Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 2nd International Conference on Business and Policy Studies

Series Vol. 9 , 13 September 2023


Open Access | Article

Research on the Status Quo and Strategy of Luxury Brand Sales Model in the Post-epidemic Era -- Taking Chanel as an Example

Yuhan Chen 1 , Yuxuan Wei * 2
1 Zhuhai University of Science and Technology
2 Xi’an Academy of Fine Arts

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 9, 129-135
Published 13 September 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yuhan Chen, Yuxuan Wei. Research on the Status Quo and Strategy of Luxury Brand Sales Model in the Post-epidemic Era -- Taking Chanel as an Example. AEMPS (2023) Vol. 9: 129-135. DOI: 10.54254/2754-1169/9/20230366.

Abstract

This paper’s research concerns luxury brands’ marketing strategies in the post-epidemic era. Most of the literature examining the marketing of luxury goods considers economic value. This literature explains marketing strategies by analyzing large amounts of data. This paper hopes to examine luxury marketing strategies in the post-epidemic era from a new perspective. The luxury marketing strategies and case studies examined in this paper examine the DNA of consumer groups and luxury brands. The research method used in this paper is documentary analysis. This paper analyses the marketing strategy of the Chanel brand in the post-epidemic era by reading the literature and finding secondary sources. This paper analyses the shortcomings of the current marketing strategy by analyzing the needs of consumers and society and the consumers’ evaluation of the brand. This paper hopes that the luxury marketing strategy will allow the DNA of the brand to be more powerful and bring higher economic and social value to the luxury brand.

Keywords

status quo, marketing strategy, luxury brand, chanel

References

1. Zi Wang, Ruizhi Yuan, Jun Luo, Martin J. Liu, Redefining “masstige” luxury consumption in the post-COVID era, Journal of Business Research143(2022)239-254 .DOI:www.elsevier.com/locate/jbusres

2. Wei Feng. Research on consumption trends and marketing countermeasures in the post-epidemic era[J].Modern Business, 2022(01):109-111.DOI:10.13768/j.cnki.cn11-3793/f.2022.0027.

3. Ningchun Han, Chunjuan Wang, New consumption, new industry and new mode under the new ecosystem [J]. China Business And Market March2021,Vol.35,No.3,DOI:10.14089/j.cnki.cn11-3664/f.2021.03.012.

4. Wei L, Zhang X. The current situation, problems and reflections of live webcast with marketing in the post-epidemic era[J]. Media Perspective,2021(22):85-87.

5. Han Hongmei. Analysis of luxury goods marketing strategy under the background of “Internet+” [J]. China Market, 2021(30):116-117.DOI:10.13939/j.cnki.zgsc.2021.30.116.

6. Yuan Yue. Research on Chanel’s marketing strategy in China [D]. Shanghai International Studies University, 2018.

7. Xinhua News Agency,Chanel: the luxury industry will go through a two-year “difficult period” and will not clear its inventory by discounting,2020.06.23 , 2020.08.21 ,https://baijiahao.baidu.com/s?id=1670264962716884887&wfr=spider&for=pc&searchword

8. Ning Guo. Analysis of the cultural value and design of luxury brands - taking Chanel as an example[J]. Art 100,2020,36(06):197-200+215.

9. Xiaoying Lu. Study on the visual consumption culture of Chanel brand[D]. Lanzhou University,2015.

10. Yuanyuan Chen. Research on the marketing strategy of high net worth customers of S luxury goods company[D].East China Normal University, 2021, pp:7-11.DOI:10.27149/d.cnki.ghdsu.2021.000009.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:

1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.

2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.

3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).

Volume Title
Proceedings of the 2nd International Conference on Business and Policy Studies
ISBN (Print)
978-1-915371-45-4
ISBN (Online)
978-1-915371-46-1
Published Date
13 September 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/9/20230366
Copyright
13 September 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated