The average results of mid 2000’s shown different behaviors of different brands. Many brands got out of the situation while many had to dump their product in the market. Consequently, watch brands of the market became a little careful. The market however is improving gradually. It is certain that any brand would not like to…
The major reason for the success of a shop is the customer care. The Independents such as a corner shop or a small setup enjoys this privilege in a better way. The small distribution networks also have the better grip on the marketing and sales. When it comes to the provision of after sales service,…
It has been a habit of our management that we offer various deals on different brands. 7-Star Watches offer a huge discount of 58% on Rado florence. This offer is valid till 31st of March 2019. A different offer had been given a few months ago which had a very positive response from the masses…
The situation that has been unfolded for the larger watchmakers has not gone unnoticed. The smaller watch manufacturers have taken advantage of this situation. In fact, the groups that are working for masses get more impact from the consumers. The change in the market behavior is well understood by the smaller and mid size players.…
If one think that the bigger groups are a model, it is mainly because of there dependence on the investments by the investors. For an investor, timing is always the primary factor. The big groups not only have a control on the production but also have power to handle the ups and downs of the…
During 2000’s, the large watch groups showed their weakness. Their big size in the integrated structure does not mean you can do everything with the power of money. It may be an advantage when the watch business is good but can be harmful in less optimistic time. One of the most clear example is the…
Time has proven that the brand name or value is not eternal. This sentence proven to be right in mid 2000’s. The known brands such as “Gucci” were given a very tough time by the low end and copy watchmakers. The name of the brand was on everyone’s lips before it caught the attention of…
By the passage of time,We can confidently say that the old time of high margins on timepieces is over now. The time has come to the authentic and true values. The higher ratio of profit by the bigger brands has given the way to the smaller houses to make their space in the market. In…
It can be generally concluded from the various observations that a gross change in the behavior of the buyer is taking place. The emerging fashion brands in watches have more focus on sales of pieces rather than a master piece. the watches are sold on a design base rather than its quality. With no doubt, a…
The ups and downs of the mid 2000’s in the watch industry gave a rise in the loss of confidence for the consumer. The consumer is unable to understand the difference between a fake and original watch or a low and a high priced items with a similar look. The loss of consumer’s confidence include…