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Growth Rate Of Online Luxury Watches Segment In India
Online growth of rate of luxury watches in India has jumped over 200% according to the latest news received from different sources.The Prime have spoken to the various media platforms and told them about this good news.
One of the interesting reason is that the prices of luxury watches like that of Tissot, Longines, Rado and other brands have gone downwards and have come to the reach of the common mass in India. Adding to it is the E.M.I options which are very much flexible for everyone. So, it's not only the elite class wearers who can buy a luxury watch, but everyone.
The watch pundits have been closely following the situation of online luxury watch sales in India. According to them, the Indian watch buyers have moved towards luxury watches because of their trustworthiness and authenticity.
It is known from the recent report published by ASSOCHAM, that the luxury selling will go on at 25 per cent from 2013 till 2018 and is likely to mark the $ 18 billion feat, from the present $ 14 billion mark by the accomplishment of 2018.
The luxury watch segment in India contributes 10% of overall watch trading in the country. The e-commerce sites and other online watch retailing sites like The Prime have targeted to develop this situation to 15% at the conclusion of 2017. This happens due to their associations with various luxury watches brands like Omega, TAG Heuer, Longines, Tissot, Rado and many more.
A significant point has come out while studying about the growth of online luxury watch sales in India is that, men are ahead in this sector. It says that nearly 55% of sales in this category comes from metro cities and among them, men contribute nearly 75% sales. The brands are planning to launch some exciting campaign to uplift the sales of luxury watches in India. It has been earlier mentioned that, new EMI options have become boon for the country's buyers. They are now free to choose their watches.
About The Prime:
The Prime, largest watch retailer in India, both online and offline, has an unbelievable collection of luxury watches in their store. They are operating in India as watch retailer for more than 25 years. From a small shop, they are now the leading player in Indian watch scenario. Their watch boutiques are spread through cities like Mumbai, Kolkata and Jaipur. The attractive outlay of their outlets plays a significant part in making them a forerunner in the luxury watch sector of India. The buyers get the most exciting offers from their boutiques. Moreover, one can also choose a watch online and buy from their stores or get shipped at their home. They sell watches that are 100% authentic and their after-sales service is also marvellous.
For More Information, Visit: https://www.theprimewatches.com/
Contact: Prime Retail India Ltd
Luxury Watch Helpline (9am to 9pm): + 91 9830315007 / + 91 9038443344
Prime Retail India Limited