Digital strategy is important for luxury brands like Louis Vuitton (LV) to:
1) Communicate their vision, products, history, partnerships and events to a large audience through social media platforms like Facebook and Twitter.
2) Tell great stories through celebrity endorsements that create an exclusive relationship between the brand and customers.
3) Stay connected to art and culture by sponsoring film awards for young filmmakers.
4) Encourage the spirit of competition through organizing sailing events that tie into LV's history with the sport.
5) Convey exclusivity by requiring an account to access certain brand information and become an LV member.