Beruflich Dokumente
Kultur Dokumente
. Titan manufactures over 90 million watches across 30 countries and cumulative. Titan Industries was established in 1984 as a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO). The company set up its corporate office in Bangalore (Karnataka) and its watch manufacturing facility in Hosur (Tamil Nadu). The majority stake in the company is held by the promoters, with TIDCO having 28 per cent of the shares and Tata Group companies owning 25 percent of the shares. Public holding in the company is around 28 per cent. The rest of the stake is held by foreign institutions, non-resident Indians, mutual funds and other institutions.
CORE PRODUCTS
Tanishq: Jewelry
TITAN: Watches
Sonata
Dash!
Fastrack
Steel
Edge
Raga
Nebula
XYLYS
PROMOTION Advertising media: Television Print Internet Titan brand ambassador: Titan Brand: Aamir Khan Sonata: Mahendra Singh Dhoni Raga: Gul Panag, Rani Mukherjee Xylys: Rahul Bose Titan tagline: Be more Fast track tagline: How many you have?
Promotion On Occasions
Weaknesses Pricing of high end products Globalization Threat from new entrant
Opportunities Seasonality Gifting concept Exchanging offer D. Threats Competitors
Market Positioning
BRAND FAST TRACK EXCTA SPECTRA ROYAL PURCHASING POWER (PRICE) RS. 550-1,430 595-1,430 650-1,830 960-2,830 CATEGORY YOUTH LOWER MIDDLE CLASS (Office wear) COMMON CLASS
TITAN
SONATA RAGA BANDHAN
2000-4000
350-900 1,420-4,000 1,675-8,085
UPPER
GENDER DISTRIBUTION
Gender
No of respondents
29 21
% of sample
58% 42%
Male Female
AGE DISTRIBUTION
No of respondents 18 28 4
OCCUPATION
Housewife, 3, 6%
Self Employed, 3, 6%
Businessman, 8, 16%
INCOME DISTRIBUTION
Income Group less than 100,000 100,001 300,000 300,001 500,000 500,001 and above
No of respondents 1 10
% of sample 2% 20%
28
11
56%
22%
Awareness Yes No
No of respondents 50 0
% of sample 100% 0%
Inference- This can be clearly concluded that Titan has got an extra ordinary awareness level.
4.Which of the following attributes you consider while purchasing the watches? RATING ATTRIBUTE S Durability 1(least important) 1(2%) 2 3 4 5 (most important) 31(61%)
1(2%)
8(16%)
9(18%)
Style
After sale service Brand Image Price
2(4%)
1(2%)
3(6%)
2(4%)
0
23(46%)
11(22%)
16(32%)
34(64%)
8(16%)
2(4%) 4(8%)
1(2%) 5(10%)
7(14%) 13(26%)
11(22%) 10(20%)
29(58%) 18(36%)
Inference- Durability and style are to main attribute which respondents keep in mind while deciding about their purchase.
5. How do you rate Titan in terms of following attributes? RATING ATTRIBUTE S Durability Excellent Very good Good Satisfactory poor
28(56%)
17(34%)
4(8%)
1(%)
Style
After sale service Brand Image Price
13(26%)
7(14%)
18(36%)
14(28%)
19(38%)
25(50%)
0
3(6%)
0
1(2%)
35(70%) 16(32%)
8(16%) 15(30%)
7(14%) 13(26%)
0 6(12%)
0 0
Inference- Titan has got good credits in all attributes except after sale service.
Inference- Still family and friends & colleagues play the most dominating role in decision making process.
Price range in Rs 500 1000 1001 2000 2001 5000 5001 and above
No of respondents 2 19 22 7
% of sample
4%
38% 44% 14%
Recommendati on Yes No
No of respondents 50 0
% of sample 100% 0%
11. Are you satisfied with the Titan watch you possess?
Satisfied Yes No
No of respondents 49 1
% of sample 98% 2%
Inference- Almost respondents are satisfied with Titan product they are using
Brand Citizen
Casio, 5, 15%
No of respondent 8 5 15
Casio Timex
Others
18%
Inference- Timex can be considered as second most preferable brand after Titan.