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Marketing

Mix

Cindy Soh Jia Qi

Sim Jia Xuan

Low Zu Er

Samuel Ho

Tay Zhe Ming

Brand Positioning

Advertisement

Target Customers

Brand

Celebrity Endorsement

Collateral & Gifts

SWOT

Analysis

Integrated Marketing Strategy

Video

The End

Table of

Content

01 Background

02 Brand Identity

03 Magic Ingredients

04 SWOT Analysis

05 Target Customers

06 Brand Positioning

07 Marketing Mix

08 Integrated Marketing Strategy

09 Celebrity Endorsement

10 Advertisement

11 Video

12 Brand Collateral & Gifts

13 The End

Table of Content

Brand Background

Homegrown luxury brand.

A promise to deliver elegant timepieces.

Especially crafted and hand designed with passion towards each piece.

Background

Vision

To have a strong establishment in the international market.

The aim is to be recognized globally as a leader in customized luxury watches.

Vision

Philosophy

Philosophy:

Incorporates creativity, excellence, grace, and intimacy into each watch.

Every piece is crafted with dearest consideration

and for every part to come harmoniously together.

Philosophy

BRAND CODES

Identity

NAME

Name

  • Endowed gold and silver with brilliance and intrinsic value.

  • Sight, glittering and glory.

Corporate Colors

extreme opulence, elegance and wealth

Color

Strength Sophistication Timelessness

Prestige

Luxury

Wealth

Logo

Products and Services

Specialize in the customization of couple watches.

Products & Services

Creations of eternal vows.

Slogan

"Specially crafted for your dearest ones"

Slogan

Passion

Customization Process

  • Walk in
  • Choose from a wide selection of specially curated designs.
  • From the case to the strap, hands, dial and marker.

Magic Ingredient

Website

Craftsmanship and Talent

  • Up and rising master watchmaker.
  • Leading a team of watchmakers with at least 15 years of experience.

Craftsmanship and Talent

Zeke Meyers

Sustainability

  • Eco-friendly watch strap made from pineapple leaves fiber (Clemens, 2019)

Sustainability

  • Mushroom leather (Madonia, 2019)
  • Wine leather is made up from waste products of wine production (Madonia, 2019)

Control

Ensure consistency in watch quality

All different parts are carefully selected

Control

SWOT Analysis

Strength

  • Customization
  • Many leather options for customer to choose
  • Array of watch dial design for customer to choose
  • Eco-friendly

Strength

Weakness

  • Low Market Share
  • No signature watches
  • Knowledge gap

Weakness

Opportunities

Opportunities

  • Wearing watch as a fashion trend
  • Internet retailing
  • Higher disposable income
  • More people demand for customization of luxury products

Goldston, 2017

Harris, 2018

Roden, 2018

Shand & Tanchua, 2016

Threats

Threats

  • Prefer smart-watch over Quartz watch
  • Large number of competitors
  • Counterfeit watches
  • Many substitutes over watch

Brand Target Customers

  • Affluent Millennial
  • Estimate of $6 trillion of disposable income in 2020
  • Prefer customization item

Accenture, 2016

Sweeney, 2006

Brand Positioning

Competitive Analysis

Competitive Analysis

(Statista, 2019)

(LuxeConsult & Morgan Stanley, 2018)

(Cartier Official Instagram, 2019)

(Cartier Official Facebook, 2019)

(Patek Philippe Official Instagram, 2019)

(Patek Philippe Official Facebook, 2019)

(Longines Official Instagram, 2019)

(Longines Official Facebook, 2019)

Perceptual Map

?

Perceptual Map

Marketing Mix

Product

Product

  • Watches
  • Customization
  • Delivery Services
  • Warranty
  • Life Long Battery Replacement

Price

Price

  • Premium Pricing Strategy
  • Watches will be in their local currency
  • Cost $8,000 to $12,000
  • Couple watch cost $15,000 to $23,000

Adams, 2017

Place

  • Physical store in Singapore
  • GDP per Capita of SGD $87,982 in 2018
  • Marina Bay Sands, The Shoppes

Place

CEIC, 2018

Promotion

Promotion

  • Luxury Magazines
  • Advertisement place on full service carrier airlines
  • Bus stop and MRT station
  • Social Media
  • Fashion Runway

Integrated Marketing Strategy

Luxury Magazines

Paid Media

Outdoor Advertisements

TITLE

Full Service Carrier

  • Airport Lounge

Sponsorship for Fashion Runway

  • Dolce Gabbana fashion show

-Full cost carrier + Airport Lounge

-Sponsorship for Fashion

Owned Media

  • Brand.com
  • Membership sign-up & email list

-Theia's Social Media Presence

-Word of mouth Marketing

-Review from existing customer

Earned Media

Traditional WOM

Electronic WOM

Brand Celebrity Endorsement

Lee Dong Wook & Yoo In Na

Why Lee Dong Wook & Yoo In Na?

TITLE

Based on the five rules of

Celebrity Endorsement

Credibility

Global Appeal

Personality

Uniform Power

Sustainability

Credibility & Global Appeal

Lee Dong-Wook & Yoo In Na

  • In the industry for more than 10 years
  • Korean Wave

Goblin

Touch Your Heart

TITLE

Personality & Uniform power

Theia's Brand ambassadors

  • Personality is aligned with brand
  • Synergy as on-screen couple

TITLE

Sustainability

Rarely inflicted with scandal

Positive image in the industry

TITLE

The Story

  • Aligned with the brand's slogan
  • Capture the precious moments
  • Targeted towards affluent millennial couples

Chijmes

  • Heritage building in Singapore
  • Beautiful architecture
  • Popularized by Crazy Rich Asians

Locations

Jurong Lake Gardens

  • Whimsical shoot location
  • Dreamy & Romantic

Audio Components

Audio

Sound of a ticking clock

  • Storytelling device
  • Build tension while maintaining a level of subtlety
  • Showcases watch

Piano background music

  • Cinematic & Dreamy
  • Ties in with visuals

(Renee, 2018)

Now, let's watch the video

Video

https://youtu.be/4SQKvBSYQbQ

Card Holder

  • Matte black card stock
  • Gold embossed logo
  • Store guarantee card or receipt
  • Personalized message

Collateral & Gifts

Watch winder box

  • High gloss, black lacquer finish
  • Premium black velvet interior
  • Display the watch
  • Increase lifespan, time accuracy