What does this say about the demand curve of the typical Louis Vuitton customer?
Learning Goal: I’m working on a marketing question and need an explanation and answer to help me learn.–use the documents in the attachments to answer these questionsdocument (3,3,31)1.Jaguar recently launched a new compact luxury crossover, the E-Pace, whose price tops out at nearly $50,000Observers expect it to be a high-volume, profitable addition to the Jaguar lineup What are its prospects for success ?2,What do you think are the biggest challenges facing the Jaguar and Land Rover brands in the next few years?3.Do you think Jaguar and Land Rover will prosper under the ownership of Tata Motors?documents(4_,4)1.What were the possible risks of Louis Vuitton’s first-ever television advertising campaign? 2.In fall 2011the euro/dollar exchange rate was E1=$1.35 . By spring 2015 the dollar had strengthened to C1=$1.10 . Assume that a European luxury goods marketer cut the price of an $8,000 linen suit by 10 percent when launching its spring 2015 collection. How would revenues have been affected when dollar prices were converted to euros? 3.Louis Vuitton executives raised prices in the late 2000s, and sales continued to increase. What does this say about the demand curve of the typical Louis Vuitton customer?4.Compare and contrast LVMH’s pricing strategy with that of Coach
Requirements: 300 words in total in each set of questions | .doc file