Meizu Case Study

1106 Words5 Pages
Good afternoon, everyone, I’m Stella, from sales department, these are my colleagues, the elegant lady is Wendy, specializing in marketing and finance, and the smart gentleman is Bruce, specializing in logistics and supply chain. We were authorized by Mr. Nascimento to investigate the feasibility of entering Indian market in the past two months. During the presentation, we will show you the analysis of Indian market, and also related selling strategies, advertising suggestions, financial forecasting and transportation issues, which will support the operating of Meizu in Indian market. I known that today's topic may bring up some questions from you, and we will do our best to answer your questions. So let's start now. We all know China's mobile…show more content…
India‘s GDP per capita increased from 1149.7 USD to 1595.7 USD during the past three years, which indicates a growth in purchasing power. However, India remains a lower-middle income economies, people show preference for low-priced goods. Moreover, 2G, 3G is not widespread in India, and 3G penetration rate is no more than 10%, so high-priced mobile phone equipped with 3G or 4G is useless. In view of this, our company need to localize and adjust to provide more affordable mobile…show more content…
We have three kind of competitor, which include international brands like Samsung, local brands like Micromax and homogeneous brands like Xiaomi. Samsung is the head of India cell phone market and accounting for 23.2% of the total sales. It provides the most diverse product portfolio with the advantages of innovation and cost saving. Samsung also involved in aggressive marketing and advertising to create awareness and gain respond. Micromax is a major competitor in the current stage, it knows better about Indian policy, market and customers’ subtle need, also get strong support from local trade protectionism. Micromax attract a large number of low-income customers with low price and relatively high quality. Beside the price competence, Meizu also have competitors which have similar products and concept. Xiaomi has risen to fifth in the smart phone market with a share of 4% only through the network sale, its network snapped policy is quite suitable for high price-sensitive Indian customer. Xiaomi also committed to assimilate into India with establishing production line and experience store. In conclusion, we need to research the India market comprehensively and localize our products and business philosophy to be accept by more Indian people and enhance our word of mouth, learn from our competitors and cooperate with them to improve performance and

More about Meizu Case Study

Open Document