Buckingham Palace, a car or aircraft, or Valentino NetJets fractional ownership of Augusta Cristal can say to the world that Ferrari is the golf course. He who hears you understand what you are saying by comparison. In the world of luxury, high in the scale of luxury will never start. It takes too much money in advance to reach this group. This is where you change to a broader market and do not like the way things can improve. Image is something that builds over time and the collection and brand shares, as well as reputation, can move in the same evil deed. Category is awarded to the market.
The first film is the highest you and you can just fall away in the luxury market. An Armani Exchange, Armani may be, but it can never run backwards. Mercedes has built a reputation for quality in expensive cars and a cheap car in the line is $ 40,000. Can never in the opposite direction, a well known brand for cheap cars sell a car to hit the work was $ 250,000. Coach is a perfect example. Luxury coach is at the lower end of the scale. $ 150 to $ 200 for a woman can buy a good quality bag.
He decided to coach in the range of $ 1000 to $ 3000 Louis Vuitton wanted to try some of the achievements. Coach designer and failed to invest in a range of new products. A luxury marketing expert, obviously, the woman $ 3,000 to spend on a handbag, if anyone sees a prize of $ 200 with the brand image, because watching. Coach is often sold in stores, so their products, often at a sale price. A selling point of the LV Bags will not. Luxury brand managed group of qualified dealers know that he really never sell their products. Save millions, hundreds of millions invested in brand image will be lost. This damage may be irreparable. Customers to a sales call, it was too expensive to begin with.
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