Luxury brands often rely on celebrity endorsements and influence to drive sales. Who wouldn't want a bag seen on the arm of Kim Kardashian? However, what prevents the average consumer from purchasing these bags? The answer: PRICE and exclusivity. But one luxury brand has shattered the norms of marketing tactics – Telfar. Their motto, "not for you, for everyone," echoes through their groundbreaking marketing strategy.
Telfar is an esteemed luxury brand founded by Telfar Clemmons, a Nigerian-born fashion designer. In 2005, he opened his fashion house and introduced the iconic Telfar Shopping Bag in 2014. This unisex tote bag comes in three different sizes and over 30 colors, catering to everyone. After winning the 2017 CFDA/Vogue Fashion Fund and a $400,000 prize, Clemmons invested his earnings into the production of the shopping bag. Today, it is one of the most popular bags on the market.
Telfar surged in popularity in 2020 during the "buy black boom" and earned the nickname "Bushwick Birkin" from New York Magazine. However, their success goes beyond trends. Telfar's inclusivity sets them apart. Since its debut in 2005, its campaigns have featured models of all races, sizes, and even members of the LGBTQ+ community. Unlike other fashion houses, Telfar embraced diversity early on. Their inclusivity resonates with customers, as they see themselves reflected in the brand. This authenticity creates a loyal following.
While celebrities like Dua Lipa, Selena Gomez, AOC, and Beyonce are often spotted with Telfar bags, the brand's genius marketing strategy lies in its social media presence. Telfar's Instagram profile showcases customer images and videos, creating an authentic and relatable vibe. Instead of runway shows or red carpets, the brand captures its bags in real-life situations, making them more attainable to the average consumer. And attainable they are, with prices ranging from $150 to $260 for their shopping bags. Compared to other luxury brands, Telfar offers affordability without compromising quality. By understanding their customers and tailoring pricing towards them, Telfar bags consistently sell out within minutes. This authentic relationship between the brand and the consumer is the secret to its success.
To satisfy the high demand, Telfar operates on a "drop system." Every week, the brand releases a new or existing color of their bags, teasing the announcement on social media a week in advance. This creates excitement and anticipation among customers, akin to fans scrambling for concert tickets. Videos on social media provide tips and tricks on how to "secure your bag." Customers anxiously wait on the website, refreshing the page with credit cards in hand. They are then placed in a queue, and once the sale is finalized, they can proudly claim their bag and bragging rights. This drop system establishes exclusivity and fosters a devoted following, ensuring Telfar remains hot and sought-after in an ever-changing market.
Telfar's revolutionary marketing strategy has redefined luxury brands. While others rely on exclusivity and celebrity endorsements, Telfar champions inclusivity, affordability, and an authentic connection with their customers. Their drop system amplifies the hype, allowing them to maintain a sense of exclusivity without losing touch with their audience. Telfar is not just a brand – it's a movement that embraces everyone and challenges the norms of the fashion industry. So, are you ready to join the Telfar revolution and carry a bag that represents inclusivity, style, and individuality?
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