Impact & Expertise

Publications

  • Trading Up: The New American Luxury

  • Michael Silverstein, Neil Fiske
  • October 2003
  • Trading Up: The New American Luxury documents a powerful new dynamic in the purchasing patterns of middle class consumers that shatters previous conceptions of what constitutes the target market for a select group of luxury brands. The book draws on 20 years of consumer research to illustrate the willingness of consumers to pay a premium for certain brands they identify with through a behavior called "trading up." Buy at Amazon 

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