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LVMH 71 CERTIFICATION QUESTIONS WITH EXPERT VERIFIED ANSWERS

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When it comes to retail, what objectives do Data and AI serve? - Correct - Automating tasks to improve customer satisfaction Optimizing the retail space Personalizing the customer experience According to Trent Power, the cost of acquiring a new Client is higher than the cost of retaining an existing one. - - AGREE Sephora Champs-Elysées welcomes an average ... visitors per day, with a team of ... people working at the store. - - 10 thousand visitors, 200 people According to Nelly Mensah, LVMH is leveraging Emerging technologies. They include ... - - Blockchain Web3 3D GenAIImmersive experiences

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LVMH 71 CERTIFICATION QUESTIONS

When it comes to retail, what objectives do Data and AI serve? - ✔ ✔ Correct

- Automating tasks to improve customer satisfaction


Optimizing the retail space


Personalizing the customer experience


According to Trent Power, the cost of acquiring a new Client is higher than the

cost of retaining an existing one. - ✔ ✔ - AGREE


Sephora Champs-Elysées welcomes an average ... visitors per day, with a team

of ... people working at the store. - ✔ ✔ - 10 thousand

visitors, 200 people


According to Nelly Mensah, LVMH is leveraging Emerging technologies. They

include ... - ✔ ✔ - Blockchain


Web3


3D


GenAI

,Immersive experiences


A key stake and commitment of LVMH is to develop its talents in Retail. Those

Talents represent at LVMH: - ✔ ✔ - More than the half of

the employees worldwide


What are the main rules to follow when it comes to customer experience? - ✔

✔ - Customer-first


Brand consistency


Connection with customers


All of the above


What are the main qualities to succeed as a store manager? - ✔ ✔

- You need to have an insatiable curiosity for products


You need to like people


You need skills in storytelling


You need to be passionate


The Net Promoter Score indicates the probability of clients recommending a

product, a brand or service. - ✔ ✔ Correct - I AGREE

, The client experience refers to the interaction between the client and the brand

across multiple points of contact. - ✔ ✔ - TRUE


At Guerlain, what are the three pillars that create a connection with customers?

-✔ ✔ - Store teams


Place and retail design


Customer programs


Which of these Maisons is the oldest? - ✔ ✔ - CHAUMET


What are the key drivers for Selective Retailing Maisons? - ✔ ✔

- Constant innovation


Personalization of relationships


Transforming shopping in a unique experience


Which Fashion House within the Group was founded in 1846? - ✔ ✔

- LOEWE


How many stores does LVMH manage? - ✔ ✔ - More than

6,000 stores

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