Competing with the global manufacturers & to increase the global market share
Objectives: To be a significant & respected global Watch, Clock & Jewellery brand
& also be the market leader in India, including being the premier retailer of these
products.
Titan Industries: Business Structure (Approximate figures)
o Jewellery: Rs. 3000 Cr
o Watches: Rs. 1000 Cr
o Export: around 60% Market Share in India
Competing on price and sympathy factor
Reverse Internationalisation
Original Design Manufacture (ODM)
Forward Integration
1. European Marketing Networks for the company’s own brands
2. Production to China: Low Labour Costs & huge potential manufacturer
Capture of market share in Europe: Production plants & subsidiaries
Single European Market
o Wholly owned holding company in the Netherlands in 1986
o Followed by Sales Subsidiaries
o After sales service, local communist agents & independent distributors
o Export strategy
Giant Europe Manufacturing Company
o Greenfield Entry strategy
o Sourced production system from the parent company- Giant Europe
Giant in China
o Joint Venture with Chinese biggest bicycle manufacturer to understand the
political environment
o Offset local ‘Son-of-the-Soil’ argument
o High Quality bicycles
Giant Specialisation
o Design, Development & Manufacturing
o Original Equipment Manufacturer
I was absent!!!
:-(
Creating products & services for which there are no direct competitors
Finding unoccupied market positions that represent Real Value Innovation
Unique Combination of Features
Smart planning & Economies of Scale- Lower Cost
Please refer to the Key Principles of “Blue-Ocean Strategy” on page no. 2 of the
actual case.
DISCLAIMER:
The Author of this document is not to be held responsible for any inadequacy in the
content provided. The content is based on personal learning and hence may or may
not be authentic.