What do you think is the difference of Lalamove, Transportify, and Grab Delivery? • Define the companies means of differentiation such as: • Employee differentiation • Channel differentiation • Image differentiation • Service differentiation • Read the case study of Louis Vuitton of our reference book: Kotler and Keller page 295. • Answer the following questions: • How does an exclusive brand such as Louis Vuitton grow and stay fresh while retaining its cachet? • Is the counterfeiting of Louis Vuitton always a negative? Are there any circumstances where it can be seen as having some positive aspects?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Related questions
Question

• What do you think is the difference of Lalamove, Transportify, and Grab Delivery?
• Define the companies means of differentiation such as:
• Employee differentiation
• Channel differentiation
• Image differentiation
• Service differentiation


• Read the case study of Louis Vuitton of our reference book: Kotler and Keller page 295.
• Answer the following questions:
• How does an exclusive brand such as Louis Vuitton grow and stay fresh while retaining its cachet?
• Is the counterfeiting of Louis Vuitton always a negative? Are there any circumstances where it can be seen as having some positive aspects?


Marketing Excellence
>>Louis Vuitton
LOUIS VUITTON
Louis Vuitton (LV) is one of the world's most legendary
brands and is synonymous with images of luxury, wealth,
and fashion. The company is known for its iconic hand-
bags, leather goods, shoes, watches, jewelry, acces-
sories, and sunglasses, and is the highest-ranked luxury
brand in the world.
problem very seriously because it feels that counterfeits
dilute its prestigious brand image. Louis Vuitton em-
ploys a full team of lawyers and fights counterfeiting in
a variety of ways with special agencies and investiga-
tive teams.
Until the 1980s, Louis Vuitton products were available
in a wide variety of department stores. However, to re-
duce the risk of counterfeiting, the company now main-
tains tighter control over its distribution channels. Today, it
sells its products only through authentic Louis Vuitton
boutiques located in upscale shopping areas and high-
end department stores, all run independently with their
own employees and managers. Louis Vuitton prices are
never reduced, and only recently did the company start
selling through louisvuitton.com in hopes of reaching new
consumers and regions.
Over the years, a wide variety of high-profile
celebrities and supermodels have used LV products,
including Madonna, Audrey Hepburn, and Jennifer
Lopez. In its marketing efforts, the company has used
high-fashion celebrities, billboards, print ads, and its
own international regatta-the Louis Vuitton Cup.
Recently, LV broke tradition and featured nontraditional
celebrities such as Steffi Graf, Mikhail Gorbachev, Buzz
Aldrin, and Keith Richards in a campaign entitled "Core
Values." LV also launched its first television commercial
focused on luxury traveling rather than fashion and has
formed new partnerships with international artists, mu-
seums, and cultural organizations in hopes of keeping
the brand fresh. That said, Louis Vuitton still spends up
to 60 hours making one piece of luggage by hand-the
same way it did 150 years ago.
Today, Louis Vuitton holds a brand value of $26
billion according to Forbes and is ranked the 17th most
powerful global brand according to Interbrand. The
company is focused on expanding its luxury brand into
growing markets such as China and India as well as
continuing to grow in strong markets like Japan and
Europe. It also continues to add new product lines to
its portfolio.
It was 1854 when Louis Vuitton opened his first
store in Paris and sold handmade, high-quality trunks
and luggage. In the late 19th century, Vuitton intro-
duced his signature Damier and Monogram Canvas
materials, featuring the famous design still used in most
of the company's products today. Throughout the 20th
century, the company that carries his name continued
to grow internationally, expanding into the fashion
world by the 1950s and reaching $10 million in sales by
1977. In 1987, Louis Vuitton merged with Moët et
Chandon and Hennessy, leading manufacturers of
champagne and cognac, and created LVMH, a luxury
goods conglomerate.
Questions
1.
How does an exclusive brand such as Louis Vuitton
grow and stay fresh while retaining its cachet?
Louis Vuitton's products are made with state-of-
the-art materials, and its designers use a combination
of art, precision, and craftsmanship to produce only the
finest products. The legendary LV monogram appears
on all the company's products and stands for the high-
est quality, premium status, and luxury travel. Over the
years, however, counterfeiting has become a huge
problem and one of Louis Vuitton's most difficult chal-
lenges. Louis Vuitton is one of the most counterfeited
brands in the world, and the company takes the
2.
Is the counterfeiting of Louis Vuitton always a nega-
tive? Are there any circumstances where it can be
seen as having some positive aspects?
Sources: Reena Jana, "Louis Vuitton's Life of Luxury BusinessWeek, August 6, 2007, Eric
Pfanner, "Luxury Firms Move to Make Web Work for Therm," New York Times, November 17, 2009:
www.louisvuitton.com
Transcribed Image Text:Marketing Excellence >>Louis Vuitton LOUIS VUITTON Louis Vuitton (LV) is one of the world's most legendary brands and is synonymous with images of luxury, wealth, and fashion. The company is known for its iconic hand- bags, leather goods, shoes, watches, jewelry, acces- sories, and sunglasses, and is the highest-ranked luxury brand in the world. problem very seriously because it feels that counterfeits dilute its prestigious brand image. Louis Vuitton em- ploys a full team of lawyers and fights counterfeiting in a variety of ways with special agencies and investiga- tive teams. Until the 1980s, Louis Vuitton products were available in a wide variety of department stores. However, to re- duce the risk of counterfeiting, the company now main- tains tighter control over its distribution channels. Today, it sells its products only through authentic Louis Vuitton boutiques located in upscale shopping areas and high- end department stores, all run independently with their own employees and managers. Louis Vuitton prices are never reduced, and only recently did the company start selling through louisvuitton.com in hopes of reaching new consumers and regions. Over the years, a wide variety of high-profile celebrities and supermodels have used LV products, including Madonna, Audrey Hepburn, and Jennifer Lopez. In its marketing efforts, the company has used high-fashion celebrities, billboards, print ads, and its own international regatta-the Louis Vuitton Cup. Recently, LV broke tradition and featured nontraditional celebrities such as Steffi Graf, Mikhail Gorbachev, Buzz Aldrin, and Keith Richards in a campaign entitled "Core Values." LV also launched its first television commercial focused on luxury traveling rather than fashion and has formed new partnerships with international artists, mu- seums, and cultural organizations in hopes of keeping the brand fresh. That said, Louis Vuitton still spends up to 60 hours making one piece of luggage by hand-the same way it did 150 years ago. Today, Louis Vuitton holds a brand value of $26 billion according to Forbes and is ranked the 17th most powerful global brand according to Interbrand. The company is focused on expanding its luxury brand into growing markets such as China and India as well as continuing to grow in strong markets like Japan and Europe. It also continues to add new product lines to its portfolio. It was 1854 when Louis Vuitton opened his first store in Paris and sold handmade, high-quality trunks and luggage. In the late 19th century, Vuitton intro- duced his signature Damier and Monogram Canvas materials, featuring the famous design still used in most of the company's products today. Throughout the 20th century, the company that carries his name continued to grow internationally, expanding into the fashion world by the 1950s and reaching $10 million in sales by 1977. In 1987, Louis Vuitton merged with Moët et Chandon and Hennessy, leading manufacturers of champagne and cognac, and created LVMH, a luxury goods conglomerate. Questions 1. How does an exclusive brand such as Louis Vuitton grow and stay fresh while retaining its cachet? Louis Vuitton's products are made with state-of- the-art materials, and its designers use a combination of art, precision, and craftsmanship to produce only the finest products. The legendary LV monogram appears on all the company's products and stands for the high- est quality, premium status, and luxury travel. Over the years, however, counterfeiting has become a huge problem and one of Louis Vuitton's most difficult chal- lenges. Louis Vuitton is one of the most counterfeited brands in the world, and the company takes the 2. Is the counterfeiting of Louis Vuitton always a nega- tive? Are there any circumstances where it can be seen as having some positive aspects? Sources: Reena Jana, "Louis Vuitton's Life of Luxury BusinessWeek, August 6, 2007, Eric Pfanner, "Luxury Firms Move to Make Web Work for Therm," New York Times, November 17, 2009: www.louisvuitton.com
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