attached. It is just not the in-your-face glitter and glamour kind of luxury anymore, but a more sober and understated luxury. Therefore, in the hi end market segments, there are great opportunities for brands and businesses to go beyond beauty, and go for sophistication.
Craftscurator has selected 8 examples of sophistication;
In the luxury market, a real status shift is going on. Much like the spiritual mantra 'beauty is on the inside', real luxury and quality are rooted in the heart and soul of the product and brand. By linking sustainable values to understated beauty, your brand can stand out and enjoy a long term success. For brands and businesses, making a bold move like this takes a lot of guts. If you make sure the steps you take are rooted in your identity, it will all be a very natural process. So be bold, be daring and go for sophistication.