Calgary Business Podcast

A Tale of Two Watch Brands | “Errol’s Eye On”, Episode 14 (CBP 406) | 2 February 2023

Informações:

Sinopsis

This is the 14th episode in the “Errol’s Eye On” series dedicated to Errol Vas providing practical marketing and business advice to startups, small to medium-sized enterprises and large multi-national corporations. In this episode, Errol decided to focus on the marketing strategy of two watch manufacturers from the 1960’s Brand 1 | Saxony Dive Watch – Swiss manufactured; NY-based 1968 start; spent $1 million on advertising (in 1968!!); equivalent to $8 million in 2023 dollars.  In 1970, introduction of the Quartz brand of watches pretty much decimated the company. Brand 2 | Vostok – Russian watch brand; no advertising,  In the late 1950’s and 60s, the Russian Ministry of Defence mandated the production of Russian-made watches for Russian divers.  Made out of steel; had to be submersible to up to 200 metres of water. §§§ As promised during our chat, Errol provided the following links: Personal blog post on the Saxony Dive Watch:  https://errolvas.com/blog/f/the-fall-of-saxony-sheffield-watc