Micromax is an Indian mobile company that has become a market leader in India, holding a 16.69% share. It produces low-cost smartphones with innovative features like long battery life, universal remotes, dual SIM cards, and gesture controls. Micromax appeals to first-time users and aims to overcome perceptions of cheap phones by consistently producing affordable devices. Their strengths include low-cost smartphones, innovations, market leadership, and a wide range of phones. However, they face threats from bigger brands and local competition.
3. Micromax Informatics limited ------ Micromax
Mobiles !
“ Authorized China Mobile “------ Market
leader ! ( 16.69% ).
Large-scale adoption of advanced
technologies.
4. Best quality at low price
Innovation
a. 30 day battery backup
b. Universal remote control
c. Dual sim
d. Gesture control
e. Women line of device
5. Appeal to first time users
Getting over cheap phone tag
Consistency in producing low priced phones
6. Strengths:
Low cost smart phones
Innovative features
Market leader
Wide range of phones
Hugh Jackman
Weakness:
Local brand perception
Poor customer service
Opportunities:
Low end mobile phone market has
become very competitive
Usage of cheaper smart phones has
increased
People moving from basic phones to
smart phones
Threats:
Competition from bigger brands
Competition from local brands
7.
8. 1. Age 7. Logo
2. Annual Income 8. Innovation
3. Looks 9. Status
4. Brand Importance 10. Brand Acceptance
5. Price 11. Willingness to Pay
6. Smartphone Tag 12. Choice of Brand
9. Groups selected
1. Middle Income
2. Hostellers and students
3. Tech savvy
4. First time users
5. Rural Market
6. Senior Citizens
7. Retailers