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LL est Time comes to you…
DEMOGRAPHIC SEGMENT
AGE Present Focus: Youth and Higher Income Class Presently youth forms 65% of population
Future Focus: KIDS          CORPORATE             TECH                                             FREAKS
AFFLUENCE In future Middle class will grow by 10%.
GEOGRAPHIC DISTRIBUTION
SOCIOCULTURE
WOMEN WORKFORCE Literacy Rate of women in India is 54.5%. The no. of working women is increasing. Increased purchasing power . Potential market.
Traditionally – used only for watching time. Modern – used as a style statement, as accessories also. TRADITION v/s MODERN
ECONOMIC SEGMENT
employment Setup Manufacturing plants in remote areas to provide employment. It will create the VICIOUS CIRCLE.
INCREASING GDP The GDP of India is increasing ( Presently it is 7.9%) Purchasing power has increased drastically. Huge potential market for our product.
TECHNOLOGY
TECHNOLOGY SMS TECHNOLOGY HI-TECH HEART MONITOR WATCHES
FEATURES REMINDERS MP3 PLAYER AND FM CAMERA IP VERSION 06
GLOBAL SEGMENT
GOING GLOBAL Blend of traditional INDIAN STYLE with the MODERN TRENDS. Increase of watch market in future
Industry analysisOF LLEST
Porter’s 5 force model Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Threat of Substitute products and services
Present competitors in the market Titan Rado Rolex Omega Citizen Espirit
Market share of our competitors
THREATS Any slight reduction in the prices. New and innovative products of competitors Attractive advertisements These factors can help the competitors to attract our customers
SUPPLIERS
Number of suppliers in the market for the raw material is large They can’t exert power to raise the prices of the raw material as we can easily shift to other suppliers.
buyers LLEST YUVA: Higher bargaining power.                       They have many options. SO YOUTH CAN EASILY SHIFT TO OTHER BRANDS LLEST STYLE: Elites are particular about                 their choice.                         They are brand conscious SO THEY DON’T EASILY SHIFT TO OTHER BRANDS
SUBSTITUTES………. MOBILE PHONES (FEATURES)      MP3 PLAYERS     CAMERA     LOOKS GOOD     INTERNET APP.
BUT WATCHES MAKE A FASHION  STATEMENT AND EASY TO CARRY. SO IT HAS A NEUTRAL EFFECT ON OUR SALES
Threats from new entrants No government regulations.  Easy for any new company to enter Differentiation can be done through Branding, style, fashion, variety.    Easy for any new company to enter High capital requirement.  The only factor which can restrict the new entrant in the market.
ACCORDING TO THESE FACTORS,    ANY NEW COMPANY CAN EASILY ENTER THE MARKET AND CAN AFFECT THE PROFITABILITY OF OUR COMPANY.
SUMMARY
Growing Indian watch market offers opportunities

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Growing Indian watch market offers opportunities