Learn how to create a successful new Swiss watch brand
Tips, advises and information about launching a new Swiss watch brand
At Horology Design Limited we are constantly receiving requests from ambitious entrepreneurs telling us they want to create a successful new Swiss watch brand, asking how much we charge for watch design creation, how much watches cost to be made and request information about Swiss watch brand creation. Therefore we find useful to give advises on where to start for your new project.
There are no straight forward answers to a short question in the watchmaking industry, and the more information you can provide, the closer you will get to transform a timepiece into a profitable business.
Questions yourself about your objectives
Before any design studio or watch manufacturer can give you cost estimation for your project, wonder yourself: Why will my watches sell well? What more will my watches offer in a highly competitive market? Who will buy the watches and why? Having watches designed and then produced is somehow kind of easy when you have the budget, but creating a successful business is something completely different. On average, 7 watch brands out of 10 close business during the first two years. The potential of making a profitable business of a watch brand is there, but you will not get a second chance to make the first impression.
If you do not know where to start, we can not know for you
As the future Swiss watch brand owner, only you have the answers. At Horology Design Limited we will need to know everything about your project. And we mean everything! You might not need to tell us how long will the minute hand be, but you need to know what you want it to look like. If we have extensive expertise on how to create a new swiss watch brand, only you know what this new brand will be.
These are the first questions we will ask you:
- What movements will the watches run?
- What will be the materials, including bracelet and buckle/clasp?
- How many different watch designs will your collection consist of?
- What is the brand inspiration, what is its DNA?
- How much are you looking at retailing the watches for?
- How many watches will you produce year one, and year two?
Knowing your market
The federation of the Swiss watch industry release every month the watch industry statistics which we find extremely useful for a new watch brand creation. You find out more HERE. Today Hong Kong is the biggest importer of Swiss watches, and United States come second.
What you need to know about ‘Swiss Made’ watches from 2017
From 1st January 2017, at least 60% of the manufacturing costs must occur in Switzerland to obtain authorization of using Swiss origin. All production costs can be taken into account and now additionally the costs for research and development, quality assurance and certification.
More information about the new Swissness legislation HERE
Finally, Horology Design studio can be your best asset for Swiss watch brand creation with an extensive know-how in watch design development and a vast portfolio of high-end watchmaking OEM. We are also experienced in marketing, online watch shop creation and can get your Swiss watch brand on the market the best possible way.