Louis Vuitton is one of the most famous
luxury brands, defending during the time a strong identity and an old heritage
of 150 years.
Hermes is manufacturing exclusive luxury
goods, well known for their quality, since 1837.
Relying on this, Louis Vuitton and Hemes
have built a strong brand identity in the mind of the costumers, thanks to the
same process of production: Handmade recognizable goods, made from high quality
materials and marked by the famous logos “LV” and “H”.
Louis Vuitton, is one of the most reliable
and valuable brands worldwide, winning for six consecutive years the award of
the most valuable brand according
to” Millward Brown Optimor's 2011 BrandZ study”, judging it’s old legendary quality
heritage, it’s innovations and creations and the ever-lasting side of the brand.
Hermes brand is attached to its family heritage, and
produced in France to keep its exclusive mark.
Both brands are perceived by the customers as
prestigious and legendary luxury brands, representing the French prestige and quality.
Those consumers are mature (25+), female, working
people, with stable financial background and mainly stylish and fashionable,
less price-concerned, attracted by the world of those brands and famous icons representing
them.
Nowadays there are also an increasing number of
young trend-followers consumers.
To satisfy their costumers, the companies
provides a very efficient after sale service, an official website, and official
stores to control quality and pricing (even if Hermes is not present worldwide
and is more expensive).
Both
companies are looking for behavioral loyalty, mostly for regular purchasers,
but also attitudinal attachment, pushing the costumers to love the brand and be
part of the brand experience, not only buying a simple good.
Louis
Vuitton and Hermes are also encouraging an active engagement to their brands,
which is the strongest example of brand loyalty. Customers are actively engaged
with the brands, even if they are not purchasing it or consuming it.
They can
join a club related to the brand, participate in online chats, marketing
rallies, or events, or even follow the brands on social media and take part on outside
activities.
Sources: http://en.wikipedia.org/wiki/Herm%C3%A8s
http://en.wikipedia.org/wiki/Louis_Vuitton
http://www.mindtools.com/pages/article/keller-brand-equity-model.htm
Mnebhi Loudyi Omar
Sources: http://en.wikipedia.org/wiki/Herm%C3%A8s
http://en.wikipedia.org/wiki/Louis_Vuitton
http://www.mindtools.com/pages/article/keller-brand-equity-model.htm
Mnebhi Loudyi Omar
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