5.8 Sales Programs 6.0 WEB PLAN SUMMARY 6.1 Websites Marketing Strategy 6.2 Development Requirements LIST OF REFERENCES 1.0 Executive Summary 1.1 Objectives The company aims to supply consumers with high quality watches and also to maximize its profits. The company will try and make more brand loyal consumer’s to increase its market share. 1.2 Vision and Mission The mission of Rolex is to make sure customers are satisfied with every purchase‚ to a better price
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marketing strategy. SWATCH Swatch is a brand of watches. It service high-quality wristwatches and was founded by Nicolas Hayek. It began development in the early 1980’s. It has different products such as Irony‚ Swatch SKIN Chrono‚ Swatch Snow pass and Swatch Beast. The first Swatch watches were precisely that quality Swiss timepieces‚ made of plastic and right from the start. Swatch also cooperated with artists and give fashion element to watches. OMEGA The forerunner of OMEGA was founded at
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micromechanical engineer. Watches were often bought as investment and it was not uncommon to be handed down from one generation to the next. At this period‚ the Swiss dominated the watch industry with 80% of the world’s total watch production and 99% of all U.S imports. The “Made in Switzerland” label was a global seal of quality‚ status‚ and prestige. In 1951‚ U.S Time introduced Timex‚ a line of disposable watches. The traditional jewelers had no interest to distribute Timex watches because the price
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fixed) and still make a profit. Fashion Watches is a company that produces women’s inexpensive fashion watches. The watches have bands made from latex and colorful faces that include cubic zirconia. The watches come in all variations of color and watch face designs (placement of CZs). The watches are offered at reasonable rates with the idea that women will buy multiple watches to match many different outfits and clothing combinations. Fashion Watches currently employs at the Erie‚ Pennsylvania
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establish a brand name and brand value for itself and to become one of the top 30 watch companies in Singapore in 3 years. The company aims to satisfy customers by providing a platform for people to express their creativity by customizing their own watches according to their personality‚ preference and choice. It also aims to become 1 of top 30 companies in Singapore by 2014. Many different segments in the watch market will be targeted by offering different range in prices to suit various needs and
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Discussion on the Success of Hublot Watches Hublot watches This paper will discuss the positioning and success of Hublot watches in achieving the luxury watch worldwide. In order to make a good analysis‚ a lot of information has been gathered through the official website as well as the advertisement on TV. These information is also combined with the knowledge of marketing mix and positioning acquired earlier in the course. The main concepts mentioned have been sourced
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brand‚ and is recognized for its watches quality. One man should be rewarded for this: Nicolas G.Hayek. He was the one who created the brand‚ inside the Swatch Group‚ in 1983. Now‚ Swatch is one of the leaders in the watch industry‚ and a huge worldwide MNC. Hayek knew which strategy he should adopt in order to launch the Swatch Brand. He was a strategic thinker… Strategic Thinking How did Hayek manage to make Swatch one of the Leaders of the watches industry? He was creative‚ innovative
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what kind of watches were popular among consumers? In what ways was a Rolex different from a Timex‚ or from a gold-plated Seiko? How did consumers make buying decisions? Initially watchmaking was almost an art. Watches were luxury goods‚ produced by skillful jewelry makers and micromechanical engineers and consisted of a lot of little mechanical movements. Made in Switzerland they automatically became symbols of status‚ prestige and a very high Swiss quality. The price of the watches was very high
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partner and began a search for new opportunities. Tom’s older brother‚ Kosta‚ 31 at the time‚ was a merchandise executive at a large Dallas department store chain‚ Sanger Harris. Kosta had noted the recent success of Swatch fashion watches and was aware that watches and other goods could be imported from the Far East at very low cost. On a visit to Hong Kong‚ Tom studied a number of potential products for import including toys and stuffed animals before following Kosta’s advice and returned to
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The line of watches now includes atomic clock synchronization and Tough Solar[clarification needed] functionality.[citation needed] The Cockpit Series G-Shock is the official timekeeper of Nismo Racing. Many newer G-Shocks feature metal (steel or titanium) banding and analog timekeeping. Twice a year the basic models are updated. New limited models are introduced more frequently through the year. As with Swatch watches‚ G-Shocks have become collectors items. Casio also produces collaboration models
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