TITAN WATCH COMMERCIALS
Sandeep Kumar Behera
Reg-1406107075
1
Type – Public (Parent TITAN company)
Industry – Luxury accessories market in low income
developing countries like India
Founded – July 1987
Headquarters &
Corporate office
– Bengaluru, Karnataka and Hosur, Tamil Nadu resp.
Area served – Global (60% market share in India)
Key people – Vikram Kapur (Chairman), Bhaskar Bhat (MD)
Products – Watches/accessories, jewellery, Eyewear, frames,
lenses and precision engineering.
Revenue – 2853 crore (FY 2013-14 Q1)
Net income &
Profits
– 439 crore (FY 2013-14 Q1)
Employees – 6,850
Parent – JV Tata Group & TIDCO (Tamil Nadu Industrial
Development Corporation)
Website
- www.titan.co.in
COMPANY PROFILE
2
INTRODUCTION
• Titan is the largest watch company in India and the fifth
largest in the world.
• 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.
 Founder of titan is XERXES DESAI.
 The CEO of titan is BHASKAR BHATT.
3
CORE PRODUCTS
Titan Eye+: Eye Wear Titan Eye+: Eye Wear
TITAN: Watches
Precision Engineering Division
4
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?
Public relation
• Gift concept
• Promotion On Occasions
Sales promotion
• Sponsorship
• Seasonality
• Promotion through Contests 5
Pricing method
 Mark-up pricing
 Product line pricing
 Promotional pricing
Pricing policy & strategy
 Three major segments
 Lower segment
 1000 plus segment
6
SWOT Analysis on titan
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
D. Threats
• Competitors
7
Market Positioning
BRAND PURCHASING POWER (PRICE) RS. CATEGORY
FAST TRACK 550-1,430 YOUTH
EXCTA 595-1,430 LOWER MIDDLE CLASS (Office wear)
SPECTRA 650-1,830 COMMON CLASS
ROYAL 960-2,830 UPPER- MIDDLE CLASS
TITAN 2000-4000
LOWER MIDDLE CLASS & UPPER
CLASS
SONATA 350-900
LOWER MIDDLE CLASS - UPPER MIDDLE
CLASS
RAGA 1,420-4,000 UPPER CLASS
BANDHAN 1,675-8,085 COUPLES
REGALIA 1,725-7770 UPPER MIDDLE CLASS-UPPER CLASS
EDGE 4,500-5,200 BUSINESS CLASS
NUBULA 10,000-45,000 UPPER CLASS
8
TITAN is a successful, world class, innovative
and progressive organization and to build
India’s most desirable brands. TITAN is
successful in creating wealth for all the
stakeholders by building highly successful
businesses based on a customer centric
approach, and has will to contribute to the
society.
9

TITAN WATCHES

  • 1.
    TITAN WATCH COMMERCIALS SandeepKumar Behera Reg-1406107075 1
  • 2.
    Type – Public(Parent TITAN company) Industry – Luxury accessories market in low income developing countries like India Founded – July 1987 Headquarters & Corporate office – Bengaluru, Karnataka and Hosur, Tamil Nadu resp. Area served – Global (60% market share in India) Key people – Vikram Kapur (Chairman), Bhaskar Bhat (MD) Products – Watches/accessories, jewellery, Eyewear, frames, lenses and precision engineering. Revenue – 2853 crore (FY 2013-14 Q1) Net income & Profits – 439 crore (FY 2013-14 Q1) Employees – 6,850 Parent – JV Tata Group & TIDCO (Tamil Nadu Industrial Development Corporation) Website - www.titan.co.in COMPANY PROFILE 2
  • 3.
    INTRODUCTION • Titan isthe largest watch company in India and the fifth largest in the world. • 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.  Founder of titan is XERXES DESAI.  The CEO of titan is BHASKAR BHATT. 3
  • 4.
    CORE PRODUCTS Titan Eye+:Eye Wear Titan Eye+: Eye Wear TITAN: Watches Precision Engineering Division 4
  • 5.
    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? Public relation • Gift concept • Promotion On Occasions Sales promotion • Sponsorship • Seasonality • Promotion through Contests 5
  • 6.
    Pricing method  Mark-uppricing  Product line pricing  Promotional pricing Pricing policy & strategy  Three major segments  Lower segment  1000 plus segment 6
  • 7.
    SWOT Analysis ontitan 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 D. Threats • Competitors 7
  • 8.
    Market Positioning BRAND PURCHASINGPOWER (PRICE) RS. CATEGORY FAST TRACK 550-1,430 YOUTH EXCTA 595-1,430 LOWER MIDDLE CLASS (Office wear) SPECTRA 650-1,830 COMMON CLASS ROYAL 960-2,830 UPPER- MIDDLE CLASS TITAN 2000-4000 LOWER MIDDLE CLASS & UPPER CLASS SONATA 350-900 LOWER MIDDLE CLASS - UPPER MIDDLE CLASS RAGA 1,420-4,000 UPPER CLASS BANDHAN 1,675-8,085 COUPLES REGALIA 1,725-7770 UPPER MIDDLE CLASS-UPPER CLASS EDGE 4,500-5,200 BUSINESS CLASS NUBULA 10,000-45,000 UPPER CLASS 8
  • 9.
    TITAN is asuccessful, world class, innovative and progressive organization and to build India’s most desirable brands. TITAN is successful in creating wealth for all the stakeholders by building highly successful businesses based on a customer centric approach, and has will to contribute to the society. 9