Preview

Market Analysis of Wrist Watches

Powerful Essays
Open Document
Open Document
11226 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Market Analysis of Wrist Watches
A MARKET STUDY ON WRIST WATCHES AMONG CUSTOMERS WITH REFERENCE TO TITAN WATCHES By THOMACHAN BABU (Reg. No. 35103315) A PROJECT REPORT Submitted to the Department of MASTER OF BUSINESS ADMINISTRATION in the FACULTY OF ENGINEERING & TECHNOLOGY in partial fulfillment of the requirement for the award of the degree of MASTER OF BUSINESS ADMINISTRATION IN SCHOOL OF MANAGEMENT S.R.M. ENGINEERING COLLEGE S.R.M. INSTITUTE OF SCIENCE AND TECHNOLOGY (DEEMED UNIVERSITY) MAY 2005

BONAFIED CERTIFICATE Certified that this project report titled “A MARKET STUDY ON WRIST WATCHES AMONG CUSTOMERS WITH REFERENCE TO TIAN WATCHES” is the bonafide work of THOMACHAN BAU (Reg. No. 35103315) who carried out the research under my supervision. Cerfified furher, that to the best of my knowledge the work report herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate.

Signature of Internal Guide

Signature of HOD

M.U. Subrahmanian

Dr. Jayashree Suresh

Signature of External Guide:

Name of External Guide:

ACKNOWLEDGEMENT

I wish to express my profound gratitude to Mr. B. Santhosh Jayakrishnan, Area Sales Manager of Titan Watches, Ernakulam, for allowing me to conduct this study in his esteemed organization and for his timely and valuable assistance during the period of my study. I gratefully acknowledge the help and guidance rendered by Mrs. Jayasree Suresh (Deen) (HOD) MBA, Dept. SRM School of Management Studies, Chennai. I am indebted to Mr. M.U. Subrahmanian, MBA faculty guide for his profound interest, guidance and encouragement in conducting this study. I sincerely acknowledge the help extended by my internal guide Mr. Sony Santy for his valuable help and guidance in the beginning of the project. My sincere thanks also due to the respondents of the survey who have co-operated in the study by providing valuable information. I would like to thank all those who have

You May Also Find These Documents Helpful

  • Best Essays

    Tag Heuer Biography

    • 1621 Words
    • 7 Pages

    This paper is based on the history of Tag Heuer Stratford store, and what are the roles of managers in the success of an organization, and there is a huge difference between a manager and leaders that will discuss later on in the paper. Tag Heuer is a watch company providing watches that is superior in quality and many people like their products because of their reliability. Tag Heuer watches is known for their quality and precision but they are also very famous because of their unique design and advanced technology.…

    • 1621 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    There has been a couple of speculation about the reasons for our failing sales. One reason is because of our advertising. Some think that the advertisement of our product is not being recognized by the consumers. Others think it is because our products are not being made by quality products. After careful review of the response to advertising, the perception about chronometers, and the consumers’ profiles, I have viewed that our reason for low sales is not because of advertising but because of the watches being rejected by SOCC. The watches are failing at least three of the tests by SOCC. In order to decrease the rejection of the test to less than 10%, I have done some research on different machineries that would help improve the passing of the tests.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    After a successful launch of the LG Watch Phone in Europe, LG Electronics Canada, Inc. is preparing to introduce The Watch Phone to Canada. As an assistant marketing manager I will aid in the development and execution of a niche marketing plan that blends with LG’s 51 years of brand equity while increasing market share in consumer electronics. No other watch phone currently exists in the Canadian market. The market is saturated with mobile phones and portable electronic devices that have 3G capability, a touch screen interface, MP3 player and video calling. LG must entice consumers to switch from their handsets to the LG Watch Phone and generate sales from new markets. Potential customers for this product will be educated, youthful and upwardly mobile: young Baby Boomers (aged 45-49), Gen Xers (aged 30-44), and older Gen Yers (specifically, the ages of 25-29). These consumers will make product, price and carrier plan comparisons between the higher-end handsets: Samsung Omnia; BlackBerry Tour; and Apple iPhone.…

    • 2313 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    First and foremost, our special acknowledgement to Prof, Dr Hajah Noormala Dato' Amir Ishak, Dean, Faculty of Business Management, UNIVERSITI TEKNOLOGI MARA for her advice, interest (on the assignment of ), helpful discussion and suggesting useful references in doing this assignment. We would like to express our profound appreciation to all members of EMBA Group15A, UNIVERSITI TEKNOLOGI MARA and who have directly or indirectly assisted us in doing this assignment. Finally, we are indebted to our beloved family for their encouragement and patient.…

    • 1845 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Swiss Army Marketing

    • 569 Words
    • 3 Pages

    Swiss Army has leveraged its equity of high brand awareness (92%) with the consumer to extend its brand to beyond the pocket knife product. In 1989 Swiss Army launched its Swiss Army watch. This brand extension was very successful and Swiss Army watches have the no. 2 position for watches $500 and under. With the success of the watch, in the 1990s Swiss Army moved to further extend its brand into the areas of travel gear, apparel and accessories. These brand extensions have also proved profitable for Swiss Army. An extension of the brand has broadened the range of customers and raised the level of consciousness for the brand. Swiss Army is now looking at providing the customer with an in-store experience. The company has a strong relationship with retail vendors especially focusing on displays, methodology for selling the brand and working with the associates. Swiss Army is now extending the customer experience by creating the Swiss Army store, which carries the range of its product line, it is primarily focused on the young and curious consumers, therefore attracting another generation of Swiss Army consumers.…

    • 569 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    4. Uses: In India like in other countries Watches have graduated to be the fashion/status symbol dimension of the product. Festivals would be good time in India to come up with schemes to increase sales…

    • 2119 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    A PROJECT SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTERS IN BUSINESS ADMINISTRATION (MBA).…

    • 6815 Words
    • 28 Pages
    Good Essays
  • Powerful Essays

    I. Introduction Brief Overview of Rolex: Rolex has been cited by a number of sources as a one of the most globally recognized luxury brands. The common adjectives associated with this brand are: prestige, power, status, wealth, and success. According to TIME magazine, "Nothing says you've made it like a Rolex." Rolex was founded in the early 1900's by Hans Wilsdorf. Since its original founding, the company has made many innovations that have distinguished Rolex from its competitors, giving the brand a high market share in the luxury goods industry. These innovations include: the first wristwatch automated to change day/date on the dial, show time zones, and be waterproof. Also, Rolex was the first wristwatch to earn chronometer certification (Wikipedia). These innovations, as well as Rolex's commitment to producing…

    • 3456 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Gear 2 Marketing Plan

    • 1162 Words
    • 4 Pages

    Arora, N. (2014, February 24). Samsung Tries Galaxy Gear Watches Now With Tizen - Forbes.…

    • 1162 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Xylys Brand Analysis

    • 2651 Words
    • 11 Pages

    According to the brand personality article and the Exhibit 2 & 5, the similarity/differences could be observed as follows. Both users and non-users consider the luxury watches as quite sincerity, which is associated with the personality traits of down-to-earth and honest. Excitement dimension is associated with exciting, daring, imaginative, spirited and up-to-date, and this dimension of brand personality is more favorable in the users’ opinion. The high score in the personality of reliable and successful indicate that both present and potential users are regarding the luxury watches as very competence. For non-users, unlike those present users, they don’t like the dimension of sophistication or ruggedness much because of the lower like score on brand personality of upper class and tough.…

    • 2651 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A comparative study on the consumer’s preference towards branded jewellery over non branded jewellery in Nasik…

    • 422 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    I would like to thank you for providing me with the opportunity to conduct a study such as this, which help me to gain a deep insight into the activities of the business in complement with the theoretical knowledge provided by Md. Shahin Ahamed Chowdhury. I hope that you enjoy reviewing this report as much as I have enjoyed doing it.…

    • 5827 Words
    • 28 Pages
    Powerful Essays
  • Best Essays

    Casio Smart Watch

    • 2750 Words
    • 11 Pages

    Casio is a company that creates and manufacture technology product. Since 1949, Casio has developed their first calculators, and Casio is not only developing electronic calculators but in 1954 Casio have involve in to the watch industrial. From 1954 until today Casio has entered to watch industrial for 59years, and because of the technology advance nowadays, Casio has develop the new product call “SmartWatch”. (Casio, 2013)…

    • 2750 Words
    • 11 Pages
    Best Essays
  • Satisfactory Essays

    Business Proposition

    • 503 Words
    • 3 Pages

    Customers can find Rolex watches about their price lists at their official website or other relevant website. For example, a customer prefers to buy a Rolex Submariner and find a lot of research about this product through official website, social networking for example Facebook. They also can gather the information through friend opinion. Both countries are promoting the same products but why Rolex watches in Malaysia is much more expensive than outstation and people still prefer to buy at Malaysia. The reason is government policy or we should say currency because different country has different currency. Another reason for this is taxation for warranty. If their watches are not functioned well, customer can claim their watches for services at Rolex Services Center located at Menara Dion, Jalan Sultan Ismail for free because the services are including in the list price when customer purchases their products.…

    • 503 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Certified that this is a bonafide record of the project work an Organizational study submitted by Shafeeque Sulthan, duringThe year 2010-2012 in partial fulfillment of the award of the degree of Master of Business Administration.…

    • 9937 Words
    • 40 Pages
    Powerful Essays

Related Topics