However, the Beijing century plaza relevant personnel or represents, luxury prices was mainly related to the financial crisis in the cause of safeguarding of brand performance in sharply, etc. but were affected by financial crisis affecting the smaller and more attention to the China market.
Consumer is a bit ungrateful
In any case, a luxury brand prices or let their target customers surprising.In addition to using luxury ” they can make me increase self-confidence, increase prices also makes me feel not suffer losses.Now suddenly concession, let me feel very comfortable.” in Beijing a well-paid job Miss Hsu says.
Advances to the Chinese market
Tsem Professor of marketing, financial crisis, Plum, think so that the safeguarding of luxury in the sales performance with relentless shrink drastically plunging sales, meanwhile, the Chinese luxury market is one faction, all luxury brand increase the extension of the China market, as does not affect its brand value, before the opportunity to exchange rate changes going downward price is reasonable.
Plum, pointed out that as long as the commodity price fluctuations in respect of discrepancies, but luxury properties determines what it is not possible downward adjustment, even frequently, it also is a spinner.This time luxury prices is merely incidental phenomenon in the market will not become commonplace, and even less likely to occur price war.
