One of Trump’s methods is to license branded products using his name and bring them into the global market at high prices.
New York: President-elect Donald Trump is gearing up for his second term in the White House. Trump, who is also a world famous billionaire, has always marked his name on the market. One of Trump’s methods is to license branded products using his name and bring them into the global market at high prices. Trump Guitars, Steaks, Sneakers, Photo Books and many other ventures are owned by the former American President. But once again the ‘Trump brand’ is facing a backlash in the market, even if it has taken power in the United States.
After a five-year break, Uruguayan Yamandu Orsi leads the country, leaning to the left
According to reports, the ‘Trump watches’, which were launched in September this year, are in a state of immobility. It is clear that there is no demand for the ‘Trump watches’ which have been brought into the market for one lakh dollars (about 84 lakh Indian rupees). Market experts have revealed that only 10 percent of the business is for gold and diamond watches with Trump’s name.
Many people doubt whether these watches that are sold as Swiss watches are made in Switzerland. These watches are said to be powered by tourbillon technology. There are many watches that cost up to 100,000 dollars per watch. Experts have also pointed out that this is the main reason for the main problem in the market. The bottom line is that the price is a bit too high which puts off the customers. The ‘Trump Watch‘ is made by Montrichard, a watch manufacturing company based in Switzerland, Asia and the USA. Agents and marketers hope that the ‘Trump brand’ will sometimes become more valuable in marketing after the re-election of the president.
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#Price #lakhs #Presidentelect #Trumps #watch #moved #market
2024-11-25 18:34:00
**Considering the controversies surrounding the ”Trump Watch” brand, what ethical considerations should companies prioritize when entering into licensing agreements with controversial figures?**
## World Today News – Trump Branded Watches: A Flop or Future Success?
**Host:** Welcome back to World Today News. Today, we’re diving into the curious case of the “Trump Watch,” a luxury timepiece launched by former President Donald Trump, carrying a hefty price tag of $100,000. Joining us to unpack the story are two esteemed guests: **[Guest 1 Name & Expertise]** and **[Guest 2 Name & Expertise]**.
**Section 1: The Brand & The Market**
**Host:** Let’s start with the basics. [Guest 1 Name], Trump has a long history of leveraging his personal brand for various products, from steaks to golf courses. What are the typical strengths and weaknesses of a brand like this?
**[Guest 1 Response – Discuss the power of personality branding, and potential downsides like controversy or oversaturation.]**
**Host:** [Guest 2 Name], the article mentions slow sales for these watches despite their prestige. What are some factors that might explain this lukewarm reception, especially considering the high price point?
**[Guest 2 Response – Discuss potentially contributing factors like economic climate, target audience, competition in the luxury watch market, and skepticism towards celebrity-branded products.]**
**Section 2: The Controversy & Future Prospects**
**Host:** [Guest 1 Name], there’s been some debate about the origin of these watches, with some suggesting they aren’t truly Swiss-made as advertised.
How does this kind of controversy affect public perception of a brand, particularly a luxury brand?
**[Guest 1 Response – Discuss the importance of transparency and authenticity in brand marketing, the potential impact of perceived dishonesty on brand loyalty, and the role of consumer activism.]**
**Host:** [Guest 2 Name], Trump’s re-election campaign is underway. Could this potentially revitalize interest in his brand and products like the “Trump Watch”?
**[Guest 2 Response – Discuss the potential of political resurgence on brand perception, the role of consumer sentiment, and the potential for both positive and negative associations with the brand due to political affiliation.]**
**Section 3: The Broader Implications**
**Host:** This case raises broader questions about celebrity branding and consumer behavior. What lessons can we learn from the “Trump Watch” phenomenon, and what does it tell us about the relationship between personal branding and commercial success?
**[Open Discussion: Both Guests share their perspectives on the broader implications.]**
**Host:**
Thank you to both our guests for shedding light on this fascinating case. It’s clear that the “Trump Watch” story is as much about brand image and consumer psychology as it is about luxury timepieces. Tune in to next week’s episode for more news and analysis from World Today.
