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6. Products/ Services Offered (b)
Another strategy was
the use of plastic as much as possible in the watch case in contrast
to the much more expensive stainless steel cases prevalent at that
time. The problem with this approach of course would be that the
product would be regarded as cheap and disposable. Swatch
counteracted this by offering this product in as many different
styles as possible, often endorsed and designed by well-known
celebrities. Each watch is a limited edition and its distribution is
usually confined to certain countries.
Swatch watches ticks
along at the pace of modern life. With its trend-setting colorful
design, its cheerful outlook, and its unconventional appearance, the
Swatch message strikes a nerve in our time. It is a message that is
understood and accepted all over the world. Not long ago, people
bought watch the way they purchased dinnerware - one for everyday
use and one for formal occasions. Swatch watches changed all that by
revolutionizing the reason we wear watches. Much more than a
timepiece, a Swatch is an inexpensive fashion accessory that we can
change according to our mood and activities. This plastic watch,
which ticked for the first time in the early 1980s, has developed
into an internationally recognized brand name product with an
unmistakable profile. Swatch has sold more than 250 million watches
and it is the only low-cost brand of watches with a large collector
base.
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