Few brands require no introduction, and the recognizable Louis Vuitton is one of them. As soon as you see the logo design, you know exactly which fashion company made these shoes.
Louis Vuitton is probably on the list of the best luxury brands in the world made by anyone who likes fashion. This brand has been promoting itself with pride since 1854, even though they have very high prices and a constantly changing inventory.
From the beginning, Louis Vuitton made his brand all about quality, and over the years, the company has kept its goal of class, quality, and care. Louis Vuitton is a luxury brand that is very trendy worldwide, but you might want to know why their shoes are so expensive, let’s find out in this article:
Top 6 Reasons Why Louis Vuitton Shoes are Expensive:
Here are 6 reasons why Louis Vuitton costs hundreds or even thousands of dollars.
1) High Customer Demand:
Louis Vuitton emphasizes desire and superiority, and they do not produce to overload the market with their original and spectacular designs.
Vuitton sticks to its sales estimates, and once they are met, it stops production of the item to reduce waste and preserve its high value. By limiting supply, there is a rise in demand and price, which provides the company with more revenue and the clients with greater exclusivity to choose their particular style.
When there is a lot of demand and not enough supply, prices go up, and Louis Vuitton customers are willing to pay it. The brand knows how to control its supply and demand chain to maintain the high value of its shoes.
Also Check Out: Why Are Alexander Mcqueen Shoes So Expensive?
2) Louis Vuitton is Celebrity Favorite:
Louis Vuitton is loved by celebrities from all fields of life, and the brand has worked with many well-known artists and designers. In addition to the label’s uniqueness, the fact that it is so popular among celebrities drives up the price of Louis Vuitton products.
People want to be just like their favorite celebrity, so the brand spread the word about the brand through famous personalities and encourages others to try it.
You may also realize Louis Vuitton is reaching out to a young audience by employing social media stars like Sophie Turner, Chlo Grace Moretz, and Kris Wu. Also, you might have seen paid advertisements for Louis Vuitton as well as personal images of them wearing LV products on their profiles.
When fans see their favorite celebrities wearing these brands, they want to buy them for themselves as soon as possible to match their style. That alone usually helps to increase product sales. Kim Kardashian, Rihanna, Hadid, Madonna, and Uma Thurman, just to name a few celebrities showed Louis Vuitton lots of love and were spotted using the brand’s shoes.
3) Production Costs:
Extremely creative skill and labor are required to make a single Louis Vuitton product. The position of Louis Vuitton Artisan is prestigious, and only the best are chosen for it, making it a highly competitive employment. Instead of using cheap labor or manufacturing, Louis Vuitton maintains the integrity of its shoes and other products through hand stitching and design.
A single pair of shoes is subjected to multiple levels of inspection before being granted permission for sale. In a time when technology is always getting better, Louis Vuitton puts less emphasis on technology and more on the skills of its craftspeople.
This traditional method makes sure that every detail is taken care of and keeps the brand at the level of quality that people have come to expect from them.
4) Positioning Strategies:
All brands want to show up in the first search results when someone decides to look for something and buy it online. In the case of Louis Vuitton, we could say that they have used certain marketing strategies to stay on top.
First of all, this company tries to sell products that are valuable for the customer. Because of this, it’s easy to tell that all of its shoes and accessories are of high quality.
Distribution is a crucial part of this fashion house’s marketing strategy. This brand has its stores, which are designed to give customers a satisfying experience and make them feel like they are in a place that is both luxurious and well-designed.
Then, Advertising has always been something that the brand has thought about. Because of this, they hire professionals to help them make ads that are professionally made and show how celebrities and people from the world of culture work together.
This brand also takes good care of its website and the content on it, which is made for a specific audience. In the same way, it keeps a very easy-to-use interface so that users have a good time making a purchase.
The connection between customers and Louis Vuitton is famous that people’s views matter for luxury companies and the brand takes this fact carefully. In fact, it was one of the first brands to use Louis Vuitton’s social networks to establish a stronger connection with its target market. So, these strategies will ensure that this brand’s fame and pricing remain high.
Also Check Out: Why Are Brooks Shoes So Expensive?
5) Symbol of Status:
The brand provides prominence and exclusivity to those who have any of its products. The classy LV monogram is well known, giving off the image that you are wealthy and able to purchase a brand that few others can.
Getting a Louis Vuitton item can boost a person’s self-esteem and make them feel like they’re part of a special group. Luxury brand Louis Vuitton is aware of this, so they charge so much for a single item to make sure that a certain kind of wealthy customer buys from the brand.
Louis Vuitton also makes a huge amount of money with a limited supply of products because they only make a certain number of each item in their collections. Also, the customer will feel special knowing that not many people have those Louis Vuitton shoes, so this idea alone will keep driving sales and prices for this brand.
6) Shoes are Well Made:
Quality is important to purchase anything, especially ones that come with such a high price tag. Although the price tag may seem high at first, it is justified when taking into account the quality of the materials and production.
This company’s heritage and experience mean its products are always reliable and long-lasting. Each item, which is made using premium materials like cotton, canvas, and high-quality leather, is put through a series of tests before it ever sees a store rack.
A Louis Vuitton product has a high resale value because it was made with premium-quality materials, you can be sure that if you buy something from them, it will save you money in the long run.
Louis Vuitton also goes a step further with its shoes by making a new version of the Louis Vuitton shoes with 90% recycled materials. It is nothing like fast fashion, which is another reason why Louis Vuitton is so expensive.
Also Check Out: Why Are Clarks Shoes So Expensive?
Frequently Asked Questions:
Is Louis Vuitton a good brand?
Louis Vuitton is one of the earliest and most famous brands in the fashion industry. As a seller of luxurious products, the company has expanded its network to more than 50 countries and opened nearly five hundred stores globally. The brand’s association with luxury, exclusivity, and superior quality generates strong market demand for its products.
Are Louis Vuitton shoes good?
The reputation of Louis Vuitton for high-quality craftsmanship is evident in the materials and longevity of each product. The shoes are designed to be used extensively without showing signs of damage, this is further proven by handmade pieces that look brand new despite their ages. All Louis Vuitton shoes are crafted by almost 250 artisans, mostly by hand, and the craftsmanship speaks for its price.
Are Louis Vuitton shoes worth the price?
Since we spend so much time on our shoes, it only makes sense to invest in a pair of Louis Vuitton that makes you look and feel like a million dollars. I can confidently tell that their products are well worth the money, as the quality is outstanding. Also, the Resale Value is quite high, and consumers usually profit from it.
Where to buy Louis Vuitton shoes?
You can buy their LV shoes on the official website. You can also find LV stores here and make purchases globally, most of their collections are available in many retail stores as well.
Also Check Out: Why Are Golden Goose Shoes So Expensive
Conclusion:
Louis Vuitton believes that a premium product is only worth as much as the consumer is willing to pay for it. There are many reasons why Louis Vuitton is such a trusted brand, even though its products can be quite pricey. With proper care, a pair of their shoes can endure for nearly two decades without needing replacement.
When you consider how much effort and passion goes into each stitch, we’d say that the high prices for these unique designs are fair. After all, a brand name that has been around for a long time and is still the best at what it does deserves to be paid well for its brilliance.
Also Check Out: Why Are Hoka Shoes So Expensive?