Premium products, often referred to as luxury items, are high-quality goods that typically come with a higher price tag. These products are made from superior materials and often feature exceptional craftsmanship. Brands like Gucci and Rolex are well-known for their luxury offerings, which appeal to consumers seeking exclusivity and status. Luxury products often provide unique experiences or benefits, such as personalized services or limited editions. They are marketed to a niche audience that values prestige and is willing to invest in items that reflect their lifestyle. This category includes everything from designer clothing to high-end automobiles.