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6. Products/ Services Offered (a)
ZiWatches trade the
medium to low priced trendy watches internationally. At the set up
stage, the core brand of this shop is the basic range by Swatch. It
mainly carries a wide range of Swatch watches from the price of
US$50 onwards.
Swatch watches were
able to maintain the high-quality standards associated with Swiss
brands, but at a retail price competitive with Asian manufacturers.
Its strategy is to use extremely low cost to produce quartz
movements that were often built into the back of the plastic watch
case to save money. The design was also improved to an accurate
quartz analog product that required only 51 parts, compared to the
typical 90 to 150 parts found in conventional watches. This not only
dramatically cut production costs and allows automated assembly, but
also enhanced performance reliability.
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