Is Xiaomi making loss In Indian market ?
Is Xiaomi making loss In Indian market ?
Xiaomi
Xiaomi |
Xiaomi
Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics, Xiaomi In India the In the number one smartphone brand in the year 2019, as India is an very important market for Xiaomi because of the growing economy and the new government policies as well as the In India the teenage percentage is around 65% so this can give mi a great future in India.
Xiaomi making loss
In the year 2018 mi was making profit as they have finished all their competition in the Indian market, which took their sales increase rapidly as well as Xiaomi is known for making budget level smartphone which is why their sales took over in Indian as well as over seas market. Xiaomi as well as they planned for the year 2019 buy launching more products such as laptops , television (smart tv), bag packs , clothing and various thing they have not kept themselves in the same field of manufacturing smartphone they have spread in all necessary ways, so that is why the year 2018 was very Important as well as they made huge profit.
Now coming to the year 2019 Xiaomi has new competition In the Indian market REALME, Azus,Samsung etc, this new competition is making Xiaomi to sell their product in bit cheaper rates their sales of High price mobile phone is decreasing because of lot of competition in the ground level, As the competitors are making phone with high specs in cheaper level they are making mi taste its own ingredients.
Although Mi has new upcoming products and mi is looking to expand themselves in all the fields but their core business was manufacturing smartphone so they need to have a look at this competition also briefly and not forget their roots.
Xiaomi and future plans
Xiaomi is working more on mobiles now company is looking to make more budget and efficient phone so that they can fight with the competition and make their core business stable again.
Xiaomi is now looking forward to take the payment market with the launch of mi pay so more digitally transaction will be processed,
Now company is planning to launch their e commerce so they deliver product more faster with the help of their own logistics promising to deliver the order in the next day which is as fast as Amazon prime.
Seeking more growth in tv and laptop market Xiaomi is also looking to deliver more product at cheap rate and high quality.
Product's Xiaomi has introduced apart from mobile
Xiaomi smart tv
Xiaomi smart tv is one of the best tv available now, this tv is best because of only one thing that made ths product different from the other tv or we can smart tv manufacturer is less price high specs and good quality.
mi smart tv |
Xiaomi clothing
Xiaomi clothing just redesign the classic color fashion era in a simple way and from this clothing line up only you can make out that Xiaomi is not comprising in any product.
xiaomi clothing |
xiaomi clothing |
Xiaomi bag-pack
Xiaomi bag-pack redesign's the bag-pack fashion as in they are giving straight fight to the leading bag designer's skybag and american tourister .
Xiaomi bagpack |
xiaomi bagpack |
Xiaomi laptop
Xiaomi technology is known for the tech, that is not just tech high quality tech so you can except the laptops of the Xiaomi will also be outstanding from the other as well as cheaper with high specs.
xiaomi laptop |
Xiaomi security camera
Xiaomi security camera what makes is stand different from the other security camera is that it is so advanced and so simple to understand even 12 year old can operate it easily, And of the the most important factor is pricing.
xiaomi security camera |
Xiaomi smart band
Xiaomi smart band is the first band to have color display in it and one most important factor that makes it different from the other smart band of samsung and apple is that it's pricing.So I think Xiaomi is basically known for the pricing that makes it different from it's competitor.
Xiaomi headphones
Xiaomi headphones it looks so stunning with high quality sound that can even give competition to the leading headphone manufactures i.e boat and jbl.
Future of Xiaomi
Xiaomi is going to be one of the top tech companies in Asia as growing their business rapidly with same determination, removing competition single handedly so they can be in the top companies in Asia.
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