Identification
Definition
The luxury segment refers to a specific portion of the market that is characterized by consumers who seek high-end, premium products and services. This segment is associated with luxury goods that offer exclusivity, superior quality, and a high level of craftsmanship, catering to consumers who are willing to pay a premium for these attributes.
Examples
- • Gourmet Foods
- • Private Jet Services
- • Yacht Manufacturer
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Additional Information
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