LOUIS VUITTON IN INDIA
By
Jhalak Jain
Rashi Kapoor
Simran Singh
ORIGIN & HISTORY
• Paris , 1854
• Initially flat topped trunks
• Later diversified into leather
• Global presence
• Oldest fashion
houses
• Recognizable
Logo
• Elite customers
• Available only
in its exclusive
stores
• Fake imitations
• Expansion
into new
countries
• Increase
advertising
Impact
• The brand is
counterfeited all
around the world
• Economic crisis can
hurt the brand
sales in a negative
way
Primary Research
Competitor Analysis
Christian Dior
Hermès
Gucci
Louis Vuitton In
Delhi
challenges faced
by the brand
Location problems
Inability to
indentify potential
customers
Lack of media
advertising
Customers take on
LV
Limited variety in
stores
Slow Service
Problem Statement
Consumer
behaviour
Limited
variety
Slow
Customer
service
Research Objective
Literature Review
Variety – (Shullman,2012)
Consumer - ( Fallon,2012)
Customer Service – (Boschini,2013)
Consumer Behaviour – (Yang,2014)
Brand – ( Luxury Institute , 2011)
Effect of variety offered by a brand on it’s
consumer
Effect of brand’s customer service on it’s consumer
Relationship between variety & customer service of a
brand on it’s consumers
Bothra (2013) and Shullman (2012) have so far
made it evident that customer service has more
effect on consumer behaviour as compared to
the effect of variety provided by the brand.
Louis Vuitton is not able to provide wide variety and good
customer service in New Delhi so we will be studying the
effect of limited variety and slow service on the consumer
behaviour specifically of Louis Vuitton stores in India ( New
Delhi).
KNOWLEDGE GAP
Research
methodology
Research
design
Primary
Methods
Secondary Methods
Observation in
stores &
Structured survey
method
(questionnaires)
Explanatory
Websites, online
journals, online
reports and online
newspaper articles
Luxury Brand
Buyers
Luxury brand buyers
in Delhi
100 respondents
Non-Probability
Sample
Judgemental
18-50 years of luxury
buyers ; Male and
Female
Data Analysis & Interpretation
Consumers above the age of 45 who make 13% of the total
respondents have ranked Louis Vuitton as the most
preferred brand as compared to other brands .
Age & Brand Preference of the
consumer
Consumers earning above Rs.1,50,000 who make 13% of
the total respondents have ranked Louis Vuitton as the
most preferred brand as compared to other brands .
Monthly income & Brand Preference
of the consumer
Mean Testing – Brand preference
Most Preferred Brand – Christian Dior
Second most Preferred Brand – Louis Vuitton
Least Preferred Brand - Prada
Monthly shopping expenditure & level of
satisfaction
Consumer’s level of satisfaction with quality,variety and
customer service offered by a brand is affected by the
monthly shopping expenditure of the consumer.
Conclusion
• More Stores of Louis Vuitton in
Delhi
• Provide wide variety and better
customer service
• More polite & amiable
employees
• A luxury brand needs to understand their
customer and Louis Vuitton fails to do so
in New Delhi
• Quality and quantity plays a vital role in
building up a brand
• Variety and Customer service have a
direct relationship with consumer
behaviour
Recommendations
Referencing
• Armstrong,B. and Kotler.D(2008).Louis Vuitton:Unique
Marketing.[Online].3 (August).p.2-9.Available from:
http://globalebrands.com/louis-vuitton-retailing-the-
international-way/ . [Accessed: 25th January 2015].
• Boschini, A.(2015) What about Generation X?. Chinese
Consumers.[Online]. 1.p.7. Available
from:http://www.homeaccentstoday.com/blogpost/13338-
what-about-generation-x .[Accessed:20th February 2015].
• Bothra,N.(2013) Star Treatment: Customer Service Lessons
from Luxury Brands.Business news daily. 5th
January.p.10.[Accessed:21st February 2015].
• Fallon,N.(2015) Star Treatment: Customer Service Lessons
from Luxury Brands.Business news daily. 5th
January.p.10.[Accessed:20th February 2015].
• Frank, R.( 2011)Who’s Buying All That Luxury? Not the
Rich. Wealth Report.[Online]. P.4. Available from
:http://blogs.wsj.com/wealth/2011/01/12/whos-buying-all-
that-luxury-not-the-rich/. [Accessed:20th february 2015].
• Kaushik.M(2013)Oui for louis.Business Today.[Online] 1st
September.p.5.Available from:
http://businesstoday.intoday.in/story/luxury-special-louis-
vuitton-upwardly-mobile-indians/1/197642.html . [Accessed:
25th January 2015].
• Luxury Institute.(2011)Retail Customer
Experience.[Online]Available from:
http://luxuryinstitute.com/blog/?cat=10 .[Accessed:20th
February 2015].
• Nagasawa.S(2009)Luxury Brand Strategy of Louis
Vuitton:Business & economic studies.[Online]44(October).p.22-
37.Available from:
https://dspace.wul.waseda.ac.jp/dspace/bitstream/2065/337
17/1/WasedaBusiness%26EconomicStudies_45_Nagasawa1.pdf
. [Accessed: 25th January 2015].
• Seidel.A(2010) In India, Luxury Brands Need Localised
Strategies.Business of Fashion.[Online] 7th January.p.7.Available
from : http://www.businessoffashion.com/2010/01/in-india-
luxury-brands-need-localised-strategies.html . [Accessed:
26th January 2015].
• Shullman. (2012).Shullman research. [Online]. Available
from: http://www.shullman.net/press. [Accessed:21st February
15].
• Termpaper(2014) Louis Vuitton Study.[Online] Available from:
http://www.termpaperwarehouse.com/essay-on/Louis-
Vuitton/206104 . [Accessed: 25th January 2015].
• Uggla.H(2010)Louis Vuitton The usage of brand alliances:
Industrial Marketing.[Online].p.3-6.Available from:
https://www.kth.se/polopoly_fs/1.124452!/Menu/general/col
umn-content/attachment/louis%20vuitton.pdf . [Accessed:
25th January 2015].
• Will.J(2012)Louis Vuitton:Trade Union.[Online] Business &
Economy.p.1-2.Available from:
http://www.studymode.com/essays/Louis-Vuitton-
930659.html . [Accessed: 25th January 2015].
• Yang, M.( 2014) Chinese consumers Doing it their way. The
Economist.[Online].25th January.Available from:
http://www.homeaccentstoday.com/blogpost/13338-what-
about-generation-x .[Accessed: 22nd February 2015].
Bibliography
• http://www.termpaperwarehouse.com/essay-on/Louis-
Vuitton/206104.
• http://www.studymode.com/essays/Louis-Vuitton-
930659.html
• http://www.luxurydaily.com/louis-vuitton-maintains-digital-
desire-for-handbags-report/
• http://luxurysociety.com/articles/2011/03/louis-vuitton-
the-worlds-strongest-luxury-brand
• https://www.papermasters.com/louis-vuitton.html
• http://www.studymode.com/subjects/louis-vuitton-
objectives-page1.html
• http://www.fashionscandal.com/2011/06/louis-vuitton-
disposes-off-its-manufacturing-unit-in-india/
• http://www.axelcolor.com/clicca.asp?/3defe8/Louis-Vuitton-
Bags-Store-In-Delhi-India/
• http://www.frencheye.com/Controllers.asp?/14041a/Louis-
Vuitton-In-Delhi-India/
• https://hbr.org/product/louis-vuitton-in-india/908A20-PDF-
ENG
• http://businesstoday.intoday.in/story/luxury-special-louis-
vuitton-upwardly-mobile-indians/1/197642.html
• http://articles.economictimes.indiatimes.com/keyword/louis-
vuitton
• http://www.theatlantic.com/business/archive/2011/05/brand
ing-louis-vuitton-behind-the-worlds-most-famous-luxury-
label/238746/
• http://www.slideshare.net/openinnovation/louis-vuitton-
business-model-evolution
• http://globalebrands.com/louis-vuitton-retailing-the-
international-way/
• http://www.theglobeandmail.com/report-on-
business/international-business/european-business/louis-
vuitton-slows-expansion-to-protect-image/article8069266/
• http://us.louisvuitton.com/eng-us/women/icons
• http://au.louisvuitton.com/eng-au/faq
• http://www.mbaskool.com/brandguide/lifestyle-and-
retail/3424-louis-vuitton.html
• http://www.slideshare.net/brookemccarter/nibs-
ppttntech1?related=1
• http://yousigma.com/comparativeanalysis/lvmhmoethenness
ylouisvuitton.html
• http://www.theglobeandmail.com/report-on-
business/international-business/european-business/louis-
vuitton-slows-expansion-to-protect-image/article8069266/
• http://www.ukessays.com/essays/marketing/louis-vuitton-
becoming-successful-in-the-luxury-market-marketing-
essay.php
• http://www.theglobeandmail.com/report-on-
business/international-business/european-business/louis-
vuitton-slows-expansion-to-protect-image/article8069266/
• http://www.luxurydaily.com/louis-vuitton-reaches-the-
masses-through-first-tv-commercial/
• http://www.cpp-luxury.com/louis-vuitton-sell-production-
unit-in-india-over-labour-issues/
• http://timesofindia.indiatimes.com/business/india-
business/Louis-Vuitton-to-sell-unit-in-
Puducherry/articleshow/8933351.cms
• http://www.bloomberg.com/bw/stories/2007-08-05/online-
extra-louis-vuittons-life-of-luxury
• http://www.dlfemporio.com/mobile/store-LouisVuitton.asp

Lv ppt

  • 1.
    LOUIS VUITTON ININDIA By Jhalak Jain Rashi Kapoor Simran Singh
  • 2.
    ORIGIN & HISTORY •Paris , 1854 • Initially flat topped trunks • Later diversified into leather
  • 4.
    • Global presence •Oldest fashion houses • Recognizable Logo • Elite customers • Available only in its exclusive stores • Fake imitations • Expansion into new countries • Increase advertising Impact • The brand is counterfeited all around the world • Economic crisis can hurt the brand sales in a negative way
  • 5.
  • 6.
    Louis Vuitton In Delhi challengesfaced by the brand Location problems Inability to indentify potential customers Lack of media advertising Customers take on LV Limited variety in stores Slow Service Problem Statement
  • 8.
  • 9.
    Literature Review Variety –(Shullman,2012) Consumer - ( Fallon,2012) Customer Service – (Boschini,2013) Consumer Behaviour – (Yang,2014) Brand – ( Luxury Institute , 2011)
  • 10.
    Effect of varietyoffered by a brand on it’s consumer Effect of brand’s customer service on it’s consumer Relationship between variety & customer service of a brand on it’s consumers Bothra (2013) and Shullman (2012) have so far made it evident that customer service has more effect on consumer behaviour as compared to the effect of variety provided by the brand.
  • 11.
    Louis Vuitton isnot able to provide wide variety and good customer service in New Delhi so we will be studying the effect of limited variety and slow service on the consumer behaviour specifically of Louis Vuitton stores in India ( New Delhi). KNOWLEDGE GAP
  • 12.
    Research methodology Research design Primary Methods Secondary Methods Observation in stores& Structured survey method (questionnaires) Explanatory Websites, online journals, online reports and online newspaper articles
  • 13.
    Luxury Brand Buyers Luxury brandbuyers in Delhi 100 respondents Non-Probability Sample Judgemental 18-50 years of luxury buyers ; Male and Female
  • 14.
    Data Analysis &Interpretation
  • 15.
    Consumers above theage of 45 who make 13% of the total respondents have ranked Louis Vuitton as the most preferred brand as compared to other brands . Age & Brand Preference of the consumer
  • 16.
    Consumers earning aboveRs.1,50,000 who make 13% of the total respondents have ranked Louis Vuitton as the most preferred brand as compared to other brands . Monthly income & Brand Preference of the consumer
  • 17.
    Mean Testing –Brand preference Most Preferred Brand – Christian Dior Second most Preferred Brand – Louis Vuitton Least Preferred Brand - Prada
  • 18.
    Monthly shopping expenditure& level of satisfaction Consumer’s level of satisfaction with quality,variety and customer service offered by a brand is affected by the monthly shopping expenditure of the consumer.
  • 19.
    Conclusion • More Storesof Louis Vuitton in Delhi • Provide wide variety and better customer service • More polite & amiable employees • A luxury brand needs to understand their customer and Louis Vuitton fails to do so in New Delhi • Quality and quantity plays a vital role in building up a brand • Variety and Customer service have a direct relationship with consumer behaviour Recommendations
  • 20.
    Referencing • Armstrong,B. andKotler.D(2008).Louis Vuitton:Unique Marketing.[Online].3 (August).p.2-9.Available from: http://globalebrands.com/louis-vuitton-retailing-the- international-way/ . [Accessed: 25th January 2015]. • Boschini, A.(2015) What about Generation X?. Chinese Consumers.[Online]. 1.p.7. Available from:http://www.homeaccentstoday.com/blogpost/13338- what-about-generation-x .[Accessed:20th February 2015]. • Bothra,N.(2013) Star Treatment: Customer Service Lessons from Luxury Brands.Business news daily. 5th January.p.10.[Accessed:21st February 2015]. • Fallon,N.(2015) Star Treatment: Customer Service Lessons from Luxury Brands.Business news daily. 5th January.p.10.[Accessed:20th February 2015]. • Frank, R.( 2011)Who’s Buying All That Luxury? Not the Rich. Wealth Report.[Online]. P.4. Available from :http://blogs.wsj.com/wealth/2011/01/12/whos-buying-all- that-luxury-not-the-rich/. [Accessed:20th february 2015].
  • 21.
    • Kaushik.M(2013)Oui forlouis.Business Today.[Online] 1st September.p.5.Available from: http://businesstoday.intoday.in/story/luxury-special-louis- vuitton-upwardly-mobile-indians/1/197642.html . [Accessed: 25th January 2015]. • Luxury Institute.(2011)Retail Customer Experience.[Online]Available from: http://luxuryinstitute.com/blog/?cat=10 .[Accessed:20th February 2015]. • Nagasawa.S(2009)Luxury Brand Strategy of Louis Vuitton:Business & economic studies.[Online]44(October).p.22- 37.Available from: https://dspace.wul.waseda.ac.jp/dspace/bitstream/2065/337 17/1/WasedaBusiness%26EconomicStudies_45_Nagasawa1.pdf . [Accessed: 25th January 2015]. • Seidel.A(2010) In India, Luxury Brands Need Localised Strategies.Business of Fashion.[Online] 7th January.p.7.Available from : http://www.businessoffashion.com/2010/01/in-india- luxury-brands-need-localised-strategies.html . [Accessed: 26th January 2015]. • Shullman. (2012).Shullman research. [Online]. Available from: http://www.shullman.net/press. [Accessed:21st February 15].
  • 22.
    • Termpaper(2014) LouisVuitton Study.[Online] Available from: http://www.termpaperwarehouse.com/essay-on/Louis- Vuitton/206104 . [Accessed: 25th January 2015]. • Uggla.H(2010)Louis Vuitton The usage of brand alliances: Industrial Marketing.[Online].p.3-6.Available from: https://www.kth.se/polopoly_fs/1.124452!/Menu/general/col umn-content/attachment/louis%20vuitton.pdf . [Accessed: 25th January 2015]. • Will.J(2012)Louis Vuitton:Trade Union.[Online] Business & Economy.p.1-2.Available from: http://www.studymode.com/essays/Louis-Vuitton- 930659.html . [Accessed: 25th January 2015]. • Yang, M.( 2014) Chinese consumers Doing it their way. The Economist.[Online].25th January.Available from: http://www.homeaccentstoday.com/blogpost/13338-what- about-generation-x .[Accessed: 22nd February 2015].
  • 23.
    Bibliography • http://www.termpaperwarehouse.com/essay-on/Louis- Vuitton/206104. • http://www.studymode.com/essays/Louis-Vuitton- 930659.html •http://www.luxurydaily.com/louis-vuitton-maintains-digital- desire-for-handbags-report/ • http://luxurysociety.com/articles/2011/03/louis-vuitton- the-worlds-strongest-luxury-brand • https://www.papermasters.com/louis-vuitton.html • http://www.studymode.com/subjects/louis-vuitton- objectives-page1.html • http://www.fashionscandal.com/2011/06/louis-vuitton- disposes-off-its-manufacturing-unit-in-india/ • http://www.axelcolor.com/clicca.asp?/3defe8/Louis-Vuitton- Bags-Store-In-Delhi-India/ • http://www.frencheye.com/Controllers.asp?/14041a/Louis- Vuitton-In-Delhi-India/
  • 24.
    • https://hbr.org/product/louis-vuitton-in-india/908A20-PDF- ENG • http://businesstoday.intoday.in/story/luxury-special-louis- vuitton-upwardly-mobile-indians/1/197642.html •http://articles.economictimes.indiatimes.com/keyword/louis- vuitton • http://www.theatlantic.com/business/archive/2011/05/brand ing-louis-vuitton-behind-the-worlds-most-famous-luxury- label/238746/ • http://www.slideshare.net/openinnovation/louis-vuitton- business-model-evolution • http://globalebrands.com/louis-vuitton-retailing-the- international-way/ • http://www.theglobeandmail.com/report-on- business/international-business/european-business/louis- vuitton-slows-expansion-to-protect-image/article8069266/ • http://us.louisvuitton.com/eng-us/women/icons • http://au.louisvuitton.com/eng-au/faq • http://www.mbaskool.com/brandguide/lifestyle-and- retail/3424-louis-vuitton.html • http://www.slideshare.net/brookemccarter/nibs- ppttntech1?related=1
  • 25.
    • http://yousigma.com/comparativeanalysis/lvmhmoethenness ylouisvuitton.html • http://www.theglobeandmail.com/report-on- business/international-business/european-business/louis- vuitton-slows-expansion-to-protect-image/article8069266/ •http://www.ukessays.com/essays/marketing/louis-vuitton- becoming-successful-in-the-luxury-market-marketing- essay.php • http://www.theglobeandmail.com/report-on- business/international-business/european-business/louis- vuitton-slows-expansion-to-protect-image/article8069266/ • http://www.luxurydaily.com/louis-vuitton-reaches-the- masses-through-first-tv-commercial/ • http://www.cpp-luxury.com/louis-vuitton-sell-production- unit-in-india-over-labour-issues/ • http://timesofindia.indiatimes.com/business/india- business/Louis-Vuitton-to-sell-unit-in- Puducherry/articleshow/8933351.cms • http://www.bloomberg.com/bw/stories/2007-08-05/online- extra-louis-vuittons-life-of-luxury • http://www.dlfemporio.com/mobile/store-LouisVuitton.asp