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LVMH Final Exam – Questions and Answers Solved Correctly

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LVMH Final Exam – Questions and Answers Solved Correctly

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According to Bain & Company, by 2030 and within the 33%
personal luxury goods market, the online sales will
represent...


According to Bain & Company, the personal luxury True
goods market is expected to achieve an annual growth
rate of 6% until 2030.


According to Serge Carreira from Sciences Po, to be -Authenticity
attractive, Luxury has to reflect the following customer's -Transparency
expectations: -Sustainability
-Inclusivity


According to the Digital Innovation Director at Louis -Share the Maison's history with the clients
Vuitton, what is the role of Innovation in Luxury? -Uphold creativity and savoir-faire by acting at every level of the


According to the Global Retail Experience Director at -Place and retail design
Guerlain, which of the following pillars create a -Customer programs
connection with customers? -Store teams

, At LVMH, omnichannel is a client-centric approach Yes
aimed at providing a consistent, qualitative and seamless
customer experience across all channels and
geographies.


At LVMH, retail talents have the most important role in True
the transformation of retail.


The circular economy is a model of production and Agree
consumption, which involves sharing, leasing, reducing,
repairing, refurbishing and recycling existing materials
and products as long as possible.


The cost of acquiring a new Client is anywhere from 5 to Agree
25 times more than retaining an existing one.


Data & Artificial Intelligence are useful in retail to: True
personalize the Customer Experience, optimize Retail
Space, automatize Tasks for Customer Satisfaction.

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