SlideShare a Scribd company logo
April 11, 1970
Chaux-de-Fond
2012 London
Differentiation Strategy
Co-Axial Escapement
Helium Escape Valve
Apollo 11
Competitors
1917: First Watch for
Sight-Impaired
Positioning Map
Social Responsibilities
Planet Ocean
Legacy
First water
resistant
watch
Used in
deepest
freedive
ORBIS
Eyesight clinic
Print Advertisements
Brand Experience
Target Segment
Target Segment
Timeless Integrity
1. Continuing the pioneering and
scientific role
2. Exclusive watch maker
3. Increase awareness and
exposure
Thank you
The following will not
be in the
presentation
Logo
Watch Line
Seamaster Constellation Speedmaster DeVille
Extra Sensories
Brand Personification
Ocean
With Yann Arthus-Bertrand
“To the elite, brand Omega
Watches is the luxury
timepiece that provides
superior precision and utility
by using technological
innovations.”
YouTube
Social Media Presence
Official Website Analysis
Omega Brand Presentation
Omega Brand Presentation
Omega Brand Presentation
Omega Brand Presentation

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Omega Brand Presentation

Editor's Notes

  1. Image: http://www.watchalyzer.com/wp-content/gallery/omega-seamaster-aqua-terra-chronometer-watch/omega-seamaster-aqua-terra-watch.jpg
  2. Ambassador: Greg Norman, “The Great White Shark”Won 2 major the OPEN championship in 1986 and 1993Rank the number one golfer from 1980 - 1999 Image: http://www.watches-of-switzerland.co.uk/wp/wp-content/uploads/2012/08/Omega-Greg-Norman-HEAD-Copy.jpg
  3. Ambassador, Nicole KidmanAustralian American ActressNominated for 3 Academy Award, Won 1 Academy Award for Best ActressImage: http://sassisamblog.com/wp-content/uploads/2010/11/Nicole_Kidman_Omega_Ladymatic_01.jpg
  4. Ambassador, George ClooneyAmerican Actor, Film Director, Producer and Screen WriterWon 3 Gold Globes and 1 Academy Award for Best Support ActorImage: http://media.photobucket.com/image/recent/steph8664/OMEGA-George-Clooney.jpg
  5. Ambassador, James BondBritish Secret Agent, code name 007Fictional Character created in 1953 by Ian FlemingImage: http://www.watchstudios.com/wp-content/uploads/2011/11/omega-seamaster-planet-ocean-james-bond.jpg
  6. Ambassador, Dr. Edwin Eugene “Buzz” Aldrin JuniorAmerican AstronautThe second man set foot moonOn Gemini 12, and Apollo 11Image: http://www.chronomaddox.com/moonmovement.html
  7. On April 11 1970 the crew of Apollo 13 launched from the Kennedy space station. The three men inside were meant to complete the worlds third lunar landing - But they never made it to the moon. 56 hours after launch, a small explosion crippled the space shuttle and almost cost all three astronauts their lives. Source: See next Slide
  8. For those of you that have seen the movie Apollo 13, you know that the astronauts did make it back to Earth, but let me remind you about an important piece of this story......Floating in space, without electrical instruments, the Apollo 13 crew used one of the lunar modules rockets to propel themselves towards Earth. The duration of this rocket burn determined the angle of their re-entry. this angle was crucial - too steep and the capsule would burn up - BUT if the angle was too shallow, the capsule would skip off the earth's atmosphere. The lives of James Lovell, John Swigert and Fred Haise depended on the precise timing of this rocket burn - without the use of electronic instruments- the astronauts used an Omega Speedmaster wristwatch and sucefully returned home.Source: Smithsonian Online archive, Sep. 2012, http://airandspace.si.edu/collections/imagery/apollo/as13/a13sum.htm
  9. Its stories like Apollo 13 and Omega's participation in other fascinating moments in history that give this brand tremendous context, identity, depth and most importantly integrity. it the integrity of this brand that we would like to talk about with you today. Source: Smithsonian Online archive, Sep. 2012, http://airandspace.si.edu/collections/imagery/apollo/as13/a13sum.htm
  10. For sources see slide 12
  11. For Source, See slide 12
  12. Image:http://www.omegawatches.com/spirit/history/timeline
  13. Started in 1848 by Louis Brandt. Omega watches were first built in Brandts workshop in Chaux-de-Fond Switzerland. Brandt was only 23 when he started assembling watches. Image:http://www.watchalyzer.com/wp-content/gallery/omega-seamaster-aqua-terra-chronometer-watch/omega-seamaster-aqua-terra-watch.jpg
  14. a lot has changed since Omega's conception and the brand continues to represent the same themes. (Pioneering spirit and Innovation)Image : http://article.wn.com/view/2012/08/12/IOC_chief_Jacques_Rogge_declares_London_Games_a_huge_success/
  15. · For a product like Omega to differentiate itself it has to go beyond just offering luxury and exclusivity· According to Rohit Arora, initially a consumer buys a luxury product for self-assertion and prove they have the means· However, after this the consumer wants to distinguish themselves from other people in the luxury market· So luxury products have to find some factor beyond exclusivity to differentiate themselves from other luxury productsSource for above points: Rohit Arora, December 2011. The 8Ps of Luxury Brand Marketing, published in Bates Pan Gulf, December 2011 issue.Image:http://www.omegawatches.com/ladies/seamaster
  16. · Omega distinguishes itself through its technology· Co-axial Escapement emphasized in many of Omega’s advertisements· Technology increases precision by reducing friction· Whether or not it works is beside the point· Major part of their communication with consumers· Images like the one on slide showing the technology, mechanisms and intricacy used in many of their adsImage: http://www.omegawatches.com/spirit/watchmaking/co-axial/technologySource: Holbrook, J. B., 2009. Who Makes a Better Movement - Rolex or Omega? Available at: http://www.luxurytyme.com/movement/index.html
  17. · To see how much they emphasize technology, consider this campaign with Dr. Buzz Aldrin· Dr. Buzz Aldrin has a Bachelor of Science degree from Military Academy at West Point· Has Doctorate of Science in Astronautics from MIT· And here you have him saying that Omega’s technology is almost rocket science· From the mouth of a “rocket scientist”· Shows how much technology is part of their positioning: they have the most advanced precision devices on the marketImage: http://www.omegawatches.com/uploads/pics/MO_BUZZ01_X147_GB.jpgSource for above points: National Aeronautics and Space Administration, January 1996. Biographical Data. Available from:http://www.jsc.nasa.gov/Bios/htmlbios/aldrin-b.html
  18. · Buzz Aldrin, with Neil Armstrong, one of first on the moon· Story: The lunar modules onboard timer had malfunctioned· Neil Armstrong left his Omega watch in the module as the replacement· So first watch on the moon: Omega Speedmaster· Omega Speedmaster still worn by astronauts on shuttle missions today· Funny story that NASA couldn’t design a clock which survived, so they had to use a Omega wrist watch· Emphasizes durability and robustness of the watch· See ad on slide· Their product is functional, a product of utilityImage: http://www.theadmag.co/sites/default/files/omega%20moon%20watch_0.jpgSource for above points: National Aeronautics and Space Administration, 2004. Omega Speedmaster Professional Chronographs. Available at:http://www.hq.nasa.gov/alsj/omega.html
  19. Brand integrity is the portion of the brand identity that is supported by action and not just empty glamour. Rolex sponsors the Deep Sea challenge 1960 & 2012, sporting events such as Wimbledon, and their own mentor and protégé art programs.IWC sponsors the Charles Darwin Foundation, Laureus Sports for Good Foundation.Although these 2 brands are the major competitor of Omega they have yet to demonstrate their commitment beyond coming up with limited edition watches to fundraise for these foundations.Omega has gone 1 step above than these 2 brands to create a watch because it will benefit a certain group of people and make their lives better. Image:Company logos are taken of google image searchRolex Logo: http://upload.wikimedia.org/wikipedia/en/thumb/9/95/Rolex_logo.svg/612px-Rolex_logo.svg.pngIWC Logo: http://upload.wikimedia.org/wikipedia/en/thumb/f/ff/IWC_logo.svg/596px-IWC_logo.svg.pngTAG Logo: http://upload.wikimedia.org/wikipedia/en/0/04/TAG_Heuer.pngPanerai Logo: http://upload.wikimedia.org/wikipedia/en/0/0d/Officine_Panerai_-_Firenze_OP_logo.jpg
  20. Omega Website - It has a simple user interface and is easy to navigate.Omega have a good social media presence as well.They have popular and active pages on twitter and facebook.They have their own YouTube channel as well.Omega also have a app for iPhone and Android phone. This contains a catalogue.Image snapshot from www.omegawatches.com
  21. Looking back at all the historic print advertisement for Omega Watches, its hard not be impressed by them.Image: http://www.watchalyzer.com/omega-watches/specialities-collection/omega-seamaster-aqua-terra-co-axial-london-2012-34mm-ladies-watches/
  22. This print-ad is from the 1932 Olympics when Omega became official timekeepers for the Olympics.Image:https://www.facebook.com/photo.php?fbid=10151073521272211&set=pb.90884717210.-2207520000.1349049860&type=1&theater
  23. They all have a consistent brand message highlighting quality, precision and traditionImage: http://www.omegawatches.com/spirit/hall-of-fame/advertisement
  24. Movie clip from James Bond - Casino RoyaleInteresting to note how in the video Omega concedes that Rolex is regarded as “status symbol” but they can hold their own.Note: This video may not be regarded as brand created work but this is a clear case of product placement by Omega’s marketing and communication team.
  25. While you search for your Omega you will treated to coffee, tea, champagne, and dessert. The packing the watch comes in carries on the luxurious service.Image: http://www.omegawatches.com/fileadmin/images/uploads/cache/500x500/20101109_Inside_Zurich_Boutique.jpg
  26. To quote Kennedy “ We Chose to go to the Moon” [pause] and they choose OmegaImage:http://www.omegawatches.com/uploads/pics/20090423_JFK1_high.jpg
  27. Since most watch companies have more than 1 product line, we choose the most popular watch from each company. Omega: Seamaster, Rolex: Submariner, IWC: Big Pilot, Panerai: PAM 111, and TAG: Monaco. All of the watches have been around for a long time and they are all in the maturity stage and not in the declining stage because the watches are consider classics therefore the sales are not declining. What the watch companies do to maintain the product line from discontinuing is to make minor upgrades or updates every year and release limited editions every 5-10 years.
  28. · James Bond personification of the brand· Good-looking, glamorous, classy· At the same time durable, robust, survive extreme circumstances, action· A luxury product made for sport· Makes sponsorship very appropriateImage from http://jamesbondwatchesblog.com/category/james-bond-stories/skyfall/
  29. Positioning Statement
  30. Image snapshot from omega’s official channel www.youtube.comThey have a channel of their own on youtube - http://www.youtube.com/user/omega?feature=results_main1709 subscribersSeveral well segregated playlists which include the following Omega Social ResponsibilityOmega WatchesOmega Art of WatchmakingOmega Sporting spiritLondon 2012Planet Ocean filmOmega TV CommercialOmega AmbassadorsOmega Spirit and History Omega LadymaticBaselworld
  31. Omega on Facebook - https://www.facebook.com/omegaThey have a very well structured page which does a very good job of narrating the brand message.196,000+ likes6100 are talking about this pageOmega on Twitter - https://twitter.com/omegawatches11000 followers and 696 tweetsLets compare Omega’s social presence its biggest competitor RolexRolex on Facebook - https://www.facebook.com/pages/ROLEX/134881406033375,000+ likes51,000 are talking about itRolex on Twitter - https://twitter.com/RolexRestricted access ( A person can’t tell how many followers Rolex has until the person starts following them)Omega has museum dedicated to the history of the brand. This museum is located Bienne in Switzerland.This museum has a site of its own - http://www.omegamuseum.comWe can say that this site is a blog, which depicts amazing stories the brand has to tell
  32. Analytics from http://siteanalytics.compete.com/omegawatches.com/www.omegawatches.com was started on February 4th, 1997Average Unique visitor in the time period Sep-2011 to Jul-2012 = 45000It peaked during the July 2012 because of the London Olympics