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Case Title:
Titan Industries – Getting the Marketing Mix Right
Publication Month and Year : July 2009
Authors: D Gayatri, T Phani Madhav
Industry: Watch
Region:India
Case Code: MM0002
Teaching Note: Available
Structured Assignment: Available
Abstract:
Titan Industries Ltd., TATA Group's watch making division brought about a revolution in the Indian watch industry. Its sophisticated technology, high quality products and innovative marketing made it a market leader. The market endorsement for its undisputed leadership is manifested in its market share, brand awareness, and more importantly its success abroad.
Pedagogical Objective:
- To discuss how Titan managed its marketing mix elements to attain the leadership position in the Indian watch industry.
Keywords : Target market selection, Differentiation; Segmentation; Innovative Marketing; Indian watch industry; Organized retailing in India; Titan advertising; Product and pricing; Distribution; Product line; Sub brands; Market segmentation; Marketing Strategies Case Study; TATA Group; Hindustan Machine Tools (HMT); Time Zone; World of Titan; Titan into retailing, Marketing Management; Marketing Mix; Market Segmentation; Product Life Cycle; New Product Development; Consumer Behavior; Marketing Case Studies; MBA; Marketing Course for MBA Marketing Course Case Map; Course Case Map; Case Map
Contents:
- The Indian Watch Industry
- Products for Changing Needs
- Reaching Out Customer
- The World of Titan – Titan into Retailing
- Advertising and Promotion
- Challenges
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