Louis vuitton mini case

R
Rhythm TyagiStudent à DTU
Brand
Positioning
LOUIS VUITTON
HOW IT ALL BEGAN
When he was only sixteen years old, Louis Vuitton made a decision that would not only
change his own life but the lives of his sons and future generations: he would become a
trunk maker.
In 1854, Louis Vuitton opened his first store in Paris, and sold handmade, high quality
trunks and luggage. He introduced his signature Damier and monogram canvas
materials, featuring the famous designs still used in all products.
In 1987, Louis Vuitton merged with Moet et Chandon and Hennessy, leading
manufacturers of Champagne and created LVMH, a luxury good conglomerate.
Demographic Targeting
Their target market comprise of both men and
women of age 16-80 years (young adults to
senior citizens)
Their target market are high income level
consumers who are wealthy and their income
is $5500 or above per month.
Psychographic segmentation
Parameters such as ifestyle and motives are used to
identify another part of target market of the brand.
People who need to show their social status, their
success by purchasing luxury goods are targeted.
Indeed, the brand don't sell only an up range product, but
also the psychological benefits like the prestige and the
feeling of belonging to an exclusive group.
Product Line of Louis Vuitton
Luggage, Handbags and shoes
Timepieces, Sunglasses and Jewelry
Belts, scarves and accessories
A Louis Vuitton Store
PLACES
Flagship Stores- Direct Channels
Department Stores- Free standing Stores
Exclusive Distribution/ Online stores
Competitive frame of reference and
Competitors
Louis Vuitton competes with brands like Gucci, Prada,
Fendi, Hermes and these brands are the focus of
competitive analysis
These brands target/have targeted the same segment in
the past (or plan to do it in future) or consumers in that
segment may already look to certain products or brands
in their purchase decisions.
Brand Positiong of louis
Vuitton wrt other competitive
brands
Points Of Difference between Louis
Vuitton and its competitors
Louis Vuitton monogram
Collaboration with prominent artists
Focus on creativity
Focus on heritage
Prestigious brand
image
High quality material
and fine craftsmanship
Exclusive Distribution
Channels
Bespoke Services
The Brand Mantra of Louis Vuitton
Innovative, Prestige, Desirable, Stylish and Dream would be for me
the essence of Louis Vuitton.
Indeed, since its debut, the brand has succeeded to maintain its
prestige over the years thanks to its Know How, and its ability to
sell dreams to people. Louis Vuitton has also succeed to remain
trendy thanks to its creativity ,innovation, and partnerships (with
celebrities for instance).
Louis Vuitton still spends upto 60 hours making
one piece of luggage by hand- the same way it
did 150 years ago.
It carefully crafts each of its product with
precision and utmost care. This gives the brand
an edge over other competitive brands and is
thoughly loved by its consumers who are
extremely loyal to the brand.
WORLD OF LOUIS VUITTON
Louis vuitton’s commercials focus on luxury travelling
rather than fashion
Louis Vuitton. LV’s brand ambassadors have classically
been Bono, Angelina Jolie and Sean Connery. This was
essentially “Core Values” campaign about how “a single
journey can change your life”. The idea was to create
aspiration for the youth and create a pull for both the young
and the not-so-young.
COMMERCIALS
Louis Vuitton Commercial
Louis Vuitton has been the biggest and most profitable brand
in the luxury rankings. LVMH (Moet Hennessy Louis Vuitton
SA is their formal financial title) jumped in value to $25.9
billion
WHILE Forbes's list of the world's 100 most valuable brands
was dominated by technology companies (Apple, Microsoft,
Google et al) this year, there was only one fashion brand that
joined the usual suspects in the top 20: step forward: Louis
Vuitton at number 14
LEADERS
THREATS
Louis vuitton mini case
Louis vuitton mini case
Summary-
History of Brand
Targeting and consumer segmentation
Product Lines
Stores and channels
Competitive frame of reference
Points of Difference and Points Of parity
Brand Mantra and positioning
Commercials
Threat- counterfeiting
References:
1. Flickr.com
2. Google Images
3. Louis Vuitton- Wikipedia
4. Louis Vuitton- official website
5. Fonteo.com
6. Ouisvuittonbrand.wordpress.com
7. Forbes
8. New York Times
9. Hermes website
1 sur 21

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Louis vuitton mini case

  • 2. HOW IT ALL BEGAN When he was only sixteen years old, Louis Vuitton made a decision that would not only change his own life but the lives of his sons and future generations: he would become a trunk maker. In 1854, Louis Vuitton opened his first store in Paris, and sold handmade, high quality trunks and luggage. He introduced his signature Damier and monogram canvas materials, featuring the famous designs still used in all products. In 1987, Louis Vuitton merged with Moet et Chandon and Hennessy, leading manufacturers of Champagne and created LVMH, a luxury good conglomerate.
  • 3. Demographic Targeting Their target market comprise of both men and women of age 16-80 years (young adults to senior citizens) Their target market are high income level consumers who are wealthy and their income is $5500 or above per month.
  • 4. Psychographic segmentation Parameters such as ifestyle and motives are used to identify another part of target market of the brand. People who need to show their social status, their success by purchasing luxury goods are targeted. Indeed, the brand don't sell only an up range product, but also the psychological benefits like the prestige and the feeling of belonging to an exclusive group.
  • 5. Product Line of Louis Vuitton Luggage, Handbags and shoes Timepieces, Sunglasses and Jewelry Belts, scarves and accessories
  • 6. A Louis Vuitton Store PLACES Flagship Stores- Direct Channels Department Stores- Free standing Stores Exclusive Distribution/ Online stores
  • 7. Competitive frame of reference and Competitors Louis Vuitton competes with brands like Gucci, Prada, Fendi, Hermes and these brands are the focus of competitive analysis These brands target/have targeted the same segment in the past (or plan to do it in future) or consumers in that segment may already look to certain products or brands in their purchase decisions.
  • 8. Brand Positiong of louis Vuitton wrt other competitive brands
  • 9. Points Of Difference between Louis Vuitton and its competitors Louis Vuitton monogram Collaboration with prominent artists Focus on creativity Focus on heritage
  • 10. Prestigious brand image High quality material and fine craftsmanship Exclusive Distribution Channels Bespoke Services
  • 11. The Brand Mantra of Louis Vuitton Innovative, Prestige, Desirable, Stylish and Dream would be for me the essence of Louis Vuitton. Indeed, since its debut, the brand has succeeded to maintain its prestige over the years thanks to its Know How, and its ability to sell dreams to people. Louis Vuitton has also succeed to remain trendy thanks to its creativity ,innovation, and partnerships (with celebrities for instance).
  • 12. Louis Vuitton still spends upto 60 hours making one piece of luggage by hand- the same way it did 150 years ago. It carefully crafts each of its product with precision and utmost care. This gives the brand an edge over other competitive brands and is thoughly loved by its consumers who are extremely loyal to the brand.
  • 13. WORLD OF LOUIS VUITTON
  • 14. Louis vuitton’s commercials focus on luxury travelling rather than fashion Louis Vuitton. LV’s brand ambassadors have classically been Bono, Angelina Jolie and Sean Connery. This was essentially “Core Values” campaign about how “a single journey can change your life”. The idea was to create aspiration for the youth and create a pull for both the young and the not-so-young. COMMERCIALS
  • 16. Louis Vuitton has been the biggest and most profitable brand in the luxury rankings. LVMH (Moet Hennessy Louis Vuitton SA is their formal financial title) jumped in value to $25.9 billion WHILE Forbes's list of the world's 100 most valuable brands was dominated by technology companies (Apple, Microsoft, Google et al) this year, there was only one fashion brand that joined the usual suspects in the top 20: step forward: Louis Vuitton at number 14 LEADERS
  • 20. Summary- History of Brand Targeting and consumer segmentation Product Lines Stores and channels Competitive frame of reference Points of Difference and Points Of parity Brand Mantra and positioning Commercials Threat- counterfeiting
  • 21. References: 1. Flickr.com 2. Google Images 3. Louis Vuitton- Wikipedia 4. Louis Vuitton- official website 5. Fonteo.com 6. Ouisvuittonbrand.wordpress.com 7. Forbes 8. New York Times 9. Hermes website