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kap26 [50]
3 years ago
15

Why has le pliage been so successful? to what do you attribute its popularity and longevity? what is the role of the longchamp b

rand in its success?
Business
1 answer:
blondinia [14]3 years ago
5 0

Longchamp’s iconic merchandise, Le Pillage is a range of foldable, leather-trimmed nylon bags. The huge success is labelled as “eternal”. Le Pillage’s achievement can be regarded as a perfect practice of marketing mix. Part of 4P model can be used to analyze this case.

Product

Le Pillage’s successful product positioning is “Quality”. Intended as a functional bag, Le Pillage accepted one of the most practical and unusual materials, nylon which is durable, sturdy, light as well as cheap.

Price

Le Pillage’s price plan, that average price is €90, made this sequence of bags reasonable to most of the consumers.

Promotion

In 2006, Le Pliage sprang its first marketing campaign with Kate Moss. Even in this campaign, model didn’t carry Le Pliage, halo effect of Longchamp brand has enthused its trades.

Place

Longchamp brand as the strongest support plays the crucial role in Le Pliage’s successful distribution. 

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Communication: The most important to covey from low level to high level and vice-versa.

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3 years ago
AK Inc. is paying 5% coupon rate for its bondholders over the next 8 years. Your required rate of return is 7 percent, how much
ratelena [41]

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6 0
3 years ago
John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If
ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

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Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

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6 0
2 years ago
Companies A and B each have the same level of total assets, the same tax rate, and the same earnings before interest and taxes (
anygoal [31]

Answer:

a.Company A has a lower return on assets (ROA).

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That is options a and c

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For company A to have high debt ratio means it has a higher debt which will reduce earnings. Company A's earnings will be less than Company B's.

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Due to higher debt of company A it's interest will be higher resulting in low TIE.

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