Title :
Research on LV´s Chinese marketing strategy based on the STV triangle model
Author :
Lu, Xinman ; Fang, Lei
Author_Institution :
Bus. Sch., Nankai Univ., Tianjin, China
Abstract :
With the open economy and the economic globalization´s deep influence, the age of the Chinese luxury consumption has come. This paper analyzes LV´s marketing strategy in Chinese market based on Philip Kotler´s STV triangle model, and finds the key reasons behind its success. According to the research results, this paper also gives Chinese local luxury enterprises some suggestions to help them exploring a set of profit-making modes in local market.
Keywords :
clothing industry; marketing; Chinese local luxury enterprise; LV Chinese marketing strategy; Louis Vitton; STV triangle model; economic globalization; strategy-tactics-values model; Advertising; Cities and towns; Companies; Economics; Industries; Chinese market; LV brand; STV triangle model; luxury;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2011 8th International Conference on
Conference_Location :
Tianjin
Print_ISBN :
978-1-61284-310-0
DOI :
10.1109/ICSSSM.2011.5959408