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
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
Specialize in the customization of couple watches.
Products & Services
Creations of eternal vows.
Slogan
"Specially crafted for your dearest ones"
Slogan
- Walk in
- Choose from a wide selection of specially curated designs.
- From the case to the strap, hands, dial and marker.
Magic Ingredient
Craftsmanship and Talent
- Up and rising master watchmaker.
- Leading a team of watchmakers with at least 15 years of experience.
Craftsmanship and Talent
- 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
- Customization
- Many leather options for customer to choose
- Array of watch dial design for customer to choose
- Eco-friendly
Strength
- Low Market Share
- No signature watches
- Knowledge gap
Weakness
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
- 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
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
Product
- Watches
- Customization
- Delivery Services
- Warranty
- Life Long Battery Replacement
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
- Physical store in Singapore
- GDP per Capita of SGD $87,982 in 2018
- Marina Bay Sands, The Shoppes
Place
Promotion
- Luxury Magazines
- Advertisement place on full service carrier airlines
- Bus stop and MRT station
- Social Media
- Fashion Runway
Integrated Marketing Strategy
TITLE
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
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