Luxury-based

Luxury-based describes something fundamentally rooted in, primarily reliant on, or deriving its value from the concepts, features, or availability of luxury. This often implies high quality materials, exceptional craftsmanship, exclusive experiences, and high price points. It signifies a product, service, or lifestyle that caters to individuals or groups with significant disposable income and a desire for elevated experiences and possessions beyond essential needs. The term highlights the inherent connection between the item and the perception or actuality of luxury.

Luxury-based meaning with examples

• The company's marketing strategy was entirely luxury-based, focusing on bespoke tailoring and personalized experiences to attract affluent clients. Their advertising showcased the finest materials and exclusive access, creating a perception of unparalleled value and status.
• Their decision to build a new hotel in a secluded area indicates a luxury-based business model. Focusing on ultra-premium suites and personalized services like private butlers demonstrates an intention to cater to an exclusive, high-spending clientele.
• The interior design firm specialized in luxury-based projects, using imported marble, custom-designed furniture, and advanced technologies, ensuring their clients' residences exuded elegance and sophistication.
• Investing in a luxury-based portfolio of high-end watches, fine art, and classic cars offered an investment strategy, and this required a strong understanding of market trends within this particular sector.