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Our booth has also attracted the attention of many local consumers. We expect our onsite sales to reach HK$500,000-600,000. It is a very successful show, reflecting that our watches have great potential in the local market.
The fair provides a good opportunity for us to build our brand so that more local consumers know our brand and buy our tourbillon watches at the watch shops operated by our authorised dealers.
My annual purchasing amount for parts and components is US$20 million and I plan to purchase US$1 million worth of parts and components through the new suppliers that I have found at this year’s Hong Kong Watch & Clock Fair.
I go to the Hong Kong Watch & Clock Fair to look for new brands and new suppliers of packaging boxes and bags as well as spare parts. At this year’s fair, I have found 8-10 potential suppliers not only for new brands but also for spare parts and repair tools.