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Inside LVMH Prep Exam Questions And All Correct Answers.

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Select the appropriate sentences related to LVMH omnichannel strategy (Select 2) - Answer - Omnichannel is a client-centric approach aimed at providing a consistent, qualitative, and seamless customer experience across all channels and geographies. - Establishing a smooth omnichannel customer e...

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  • November 1, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Inside LVMH
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Inside LVMH Prep Exam Questions And
All Correct Answers.
Select the appropriate sentences related to LVMH omnichannel strategy (Select 2) - Answer -
Omnichannel is a client-centric approach aimed at providing a consistent, qualitative, and seamless
customer experience across all channels and geographies.

- Establishing a smooth omnichannel customer experience requires cross-collaboration across all teams,
departments, and through all activities - from warehouses to stores.



Looking at distribution, is Brick and Mortar still an important part of the luxury story? - Answer Yes



According to Bain & Company, the US is currently the largest market for personal luxury goods - Answer
Yes



Which characteristics may help to measure the luxuriousness of an offer? - Answer - Price

- Quality

- Scarcity

- Signed by brands

- Controlled channels

- Personalised services

- Delivering experiential rewards



How do Fashion & Leather Goods Maisons offer their clientèle unique customer experiences? (Choose 1)
- Answer By mastering their distribution



According to Erwan Rambourg the young generation of luxury buyers have transformed the luxury
industry in certain areas such as casualisation, social media or values. - Answer True



According to Bain & Company, by 2030, online sales will represent... - Answer 33% of the luxury sales

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