Whenever the Duchess of Sussex makes a public appearance, whatever she wears very often quickly sells out. Worldwide consumers either rush to nearby stores or to the stores’ online websites to place an order; simply because they adore the Duchess’ look. Many consumers also purchase items because they share the Duchess’ beliefs in the causes the brands she chooses to represent:
- Empowerment of a small business, particularly those owned and operated by women
- Fair and equal treatment of workers
Since the brand quickly gains recognition and sales on a global scale, many writers have dubbed this as “The Meghan Effect”. Meghanpedia has rebranded their term and renamed it “Meghanomics.”
Meghanomics the benefits of the Meghan Effect
- Global recognition as online searches surge.
- The cost of this free advertisement is priceless & the company is spared the huge expense
- Increased brand value.
- Increased sales, which means increased earnings
- Increased employment, as companies hire more workers, to meet demand earnings, and employment.
First public outing:
- The first time the beautiful Duchess of Sussex (then known as Meghan Markle) stepped out with the charming Prince Harry publicly, they walked hand-in-hand to a wheelchair tennis match at the 2017 Invictus Games in Toronto. Meghan made a fashion statement when she wore the Misha Nonoo husband shirt, stressed jeans, sunglasses by Finlay & Co. and “The Day Market Tote” by Everlane.
- Everlane is an ethical or sustainable brand that uses factories around the world to produce its products. When selecting a factory, the company performs a compliance audit to evaluate factors such as wages, fair working hours and environment.
- The entire outfit sold out immediately.
- Finlay & Co, a London based company, reported a 1000% increase in sales and the brand netted $28,000 overnight.
- Everlane (a brand that promotes a worthy cause) was forced to add a pre-order option to its website.
Engagement photo call
- Meghan Markle wore a white wrap coat from the Canadian label, LINE. The LINE makes all their coats by hand. John Muscat, president and co-founder of LINE, released a statement through TODAY Style, “We are incredibly honored that Meghan chose to wear a LINE coat to mark this very special occasion. Acknowledging this coat is one of her favorite pieces, LINE officially decided to name it ‘Meghan’.” Awww the Meghan Effect, to have a garment named after you.
- This coat sold out within minutes.
- Searches increased by 320% for the following two weeks
- Orders increased to 5,000 for that coat