Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Luxury brands hesitated to embrace e-commerce for a long time -Some had websites showcasing their products BUT not online sales Pure online transactions represent only

Luxury brands hesitated to embrace e-commerce for a long time

-Some had websites showcasing their products BUT not online sales

"Pure online transactions represent only about 4 percent of the total luxury goods market" (McKinsey & Company, 2013)

Explain this in terms of their traditional use of exclusive distribution

Write 2 paragraphs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advertising Promotion And Other Aspects Of Integrated Marketing Communications

Authors: Terence Shimp, Craig Andrews

9th Edition

978-1111580216, 1111580219

More Books

Students also viewed these Marketing questions