Does branding or word-of-mouth drive premium pricing?

Does branding or word-of-mouth drive premium pricing?

In India’s fashion and jewellery market, premium pricing isn’t powered by one factor alone. Branding creates aspiration, prestige, and exclusivity, while word-of-mouth builds trust and credibility. Together, they reinforce each other, branding draws attention and desire, while referrals ensure authenticity, helping boutique labels justify higher prices and sustain long-term growth.

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