
This first video brings some highlights from academic research on the role and evolution of value creation in Luxury and introduces the customer journey comparing different touchpoints in the luxury automotive market with the volume one.
The second section continues the exploration of the customer journey in Luxury Automotive focusing on dealership identity and processes, to then look into afersales and services range offered by different key players to promote brand identity and loyalty.
The section of the course looks and macro-dynamics in the market that have defined the Luxury segment over the past 20+ years leading to what we currently see, with examples from key players in the industry.
While still focusing on key Luxury Automotive strategic and business development trends, this third section focuses more on the approach taken by automakers in response to a more competitive and increasingly technologically advanced industry.
The last chapter of the course looks at two interesting case studies in Luxury Automotive. The first compares directly two differing approaches to diversification and brand equity strengthening, and the second one looks at how innovation is often realised in this industry.
I have studied and worked in the automotive industry for years now. So, I decided to put together this course for everyone who is passionate about Luxury Automotive or might need some knowledge for work or university studies.
This course is the result of research and consulting work that I have done with students in business and marketing university majors. Whether you are a beginner or an expert, you will find important insights about the trends and workings of this business, its strategies, and dynamics that are relevant to other sectors of luxury as well.
The Luxury automotive sector is evolving rapidly and it has almost gone full circle since its birth. In a world where luxury is expanding and customer expectations are higher than ever, an automotive business cannot remain "just" about selling cars anymore. It is crucial then to understand how businesses evolved and where a manager can go to further improve the reach of a brand and create opportunities.
This course will provide you with the knowledge to understand these different market dynamics, the strategies adopted by businesses, and how they impacted the customer journey. Most importantly, it will hopefully help you start your career in this business.