- Status brand
Status brands are
brand s that, through association, inherently increase their owner's popularity in a certain community.Fact|date=October 2007 Unlikeluxury brand s, status brands are usually available at differentprice point s and thus are available to shoppers of various demographics.Trendsetters determine the societal and cultural status ultimately associated with a given status brand. For example, entertainment and sports trendsetters promote status brands such as
Armani ,Prada ,Triple 5 Soul , andBillionaire Boys Club . Trendsetters need not be famous, but media promotion often cements a brand's popularity.Brand strategists
Angelito Tan andDaniel Saynt introduced the term as a means of studying the associations between popular brands and top trendsetters. Ranging from apparel to electronics to automobiles, status brands exist across the spectrum of goods available today.
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