Please do not give solution in image format thanku Being the second oldest luxury brand that is still operating today, it’s no surprise that Louis Vuitton has been one of the most valuable luxury brands in the world for decades.The story of Louis Vuitton started almost two centuries ago, when the founder was born in 1821 in a small village in the east of France, called Anchay. Louis Vuitton remains one of the most popular luxury brands in the world, and this will not change any time soon. LV has been known to create limited edition collections every season, and regularly collaborates with various artists and designers, creating even more unique items. Hollywood socialites like Selena Gomez and Emma Stone are brand ambassadors and the not so famous clamor to purchase and carry LV bags. The most recent best seller is the "Neverfill" tote featured below. The bag retails for $1,760. High ticket price? Yes, but women love this bag! Name the specific social or personal/individual factor of consumer behavior might explain the decision to purchase a bag? (NO PARAGRAPHS) Give quick short answer.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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Being the second oldest luxury brand that is still operating today, it’s no surprise that Louis Vuitton has been one of the most valuable luxury brands in the world for decades.The story of Louis Vuitton started almost two centuries ago, when the founder was born in 1821 in a small village in the east of France, called Anchay. Louis Vuitton remains one of the most popular luxury brands in the world, and this will not change any time soon. LV has been known to create limited edition collections every season, and regularly collaborates with various artists and designers, creating even more unique items.

Hollywood socialites like Selena Gomez and Emma Stone are brand ambassadors and the not so famous clamor to purchase and carry LV bags. The most recent best seller is the "Neverfill" tote featured below. The bag retails for $1,760. High ticket price? Yes, but women love this bag!

Name the specific social or personal/individual factor of consumer behavior might explain the decision to purchase a bag? (NO PARAGRAPHS) Give quick short answer.

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