Study in one of the Top Business schools in Delhi NCR to enter lucrative profession of  luxury brand management

With the global economy on a fast-track capitalism theme, it has become clear that business management is one of the most lucrative career options today. Thousands of small and large companies, brand and industries are vying to reach the top of the intensely increasing competition. This competition is most felt when you are working in the luxury brand segment of the economy.

With advanced and effective business management courses in luxury brand management, it is becoming easier and more efficient to reach the level of potential required to work in this highly competitive field.

 Why you need an excellent MBS college?

There are thousands of reputed colleges in India which promise to be excellent when it comes to providing management courses.

Ideally, a college offering post graduate or Masters in business studies (MBS) is supposed to prepare aspiring business management professionals for handling senior management positions with companies and brands. This is achieved by comprehensive tutorials and learning methods, including hands-on teaching through field trips and visits to companies. The ideal MBS course should make the student proficient in the various aspects of business management, including:

• Accounting
• Finance
• Marketing
• Human Resources, etc

A postgraduate course in business studies   is an interdisciplinary course which aims to teach the finer points in excellent management, through analyzing finance, accounting, and economical, sociological and psychological points relevant to business management.

 How does a postgraduate course in business studies Help with Career Growth?

A course in luxury brand management from the Top Business school in Delhi NCR will help you to prepare with the required managerial skills which are necessary for the growth of the brand you work for, and to help you to prosper in the long run.

Check out these salient points which show what exactly makes MBS courses such an excellent choice for management professionals in India:

• Candidates with a degree in postgraduate in business management receive the significantly higher level of salary than others.
• A relevant business management course works to add immense value to your CV.
• Employers perceive a management professional with a business management course certification to be highly credible, extremely confident and able to lead their subordinates in the best possible way.
• MBS courses are designed to prepare successful business managers. The course material, along with the visits to industrial locations help to increase your confidence, enhances your management skills and instills leadership traits. This is an excellent opportunity for personal growth for you.

Top Business schools in Delhi NCR

Here is the list of the Top Business schools in Delhi:

• EMPI Business School
• Infinity Business School
• JIMS, Rohini Sector 5
• Luxury Connect Business school
• fortune school of international business
• Northern India Engineering College, New Delhi
• Amity school of engineering
• Fore school of management
• Jaypee Institute of Information Technology
• Bridge School of Management 

 These top 10 MBA colleges in Delhi NCR are ranked according to the quality, of course, the extent of hands-on training and placement opportunities provided by them. Luxury Connect Business School takes pride to be part of this esteemed list. It offers extensive course material and the higher level of teaching standards maintained throughout the year. Luxury Connect Business School is the leading business and management studies provider in the Delhi NCR area. It has a reputation for preparing management aspirants into highly competitive and excellent brand managers, especially in luxury brand management.

How does Corporate Training Help in Luxury Brand Management

Customer servicing plays an important part in every sector, but its quality plays a crucial role in the luxury sector. It is a significant differentiation in grabbing the customer’s imagination and interest in this sector.  Selling luxury is not about selling products, it is about selling experiences. It is about delighting, surprising and then, exceeding expectations.  However, in this ever-changing economic scenario, it becomes challenging to provide such experiences unless the person dealing in luxury brands understand those nuances. It is a well-known fact that consumers of luxury brands often have higher expectations than traditional consumers.  Infact, they are more sensitive more so  phisticated and even more; they do not have patience when it comes to an aggressive salesperson, which often traditional salespersons are.

So, how exactly those discreet, accommodating and doting staff of those top luxury brands get their way? Is it something that can be learned or trained? The corporate training in luxury brands can help people learn those soft skills and attitude required to manage luxury brands.

What is Corporate training?

For any organization, training is important to keep their staff updated with a current market scenario and update their skill sets. For a sustainable growth and business expansion, it becomes very important for the organizations to have the skills of their employees reoriented to keep up with the organization's mission, vision,and goal. After all staff of any brand is the face of the brand, its they who drives the sales and create a brand image for consumers. Hence corporate training is all about enriching employees with new skills to align with organization’s goals.

What is the need for training employees?

The well-structured corporate training programs from the top business schools can help your organizations with the know-how, tools, and skills to develop talent and have next generation of leaders.The training can help build a versatile and strong team of senior managers whose management is respected.

Corporate training imparted by experts can help build loyalty in the company, boost managers’ performance and improve the bottom line. It prepares managers for greater challenges so they can easily  make the transition from one managerial role to a greater one. Another advantage of these training programs is that the teamofan organization can be trained with customized management training to address specific group challenges.

Benefits of investing in employee development and training

Gives a competitive edge : In this age of competition, talent hunting is an important part of business plans of any company. However, competition is too severe when it comes to attracting talent. Retail training programs are the part of employee perks and benefits. It helps in attracting good talent for your organization and gives you an edge over the competitors.

Enhanced Employee Loyalty : Investing in corporate training gives not only your company tangible benefits but also other benefits, and an important one is increased employee loyalty. When you show interest in training and development of your employees, they feel valued and appreciated. More valued they feel, more loyal they become. They will stay longer and even can refer to other skilled people to work in your company. Besides, more loyal employees are more motivated and more engaged, and these are intangible benefits that go a long way in increasing the bottom line.

Reduced turnover : As said above, when you invest in corporate training of your employees, they feel more valued. They take it as an investment in their career development and hence, stay longer. This reduces the turnover rate of employees. The fact is high turnover rates affect the company’s position in the market, revenue, and profitability.

Prepared for sustainable growth : When your company invests in corporate training, you are prepared for sustainable growth. Your employees are updated with changing market trends and needs. They get prepared to face any future needs of the changing market and hence, ensure company's success in the long term

Many international luxury brands are understanding these benefits and are showing interest and investing in training of their employees. For example, Gucci has partnered with Polimoda, one of Italy’s top fashion schools to launch a new master’s course in Fashion Retail Management. Similarly LVMH has partnered with "Central Saint Martins" a well known fashion and design college in London, and launched a "Sustainability and Innovation in Luxury" program. In India too, brands are showing interest in such training programs to polish talent and hence, getting prepared for the market competition. Luxury Connect Business School an initiative by Luxury Connect , a leading name in the luxury brand management, is offering solutions in this regard.

How does Luxury Connect help?

Luxury Connect is supported by the experts from the global luxury world.  It helps domestic and international brands to train their staff with skills sets required to manage luxury consumers. Luxury Connect has provided training solutions to several organizations in India and helped them increase bottom line to manifolds.

Following the International Luxury Brands as mentioned above, Delhi Duty-Free Services Pvt. Ltd  (DDFS)was one of the first Indian organisation to realise  the importance for up skilling their staff, therefore they launched a "Retail Adcademy" in partnership with Luxury Connect Business School, which is an initiative by Luxury connect.

DDFS manages and operates duty-free shops at Indira Gandhi International Airport Delhi. LC provides customized training programs for DDFS employees to train them with Luxury Retail Selling Skills so that they can interact, motivate the high-end luxury consumers traveling through this busy international airport. With our training solutions, DDFS has  increased its sales for more than 100%  in last five years. LC believes in “under committing and over delivering” and “ respecting customers’ time and money,” and the same  skills are imbued in the learners.

LC in association with Luxury Connect Business School offers two short track programs namely Luxury Brand Strategy Skills (LBSS) and Luxury Retail & Service Skills(LRSS) to help organizations upgrade  brand management, retails and servicing management skills of their employees. LC focuses on the luxury sector and is an expert in this segment. Its training programsare specifically designed for the companies who provide products and services across the luxury spectrum. These training modules are delivered by these expert trainers who have a deep and intimate understanding of the needs and desires of the luxury consumers.

How Important is a Fashion Brand Management Program?

Luxury and fashion brand management is one of the most intensely dynamic and fast-paced industries in the world. The concept of luxury fashion is ever-changing which is resulting in immense innovation in the worldwide fashion consumption.

According to a yearly sector-wise trend report from renowned research agency Kantar and CII (Confederation of Indian Industry)*, the Indian luxury brand market saw its value rise from USD 14.7 billion (over 96,450 crores) to a whopping USD 18.6 billion (over 1,18,495 crores), between 2015 and 2016. This was an excellent spurt of 25% YoY.  

Adding to the Indian luxury brand market’s impressive growth was the USD 35 billion (around 2, 30,365 crores) which was reportedly invested in 2016, which is expected to become twice its current value by the end of this decade.

This report goes on to show that the Indian luxury fashion consumer base is expanding with the growth of the middle and upper middle-class demography which is increasingly earning higher disposable income.

This is proof that the career growth potential is significantly higher in luxury fashion brand management as compared to other industries. Leading Indian business school, Luxury Connect Business School (LCBS), provides the right training and opportunity to budding management professionals who are seeking to make a career in luxury fashion brand management. The management institute has been teaching and training management students the intricacies of the lucrative luxury market through its effective Program in Luxury Fashion Brand Management.

LCBS collaborates with renowned luxury brands, including Genesis Luxury, BMW, Michael Kors, Swarovski, etc. to provide its students with efficient learning and hands-on training.

Requirements for a Successful Luxury Fashion Brand Management

To pursue postgraduate management courses in luxury fashion brands require you to have certain skills that are essential for ideal fashion brand management in the luxury sector. These are the points you need to have if you wish to become a successful luxury fashion brand manager:

• Interest and passion for the fashion industry
• Knack for researching and keeping yourself updated with the latest trends in the entertainment and fashion industry
• Knowing the importance of observing and learning details
• Natural business acumen
• Effective communication skills

Why choose Post Graduate Luxury Fashion Brand Management Program?

A postgraduate program in luxury fashion brand management from Luxury Connect Business School will essentially help you to get an exciting and challenging career.

The luxury fashion industry in India, and all over the world, is highly competitive and dynamic. It is growing at an increasingly faster pace everywhere. This postgraduate program in luxury fashion brand management will teach you all you need to know about the management of luxury fashion goods, fashion research and forecasting trends. It will hone your marketing and retail management skills for luxury fashion brands.

Your career prospects will become significantly brighter with the choice to become a fashion brand manager or even a fashion PR specialist. This career line will make you a part of the glamorous world of celebrities from the world of luxury fashion.

Top Business schools in Delhi NCR

With the global economy on a fast-track capitalism theme, it has become clear that business management is one of the most lucrative career options today. Thousands of small and large companies, brand and industries are vying to reach the top of the intensely increasing competition. This competition is most felt when you are working in the luxury brand segment of the economy.

With advanced and effective business management courses in luxury brand management, it is becoming easier and more efficient to reach the level of potential required to work in this highly competitive field.

 Why you need an excellent B-school?

There are thousands of reputed colleges in India which promise to be excellent when it comes to providing management courses.

Ideally, a college offering post graduate or Masters in business studies (MBS) is supposed to prepare aspiring business management professionals for handling senior management positions with companies and brands. This is achieved by comprehensive tutorials and learning methods, including hands-on teaching through field trips and visits to companies. The ideal B school course should make the student proficient in the various aspects of business management, including:

• Brand management
• Finance/ legal
• Marketing and communication
• Business strategies etc

A postgraduate course in business studies   is an interdisciplinary course which aims to teach the finer points in excellent management, through analyzing finance, accounting, and economical, sociological and psychological points relevant to business management.

 How does a postgraduate course in business studies Help with Career Growth?

A course in luxury brand management from the Top Business school in Delhi NCR will help you to prepare with the required managerial skills which are necessary for the growth of the brand you work for, and to help you to prosper in the long run.

Check out these salient points which show what exactly makes a post graduate(PG) course such an excellent choice for management professionals in India:

• Candidates with a degree in postgraduate in business management receive the significantly higher level of salary than others.
• A relevant business management course works to add immense value to your CV.
• Employers perceive a management professional with a business management course certification to be highly credible, extremely confident and able to lead their subordinates in the best possible way.
• MBS courses are designed to prepare successful business managers. The course material, along with the visits to industrial locations help to increase your confidence, enhances your management skills and instills leadership traits. This is an excellent opportunity for personal growth for you.

Top Business schools in Delhi NCR

Here is the list of the Top Business schools in Delhi NCR as of 2017, By Career Connect.

• D Goenka World Institute
• Amity Business School, Noida
• Luxury Connect Business School, Gurgaon
• SGT university, Gurgaon
• Birla Institute of Management Technology, Greater Noida
• Fortune Institute of international business, Delhi
• JIMS, Rohini Sector 5, Delhi
• Jindal Global Business School
• Jaipuria Institute of Management, Noida
• GL Bajaj Institute of Management & Research. Greater Noida

Luxury Connect Business School takes pride to be part of this esteemed list. It offers extensive course material and the higher level of teaching standards maintained throughout the year. Luxury Connect Business School is the leading business and management studies provider in the Delhi NCR area. It has a reputation for preparing management aspirants into highly competitive and excellent brand managers, especially in luxury brand management.

Leadership Skills Training - Luxury Connect Business School

A good leader makes for an excellent manager, according to numerous management experts from all around the world. It is a well-known fact that a person with a natural flair and propensity towards leadership can become an ideal manager in an organization.

Leadership skills are most emphasized in people who are into luxury brand management. This niche field requires the brand manager to be a people’s person to whom the subordinates, team members, and most importantly, the elite customers are attracted to. Management experts consider that leadership and management are synonymous with each other. It is important to understand and realize that effective leadership skills are the mark of an effective and efficient manager.

According to a report from Statista, the luxury brand market is on upward trends for many years. According to the report, the global personal luxury brands market was 212 billion euros in 2013 and crossed 249 billion euros in 2016. This hugely expanding industry need millions of skilled managers to retain, maintain and attract huge customer potential that is still untapped.

Importance of Leadership Skills in Luxury Brand Managers

Leadership in a luxury brand usually involves creating a viable atmosphere for the subordinates and the client to work in efficiently and comfortably. A true leader is distinguished by their ability to influence and drive a group of people to achieve and accomplish the set corporate goals.

Managers are undoubtedly the leaders in a corporate organization. The leadership skills are required most when working for a renowned luxury brand. Although this is a niche market, it has the toughest level of competition with the various rival brands in the same market.

Let us check the aspects that make a good leader, and in turn, makes for an excellent luxury brand manager:

Initiative taker – A leader is known for taking the initiative. They are able to work through communicating, the policies and plans to the subordinates in the best possible manner, which ensures the actual beginning of work on any corporate project.

Motivational – A leader in management will constantly motivate the employees through monetary and non-monetary rewards, to get the work done efficiently and in the best way.

Guide – A leader in management skills not only has to supervise the progress of the project in hand but also acts as a guide for the entire team which is working on the project.

Why a Good Leader makes an Excellent Luxury Brand Manager

Management professionals having excellent leadership skills make for the best luxury brand managers. Their leadership aspects prove truly fruitful when it comes to making the team work to their full potential but also in keeping the clientele engaged through innovative new branding ideas.

These are the main points that show how the proper training for leadership skills can make you the best manager for luxury brand companies:

• Leaders have an effective way of not only delegating responsibilities according to the individual’s strong point but also to direct the development of projects and implement the best vision of the organization.
• Leadership skill training is useful for directing the management functions in the most efficient manner. An effective leader is able to manage the planning, staffing, organizing, controlling and direction of the various corporate aspects of a luxury brand.
• A manager having good leadership skills is able to inspire and motivate others, irrespective of the hierarchy of the organization.

Luxury Connect Business School is a renowned management institute. For imparting the best training for leadership skills in luxury brand management, LCBS has devised high quality programs. It offers an extensive range of post-graduate diploma courses in luxury brand management which help to fine-tune your management and leadership skills effectively. It has well-experienced professors from across the  globe.  Luxury Connect Business School is India’ 1st and only Luxury B- School.  It took the initiative to prepare the highly capable young workforce to be ready for this extensive luxury market. Students at LCBS get real-time exposure to luxury brands.  They are trained through workshops and site visits of luxury brands.  Students get to interact with industry veterans as LCBS has long-standing  industry relations with several global Luxury brands such as BMW, Ferrari, Versace, Ganjam, Lodha, Roseate and many more.  Students get a unique cultural and learning experience while  studying at LCBS.

Here is How You Can Reach the Summit of Your Management Career with Luxury Brands

The luxury brand industry is one of the most lucrative and highly competitive industries in the world today. India, with its immense population and increasingly rising spending power, is rapidly becoming one of the most sought-after markets for luxury goods and services. Hence a career in luxury brand management in India is one of the smartest career choices.

According to a report by the Euro Monitor International, the Indian luxury goods and services market is set to grow at an impressive 86% in terms of constant value, in the next couple of years from now.

Who is a brand manager?

Ideally, a luxury brand manager is responsible for analyzing and then planning a constant strategy to enhance the perceived value of a luxury goods or service in the eyes of its customers. A luxury brand manager  is typically expected to conduct market research for his brand ,manage and organize effective marketing campaigns, plan product distribution, manage resources and budget of the brand, collaborate with luxury designers and oversee marketing functions. In a nut shell, he has to act as the brand custodian while also being the business head / strategic advisor operating like brand CEO who is responsible for all actions / repercussions / reactions on or for his brand in his specified territory.

A profession in luxury brand management requires you to not only understand every detail and specifications/features of your luxury product, but it also requires certain skills, such as being creative and taking the initiative, having effective leadership skills, being dedicated and passionate towards your brand’s growth and have a natural networking capability.

 Tips to become a Successful Luxury Brand Manager

Here are the top 5 tips to having a budding career in Luxury brand management:

• Build leadership skills – Being an effective manager requires people skills like no other. Your leadership acumen will be able to handle your subordinates efficiently and ensure successful luxury brand management. Strong communication skills, a natural motivator, and being a smooth persuader are important aspects of a leader in management.
• Combine strategy with creativity - A successful luxury brand manager needs to be creative and analytical as well. Ideal luxury brand managers are able to develop creative brand strategies which helps the brand differentiate from the others and stay ahead in their game, which helps to attract potential customers to the brand effectively.
• Constant adaptation and evolution – With the dynamic nature of the luxury brand market today, effective brand managers need to be up-to-date with the latest in innovation & technology. This should be applied efficiently to the growth of your brand.
• Constant innovation – With the ever-changing pace of the marketing industry today, it is highly advised to be innovative in your strategies, to be a step ahead of the competition in this niche market. To be a successful brand manager, you need to constantly update yourself with what the competitors are doing and how you can do it better. Innovation is the key to success.
• Get professional training – An effective course in luxury brand management is highly advisable for becoming a successful luxury brand manager. These courses are designed to hone the necessary skills required to being an efficient manager for luxury brands.

Luxury Connect Business School is the best choice for budding future-managers to acquire and hone these essential skills which will make them efficient and ideal luxury brand managers. LCBS is well-connected with numerous globally popular luxury brands. It also provides a chance to experience the luxury industry firsthand, with global and domestic such as the Roseate Hotel and Resorts, BMW, Grand Hyatt Residences, Christian Dior, LVMH, etc among many others.

The post graduate luxury brand management course at Luxury connect business school has been structured in a way that, you learn about the basic luxury definitions & gain in-depth knowledge about the various sub sectors within the luxury domain. One learns to manage, strategize, and implement business models specific to the luxury industry & sector in India. LCBS teaches and prepares one for positions such as brand head, brand manager, marketing manager, buyer, merchandiser etc, the choice being yours with respect to your aptitude and skill specialisation.

Luxury Connect Business School has been efficiently providing advanced management courses to hundreds of students in luxury brand management. It has an impressive record of placement for its students with popular luxury brands across different luxury sectors, including Sotheby’s Mercedes-Benz, Rolex and other globally renowned brands.

Luxury Brand Management: Do courses in Customer Service Management help attain better efficiency?

For a luxury brand, an efficient and effective customer service is one of the highest priorities. The elite class being the usual clientele for Luxury brands, immaculate service & high quality products are the least of expectations. Transactions result by virtue of trust between the sales associates and the client. Building trust requires professionalism at the highest level. An effective luxury brand manager benefits tremendously through proper and structured training through customer service courses. 

This allows one to effectively tackle and handle every scenario, which could be anticipated in this niche luxury market. An excellent customer service manager is able to put the customer at ease naturally. Showing empathy towards the client helps to make them comfortable and build trust. Luxury Connect Business School is India 1st & only Luxury B- School. It offers programs that give practical exposure to different luxury segments. It has strong industry relations with several global and domestic brands such as BMW, Ferrari, Roseate Resorts, Gucci, Sotheby’s, Swarovski and many more . Students get hands-on training   through workshops that are held by industry veterans and visiting sites of luxury brands. LCBS is well known for its Well-Experienced Professors, Internationally Vetted and Accredited Masters courses and World class facilities besides a extremely friendly environment.

 Importance of programs in Customer Service for top class Luxury Brand Management

LCBS presents customer service courses designed to prepare students for effective luxury brand management. 

Salient traits that are inculcated when you undertake any of the customer service courses in luxury brand management include:

Being empathetic – As mentioned earlier, showing empathy towards the customer is a basic rule for efficient and satisfactory customer service. Showing empathy to the customer’s plight makes the customer naturally feel cared for, especially when it is done with utmost respect and thorough understanding. 

Working with Feedback – Knowing the effectiveness of your customer service strategies is important. Regular feedback through surveys from your customers is an efficient way to know exactly what your customer feels about it. This is an effective way to implement the most fine-tuned customer service plans and improve your customer’s experience and your team’s performance at the same time. 

Using Customer Service Metrics – Learn to use the most efficient customer journey tracking tool on hand. There are several metrics in customer service (such as the amount of time spent on the phone and the number of times a particular customer has called for service) which should be reported on a regular basis to provide the customers with customized post-sales services.

Being Always Available  – Customers are most comfortable when they know that they are being heard by an empathetic person on the other end of the phone. One of the most effective ways to respond to customer queries is through the various popular social networking platforms, such as Twitter and Facebook. This way the customers’ queries can be responded to, and resolved, faster and with more efficiency. Apart from this the conventional method of talking to the customer over the customer service helpline is also important to instill a sense of comfort and trust in the customers.

How Courses in Customer Service help in top class Luxury Brand Management

According to management experts, customer service is the number one marketing tool that a luxury brand has at its disposal. Efficient customer service helps to drive customers to make repeat purchases from your brand, increases the value of your services or products, and help to build the best rapport with existing customers.

Ideally, the courses in customer service for management of luxury brands tend to train you in certain aspects of branding and marketing which are essential for the ideal growth of a brand, such as:

•  Complete and detailed product knowledge
•  Ideal voice, tone, and attitude when working in customer service 
•  Tricks and tips to address the customer’s query in the best possible manner

 These, and other such, strategies are taught to potential luxury brand management professionals in the best possible way by renowned Indian business school, Luxury Connect Business School. This educational institute is well known for providing extensive post-graduate diploma courses in luxury brand management in an effective and efficient manner.