Topic > Louis Vuitton Case Study Model - 1342

Also, it will make consumers satisfied due to the rarity. LV can create a trend for consumers to collect limited edition LV products. Furthermore, LV can invite some famous people to advertise their products. Like in the movie or on TV. Furthermore, in the long term, LV should stand out more from its competitors considering its business model exclusively related to the production of leather goods. If LV could only focus on the production of leather goods, it will become the leader of leather goods and the specialist in the production of various leather products. Furthermore, LV may try to venture into an unexplored market where it has never touched before. Furthermore, it can offer cheaper lines to the consumer, which can better prevent counterfeiting and broaden the consumer base. On the other hand, to sustain growth, LV should create exclusivity for a narrower segment through unique and high-priced products for each region, targeting absolute segments. If so, it also has some effects on stakeholders. As in capital markets, it will increase profits. In product markets, continue to maintain brand exclusivity without alienating existing consumers. In organizational markets, employees will become more specialized in manually making these products. Furthermore, in order to support global