strategy. d)Visual Merchandizing has been Titans strength ever since its inception.
e) Good retail network by WORLD OF TITAN f) Excellent customer service.
g) International tie-ups with
Hugo Boss and Tommy Hilfiger. a) Waterproof watches not a part of its kitty.
b) Rural India does not form a substantial
part of customer base.
c) Kids are fascinated with mobile phones
rather than watches and incidentally, they show the time. a) Under-penetrated market for watches as only 35% (approximately) of Indian population possesses watches. b) Watches positioned as a fashion wear rather than just utility products. c) With a changing consumer attitude, people like to possess multiple watches for different occasions and events.
d) Huge market in the exchange business.
e) Introducing waterproof watches.
f) Rural market may be tapped
From competitors
a) Japanese- Citizen, Casio
b) Swiss- Rolex, Omega, Rado, Tissot, Tag Heur,
etc.
c) Chinese watches d) Unorganized sector/ Grey market.