The Paradox of Luxury in Digitalization

Author:

Jaggi Shamily1,Singh Gursimranjit1,Sheetal 2

Affiliation:

1. Lovely Professional University, India

2. Jaipuria Institute of Management, Ghaziabad, India

Abstract

Seeing the success of digital platforms and advancement, social media marketing has strengthened the relationship between buyer and seller from a mere commercial transaction to a personal connection. The outcomes of this interaction are meticulous, and like other industries, it has also revolutionised the luxury products industry. It has become pertinent for the luxury brands to participate in the online visibility for customer awareness, customer engagement, customer acquisition, and customer retention. Though certain challenges are there, there is a need to develop strategies to mitigate them for better positioning, building online trust and online value.

Publisher

IGI Global

Reference45 articles.

1. Arora, R. (2013, May 8). 8 P’s of luxury brand marketing. Retrieved from http://www.luxurydaily.com/8-p%E2%80%99s-of-luxury-brand-marketing

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3. Barraclough, E. (2007). Managing Intellectual Property. April, 168, 42-43.

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Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. 10.1007/978-3-031-26082-7_2;New Technologies in Luxury Consumption;2023

2. 10.1007/978-3-031-26082-7_1;New Technologies in Luxury Consumption;2023

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