Rethinking Prestige Branding Book Summary - Rethinking Prestige Branding Book explained in key points
Listen to the Intro

Rethinking Prestige Branding summary

Wolfgang Schaefer and J.P. Kuehlwein

Secrets of the Ueber-Brands

4.5 (54 ratings)
17 mins

Brief summary

Rethinking Prestige Branding by Wolfgang Schaefer and J.P. Kuehlwein explains how modern brands move beyond legacy self-referencing and exclusivity to create a narrative that fits wider contexts and connects authentic values with their consumers.

Table of Contents

    Rethinking Prestige Branding
    Summary of 7 key ideas

    Audio & text in the Blinkist app
    Key idea 1 of 7

    Exclusivity and high prices don’t signify prestige anymore, as technology has leveled the playing field.

    As the global economy changes, business strategies are changing along with it. So what do companies need to know to build a prestige brand today?

    One strategy that doesn’t work as well as it once did is high prices. Brands were once able to distinguish themselves – and their customers – through extravagant price tags. The idea was that a product would become a status symbol when only a few, hyper-wealthy individuals could afford it.

    Now practically anyone can buy or borrow the prestige of a brand. Online flash sales offer designer clothes at a discount while luxury cars can be rented by the hour.

    As a result, such luxury items have lost their once exclusive status.

    The new status driver is knowledge. In our information age, people idolize superior intelligence. Just consider the rising status of rich IT professionals, once seen only as “nerds.”

    This means that your brand can attain prestige by being “in the know,” for example, by employing novel technologies or staying ahead of new fashion trends.

    A knowledgeable brand can, in turn, help customers appear knowledgeable, as privileged information is sometimes necessary to “get” a brand. A good example is a skater who distinguishes herself from posers by only wearing “real” skater gear.

    Another crucial aspect of establishing brand prestige today is the need to be honest and ethical in your business dealings. Using child labor to assemble clothes or polluting the environment are wrong; consumers today demand better of the brands they support.

    With online technology, customers can now rapidly share information about various brands, and bad news travels quickly. Information about a company’s unethical behavior can destroy a previously stellar brand image.

    Consumers have used social networks to shame brands publicly over false promises or exploitative working conditions – some have even organized brand boycotts.

    Companies that promote social responsibility, however, can use the same channels to connect with customers over the environmental and social issues they care about, earning their respect.

    In our next blink, we’ll explore the secrets to prestige branding in the digital age.

    Want to see all full key ideas from Rethinking Prestige Branding?

    Key ideas in Rethinking Prestige Branding

    More knowledge in less time
    Read or listen
    Read or listen
    Get the key ideas from nonfiction bestsellers in minutes, not hours.
    Find your next read
    Find your next read
    Get book lists curated by experts and personalized recommendations.
    Shortcasts New
    We’ve teamed up with podcast creators to bring you key insights from podcasts.

    What is Rethinking Prestige Branding about?

    Rethinking Prestige Branding (2015) is your guide to the radically transformed world of prestige brands. These blinks explain how the practice of building a prestige brand has changed, what customers want today and what you need to do to make your brand a coveted object.

    Rethinking Prestige Branding Review

    Rethinking Prestige Branding (2020) explores the evolving landscape of prestige brands and provides insightful strategies for building and sustaining their appeal. Here are three reasons why this book is worth reading:

    • With in-depth analysis and case studies, it offers a fresh perspective on how to navigate the complexities of luxury marketing in today's competitive marketplace.
    • By examining the role of authenticity, purpose, and emotion in brand-building, it offers actionable insights for creating long-term loyalty among luxury consumers.
    • The book's attention to cultural shifts and consumer behavior makes it a valuable resource for marketers and brand managers who want to stay ahead of the curve.

    Best quote from Rethinking Prestige Branding

    If youre not pissing off 50 percent of the people, youre not trying hard enough. – Yvon Chouinard, founder of Patagonia

    —Wolfgang Schaefer and J.P. Kuehlwein
    example alt text

    Who should read Rethinking Prestige Branding?

    • Marketing and branding professionals
    • Readers curious about how today’s brands got to where they are
    • Entrepreneurs looking to boost their brand’s growth

    About the Author

    Wolfgang Schaefer is chief strategy officer for advertising agency SelectNY. He has years of experience in developing global brand strategies for European, American and Asian markets. He is also the cofounder of Ueber-Brands Consulting.

    JP Kuehlwein is brand director for Procter & Gamble and a lauded business leader, strategy expert and brand builder. He is a cofounder of Ueber-Brands Consulting.


    © Wolfgang Schaefer & J.P. Kuehlwein, 2015. This Summary of Rethinking Prestige Branding is published by arrangement with Kogan Page.

    Categories with Rethinking Prestige Branding

    Book summaries like Rethinking Prestige Branding

    People ❤️ Blinkist 
    Sven O.

    It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.

    Thi Viet Quynh N.

    Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.

    Jonathan A.

    Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.

    Renee D.

    Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.

    People also liked these summaries

    4.7 Stars
    Average ratings on iOS and Google Play
    31 Million
    Downloads on all platforms
    10+ years
    Experience igniting personal growth
    Powerful ideas from top nonfiction

    Try Blinkist to get the key ideas from 7,000+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.

    Start your free trial

    Rethinking Prestige Branding FAQs 

    What is the main message of Rethinking Prestige Branding?

    Rethinking Prestige Branding explores how to redefine the concept of luxury and create meaningful connections with customers.

    How long does it take to read Rethinking Prestige Branding?

    The reading time for Rethinking Prestige Branding varies. The Blinkist summary can be read in just 15 minutes.

    Is Rethinking Prestige Branding a good book? Is it worth reading?

    Rethinking Prestige Branding is worth reading. It offers insights into modern luxury branding in a concise and engaging way.

    Who is the author of Rethinking Prestige Branding?

    Rethinking Prestige Branding is authored by Wolfgang Schaefer and J.P. Kuehlwein.

    What to read after Rethinking Prestige Branding?

    If you're wondering what to read next after Rethinking Prestige Branding, here are some recommendations we suggest:
    • The 22 Immutable Laws of Branding by Al Ries and Laura Ries
    • The Gulag Archipelago 1918-1956 by Aleksandr Solzhenitsyn
    • The Secrets to Writing a Successful Business Plan by Hal Shelton
    • Stretch by Karie Willyerd and Barbara Mistick
    • Unconscious Branding by Douglas van Praet
    • Be Seen by Jen Gottlieb
    • What Great Brands Do by Denise Lee Yohn
    • Positioning by Al Ries and Jack Trout
    • Branding Between the Ears by Sandeep Dayal
    • Purple Cow by Seth Godin