The Future of Luxury

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The Future of Luxury Panel #8

description

The Future of Luxury. Panel #8. A Global Player In Our Industry. 97,500 employees including 5,800 R&D engineers and technicians. 320 sites located in 34 countries . Group revenues: €b18 with 5.1% Annual R&D investment : € b 1. 500 patents filed in 2012. We Make Stuff For Cars. - PowerPoint PPT Presentation

Transcript of The Future of Luxury

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The Future of LuxuryPanel #8

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A Global Player In Our Industryo 97,500 employees including 5,800 R&D

engineers and technicians

o 500 patents filed in 2012

o Group revenues: €b18 with 5.1% Annual R&D investment : €b1

o 320 sites located in 34 countries

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We Make Stuff For CarsPadding

HeadrestCover

Mechanisms

Frames

Complete exhaust lines

Mufflers

Catalytic converters

Manifolds

Diesel particulate filter

Commercial vehicles

Composites

Modules

Plastic body panels

Cockpits

Acoustic modules

Door panels

Instrumentpanels

Decoration

Center consoles

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B SegmentA Segment

MPV C/D SegmentC Segment

D/E Segment F/SUV Segment

And many others globally…

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What is Luxury?The Future or Luxury

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Webster says: : noun \ˈlək-sh(ə-)rē, -zh(ə-)rē\

: a condition or situation of great comfort, ease, and wealth

: something that is expensive and not necessary

: something that is helpful or welcome and that is not usually or always available

lux∙u∙ry

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Luxury Products May: • Be expensive• Be rare or exclusive… elitist • Be an expression on individuality• Reveal authenticity and craftsmanship• Represent accomplishment• Be a measure of health and available time

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Luxury• Is an emotional reaction to external sensory

information (confident, connected, inspired)• How one feels about a product or service

AND about themselves in an experience• Is subjective• Evolves

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It is a Sensory Experience

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It is a Sensory Experience

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It is a Sensory Experience

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In a restaurant the product we buy is not just “food”

Service

ColorsTasteSmell

Harmony

LightTouch

Comfort

Tableware

Atmosphere

Sound

Company

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It is a Sensory Experience

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Luxury is Subjective

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Luxury Evolves

Stability Control

BMW 750L

Ford Focus ZX3

Adaptive Cruise Control

Mercedes S430

Ford Fusion SE

Mazda 6

Infiniti FX35

Volvo S80

Blind Spot Monitor

Lane Departure Warning

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The Job of the Designer• Understand key brand design elements• Understand consumer needs and trends• Source materials• Innovate new solutions

To elicit emotions through sensory experiences

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2020 MegatrendsChina LeadsEra of ChangeHuman

PlusOasisMeaningfu

l Premium

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2020 Megatrends

China LeadsEra of ChangeHuman Plus

OasisMeaningful Premium

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Authenticity of Materials

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UltraPremium

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OasisSeat

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is a personal experience

The Future of Luxury

that connects all of the senses.

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Design NOT the object,

Next step :

but the consumer experience.Design the emotional response