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Viral Marketing Strategy
XIAOMI
Presented by :
•Gaurav Machave
•Vedant Kadam
•Prem Kumar
CONTENTS
• Why Xiomi?
• Viral Marketing Relevance
• Six STEPPS to word of mouth
• Marketing strategy
• Target group
• Target group online attraction
• Marketing channels
• Possible potentials
• Conclusion
• References
WHY XIAOMI…?
• Xiaomi Inc. also recognised as 'MI' is a Chinese electronics
company headquartered in Beijing, China.
• Designs, develops, and sells smartphones, mobile apps, and related
consumer electronics
• Began its operations in August 2010, now fourth largest smartphone
manufacturer in the world
• Valuation raised through initial US $1 billion to present
US $45 billion
• Ranked no. 2 by 'MIT Technology Review’ on ‘50 Smartest
Companies 2015‘ list.
VIRAL MARKETING RELEVANCE…
• No to celebrity endorses and media ads.
• Key to smartphone success is being friends with their
fans.
• Believe in world domination, but one country at a time
• Customer participation.
• Feedback is a key part of conversation with on-going
users.
• Organising campaigns, festivals like Xiaomi popcorn
festival.
SIX STEPPS TO WORD OF MOUTH
• SOCIAL VALUE: Making customers feel special
• TRIGGERS: Linking the product something existing in the
environment
• EMOTIONS: Positive and negative emotions
Practical value:
$20 $5 off
$2000 25% off
Public:
•People try to imitate what they see
•“Build to show, build to grow”
Stories:
•Building an amazing story which holds a powerful message
because people remember stories.
25% off
$500 off
MARKETING STRATEGY
• Flash Sales
• Building a tech fan base
• NO traditional advertising,
YES to social media
• Reviews from the critics
• Fans festival
TARGET GROUP
• Xiaomi aims for low end payer
• Acc. to Porter’s generic strategies, it is targeted to low
cost and broad scope category
Xiaomi
new
middle
class
adaptive
pragmatist
socio-
ecological
ONLINE ATTRACTION
• The target demographic segmentation is towards 20-34
years old range for both genders
• These segments spend 21.3% of time on social network
• Huge opportunity for manufacturers and vendors in this
sector
MARKETING CHANNELS
• Xiaomi earned lots of fans by Chinese social media like
Weibo, Wechat and Youku
• Xiaomi can earn brand name on different countries’
social media such as-
• Target the regional networking sites of developing
nations to explore market
POSSIBLE POTENTIALS
• Offline marketing
• Collaboration with speaker
brands
• Adopt classic media channels
Possible Potentials
• Sponsoring mega events
• Guerrilla marketing
CONCLUSION
• Viral marketing concept and relevance to Xiaomi
• Current marketing strategies
• Possible recommendations
• Best tool to boost company sales, popularise the
product and enhance overall growth of the
company.
REFERENCES
1. https://en.wikipedia.org/wiki/Xiaomi#Mi_series
2. https://www.quora.com/What-is-the-marketing-strategy-behind-
Xiaomi-mobiles
3. http://www.socialmediaexaminer.com/5-social-media-tips-for-
finding-and-engagingyour-target-audience-new-research
4. https://www.youtube.com/watch?v=GbhWGxFKSaY
5. https://en.wikipedia.org/wiki/List_of_social_networking_websites
Thank You!
Questions?

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Xiaomi's Viral Marketing Strategy

  • 1. Viral Marketing Strategy XIAOMI Presented by : •Gaurav Machave •Vedant Kadam •Prem Kumar
  • 2. CONTENTS • Why Xiomi? • Viral Marketing Relevance • Six STEPPS to word of mouth • Marketing strategy • Target group • Target group online attraction • Marketing channels • Possible potentials • Conclusion • References
  • 3. WHY XIAOMI…? • Xiaomi Inc. also recognised as 'MI' is a Chinese electronics company headquartered in Beijing, China. • Designs, develops, and sells smartphones, mobile apps, and related consumer electronics • Began its operations in August 2010, now fourth largest smartphone manufacturer in the world • Valuation raised through initial US $1 billion to present US $45 billion • Ranked no. 2 by 'MIT Technology Review’ on ‘50 Smartest Companies 2015‘ list.
  • 4. VIRAL MARKETING RELEVANCE… • No to celebrity endorses and media ads. • Key to smartphone success is being friends with their fans. • Believe in world domination, but one country at a time • Customer participation. • Feedback is a key part of conversation with on-going users. • Organising campaigns, festivals like Xiaomi popcorn festival.
  • 5. SIX STEPPS TO WORD OF MOUTH • SOCIAL VALUE: Making customers feel special • TRIGGERS: Linking the product something existing in the environment • EMOTIONS: Positive and negative emotions
  • 6. Practical value: $20 $5 off $2000 25% off Public: •People try to imitate what they see •“Build to show, build to grow” Stories: •Building an amazing story which holds a powerful message because people remember stories. 25% off $500 off
  • 7. MARKETING STRATEGY • Flash Sales • Building a tech fan base • NO traditional advertising, YES to social media
  • 8. • Reviews from the critics • Fans festival
  • 9. TARGET GROUP • Xiaomi aims for low end payer • Acc. to Porter’s generic strategies, it is targeted to low cost and broad scope category Xiaomi new middle class adaptive pragmatist socio- ecological
  • 10. ONLINE ATTRACTION • The target demographic segmentation is towards 20-34 years old range for both genders • These segments spend 21.3% of time on social network • Huge opportunity for manufacturers and vendors in this sector
  • 11. MARKETING CHANNELS • Xiaomi earned lots of fans by Chinese social media like Weibo, Wechat and Youku • Xiaomi can earn brand name on different countries’ social media such as- • Target the regional networking sites of developing nations to explore market
  • 12. POSSIBLE POTENTIALS • Offline marketing • Collaboration with speaker brands • Adopt classic media channels
  • 13. Possible Potentials • Sponsoring mega events • Guerrilla marketing
  • 14. CONCLUSION • Viral marketing concept and relevance to Xiaomi • Current marketing strategies • Possible recommendations • Best tool to boost company sales, popularise the product and enhance overall growth of the company.
  • 15. REFERENCES 1. https://en.wikipedia.org/wiki/Xiaomi#Mi_series 2. https://www.quora.com/What-is-the-marketing-strategy-behind- Xiaomi-mobiles 3. http://www.socialmediaexaminer.com/5-social-media-tips-for- finding-and-engagingyour-target-audience-new-research 4. https://www.youtube.com/watch?v=GbhWGxFKSaY 5. https://en.wikipedia.org/wiki/List_of_social_networking_websites