We’re in a K-Shaped Economy. How Will Brands React?

Welcome to Marketing Brew Weekly! This week we’re discussing the current K-Shaped Economy and how brands are reacting. We take a look at the luxury brands leaning into aspirational marketing, and those embracing affordability. Plus, what about the brands in the middle — is it possible to be aspirational and affordable at the same time, and has anyone figured out how to present that message to customers?  00:00: Intro 00:31: Definition of a K-shaped economy  02:51: Which brands are going for aspirational 05:57: Which brands are going for affordability  11:02: Brands aiming for the middle class  14:47: Collabs that elevate a brand  17:36: How are brands positioning themselves as lifestyle brands 18:44: Brands trying to appeal to all consumers  21:43: The little treat economy  This episode was sponsored by ActiveCampaign. For more information, go to http://www.activecampaign.com  Subscribe to the Marketing Brew newsletter: https://www.marketingbrew.com/ Watch Marketing Brew Weekly on YouTube:   https://www.youtube.com/@MarketingBrew Follow Marketing Brew Instagram: https://www.instagram.com/marketingbrew/ LinkedIn: https://www.linkedin.com/showcase/marketing-brew/ Have a question for us? Send us an email or voice note to [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices Marketing Brew Weekly gives marketing professionals insightful analysis and a lively conversation on the latest trending topics in the world of media and advertising, from the Marketing Brew reporters who know the industry best.  Learn more about your ad choices. Visit megaphone.fm/adchoices