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Citizen to set up exclusive
showrooms
Our
Corporate Bureau
Hyderabad, Nov 5: In a bid to establish direct customer
contact, Japanese watch major Citizen has proposed to set
up company showrooms in each of the towns in the country.
“We are proposed to set up one showroom at each of the cities
in year time”, Mr N Iwata, managing director Citizen Watches
India told the press persons here on Monday. The Citizen brand
now holds about 10 per cent market share in India, he said.
At present, the marketing strategy is to
strengthen the retail presence, through opening company showrooms
in major cities, Mr N Iwata said. He was here in connection
with the opening of the second showroom, christened First
Citizen in Hyderabad.
The company has already opened a showroom in Bangalore in
August, which is a straight success with over Rs two million
sales turnover in about two months. The company proposes to
open one more showroom at Pune next month, he said.
Through the new showrooms the company plans to put on display
the internationally accepted models for the benefit of the
Indian customers, Mr K Chandy Jacob, senior vice-present of
the company said. As part of the marketing strategy, we have
entered the second phase, where we will work for enhancement
of market reach and product range, and this will be possible
through these exclusive showrooms, Mr Jacob said.
The latest arrival, Eco-Drive Vitro is on display at the showroom,
which is priced Rs 30,000 per unit.
The fine strips of amorphous silicon virtually invisible to
the naked eye is placed on the watch glass, through which
electricity is generated when light strikes the glass and
the watch will function with this power, Mr Jacob explained.
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