The document discusses distribution and retailing of luxury brands through selecting exclusive locations for physical stores, developing an online presence, opening boutiques, and holding pop-up shops and events to engage high-value customers, while maintaining the brands' visibility and perceived value through marketing and avoiding steep discounts.
The document discusses distribution and retailing of luxury brands through selecting exclusive locations for physical stores, developing an online presence, opening boutiques, and holding pop-up shops and events to engage high-value customers, while maintaining the brands' visibility and perceived value through marketing and avoiding steep discounts.
The document discusses distribution and retailing of luxury brands through selecting exclusive locations for physical stores, developing an online presence, opening boutiques, and holding pop-up shops and events to engage high-value customers, while maintaining the brands' visibility and perceived value through marketing and avoiding steep discounts.
DISTRIBUTION AND RETAILING WHERE, WHEN AND HOW TO SELL
LUXURY BRANDS, PRODUCTS AND SERVICES WHAT IS DISTRIBUTION
Distribution refers to the process of making products
available to consumers through various channels. This include selecting the right retail outlets, online platforms, or exclusive boutiques to showcase and sell high-end products. WHAT IS RETAILING Retailing involves the sale of high-end products directly to consumers through various channels. This can include physical retail stores, online platforms, exclusive boutiques, and even flagship stores WHERE WHEN AND HOW TO SELL LUXURY BRAND PRODUCTS AND SERVICES Selecting Exclusive Locations: Establish presence in high-end shopping districts, luxury malls, or affluent nighbourhoods. Online Presence: Create a sophisticated and user-friendly website for online sales. Exclusive Boutiques: Open standalone boutiques to provide a unique and immersive brand experience. Collaborations and Pop-Up Shops: Collaborate with other luxury brands or influencers for exclusive collections or events. Customer Engagement: Utilize loyalty programs, VIP events, and private viewings to engage with high-value costomers. Marketing and Branding: Utilize social media, fashion shows, and editorial placements to maintain visibility. Price Positioning: Avoid excessive discounting to maintain the perceived value of the products. Thank you