They also started educating the customer between real and replica watches so that theycan differentiate and buy the watches wisely. Titan Sonata is one of the highest selling watches in India, despite its stylish looks and amazing features it is affordable and offers long lasting value to the consumers. The product was constantly improved by adding features and colours to designs. Company Image: For Titan the company image is very much popular as Tata is the parent company and in India Tata products are very much trusted by the people. However, now it has gone back to the convenienceattribute.
They were sporty watches that matched with trendy designs and casual wear. Itreached to the position of credence attribute. It has taught people how to make a style statement with its brilliant watches. Narayanan graduated in Mechanical Engineering. Political: Tag Heuer is a foreign company. From there, companies can create their marketing strategy based on the information gained. All switches are steel case and rack mountable! A new brand Fastrack was created within same product category watches.
Apart from this company has also given the estimation for their revenue till the year 2010 through the following graph: In the above graph company has considered three cases for rise in the revenue of the company… Optimistic: If company goes with very positive attitude expecting there will not be any problems than there revenue for the future will be Years Revenue Rs. Retail Store: Renovate the retail stores to attract the customer in a convincing environment. The collection comprises around 40 designs and is targeted at women in the age group of 25 to 45. Foreign exchange was necessary for Titan to purchase equipments and other raw material from overseas market. There are middle income about 1000-5000 the people about 3. We continuously look for new ways to satisfy our customers and exceed your expectations. In 2014 it entered into a joint venture with to establish its retail stores in India.
A truly unique collection of watches that combines the sturdiness of steel with the richness of gold. Being a leading name in the industry, we are involved in supplying and trading with a broad array of Titan Men Wrist Watch for our esteemed clients in Nanded, Maharashtra, India. Not Fixed The answer which we get of this question gives the future demand for Titan and Timex. The main objective of the company is to manufacture analog electronic watches with a choice of over 150 designs. The third question which we asked was related to the prise of the watch. Some of the authorized retailers started acting as wholesellers.
§ For Economy level: company is expecting the product volume of 17 million worth Rs. Place: Titan Company has manufacturing and assembly facilities in Tamil Nadu and Uttaranchal. It adopted a twin brand strategy. In the above graph X axis shows the prices as you travel to right on this axis the price range og watches goes on increasing. Advertisement: Inadequate advertisement, promotion, sponsors. These offered Mens Titan Wrist Watches are manufactured using supreme grade quality components that is sourced from reliable vendors of the market keeping in mind set industry norms.
Customerblindly goes for their products which their favorite and popular models are using. For this matter we are available as your consultant. With the help of distinguished professionals, we have been able to provide our valued customers Titan Analog Men's Watch. There are 129 stores in 99 towns. In 1994, Titan diversified into jewellery with and subsequently into eyewear with Titan Eyeplus.
They may take anyhelp of specialist in this regard. The prices are between Rs. · Multi Brand Outlet- Time Zone. Especially in the technology sector the expansion into different markets requires a multitude of adjustments. Titan also offers lifetime warranty with Nebula watches. The existing channels of distribution for Titan like exclusive showrooms and shop dealers can support titans various segments.
Other company have brand named in the market so that people tend to buy these watches with its name. For young boys and girls Bandhan Watches for him and her 6 Titan Industries Ltd. Analyzing the market will also help determine competitive pricing for the product and the best distribution channel or channels. In 1992 over 150 models were introduced. Watches for him and her. Titan has shown its differentiation, and customer centric approach which helped them to get the market. The major competition was from Timex, which already had a strong presence in the lower-end of the market.