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A Creative Marketing Strategy for Swatch

Decent Essays

Swatch Watch USA: Creative Marketing Strategy
Swiss Watch has always been known for luxury watches and an icon for elegance, poise and luxury. Then the company decided to create a diversification program for their products wherein they changed the name into Swatch (Swiss and Watch combination) and their aim is to become a fashion enterprise. The company’s new life meant a difficult struggle with Asian competitors. And their new market presents a low priced watch as a fashion accessory. They have implemented the production of electronic watches.
Before, Swatch avoided department stores and they only sell their products in jewelry shops. Their styles were no longer in touch with consumer demands therefore, they lost a huge amount of market …show more content…

Employing concerts and Music Videos as a part of their advertising mediums are very significant and effective in being able to reach the target market and make them feel that the product is a part of their lives and it symbolizes how fun life can be.
Through this case, I can say that Swatch has a very big chance of becoming a total fashion enterprise. Challenges and obstacles may come handy but I’m sure they would be able to fix it because they know what to do to fix it (just like what they did in overcoming the gray market). What I learned from this case is that when you distribute your product and introduce I to the market you have to limit your supplies so that the hunger of your market for your product won’t run out. Always keep your designs up to date and make your consumers look out for the next designs of your product. Make them curious about what your product would look like on the next term.
De Ramos, Jan Alvene
BSBA – Marketing

This case is all about the success story of Swatch in the watch industry. The company had been able to taste success through being able to diversify their products from a line of exclusively expensive watches that only caters to the upper class market to being able to come up with products that would now cater to a large percentage of market, the lower class market.
They were able to successfully compel with the demands of their new market

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