Advertisement
The Drum Awards for Marketing – Entry Deadline
–d –h –min –sec
The Drum Network article
This content is produced by The Drum Network, a paid-for membership club for CEOs and their agencies who want to share their expertise and grow their business.
September 19, 2023 | 8 min read
Listen to article 4 min
Ilze du Toit of luxury-specialist agency Relevance lays out the benefits of good search engine optimization (SEO) for luxury brands.
How can good SEO benefit luxury brands? / Image courtesy of Shutterstock
Luxury brands sell more than just an elevated product or service. In the ultra-high net worth (UHNW) sector, luxury personifies an exclusive experience – a coveted lifestyle concept. Those searching for luxury items and services online are not looking for something mass-market; they want the extraordinary. It’s not about whether they can find that extraordinary product or service within your business, but whether they can find your business online at all.
Affluent customers are increasingly turning to search engines for discovery and research, so it’s paramount that your luxury brand stands out online. Search engine optimization (SEO) places your luxury brand right where your discerning clientele can find it, preferably on top of the search results page.
SEO for your luxury business can ensure that your brand will be both visible and irresistible to UHNW audiences in the digital domain.
Advertisement
Luxury SEO is the art and science of enhancing a luxury brand’s website visibility in search engine results. Like a physical retail space, where luxury businesses choose a prime location where potential customers can easily find them, SEO ensures that when someone types a query related to your luxury product or service into a search engine like Google, your brand’s website appears prominently in the search results.
This increases the chances of attracting potential customers to your site, much like a store’s prime physical location.
But SEO for luxury brands isn’t just about being seen; it’s about being seen by the right audience. Understanding what your target market is searching for (and when and how they phrase their queries) makes it easier to ensure that your website caters to those needs. A targeted approach is vital for luxury brands with niche and discerning audiences.
This kind of SEO approach has a number of advantages for luxury brands.
In a world increasingly centered around digital technology, word-of-mouth marketing is no longer a principal concept in the luxury sphere.
Online luxury purchases have increased drastically in recent years. Gen Z and millennials now account for almost 50% of luxury purchases, and Bain predicts that 30% of all luxury sales will occur online by 2025. As a result, 60% of the world’s luxury brands now have an online presence and therefore rely heavily on SEO.
While not all luxury purchases are made online, a staggering 90% of luxury shoppers use online platforms at some point throughout their shopping journey.
SEO strategy ensures that your luxury brand doesn’t remain unnoticed but stands out prominently on the coveted first page of search results. Increased visibility brings with it a wealth of business opportunities, most significantly boosting organic traffic to your site, which, in turn, increases the chances of conversions.
Advertisement
The luxury brand landscape is far more competitive than those outside of luxury digital marketing realize. Both established luxury brands and start-ups end up vying for attention against many similar luxury brands catering to the same elite audience.
UHNWIs, with a penchant for luxury, often don’t have to choose between indulgences. In luxury, you are not necessarily convincing this audience to purchase a luxury product/service but to purchase that luxury product or service from you, as opposed to another.
Businesses that regularly appear on search engines etch their identity into the minds of their audience. SEO plays a pivotal role by optimizing content that resonates with your audience and associating specific values and narratives with your brand’s name and logo. A consistent representation promotes brand recognition.
It’s not enough to have affluent users see and recognize your brand. Customer satisfaction is pivotal in any business, but none more so than online businesses in the luxury industry. Enhancing website accessibility and user experience through effective SEO strategies ensures that your brand’s digital touchpoints are as refined as possible.
Luxury brands often rely on their reputation, and appearing at the top of search results conveys credibility and trustworthiness to consumers. A strong online presence through SEO can enhance your brand’s perception in the eyes of potential customers, further strengthening the bond between your brand and the consumer.
Catch up on the most important stories of the day, curated by our editorial team.
See the best ads of the last week – all in one place.
Learn how to pitch to our editors and get published on The Drum.
Many luxury brands are already investing in digital marketing, including SEO. By staying competitive online, luxury brands can maintain or gain an edge over competitors and capture a larger share of the market.
Luxury SEO services ensure that you’re not just seen but seen first. Of course, your business is only as good as your product. But if your business is buried in the depths of search results, it will likely be overlooked, no matter how good the product or service is. By investing in SEO, luxury brands don’t just level the playing field; they sway it in their favor, ensuring they remain top-of-mind and top-of-search for their discerning UHNW clientele.
Most who navigate the luxury sector are familiar with the subtleties of investment, and owners of luxury businesses know that where they allocate their resources can influence their brand’s success.
Over the last couple of years, SEO has proven to be a dominant force for yielding impressive returns on investment (ROI). While other marketing efforts fade unless continuously funded, a tailored SEO strategy offers prolonged rewards. It also helps that SEO strategies are uniquely able to adapt to changing consumer behavior, making it a smart investment for short-term and long-term objectives. While it requires an initial investment, the long-term benefits and ROI often outweigh the costs, especially for luxury brands with high profit margins.
Relevance
Relevance is a strategic and creative digital marketing agency specialising in profiling and targeting Ultra-High-Net-Worth-Individuals for the world’s most exclusive brands and companies.
Our agency has been marketing high-value goods, services, and experiences to this audience for over a decade, successfully driving the world’s wealthiest individuals to take action. From niche collaborations to 360° support, we can provide a full-service solution or work on a project-by-project basis.
Based in Monaco and the UK, our team of international and multilingual experts excel at building brand identities, delivering cutting-edge websites and creating innovative digital strategies with SEO, paid and social advertising, media buying, social media, influencer marketing, PR, content marketing, and CRM to help our clients grow their businesses.
We work with a select portfolio of clients within the ultra-luxury sector, including real estate and hospitality, private travel (yachts, jets and supercars), wellbeing, gastronomy, fashion and apparel, jewellery and accessories, and finance.
© Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. All rights reserved.
