TITANTITAN LAO,KHUSIYAN PAO
• Titan is the largest watch company in India and the 6th largest
in the world.
• Titan manufactures over 90 million watches across 40 countries
and cumulative.
• Titan Industries was established in 1987 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).
INTRODUCTION
TITAN WATCH DIVISION
• TITAN WATCH DIVISION WAS STARTED IN 1987.AT LAUNCH IT
WAS THE 3rd
WATCH COMPANY IN INDIA AFTER HMT AND
ALLWYN
• TITAN FORMED A JOINT VENTURE WITH TIMEX,WHICH LASTED
UNTIL 1998,AND SET UP A DISTRIBUTION NETWORK ACROSS
INDIA
• AS OF 2010,TITAN WATCHES ACCOUNT FOR A 60% SHARE OF THE
TOTAL INDIAN MARKET AND ARE SOLD IN ABOUT 40 COUNTRIES
• TITAN INDUSTRIES HAS CLAIMED TO HAVE
MANUFACTURED THE WORLD’S SLIMMEST WRIST
WATCH BRANDED AS TITAN EDGE
• PRODUCED INDIGENOUSLY AFTER 4YRS OF RESEARCH
AND DEVELOPMENT.
• APART FROM THE TITAN EDGE,TITAN ALSO OFFERS
STEEL,NEBULA,RAGA,FASTRACK,SONATA,BANDHAN,OCT
ANE
THE AAMIR EFFECT
• THE COMPANY WAS APPREHENSIVE THAT THE ACTOR MIGHT
DOMINATE THE BRAND.
• THE COMPANY THOUGHT THE ACTOR PERSONALITY WITH SUIT
THE BRAND
• THE ALSO THOUGHT THAT IT WILL BE A GREAT MEDIUM TO
PROMOTE THEIR BRAND
• TITAN ALSO USED AAMIR IN THE PRINT AND DISPLAY MEDIA
• THEY ALSO USED AAMIR KHAN BECAUSE THEY PROMOTE
THERE BRAND WITH THE FILMS OF AAMIR KHAN
TITAN: Watches
Titan Eye+: Eye Wear Tanishq: Jewelry
Precision Engineering Division
CORE
PRODUCTS
Sonata Dash! Fastrack
Steel Edge Raga
Nebula XYLYS
DASH
•SPECIALLY MEANT FOR CHILDRENS
•TO MAKE IT AS A FASHION FOR
CHILDRENS
•THE COMPANY TRIED TO TAP THE
CHILDREN’S
• WATCH MARKET,WHICH WAS AN
UNPENEGRATED
• SEGMENT,AND BELIEVED TO BE AS
LARGE SEGMENT
STEEL
•TITAN STEEL HAD A COLLECTION RANGE OF BRACELETS AND LEATHER STRAP
WATCHES BOTH FOR MEN AND WOMEN.
•WATCHES WERE POSITIONED TO SUIT ALL TASTES AND BUDGETS,BOTH
URBAND AND RURAL PEOPLE.SPECIALLY MEANT FOR AGE GRP 25-35
EDGE
•THE WORLDS SLIMMEST WATCH.THICKNESS OF JUST 3.5MM AND WAFER
THIN MOVEMENT OF 1.15MM
•THE BRAND IS TARGETING CORPORATE WORLD,BUSINESS EXECUTIVES AND
PROFESSIONALS
FLIP
•THE WATCH WITH DUAL FUNCTIONALITY
•ALSO HAVE AN AGS SYSTEM[AUTOMIC GENERATING SYSTEM]
•IT HELP THE CUSTOMERS TO SWITCH BETWEEN
INTERNATIONAL TIME ZONES AND ALTERNATIVE LIFESTYLE
SONATA
PANCH KE BARABAR
•SONATA,AS A BRAND,REFLECTS YOUNG INDIA’S MINDSET, -
OF STRONG ASPIRATIONS COUPLED WITH A SENSE OF URGENCY AND
IMPATIENCE TO MAKE THINGS
HAPPEN.
FASTRACK
• POPULAR BRAND AMONG YOUTH.FOCUSED ON FASHION OF YOUTH
• IT COMES IN A VARIETY OF STYLES,SHAPES AND COLOURS.NEW MODELS
ARE LAUNCED EVERY YEAR
RAGA
• SUBSIDIARY BRAND RAGA TARGETS UPWARDLY MOBILE LADIES
• IN THE PREMIUM SEGEMNT
• EPITOME OF FEMININE GRACE.
• IT IS A RANEG OF EXQUISITE WATCHED THAT HAVE THE PERFECT MIX OD
SENSUILATY AND ELEGANCE
NEBULA
• A COLLECTION OF INTRICATELY CARVED DESIGNS FOR
WOMEN.
• PERFECT TO COMPLEMENT A TRADITIONAL AND CONTEMPORY
OUTFIT.
Advertising media:
• Television
• Print
• Internet
Titan brand ambassador:
• Titan Brand: Aamir Khan
• Sonata: Mahendra Singh Dhoni
• Raga: Gul Panag, Rani Mukherjee
• Titan tagline: Titan lao,Khusiyan Pao
Public relation
• Gift concept
• Promotion On Occasions
Sales promotion
• Sponsorship
• Seasonality
• Promotion through Contests
PROMOTIO
NS
Strength
• Style
• Models
• Exclusive products
• Other than these there have few more strength like-
• Contribution of owned brands and retail. The profit is accounted by being in the retail space which
is booming.
• Watches are available with popular functions like dates, multifunction and chronographic.
• Guarantee/warranty
Weaknesses
• Pricing of high end products
• Globalization – Threat from new entrant
Opportunities
• Seasonality
• Gifting concept
• Exchanging offer
. Threats
• Competitors
SWOT
ANALYSIS
Purchasing power of consumers
BRAND PURCHASING POWER (PRICE) RS. CATEGORY
FAST TRACK 1495/- And Above YOUTH
DASH 250-395/- CHILDRENS
FLIP 5495-6500/- UPPER- MIDDLE CLASS
TITAN 500-3295/-
LOWER MIDDLE CLASS & UPPER
CLASS
SONATA 300-1050/-
LOWER MIDDLE CLASS - UPPER MIDDLE
CLASS
RAGA 1800-4000/- UPPER CLASS
EDGE 4495/- BUSINESS CLASS
NEBULA
STEEL
8000-70000/-
1250-6000/-
UPPER CLASS
ALL CLASSES
MARKET
POSITIONING
PRICING
TITAN PRICES ACCORDING TO THE FEATURES AND VALUE
DELIVERED.THEY GET THE MAXIMUM SHARE FROM
SONATA.SINCE THERE IS NO ONE OFFERING PURE GOLD
WATCHES AND JEWELLERY WATCHES SO IT IS ABLE TO SKIM
THE MARKET WITH THEIR DISTINCT PRODUCTS.TITAN COMES
EVERY YEAR WITH A PRICE DISCOUNT SALE ON WATCHES
PRICING OBJECTIVES
1.SURVIVAL
2.MARKET SHARE
3.MARKET SKIMMING
4.PRODUCT QUALITY
PRICING METHOD
MARKUP PRICING
PRODUCT LINE PRICING
PROMOTIONAL PRICING
PRICING POLICY & STRATEGY
THREE MAJOR SEGMENTS
LOWER SEGMENT
1000 PLUS SEGMENT
SALES PROMOTION ACROSS THE YEAR
TARGET BEST ADVERTISING SPACE
Titan Brand Sonata Raga Xylys Fastrack
Katrina Kaif Rahul Bose Virat KohliAamir Khan M.S.Dhoni
10000
DEALERS
226
SHOWROOMS
117
MULTI-
BRAND
STORES
751
CENTRES
All IndiaAll India
World of TitanWorld of Titan
TIME ZONESTIME ZONES
Service CenterService Center
2300
TOWNS
113
TOWNS
73
TOWNS
348
TOWNS
WORLD OF TITAN SHOWROOMS
SALES HISTORY
*Rs in Lacs. Net sales include watches, jewellery and others segments
Sr. no. Year Net profit Net Sales* Growth %
1 2004 10.27 804.53 -
2 2005 24.95 1136.6 29.22%
3 2006 73.62 1483.15 23.37%
4 2007 94.13 2138.44 30.64%
5 2008 150.27 3042.72 29.72%
6 2010 291.65 4703.12 35.30%
7 2011 322.26 6570.86 28.42%
CONCLUSION
• TITAN IS A SUCESSFUL,WORLD
CLASS,INNOVATIVE AND PROGRESSIVE
ORGANISATION AND TO BILUD INDIA’S MOST
DESIRABLE BRAND
• TITAN COMPANY HAS ALSO MADE ITS FORAY
INTO NEW SIMILAR BUSINESS SEGMENTS LIKE
SPECTACLE FRAMES,SUNGLASSES,POWERED
LENSES,JEWELLERY,PURSAES,BELTS AND BAGS
THANK YOU

TITAN PPT

  • 1.
  • 2.
    • Titan isthe largest watch company in India and the 6th largest in the world. • Titan manufactures over 90 million watches across 40 countries and cumulative. • Titan Industries was established in 1987 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). INTRODUCTION
  • 3.
    TITAN WATCH DIVISION •TITAN WATCH DIVISION WAS STARTED IN 1987.AT LAUNCH IT WAS THE 3rd WATCH COMPANY IN INDIA AFTER HMT AND ALLWYN • TITAN FORMED A JOINT VENTURE WITH TIMEX,WHICH LASTED UNTIL 1998,AND SET UP A DISTRIBUTION NETWORK ACROSS INDIA • AS OF 2010,TITAN WATCHES ACCOUNT FOR A 60% SHARE OF THE TOTAL INDIAN MARKET AND ARE SOLD IN ABOUT 40 COUNTRIES
  • 4.
    • TITAN INDUSTRIESHAS CLAIMED TO HAVE MANUFACTURED THE WORLD’S SLIMMEST WRIST WATCH BRANDED AS TITAN EDGE • PRODUCED INDIGENOUSLY AFTER 4YRS OF RESEARCH AND DEVELOPMENT. • APART FROM THE TITAN EDGE,TITAN ALSO OFFERS STEEL,NEBULA,RAGA,FASTRACK,SONATA,BANDHAN,OCT ANE
  • 5.
    THE AAMIR EFFECT •THE COMPANY WAS APPREHENSIVE THAT THE ACTOR MIGHT DOMINATE THE BRAND. • THE COMPANY THOUGHT THE ACTOR PERSONALITY WITH SUIT THE BRAND • THE ALSO THOUGHT THAT IT WILL BE A GREAT MEDIUM TO PROMOTE THEIR BRAND • TITAN ALSO USED AAMIR IN THE PRINT AND DISPLAY MEDIA • THEY ALSO USED AAMIR KHAN BECAUSE THEY PROMOTE THERE BRAND WITH THE FILMS OF AAMIR KHAN
  • 6.
    TITAN: Watches Titan Eye+:Eye Wear Tanishq: Jewelry Precision Engineering Division CORE PRODUCTS
  • 8.
    Sonata Dash! Fastrack SteelEdge Raga Nebula XYLYS
  • 9.
    DASH •SPECIALLY MEANT FORCHILDRENS •TO MAKE IT AS A FASHION FOR CHILDRENS •THE COMPANY TRIED TO TAP THE CHILDREN’S • WATCH MARKET,WHICH WAS AN UNPENEGRATED • SEGMENT,AND BELIEVED TO BE AS LARGE SEGMENT
  • 10.
    STEEL •TITAN STEEL HADA COLLECTION RANGE OF BRACELETS AND LEATHER STRAP WATCHES BOTH FOR MEN AND WOMEN. •WATCHES WERE POSITIONED TO SUIT ALL TASTES AND BUDGETS,BOTH URBAND AND RURAL PEOPLE.SPECIALLY MEANT FOR AGE GRP 25-35
  • 11.
    EDGE •THE WORLDS SLIMMESTWATCH.THICKNESS OF JUST 3.5MM AND WAFER THIN MOVEMENT OF 1.15MM •THE BRAND IS TARGETING CORPORATE WORLD,BUSINESS EXECUTIVES AND PROFESSIONALS
  • 12.
    FLIP •THE WATCH WITHDUAL FUNCTIONALITY •ALSO HAVE AN AGS SYSTEM[AUTOMIC GENERATING SYSTEM] •IT HELP THE CUSTOMERS TO SWITCH BETWEEN INTERNATIONAL TIME ZONES AND ALTERNATIVE LIFESTYLE
  • 13.
    SONATA PANCH KE BARABAR •SONATA,ASA BRAND,REFLECTS YOUNG INDIA’S MINDSET, - OF STRONG ASPIRATIONS COUPLED WITH A SENSE OF URGENCY AND IMPATIENCE TO MAKE THINGS HAPPEN.
  • 14.
    FASTRACK • POPULAR BRANDAMONG YOUTH.FOCUSED ON FASHION OF YOUTH • IT COMES IN A VARIETY OF STYLES,SHAPES AND COLOURS.NEW MODELS ARE LAUNCED EVERY YEAR
  • 15.
    RAGA • SUBSIDIARY BRANDRAGA TARGETS UPWARDLY MOBILE LADIES • IN THE PREMIUM SEGEMNT • EPITOME OF FEMININE GRACE. • IT IS A RANEG OF EXQUISITE WATCHED THAT HAVE THE PERFECT MIX OD SENSUILATY AND ELEGANCE
  • 16.
    NEBULA • A COLLECTIONOF INTRICATELY CARVED DESIGNS FOR WOMEN. • PERFECT TO COMPLEMENT A TRADITIONAL AND CONTEMPORY OUTFIT.
  • 17.
    Advertising media: • Television •Print • Internet Titan brand ambassador: • Titan Brand: Aamir Khan • Sonata: Mahendra Singh Dhoni • Raga: Gul Panag, Rani Mukherjee • Titan tagline: Titan lao,Khusiyan Pao Public relation • Gift concept • Promotion On Occasions Sales promotion • Sponsorship • Seasonality • Promotion through Contests PROMOTIO NS
  • 18.
    Strength • Style • Models •Exclusive products • Other than these there have few more strength like- • Contribution of owned brands and retail. The profit is accounted by being in the retail space which is booming. • Watches are available with popular functions like dates, multifunction and chronographic. • Guarantee/warranty Weaknesses • Pricing of high end products • Globalization – Threat from new entrant Opportunities • Seasonality • Gifting concept • Exchanging offer . Threats • Competitors SWOT ANALYSIS
  • 19.
    Purchasing power ofconsumers BRAND PURCHASING POWER (PRICE) RS. CATEGORY FAST TRACK 1495/- And Above YOUTH DASH 250-395/- CHILDRENS FLIP 5495-6500/- UPPER- MIDDLE CLASS TITAN 500-3295/- LOWER MIDDLE CLASS & UPPER CLASS SONATA 300-1050/- LOWER MIDDLE CLASS - UPPER MIDDLE CLASS RAGA 1800-4000/- UPPER CLASS EDGE 4495/- BUSINESS CLASS NEBULA STEEL 8000-70000/- 1250-6000/- UPPER CLASS ALL CLASSES MARKET POSITIONING
  • 20.
    PRICING TITAN PRICES ACCORDINGTO THE FEATURES AND VALUE DELIVERED.THEY GET THE MAXIMUM SHARE FROM SONATA.SINCE THERE IS NO ONE OFFERING PURE GOLD WATCHES AND JEWELLERY WATCHES SO IT IS ABLE TO SKIM THE MARKET WITH THEIR DISTINCT PRODUCTS.TITAN COMES EVERY YEAR WITH A PRICE DISCOUNT SALE ON WATCHES PRICING OBJECTIVES 1.SURVIVAL 2.MARKET SHARE 3.MARKET SKIMMING 4.PRODUCT QUALITY
  • 21.
    PRICING METHOD MARKUP PRICING PRODUCTLINE PRICING PROMOTIONAL PRICING PRICING POLICY & STRATEGY THREE MAJOR SEGMENTS LOWER SEGMENT 1000 PLUS SEGMENT SALES PROMOTION ACROSS THE YEAR TARGET BEST ADVERTISING SPACE
  • 22.
    Titan Brand SonataRaga Xylys Fastrack Katrina Kaif Rahul Bose Virat KohliAamir Khan M.S.Dhoni
  • 23.
    10000 DEALERS 226 SHOWROOMS 117 MULTI- BRAND STORES 751 CENTRES All IndiaAll India Worldof TitanWorld of Titan TIME ZONESTIME ZONES Service CenterService Center 2300 TOWNS 113 TOWNS 73 TOWNS 348 TOWNS WORLD OF TITAN SHOWROOMS
  • 24.
    SALES HISTORY *Rs inLacs. Net sales include watches, jewellery and others segments Sr. no. Year Net profit Net Sales* Growth % 1 2004 10.27 804.53 - 2 2005 24.95 1136.6 29.22% 3 2006 73.62 1483.15 23.37% 4 2007 94.13 2138.44 30.64% 5 2008 150.27 3042.72 29.72% 6 2010 291.65 4703.12 35.30% 7 2011 322.26 6570.86 28.42%
  • 25.
    CONCLUSION • TITAN ISA SUCESSFUL,WORLD CLASS,INNOVATIVE AND PROGRESSIVE ORGANISATION AND TO BILUD INDIA’S MOST DESIRABLE BRAND • TITAN COMPANY HAS ALSO MADE ITS FORAY INTO NEW SIMILAR BUSINESS SEGMENTS LIKE SPECTACLE FRAMES,SUNGLASSES,POWERED LENSES,JEWELLERY,PURSAES,BELTS AND BAGS
  • 26.