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INTRODUCTION
Launched in 6 April 2010
Its headquarter is in BEIJING CHINA
Operating in countries like CHINA INDIA
BRAZIL RUSSIA...
Revenue 2013 $5.4 billion
Worlds 3rd largest smartphone distributor
POSITIONING
Creating an identity in the minds of a
target market
Aims to make a brand occupy a distinct
position relative to competing brands
E.g. Samsung, Apple
Low cost
Fancy handset
PRICING
STRATEGY
Sells it product online
Shuns traditional model of advertising
Depends on Social media
Uses word of mouth
Selected retail channel covering few cities.
E.g - Croma electronics
Moores law
Unlike bigger players who discontinue
their models in stipulated time, Xiaomi
sells for longer period
CO.
MOBILE INTERNET
MARKABLE
I phone 5S
Samsung
DIFFERENCE
galaxy
Xiaomi Mi3
Touch screen
capacitive
capacitive
capacitive
Battery
1570mAh
2800mAh
3050mAh
RAM
1 GB
2 GB
2 GB
Internal
memory
16 GB
16 GB
16 GB
64 GB
54 GB
expandable
OS
IOS 7
Android 4.4
kitkat
Android 4.4
camera
8 / 12
megapixels
2.1/16
megapixels
2/13
megapixels
PRICE
42,500
34,500
13,999
TARGET MARKET
Middle class section of society
-price sensitive
-feature specificity
Students
-gadget freaks
-price sensitive
SWOT ANALYSIS
Strength
Opportunities
Weakness
Misunderstanding as a
Chinese brand
Threats
High competition from local &
international players
Eg:-
CONCLUSION
By following new product strategy of
penetration,Xiaomi is capturing large
market share in India.
Ultimate Technology