Quick Read: Good design can drive a price premium – and this adage could hold good even in a category like perishables.
Have you heard of flour by Prada, infant formula by Chanel, coffee by Cartier, fruits by Nike and pasta by Ferrari?
(Source: Peddy Mergui: Wheat is Wheat is Wheat)
Well they do ineed exist. Albeit as exhibits by Peddy Mergui under his series titled Wheat is Wheat is Wheat. These funny and provocative exhibits challenge our notions of branding and perception by casting them against a category like perishables/food.
Eggs by Versace anyone?
Let’s drop brand names for a moment and see how else can a product possibly command a price premium. We know tons of examples across different categories where design has helped a product command a premium.
Now, could design play a prominent role in commanding a premium within a category such as perishables? These two examples prove this point.
1. Whole Foods:
When it comes to applying design for selling something as commoditised as veggies, there’s only one name. Whole Foods.
Avinash Kaushik recently posted this picture and the following lines regarding what he found at a Whole Foods store.
(Source: Avinask Kaushik)
“Do we shop at Whole Foods simply because the produce is so exquisitely displayed? And we pay a premium?
I think there is something to that. Look at it! Everything so perfectly symmetrical and lovely. There was a sprinkling of mist on all the veggies, drawing out the color and freshness.
For an engineer, me, all this organization definitely had an impact. It looks good, it shows people care deeply about the food, they went into extra trouble, it must be all good (and it was!).
What a great way to get someone to pay a premium.”
His lines encapsulate everything in this context.
2. Nuna Ice – Cream:
Billed by PSFK as a molecular-gastronomy popsicle that is set to take next summer by storm, Nuna is a design innovation in ice-cream born at the intersection of disciplines such as architecture, design and science.
(Source: Nuna)
According to it’s spokesperson, the Nuna Popsicle is design innovation in a crystal/pyramid shape, and stands for the ultimate refreshment that reflects the sensation of ice crystals bursting on the tongue while causing a unique and intense tingling in the mouth.
While it is expected to have a soft launch in art openings, fashion shows and music festivals during 2015, Nuna – which got its name trademarked recently – is expected to contract with a major manufacturer soon. (source)
Now that’s form following taste!
(Featured Image: Tiffany & Co Yogurt byPeddy Mergui)
Reblogged this on Dessert.net Cafe Online Bakery.
I suppose it’s also the same context how a restaurant presents their plates and types of food they choose in particular. Small dishes yet “extravagant” ingredients make for a premium meal. I suppose it’s essentially the new age art form (or is it) heh.
Indeed it is, I guess!
Good design can drive a price premium. I think Apple is also a brand with good design and price premium.
Actually 10 years ago, when a mobile was 100 euros it was really expensive.
Reblogged this on MK-TechComm and commented:
Would we buy Ferrari pasta? I’d say we would be surprised!
I sometimes have the urge not to buy branded products just because I know that a big portion of the price is “air”…
Reblogged this on El Primer Tiempo – The First Course and commented:
Interesting points about the importance of design and presentation…hoping to develop some great ideas for the restaurant!