Presentation 1
Presentation 1
Presentation 1
MOVEMENTS
Mechanical electronic
DISPLAY
Analog Digital
GLOBAL PLAYERS
Bulora Citizen Cartier Tag heuer Patek philippe Rolex
15%
INDIAN SCENARIO
Median age is 24
Luxury watch brands are growing
INDIAN
PLAYERS
TITAN
HMT TIMEX
6 5 4 3 2 1 0 Product quality Reliability Price range Promotional expenditure TITAN HMT TIMEX
Upper Middle
Middle
Lower
48% 43%
26%
14%
18% 9%
2005-06 Year
2009-10
WEAKNESS STRENGTH New designs and varieties Growing innovations Increase in exclusive showrooms Imitations of branded watches Watches with no guarantee
SWOT ANALYSIS
OPPORTUNITIES
Increase in demand Increase in population Fashion accessory Young independent individuals are the trendsetters THREATS Increase in price of raw materials Mobile phones as substitutes Too many players will dilute the market
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