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  Published Paper Details:

  Paper Title

USE OF MARKETING MIX TO LEVERAGE BRAND EQUITY: A STUDY IN THE SWISS WATCH INDUSTRY

  Authors

  Dr. Manisha Raj,  Anubhav Kashyap

  Keywords

Watch industry, brand image

  Abstract


Switzerland has always been a pioneering force in the Watchmaking Industry, as much as to say that it has always enjoyed an unrivalled Monopoly when it comes to manufacturing and selling of fine watches. Swiss watches are known for their craftsmanship, precision and mechanical sophistication, created using skills which are rarely found beyond the Jura Mountains of the country, which ultimately helps Switzerland to capitalize from an international imitation Gap. However, there is a disproportionate inequality in the market share of the Swiss watch manufacturers to the level that just one brand controls approximately one-fourth of the total market share whereas all the other brands have to settle for a mere single digit market share. This arises the following questions: Does Brand Equity play a significant role in determining market share? Which is the more important determinant of brand equity- value proposition to a consumer or just smart marketing? What is the sweet spot in the market that can be capitalized on for revenue maximization? Etc. This paper attempts to expound on these questions.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2204583

  Paper ID - 218673

  Page Number(s) - f97-f117

  Pubished in - Volume 10 | Issue 4 | April 2022

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/Journal.30093

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. Manisha Raj,  Anubhav Kashyap,   "USE OF MARKETING MIX TO LEVERAGE BRAND EQUITY: A STUDY IN THE SWISS WATCH INDUSTRY", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 4, pp.f97-f117, April 2022, Available at :http://www.ijcrt.org/papers/IJCRT2204583.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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