In line with Amazon’s vision to transform the way India sells,
Amazon today announced its partnership with iconic Indian lifestyle brand
‘Titan’. Available in 30+countries and renowned worldwide for world-class innovation and award-winning
designs, Titan’s collaboration with Amazon will now help them foray into the US
market and reach out to Amazon’s wide and loyal consumer base internationally.
Under the partnership, Amazon through its Global Selling Program
will enable Titan to take its vast range of watches to millions of global
customers across ethnicities on Amazon.com in the US and eventually across
other Amazon marketplaces. Titan has continuously maintained innovation and
consumer sentiment at its core and its segment-focused brands like Fastrack and
Raga, along with internationally recognized award-winning products like Edge
are the most popular among customers across the world. Apart from watches,
Titan will also launch its wide range of Fastrack accessories and further plans
to add additional products from its robust product portfolio to Amazon’s global
marketplaces. Through this collaboration, Titan watches will now become easily
available to millions of overseas Amazon customers, strengthening the brand and
emphasizing the integrity that the Titan name has always stood for.
Sharing his views on the partnership, S Ravikant, CEO, Watches and Accessories, Titan Company Limited said, “Somewhere in the world a Titan watch is
being purchased every three seconds. While this is a reflection of Titan’s
popularity, it is also propelling us to expand our boundaries. Titan has over
200 million customers and 7000 retail stores spread over 30+ different
countries. But with global demand heading north, Titan is westward bound; our
entry into the US via Amazon’s Global Selling Program allows us access directly
to the American market. We are very pleased to partner with Amazon and we are
certain that we will be able to offer value for money to our mainstream online
global consumers seamlessly through this partnership.”
“We are thrilled to have Titan, one of
India’s most recognized and loved lifestyle brand, onboard and are excited to
help fuel the brand’s growth by offering unprecedented reach to global
consumers. Through this program, we will offer Titan an end-to-end solution and
help the brand cater to the growing appetite for quality Indian products
amongst global consumers. Since its inception in 2015, our Global Selling
Program has grown multifold and has been constantly taking ‘Made in India’
products global. We are delighted that the program is enabling emerging
companies as well as iconic Indian brands such as Titan to leverage the
opportunity to access a large base of hundreds of millions of Amazon
customers.” said Gopal Pillai, Director & GM, Seller
Services, Amazon India.
Titan Company brought about a paradigm shift in the Indian watch
market when it introduced its futuristic quartz technology, complemented by
international styling in 1984. With the launch of Sonata and Fastrack watches
that are highly affordable, trendy and chic, Titan completely transformed the
Indian watch market. The fifth largest integrated own brand watch
manufacturer in the world, Titan has also built 'Tanishq' the leading jewellery
brand over the past few years. Titan also made its foray into eyewear
through Titan Eye+ offering a variety of differentiated products to the end
consumer. Titan Company Limited has transformed itself into India’s largest
lifestyle company driven by innovation and design with a strong focus on
customer centricity, over the last three decades. Renowned worldwide for
world-class innovation and award-winning designs, Titan is now collaborating
with Amazon to reach out to a wider consumer base internationally.
Launched in India in May 2015, Amazon’s Global Selling Program
facilitates easy, simple and convenient access for all Indian sellers -
including entrepreneurs, SMEs, manufacturers as well as large brands – to sell
their products to consumers across the globe. The program has witnessed a 70%
increase in seller base as compared to last year with a total of over 23,000
Indian sellers currently on the platform selling globally across Amazon’s 10
global marketplaces. The program offers a comprehensive suite of end-to-end
solutions that include assisting sellers with imaging, logistics, tax advisory
and remittance. With over 65 million Indian products listed on Amazon’s global
marketplaces, Global Sales has expanded selection of popular Indian products
into several categories.
Under Global Selling Program, Amazon has supporting content on its
website on different international tax and custom processes to help sellers
understand the processes clearly. To enable sellers familiarize
themselves with the tastes & preferences of the local country and to launch
relevant selection, Amazon’s global selling team also help sellers understand
the demand patterns in various countries. The team also gives guidance on how
sellers can improve discoverability of their products on each marketplace. Some
of this includes guidance on the type of deals they can run, the kind of
advertisements they can run on these platforms and how they can use social
media channels to drive awareness about their listings on the various
marketplaces.
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