Luxury Item Spend Data

Luxury spending data, with insights into consumer purchases of high-end goods, including spending amounts, product categories, and consumer demographics.

Author

Tiki inc.
January 28, 2025 • Reading Time: 3 minutes

$700,000 / yr.

Estimated value calculated using a combination of factors that include market size, size requirements, and scarcity. The value reflects the total across all potential buyers, and is not reflective of a single deal.

Background

In the financial services industry, understanding consumer spending patterns in the luxury market is key to identifying profitable investment opportunities. Luxury spend data provides valuable insights into consumer preferences, brand performance, and spending habits on high-end goods. By analyzing trends in the luxury sector, financial firms can refine their investment strategies, identify growth areas, and better understand the resilience of the luxury market in response to economic changes.

Why It’s Valuable

  • Identifying Growth Opportunities: Luxury spend data helps investors understand which segments of the luxury market are experiencing growth, providing insights into high-potential investments.

  • Consumer Confidence Analysis: By tracking luxury spending, financial firms can gauge consumer confidence, as luxury purchases are often tied to economic stability and disposable income.

  • Market Trend Insights: Understanding seasonal and regional luxury spending trends helps financial firms predict market shifts and refine investment decisions.

Requested Data

The specific data types, insights, and signals requested by the buyer. As a data vendor, you only need to supply the raw data for one or more. You can use Tiki to create and deliver the requested insights and signals from your raw data.

  • Luxury Spend Data: Detailed insights into consumer spending on high-end goods, including brands, product categories, and purchase frequency.

  • Consumer Demographics: Information on the types of consumers purchasing luxury goods, segmented by income level, location, and purchasing habits.

  • Trends in Spending: Data on spending patterns, including how economic changes influence luxury purchases and seasonal trends.

Buyer Interest

The types of data buyers who have expressed interest to Tiki and their respective use cases for this data. If you have the data required for this request, Tiki will introduce you to the buyer(s).

  • Investment Firms: Companies investing in luxury brands need detailed spend data to assess brand performance and market growth potential.

  • Financial Analysts: Analysts focused on the luxury market use this data to evaluate trends, growth opportunities, and consumer preferences.

  • Luxury Brands: High-end brands use this data to benchmark performance, understand their target audience, and refine their marketing strategies.