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· It is the only product of its kind, therefore, it would have a large target audience
· As my company is new, it has no reputation. This could be seen as a weakness, but I prefer to see it as strength, because although it has no goodwill, it also has no bad will against it. Goodwill can be built over time.
· My distribution costs would be kept to a minimum, as my channel would be very small. - My Company ® Wholesalers ® Retailers ® Consumers.
· Decisions can be made quickly as there will be a small management team...
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Common topics in this essay:
- A murky outlook for luxury goods
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- Indian luxury goods buyers set to treble by 2010
- LVMH: Diversification strategy into luxury goods
- Luxury Selling: Strategies to sell Luxury Cars
- Lvmh And Luxury Goods Marketing
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- Public Goods
- Amartya Sen’s Public and Private Goods
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