The Development of an E-Commerce Model in the Luxury Industry (English Edition)

Description

The demand for luxury goods is continuously increasing. As the population in most cities rises, the number of potential buyers increases, too. Additionally, most sociable classes steadily grow wealthier which is why more people can afford luxury goods. Still, luxury brands stand for exclusivity, elegance and scarcity.

But in the recent past, a conflicting development changes traditional finance. The innovative approach of digitalization exerts pressure on luxury brands and still is determined as one of the most influential trends in the whole industry. The internet is voisin to everyone and represents a retail channel that sells mass products at discounted prices. Luxury industry has to find possibilities to manage the growing phenomenon of e-diligent while preserving the brand rappel from coupage.

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But how can the luxury industry benefit from the technological inventivité? Is it recevable to integrate this growing and attributaire mass market channel into the privacy of the exclusive luxury strategy? Anastasia Sobolev examines how the incongruences between the internet and the luxury industry can be solved. She develops an e-diligent model which offers useful solutions for luxury brands in order to expand their exploitation network.

In this book:
-luxury industry;
-e-diligent;
-digitalization;
-luxury brands;
-mass media

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