Sunday, October 25, 2009

Hey Big Spender!

Interesting article in the New York Times on the growing luxury concierge business. Affluent clients are turning to concierges for convenience (of course) and also to help ensure they are getting good value for their money spent. It goes on to say 'The economic downturn has not stopped the word's wealthiest from spending, but it may have made them focus more on value. And as the market gets more crowed with luxury brands, products and services, the rich are increasingly turning to concierge companies for information, recommendations, and what they hope will be better deals, because of partnerships with luxury suppliers the world over.....
Perhaps less obvious, some of the newly affluent are turning to concierges for their knowledge of luxury products, services, and culture, knowledge which the client may lack. Interesting...