The Rolls-Royce Year of the Dragon Phantom is easily one of the hottest, if not the hottest, cars in China right now. This ultra-rare luxury car is dedicated to celebrating the Lunar New Year in the biggest way possible. A limited amount of these sedans were made (rumored to be eight or more) and they have already sold out one week into the Lunar new year.
What sets apart the Year of the Dragon Phantom from all others is its sheer devotion to the dragon. Gold dragons are hand-stitched into the headrests and can also be found painted onto the side. Exclusivity also helps set this Phantom apart from the pack, as does its price tag of $1.2 million. It's nice to see a big company getting into the releasing a special edition to honor the Lunar New Year. A pair of dragon-inspired basketball shoes are nice, but nothing beats a Rolls.
Fire-Breathing Luxury Rides
The Year of the Dragon Phantom Celebrates the Lunar New Year
Trend Themes
1. Celebration Luxury Cars - Luxury car brands are tapping into cultural celebrations to release limited-edition vehicles, creating exclusivity and generating hype.
2. Customized Designs - Customizing luxury car designs based on cultural symbolism offers a unique opportunity for luxury brands to differentiate themselves from competitors.
3. Experiential Marketing - Luxury car brands are utilizing Chinese cultural events and celebrations as a part of their experiential marketing strategy to promote their brand to a new and growing Chinese consumer base.
Industry Implications
1. Automotive Industry - The automotive industry can leverage cultural events and celebrations to release exclusive limited-edition luxury cars that appeal to wealthy consumers.
2. Luxury Goods Industry - Luxury goods industry can utilize cultural symbolism to offer customized designs to wealth and luxury-hungry consumers.
3. Marketing Industry - Marketing agencies can work with luxury car brands to develop experiential marketing campaigns that connect brands with new and existing Chinese consumers during cultural celebrations.