Britain gives world a real-life princess
A new baby princess might give businesses a boost. This is the infant just born in England. Her name is Charlotte Elizabeth Diana.
The baby likely will have Britain's retail stores rejoicing. That's because the baby's parents are the Duke and Duchess of Cambridge, Kate and William.
The birth is expected to give baby boutiques, clothing stores and fashion designers a gift. And it likely will keep on giving. The infant was born May 2. She comes with many marketing opportunities for others. A girl is better for sales than another boy, retail experts say. From christening gown to wedding dress, and all the hairstyles in between, every trend the newest royal sets will be fodder for girls. Many will seek to emulate a real life princess.
"The royals having a baby girl is most likely to result in a financial windfall for everyone U.K. tourism and retailers alike," said Tonya Williams Bradford. She is a marketing expert at the University of Notre Dame. It is in Indiana. "Unlike with the birth of their beautiful baby boy, where the attention turns to whose next on the throne, this baby girl will provide many style opportunities. As her mother and the late Lady Diana did before her."
Consumers rush to buy all things royal. They are internationally known but above celebrity. People want to copy what the former Kate Middleton and Prince William and now their children are wearing. It's a way to touch a bit of that distant gilded glow.
"People, particularly Americans, love it," said Pauline MacLaran, co-author of the upcoming book, "Royal Fever: The British Monarchy in Consumer Culture." ''It's a fascination with a different kind of celebrity."
This goes way beyond commemorative china.
The Center for Retail Research is located in Nottingham, England. It estimated that George provided a $368 million boost to the British economy. The money was earned in the nine weeks after his birth in 2013. But George was the royal couple's first child. He is the heir to the throne. The immediate impact of a second child will be smaller, about $121 million, the center predicted. But the fact that it is a girl opens up a host of long-term opportunities.
This is a princess, after all. She is like a real-life Snow White, Cinderella or Princess Anna from "Frozen."
From the moment when she first appeared in public, fashionistas will ask: Who is she wearing? A princess isn't just a boon for this year. She's a boon every day for the rest of her life. It turns out that Charlotte, Elizabeth, Diana met the public on her birthday wearing a knitted cream bonnet.
"It's more fun in general terms and cultural terms when you are dressing up a girl," said Anusha Couttigane. She is a senior fashion consultant at Conlumino. That is a London-based retail research firm. "It's just normal that girls attract more attention to fashion."
Couttigane expects the royal couple to continue their practice of using widely available brands. They come from firms even the average person can afford. That's reflected in the white dress Kate wore in the couple's engagement photo. The dress was sold by U.K. retailer Reiss, for example. British brands are also likely to do well.
"Kate and William are quite down to Earth royals," she said.
Whatever they wear has extra appeal. That is because the royals don't do advertising. That would just not be done. Ever.
They do grant warrants. Those are a mark of recognition of those who supply goods or services to the Royal Household. Yardley of London, for example, has one for being the manufacturer of toiletry products. Queen Elizabeth II uses them. She is the great grandmother of the new baby princess.
For many decades, the royals have been trendsetters. Queen Victoria recognized her marketing power. She once hosted a ball to promote the silk industry in east London. Princess Diana, the new baby's grandmother, was on another level altogether. Every bow or lamb sweater she wore made cash registers ring. That has carried over to Kate. She is copied so much that anything she touches is sprinkled with the stardust of the "Kate Effect."
Prince George, the first heir to the throne born in the Internet age, has demonstrated similar appeal.
The swaddle in which George was snuggled in when he emerged from the hospital prompted parents around the world to say: What is the prince wrapped in? Within four hours, the website of swaddle maker aden+anais had crashed. The next day, it crashed again. In nine days, the New York company had received 7,000 orders for that item. It was a 600-percent increase.
More recently, George appeared in a blue Cath Kidston sweater. It featured soldiers in red tunics and bearskin hats. It sold out. Then it popped up on eBay at twice the price.
It is time to think pink?
"(Consumers) can go mad over all the girlie things," MacLaran said of princess appeal. "You don't see little boys dressing up in prince outfits. But you see girls do it all the time."
Catherine Hudson is beauty and fashion editor at Prima Baby magazine. She said Kate is likely to follow the Countess of Wessex. Her 11-year-old daughter has worn Pale Cloud. It's a Norwegian brand also popular with the Scandinavian royals.
"I think she will mainly stick to traditional silhouettes ... and, hopefully, continue supporting great British design," Hudson said.
And the marketing opportunities are likely to stretch beyond Britain's borders, Bradford said.
"There may even be opportunities as far afield as Disney with their expanding Princess collection," Bradford said. "I believe this opportunity to market the female dynasty of the royal family will truly inspire many market opportunities!"
Critical thinking challenge: Why does this baby girl create long-term opportunities?