the Swiss watch industry. For many years Switzerland was world leader in the watch manufacturing industry. By 1945 they accounted 80% of the world total production. Starting from 1970‚ Japanese manufacturers actively began to produce and assemble quartz watches‚ which the Swiss mistakenly viewed as a passing fad. In the result‚ by 1983 the Swiss share of world markets for watches had fallen dramatically to less than 15%. In 1983 Nicolas Hayek became a CEO of the newly-based company in the result
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Aqualisa‚ gives us an example that even with new significant shower product Quartz‚ which seems to be perfect in every aspect‚ they cannot make a relative progress in U.K. shower market. Quartz is designed to solve all the troubles that exist in U.K. showers. It provides efficient and reliable water pressure and temperature‚ needs less space in bathroom‚ has a stylish looking and is easy to use and install. Although Quartz leaps all other showers‚ the initial sales results turned to be gloomy‚ as
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HBS CASE: AQUALISA QUARTZ – SIMPLY A BETTER SHOWER 1. Aqualisa spent three years and €5.8 million developing the Quartz. Was the product worth the investment? Is Quartz a niche product or a mainstream product? What is the Quartz value proposition to plumbers? To consumers? Answer: In my personal opion‚ it was worth for the Aqualisa to spend three years and €5.8 million developing the Quartz because of the tremendous potential market demands. For 60% of families had shower with lot of mechanical
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Pestel analysis of Titan Watches PESTEL analysis : Pestel stands for Political‚ Economical‚ Sociocultural‚ Technological Environmental‚ Legal analysis of the external environment affecting the business. PESTEL analysis is done by managers to understand the macro environmental factors affecting the business. These analysis are strategic tools for understanding market growth‚ market share‚ latest trends etc. * Political factors : These refer to the relevant
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accept Quartz showers? 3. Whether it should target “do-it-yourself” market since installation of Quartz is very simple? Customers have to wait for 6 months often to get plumber services. So the simplicity in Quartz installation can be used as its selling point to target “do-it-yourself” market. But associating a premium product like Quartz with a channel which sells lower brand like Gainsborough is good for Quartz? 4. Should company target developers more aggressively to push Quartz since it
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16 Case Studies CASE 2 RAY-BAN SUNGLASSES: SELECTING THE TARGET AUDIENCE AND THE COMMUNICATION OBJECTIVES Objectives The case has been prepared to help you to appreciate the following: • What is an agency brief and what are its various components • To profile the market Segments and select the most attractive by carefully analysing the interpreting consumer data • Selection of communication objectives and development of a communication strategy to achieve a desired response. Structure
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watches‚ from Luxury and private labels to basic watches. Each part of the group has its own organization‚ management‚ and own building sites thus making it decentralized. In the early 1970s‚ The Swatch Group was losing market shares to cheap Asian quartz watches in particular those made in Taiwan‚ China‚ and South Korea. The decline was due to the Swiss watch industry retaining its outdated or traditional mechanical watch movements and not changing which consumer’s trends. Basically‚ Swatch watches
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the forefront As the value curve highlights‚ Swatch reduced the quality of the casing material which in turn allowed them to offer a low-priced product with a wider selection. Even though these dimensions positioned them in line with the Asian quartz watch producers‚ they were able to accentuate their unique resource‚ and significant barrier to entry‚ which was providing consumers with their own little “piece of Swiss engineering”. More importantly‚ Swatch introduced a new dimension into the value
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‘Aqualisa Quartz: Simply a Better Shower’ Protagonist in the case: Harry Rawlinson‚ Managing Director of Aqualisa Case Situation: Aqualisa Quartz‚ a significantly innovative product developed by Aqualisa‚ in terms of both cost and quality‚ has been facing challenges in the UK shower market since its much hyped launch four months ago. To generate sales momentum‚ Rawlinson was rethinking his overall marketing strategy for Quartz in order to capture the market with the breakthrough product.
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product of innovative technology. Titan watches are a brand from Titan Industries which is a leading brand in India. Titan watches are very unique in its style ‚ design‚ fashionable‚ elegant and durable. These watches have a timekeeping technology of quartz crystals which is good for greater accuracy than the mechanical watches. It has a date and time‚ altimeter‚ barometer and compass. Titan watches are available in different and beautiful designs such as Titan Edge which is the world’s slimmest
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