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XYLYS: Exploring Consumer Perception About Premium Watches in Indian Context

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XYLYS: Exploring Consumer

Perception about premium watches in


Indian Context
Group 6 Section B
Submitted by:-
Akshay Tyagi MBA/05/054
Ayush Khatri MBA/05/062
Rahul Sehgal MBA/05/084
Seewant Kushal MBA/05/092
Shubham Shrivastava MBA/05/093
Palash Pansey MBA/05/130
Shashi Kant Singh MBA/05/142
5C Analysis
Company
• Moved from “Symbol of
Success” to “Feeling of Love”
• Reflected the attitude,
lifestyle and personality of
Customers new generation customer
• Luxury premium watch buyers Competition
• Lower spectrum of Luxury
• Swatch
Segment • Casio
• Seiko
Collaborators • Tag Heuer
• Laurent Rufenacht • Tissot
• Rahul Bose • Citizen
• Saira Mohan Context
• Carlos Moya • Customer Purchasing
Power is increasing
• Prestige, Sophistication
Symbol
Decision Problem

Invest in sports
collection

Increase Product
Catalogue

Most Appropriate approach to further the prospects of Xylys brand


Evaluation of alternatives
• Market leader in medium
Strenghts segment
• Swiss Made ”Indian”
products
• Catering to a new target
segment of sports enthusiasts Opportunities

Small product catalogue


Weakness of 60 distinct watches

Competitors like Tissot are official


timekeeper of IBF, AFL, MotoGp etc. Threats
Recommendations

Brand Ambassador
Replace Rahul Bose with a better
known celeb so that people can
associate with him/her.
Invest in Sports collection
Untapped sports collection market
should be explored

Increase product catalogue


Increasing the product catalogue to
attract more customers
Negatives of recommendations

Capital Investments
Cost will be huge
01

This change might sway 02


Brand Image customer preference
Thanks!

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