This sample marketing plan was created with Marketing Plan Pro software. Situation Analysis Contemporary Ti Design is a start-up company operating out of the owner's home.
Strengths a The quality of watches is impressive. The current economic policy imposes huge tax burdens on each players of the economy, thus reducing profit margins. Uncertainty is very high in terms of different government dictating terms and conditions every now and then.
The tax imposed by the government on big industries is forcing them either to shut down or to shift there manufacturing facilities abroad.
The removal of Quantitative Restrictions has seen a flood of international players getting into the Indian market. Titan ensures that products meet or exceed Health, Safety and Environmental requirements.
The technicians from Europe train the Indian employees of the company. The company regularly upgrades its technology. It has ability to plate tiny watches parts with uniform thickness. The plating process is carried out in a closed chamber. The company has taken additional measures to avoid the emission of toxic fumes.
The people who are working are not exposed to the plating chemicals. All these can be confirmed from lots of information. Titan has obtained a high reputation in a short period.
As a watch company, Titan founded a famous jewelry brand successfully. It adopted appropriate marketing strategies which defeated competitors, meanwhile expanded its marketing share on local market.PEST assesses a market, including competitors, from the standpoint of a particular proposition or a business.
PEST becomes more useful and relevant the larger 3/5(2).
PEST analysis PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macroenvironmental factors used in the environmental scanning component of strategic management. PEST analysis PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macroenvironmental factors used in the .
PEST Analysis Porter’s Five Forces Analysis 4. Indian Retail Sector: Business Analysis Indian retail industry has finally begun to move towards modernization, systematization and consolidation. Today, modernization is the catch phrase Westside, Giant and Tanishq are the current torch-bearers of the modern Indian retail sector.
PEST Analysis is a simple and widely used tool that helps you analyze the Political, Economic, Socio-Cultural, and Technological changes in your business environment. This helps you understand the "big picture" forces of change that you're exposed to, and, from this, take advantage of the opportunities that they present.
Situation Analysis Contemporary Ti Design is a start-up company operating out of the owner's home. Marketing will be key to raise visibility and awareness of Contemporary Ti Design and their products.