Micromax Informatics Ltd. is one of India's leading electronics companies and the 10th largest mobile phone brand worldwide. It offers affordable smartphones and other devices like feature phones, tablets, and TVs. Micromax pioneered making technology accessible in India. It has grown to be the 2nd largest smartphone brand in India through innovations like long-lasting batteries, dual SIM phones, and affordable prices. Micromax sells over 2.3 million devices per month through its wide network of retail outlets across India.
Debasis micromax informatics ltd is a new delhiASHIS PARIDA
Micromax is an Indian electronics company that began as a distributor but now manufactures mobile phones and other devices. It has grown rapidly to become one of the largest mobile phone brands in India, with a 22% market share in smartphones. The report discusses Micromax's history and growth strategy, including focusing first on rural markets and introducing innovative features. It provides a SWOT analysis and expectations for the company's future expansion internationally and into other electronic products.
Company profile of micromax by ranjeet rajputranjeetsagar
The document is a project report on the company profile of Micromax submitted by Pooja Yadav for her Bachelor of Business Administration degree. It includes an introduction to Micromax including its history, products, network and reach. It then discusses the company's mission, vision, philosophy and timeline. The report was prepared under the guidance of Mr. C.S. Sharnagat and includes acknowledgements, declarations, prefaces and certificates.
1) Micromax began as a small Indian company distributing computer peripherals and saw an opportunity in the growing but Nokia-dominated Indian mobile phone market.
2) In a few short years, Micromax has grown to produce over 1 million phones per month and has become the third largest brand in India behind Nokia and Samsung.
3) Micromax has differentiated itself by designing phones specifically for the Indian market with long battery life and dual SIM cards, and by focusing initially on rural and small town consumers rather than urban areas.
Micromax case study - operations managementKhem Singh
Micromax became inspired to create their first mobile phone product after seeing a PCO owner power his business using a truck battery that he had to transport long distances to charge. Micromax designed a phone with a battery that could last 30 days on a single charge and provide 17 hours of talk time. This phone, the X1i, sold for Rs. 2,249 and was very popular in rural India, launching Micromax's success in the mobile handset business. Within 30 months, Micromax had captured about 10% market share in India, becoming the second largest brand behind Samsung. The company aims to differentiate its products by focusing on features important to price-conscious, rural users like long battery life or
Micromax began as an IT solutions company in 2000 and entered the mobile handset business in 2008. They launched their first phone, the X1i, which boasted a month of battery life. In subsequent years, Micromax expanded their product lines and emerged as the top handset manufacturer in India in 2012 with a 16.6% market share, surpassing previous leader Samsung. Today Micromax offers a broad portfolio of over 60 mobile models including smartphones, feature phones, tablets, TVs and other devices, selling around 2.3 million devices per month through their large retail network across India.
Micromax India: Promotional strategy By Sambit BiswalSambit Biswal
Micromax started as an IT software company in 2000 and entered the mobile handset business in 2008, becoming the largest Indian domestic mobile handsets company by 2010. The document discusses Micromax's history and rise to dominance in the Indian mobile market through emphasis on adapting to changing demands, introducing innovative yet affordable smartphones, and establishing a strong brand presence across India and other countries.
Micromax is an Indian mobile company founded in 2008 with headquarters in Gurgoan, Haryana. It has a 6% market share in India and brands like Q1, Q2, Q5, and Q7. Strengths include affordable prices, dual SIM capabilities, and batteries with 30 days standby time. Weaknesses are its small 6% market share compared to competitors like Nokia. Opportunities exist in capturing the dual-SIM market and competing with Nokia who lacks dual-SIM phones. Threats are numerous global competitors and already large brands in India. Micromax's marketing strategy focuses on 360 degree advertising, targeting rural customers with long battery phones, and offering higher distributor commissions than competitors
This document presents information about the Indian electronics company Micromax. It discusses that Micromax started as a software company in 1999 and entered the mobile handset business in 2008, becoming the largest Indian mobile company by 2010. It provides key details about Micromax's founders, CEO, product lines including mobiles, tablets, TVs, and market share which is about 1.3 million mobile handsets per month in India. The document also outlines Micromax's strategies to expand in urban and international markets and objectives to focus on urban youth and achieve double digit market share by 2014.
Debasis micromax informatics ltd is a new delhiASHIS PARIDA
Micromax is an Indian electronics company that began as a distributor but now manufactures mobile phones and other devices. It has grown rapidly to become one of the largest mobile phone brands in India, with a 22% market share in smartphones. The report discusses Micromax's history and growth strategy, including focusing first on rural markets and introducing innovative features. It provides a SWOT analysis and expectations for the company's future expansion internationally and into other electronic products.
Company profile of micromax by ranjeet rajputranjeetsagar
The document is a project report on the company profile of Micromax submitted by Pooja Yadav for her Bachelor of Business Administration degree. It includes an introduction to Micromax including its history, products, network and reach. It then discusses the company's mission, vision, philosophy and timeline. The report was prepared under the guidance of Mr. C.S. Sharnagat and includes acknowledgements, declarations, prefaces and certificates.
1) Micromax began as a small Indian company distributing computer peripherals and saw an opportunity in the growing but Nokia-dominated Indian mobile phone market.
2) In a few short years, Micromax has grown to produce over 1 million phones per month and has become the third largest brand in India behind Nokia and Samsung.
3) Micromax has differentiated itself by designing phones specifically for the Indian market with long battery life and dual SIM cards, and by focusing initially on rural and small town consumers rather than urban areas.
Micromax case study - operations managementKhem Singh
Micromax became inspired to create their first mobile phone product after seeing a PCO owner power his business using a truck battery that he had to transport long distances to charge. Micromax designed a phone with a battery that could last 30 days on a single charge and provide 17 hours of talk time. This phone, the X1i, sold for Rs. 2,249 and was very popular in rural India, launching Micromax's success in the mobile handset business. Within 30 months, Micromax had captured about 10% market share in India, becoming the second largest brand behind Samsung. The company aims to differentiate its products by focusing on features important to price-conscious, rural users like long battery life or
Micromax began as an IT solutions company in 2000 and entered the mobile handset business in 2008. They launched their first phone, the X1i, which boasted a month of battery life. In subsequent years, Micromax expanded their product lines and emerged as the top handset manufacturer in India in 2012 with a 16.6% market share, surpassing previous leader Samsung. Today Micromax offers a broad portfolio of over 60 mobile models including smartphones, feature phones, tablets, TVs and other devices, selling around 2.3 million devices per month through their large retail network across India.
Micromax India: Promotional strategy By Sambit BiswalSambit Biswal
Micromax started as an IT software company in 2000 and entered the mobile handset business in 2008, becoming the largest Indian domestic mobile handsets company by 2010. The document discusses Micromax's history and rise to dominance in the Indian mobile market through emphasis on adapting to changing demands, introducing innovative yet affordable smartphones, and establishing a strong brand presence across India and other countries.
Micromax is an Indian mobile company founded in 2008 with headquarters in Gurgoan, Haryana. It has a 6% market share in India and brands like Q1, Q2, Q5, and Q7. Strengths include affordable prices, dual SIM capabilities, and batteries with 30 days standby time. Weaknesses are its small 6% market share compared to competitors like Nokia. Opportunities exist in capturing the dual-SIM market and competing with Nokia who lacks dual-SIM phones. Threats are numerous global competitors and already large brands in India. Micromax's marketing strategy focuses on 360 degree advertising, targeting rural customers with long battery phones, and offering higher distributor commissions than competitors
This document presents information about the Indian electronics company Micromax. It discusses that Micromax started as a software company in 1999 and entered the mobile handset business in 2008, becoming the largest Indian mobile company by 2010. It provides key details about Micromax's founders, CEO, product lines including mobiles, tablets, TVs, and market share which is about 1.3 million mobile handsets per month in India. The document also outlines Micromax's strategies to expand in urban and international markets and objectives to focus on urban youth and achieve double digit market share by 2014.
Micromax was once India's top smartphone brand, holding a 22% market share in 2014. However, several factors led to its decline, including increased competition from Chinese smartphone makers that used the same factories as Micromax. Management issues also hurt Micromax as it struggled to differentiate itself and faced resignations in top leadership. By 2015, Micromax's market share fell significantly as Chinese brands like Xiaomi and Lenovo partnered with e-commerce companies to gain market share through low prices and online sales channels. Ultimately, Micromax's failure to secure new funding and adapt its strategy in the face of strong Chinese competition led to its fall from the top position in India's smartphone market.
Micromax is a leading Indian mobile company with domestic offices across India and internationally. Its headquarters is in Gurgaon, India and it has over 125,000 retail outlets nationwide. Micromax was founded in 2000 and started manufacturing mobile phones in 2008 with a focus on low pricing and long battery life. It initially sourced phones from China but now manufactures domestically in India. Micromax is currently the second largest mobile company in India with a 19.1% market share gained in just three years from 2010 to 2013.
Micromax uses various integrated marketing communication tools to promote its mobile phones, including advertising, direct marketing, internet marketing, sales promotion, publicity/public relations, and personal selling. Some key tactics are:
1) Advertising through television, newspapers, billboards, and sponsoring cricket tournaments and Bollywood events.
2) Direct marketing through mail campaigns and booth promotions at festivals.
3) Internet marketing on their website and social media like Facebook and YouTube.
4) Sales promotions like contests where winners can visit film sets and price discounts on feature-rich phones.
5) Publicity through press releases about new product launches and events.
6) Personal selling by sales representatives and
Micromax realized unmet needs in the Indian mobile market that larger MNC brands had not addressed. It targeted rural and then urban markets with affordable, feature-rich phones like dual-SIM and long battery life models. Micromax differentiated itself through first-to-market phones and spent aggressively on marketing. This strategy of identifying latent consumer needs made Micromax India's third largest mobile brand by volume sales behind Nokia and Samsung.
Micromax is an Indian smartphone manufacturer that has grown rapidly since 2008 to become the third largest manufacturer in India. It aims to expand its presence within India and internationally. As part of its expansion plan, Micromax is launching an IPO to raise funds. Currently, Micromax dominates the rural Indian market and wants to increase its market share in urban areas. It faces competition from established brands like Nokia and Samsung. Micromax performs SWOT and competitive analysis to identify opportunities like expanding in urban and international markets, and threats like increasing competition.
This will enrich your knowledge about the key facts of downfall of micromax - indian mobile giant. This don't cover the detailed report but will give you an overview.
Micromax is an Indian electronics company founded in 2000 that became one of the largest Indian mobile phone manufacturers. It uses penetration pricing and sources products from China to offer affordable smartphones and basic phones. While it focuses on rural markets in India, Micromax uses celebrity endorsements and online/sports marketing to increase its brand image. It faces threats from other low-cost brands but has opportunities in India's growing low-end mobile phone market.
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It is now India's largest mobile handset company. Micromax has expanded beyond mobile phones to also produce tablets, LED TVs, and data cards. It aims to capture a larger share of India's urban markets and expand internationally. While Micromax dominates rural Indian markets by providing affordable smartphones and feature phones, it faces challenges in building its brand recognition and competing against global competitors in urban areas.
Micromax is an Indian electronics company that began as an IT software firm in 2000. It is now the 12th largest handset manufacturer globally and India's 3rd largest mobile brand. Micromax utilizes various IMC tools in its marketing, including television, newspaper and online advertising, direct marketing events, and social media marketing. It segments the market into rural, professional, youth, and multimedia groups and targets low-income, young, and female consumers by positioning itself as a lower-cost alternative to Samsung and Nokia.
Advertisement strategy for micromax canvas 4Koneru Harsha
Micromax is an Indian electronics company that wants to promote its new Canvas 4 smartphone. It aims to position itself as a premium brand that can challenge Samsung's dominance in India. The advertising campaign's objectives are to increase sales and market share while changing Micromax's image from a cheap knockoff to a premium brand. The target audience is technology-savvy youth and professionals aged 18-40 living in tier 1-3 cities. The campaign will run continuously for 3 months across TV, print, and digital media, emphasizing the phone's advanced features through rational and emotional appeals. The total budget is 15 crores with 7 crores allocated to media spending.
Micromax is an Indian electronics company that began as a software company in 1999. It entered the mobile handset business in 2008 and became the largest Indian mobile company by 2010. Micromax has over 1900 employees across India and internationally. While it currently dominates the rural mobile market, Micromax's strategy is to improve visibility and brand awareness in urban markets through innovative products at affordable prices and expansion into related product categories like tablets and LED TVs.
Micromax is an Indian mobile company founded in 2000 with headquarters in Gurgaon, Haryana. It produces mobile phones, smartphones, tablets, and LED TVs and serves markets in India, Russia, Nepal, Sri Lanka, and Bangladesh. Micromax focuses on low-cost offerings and has established a strong presence in rural India through effective celebrity promotions. It aims to expand its market share and enter more international markets. Key competitors include Samsung, Nokia, Lava, and local Chinese manufacturers. Strengths are low prices, rural support, and brand recognition. Weaknesses include weak urban presence and perceptions of low quality.
Micromax is an Indian electronics company that began as an IT software firm in 2000. It entered the mobile handset business in 2008 and quickly became one of the largest Indian mobile companies by offering affordable innovations. Micromax is now the 12th largest global handset manufacturer and India's 3rd largest mobile brand. It focuses on low-cost smartphones and feature phones and has become the second largest smartphone seller in India behind Samsung. Micromax continues to diversify its product portfolio beyond mobile phones into tablets, data cards, LED TVs, and home theaters.
Micromax is India's third largest mobile phone manufacturer that began in 2008 by targeting rural markets. It now aims to expand its presence in India and internationally. This market plan outlines Micromax's strategies to increase its market share within India to 20% by opening a new production plant. It also aims to enter international markets like neighboring countries in South Asia and Africa. The plan details Micromax's product portfolio targeting various segments, and promotional strategies involving advertisements, partnerships, and improved distribution channels to build its brand in urban Indian markets.
Micromax is launching the Canvas 2 HD smartphone and requires a PR communications plan to support this. The plan includes traditional and social media strategies to position Micromax as the preferred brand for youth and establish high brand recall. The objectives are to showcase Canvas 2 HD and Micromax's commitment to affordable innovation. The plan includes campaigns centered around Holi, an art competition, flash mobs, and blogger events, targeting youth in Delhi. The estimated budget is Rs. 74.5 lakhs over 6 months.
Micromax is an Indian smartphone manufacturer founded in 2008 that focuses on the rural Indian market. Their goals are to develop new technologies, incubate new markets, and become a trusted market leader through innovation. Some of their innovations include phones with 30-day battery life, dual-SIM phones, and phones that can control home appliances. They target both rural and urban markets, including women, young people, and executives. Micromax has been successful through strategic partnerships, nationwide distribution networks, and affordable yet high-quality products.
Samsung & Micromax -comparative Marketing analysis of Mobile handset industry RAHUL KUMAR
This document provides profiles of some of the major players in the Indian mobile handset industry. It discusses Micromax, which has a 22% market share and was founded in 2008, pursuing a low-cost strategy. Samsung has a 20% market share and was established in India in 1995. It is known for innovative smartphones. Gionee focuses on R&D, production and sales of mobile devices. Nokia, now owned by Microsoft, was previously a leader but struggled in the smartphone market, partnering with Microsoft in 2011. The profiles provide background on each company's founding, product lines, market share and strategies in the Indian mobile handset industry.
Micromax is one of the leading Indian mobile phone manufacturers with headquarters in Gurgaon, India. It started manufacturing phones in 2010 and has grown rapidly, establishing 23 domestic offices and international offices in several countries. Micromax offers a wide range of affordable phones and was the first company to introduce phones with long battery life, dual SIM cards, and other innovative features. It focuses on rural areas for most of its sales. To support its growth, Micromax plans to expand its distribution network and service centers.
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It is now India's largest domestic mobile phone manufacturer. Micromax's mission is to develop innovative technologies that enhance customers' lives while their vision is to be a trusted market leader. They have over 1900 employees across India and international offices in Hong Kong. While Micromax produces affordable phones, it faces competition from other national and international brands. It aims to expand into new markets and technologies like 4G, wearables and virtual reality.
Micromax is one of the leading Indian mobile phone manufacturers with headquarters in Gurgaon, India. It started manufacturing phones in 2010 and has grown rapidly, establishing 23 domestic offices and international offices in several countries. Micromax offers a wide range of affordable phones and was the first company to introduce phones with long battery life, dual SIM cards, and other innovative features. It focuses on rural areas for most of its sales. To support its growth, Micromax plans to expand its distribution network and service centers.
Micromax is an Indian electronics company and the 10th largest mobile phone manufacturer globally. Founded in 2000 as a software company, Micromax entered the mobile phone business in 2008 and became the largest Indian mobile phone brand by 2010. Micromax produces mobile phones, tablets, computers and other electronics. It has global operations and manufacturing units in India. Though initially focused on rural feature phones, Micromax is now India's second largest smartphone brand behind Samsung. Keys to Micromax's success have been frequent new product launches, innovative features, low prices, effective promotion and being an Indian manufacturer.
Micromax was once India's top smartphone brand, holding a 22% market share in 2014. However, several factors led to its decline, including increased competition from Chinese smartphone makers that used the same factories as Micromax. Management issues also hurt Micromax as it struggled to differentiate itself and faced resignations in top leadership. By 2015, Micromax's market share fell significantly as Chinese brands like Xiaomi and Lenovo partnered with e-commerce companies to gain market share through low prices and online sales channels. Ultimately, Micromax's failure to secure new funding and adapt its strategy in the face of strong Chinese competition led to its fall from the top position in India's smartphone market.
Micromax is a leading Indian mobile company with domestic offices across India and internationally. Its headquarters is in Gurgaon, India and it has over 125,000 retail outlets nationwide. Micromax was founded in 2000 and started manufacturing mobile phones in 2008 with a focus on low pricing and long battery life. It initially sourced phones from China but now manufactures domestically in India. Micromax is currently the second largest mobile company in India with a 19.1% market share gained in just three years from 2010 to 2013.
Micromax uses various integrated marketing communication tools to promote its mobile phones, including advertising, direct marketing, internet marketing, sales promotion, publicity/public relations, and personal selling. Some key tactics are:
1) Advertising through television, newspapers, billboards, and sponsoring cricket tournaments and Bollywood events.
2) Direct marketing through mail campaigns and booth promotions at festivals.
3) Internet marketing on their website and social media like Facebook and YouTube.
4) Sales promotions like contests where winners can visit film sets and price discounts on feature-rich phones.
5) Publicity through press releases about new product launches and events.
6) Personal selling by sales representatives and
Micromax realized unmet needs in the Indian mobile market that larger MNC brands had not addressed. It targeted rural and then urban markets with affordable, feature-rich phones like dual-SIM and long battery life models. Micromax differentiated itself through first-to-market phones and spent aggressively on marketing. This strategy of identifying latent consumer needs made Micromax India's third largest mobile brand by volume sales behind Nokia and Samsung.
Micromax is an Indian smartphone manufacturer that has grown rapidly since 2008 to become the third largest manufacturer in India. It aims to expand its presence within India and internationally. As part of its expansion plan, Micromax is launching an IPO to raise funds. Currently, Micromax dominates the rural Indian market and wants to increase its market share in urban areas. It faces competition from established brands like Nokia and Samsung. Micromax performs SWOT and competitive analysis to identify opportunities like expanding in urban and international markets, and threats like increasing competition.
This will enrich your knowledge about the key facts of downfall of micromax - indian mobile giant. This don't cover the detailed report but will give you an overview.
Micromax is an Indian electronics company founded in 2000 that became one of the largest Indian mobile phone manufacturers. It uses penetration pricing and sources products from China to offer affordable smartphones and basic phones. While it focuses on rural markets in India, Micromax uses celebrity endorsements and online/sports marketing to increase its brand image. It faces threats from other low-cost brands but has opportunities in India's growing low-end mobile phone market.
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It is now India's largest mobile handset company. Micromax has expanded beyond mobile phones to also produce tablets, LED TVs, and data cards. It aims to capture a larger share of India's urban markets and expand internationally. While Micromax dominates rural Indian markets by providing affordable smartphones and feature phones, it faces challenges in building its brand recognition and competing against global competitors in urban areas.
Micromax is an Indian electronics company that began as an IT software firm in 2000. It is now the 12th largest handset manufacturer globally and India's 3rd largest mobile brand. Micromax utilizes various IMC tools in its marketing, including television, newspaper and online advertising, direct marketing events, and social media marketing. It segments the market into rural, professional, youth, and multimedia groups and targets low-income, young, and female consumers by positioning itself as a lower-cost alternative to Samsung and Nokia.
Advertisement strategy for micromax canvas 4Koneru Harsha
Micromax is an Indian electronics company that wants to promote its new Canvas 4 smartphone. It aims to position itself as a premium brand that can challenge Samsung's dominance in India. The advertising campaign's objectives are to increase sales and market share while changing Micromax's image from a cheap knockoff to a premium brand. The target audience is technology-savvy youth and professionals aged 18-40 living in tier 1-3 cities. The campaign will run continuously for 3 months across TV, print, and digital media, emphasizing the phone's advanced features through rational and emotional appeals. The total budget is 15 crores with 7 crores allocated to media spending.
Micromax is an Indian electronics company that began as a software company in 1999. It entered the mobile handset business in 2008 and became the largest Indian mobile company by 2010. Micromax has over 1900 employees across India and internationally. While it currently dominates the rural mobile market, Micromax's strategy is to improve visibility and brand awareness in urban markets through innovative products at affordable prices and expansion into related product categories like tablets and LED TVs.
Micromax is an Indian mobile company founded in 2000 with headquarters in Gurgaon, Haryana. It produces mobile phones, smartphones, tablets, and LED TVs and serves markets in India, Russia, Nepal, Sri Lanka, and Bangladesh. Micromax focuses on low-cost offerings and has established a strong presence in rural India through effective celebrity promotions. It aims to expand its market share and enter more international markets. Key competitors include Samsung, Nokia, Lava, and local Chinese manufacturers. Strengths are low prices, rural support, and brand recognition. Weaknesses include weak urban presence and perceptions of low quality.
Micromax is an Indian electronics company that began as an IT software firm in 2000. It entered the mobile handset business in 2008 and quickly became one of the largest Indian mobile companies by offering affordable innovations. Micromax is now the 12th largest global handset manufacturer and India's 3rd largest mobile brand. It focuses on low-cost smartphones and feature phones and has become the second largest smartphone seller in India behind Samsung. Micromax continues to diversify its product portfolio beyond mobile phones into tablets, data cards, LED TVs, and home theaters.
Micromax is India's third largest mobile phone manufacturer that began in 2008 by targeting rural markets. It now aims to expand its presence in India and internationally. This market plan outlines Micromax's strategies to increase its market share within India to 20% by opening a new production plant. It also aims to enter international markets like neighboring countries in South Asia and Africa. The plan details Micromax's product portfolio targeting various segments, and promotional strategies involving advertisements, partnerships, and improved distribution channels to build its brand in urban Indian markets.
Micromax is launching the Canvas 2 HD smartphone and requires a PR communications plan to support this. The plan includes traditional and social media strategies to position Micromax as the preferred brand for youth and establish high brand recall. The objectives are to showcase Canvas 2 HD and Micromax's commitment to affordable innovation. The plan includes campaigns centered around Holi, an art competition, flash mobs, and blogger events, targeting youth in Delhi. The estimated budget is Rs. 74.5 lakhs over 6 months.
Micromax is an Indian smartphone manufacturer founded in 2008 that focuses on the rural Indian market. Their goals are to develop new technologies, incubate new markets, and become a trusted market leader through innovation. Some of their innovations include phones with 30-day battery life, dual-SIM phones, and phones that can control home appliances. They target both rural and urban markets, including women, young people, and executives. Micromax has been successful through strategic partnerships, nationwide distribution networks, and affordable yet high-quality products.
Samsung & Micromax -comparative Marketing analysis of Mobile handset industry RAHUL KUMAR
This document provides profiles of some of the major players in the Indian mobile handset industry. It discusses Micromax, which has a 22% market share and was founded in 2008, pursuing a low-cost strategy. Samsung has a 20% market share and was established in India in 1995. It is known for innovative smartphones. Gionee focuses on R&D, production and sales of mobile devices. Nokia, now owned by Microsoft, was previously a leader but struggled in the smartphone market, partnering with Microsoft in 2011. The profiles provide background on each company's founding, product lines, market share and strategies in the Indian mobile handset industry.
Micromax is one of the leading Indian mobile phone manufacturers with headquarters in Gurgaon, India. It started manufacturing phones in 2010 and has grown rapidly, establishing 23 domestic offices and international offices in several countries. Micromax offers a wide range of affordable phones and was the first company to introduce phones with long battery life, dual SIM cards, and other innovative features. It focuses on rural areas for most of its sales. To support its growth, Micromax plans to expand its distribution network and service centers.
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It is now India's largest domestic mobile phone manufacturer. Micromax's mission is to develop innovative technologies that enhance customers' lives while their vision is to be a trusted market leader. They have over 1900 employees across India and international offices in Hong Kong. While Micromax produces affordable phones, it faces competition from other national and international brands. It aims to expand into new markets and technologies like 4G, wearables and virtual reality.
Micromax is one of the leading Indian mobile phone manufacturers with headquarters in Gurgaon, India. It started manufacturing phones in 2010 and has grown rapidly, establishing 23 domestic offices and international offices in several countries. Micromax offers a wide range of affordable phones and was the first company to introduce phones with long battery life, dual SIM cards, and other innovative features. It focuses on rural areas for most of its sales. To support its growth, Micromax plans to expand its distribution network and service centers.
Micromax is an Indian electronics company and the 10th largest mobile phone manufacturer globally. Founded in 2000 as a software company, Micromax entered the mobile phone business in 2008 and became the largest Indian mobile phone brand by 2010. Micromax produces mobile phones, tablets, computers and other electronics. It has global operations and manufacturing units in India. Though initially focused on rural feature phones, Micromax is now India's second largest smartphone brand behind Samsung. Keys to Micromax's success have been frequent new product launches, innovative features, low prices, effective promotion and being an Indian manufacturer.
Micromax Informatics Ltd? Is Micromax still on your mind?
Micromax was a popular phone in the budget segment and helped it establish itself as a local brand. In 2014, the company's sales crossed the $1 billion mark for the first time, and it was ranked as the tenth largest smartphone vendor in the world, with a market share of 2.4%.
Micromax, which once held a significant share of the mobile phone market, has faced a sharp decline in recent years. But why they are failing?
I created a detailed business case study analysis of why Micomax is losing its market.
Share your opinion in the comments section on whether you think Micromax will be able to regain its lost achievements...
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It has since become the largest Indian mobile phone manufacturer. Micromax sells around 1.3 million phones per month through 100,000 retail outlets across India. In addition to phones, Micromax produces tablets and LED televisions. While Micromax dominates the rural market, it aims to expand its presence in urban areas and capture a larger share of the youth market through innovative new models and technologies at affordable prices.
Micromax is an Indian electronics company that began as a software company in 1999 and entered the mobile handset business in 2008. It is now India's largest domestic mobile company, selling around 1.3 million handsets per month. Micromax has expanded beyond mobile phones to also produce tablets, LED TVs, and other consumer electronics. While successful in rural India, Micromax aims to increase its presence in urban areas and capture more of the youth market through innovative new low-cost products and a stronger brand image.
all the points related to micromax is discussed here
from products earlier provided by them and now also
drawbacks of micromax
reasons of failure of micromax
This document summarizes an internship under Professor Sameer Mathur of IIM Lucknow. The internship covered topics like presentation skills, marketing insights, and case study analyses. Modules included understanding marketing management, developing strategies, communicating value, and sustaining growth. A case study on Micromax analyzed its success in India through innovations, affordable products, brand building, and customization. Brand management is shifting from product brands to trusted brands as information access increases customer power over channels and retailers.
1. Micromax is an Indian mobile phone manufacturer that started as an embedded software firm and later expanded into distributing computer peripherals.
2. The document analyzes customer satisfaction towards Micromax mobiles through surveys of users. It finds that Micromax targets lower income users, especially in rural areas, with low cost yet innovative products.
3. While Micromax has strengths like low costs, effective promotion, and innovative features, it faces threats from competition and risks having its business model copied by others. The document provides suggestions like improving durability, advertising, and customer service.
Samsung has grown to become the largest smartphone manufacturer in the world, starting from humble beginnings in South Korea in the 1970s. It launched its first mobile phone in 1988. Through the 1990s and 2000s, Samsung saw major growth in market share through innovation, quality improvements to meet Motorola's standard, and aggressive marketing. It is now the dominant player in both the global and Indian smartphone markets, holding approximately half of both markets as of 2012-2013. However, Samsung faces strong competition from Apple, Nokia, Sony, and others.
This document discusses Samsung's innovation strategy in the smartphone market. It analyzes Samsung's current strategy of being a "fast follower" rather than an innovation leader. The document then examines how Samsung could leverage its resources and capabilities to gain a leadership position in innovation with the emerging 5G technology. Key factors like innovation strategy, resources, capabilities, and processes are assessed to identify gaps between Samsung's current position and what is needed to be a 5G innovation leader. Recommendations are made for how Samsung can utilize its patent portfolio and manufacturing strengths to set new standards with 5G.
Samsung is a global electronics company founded in 1969 in South Korea. It became the world's largest mobile phone maker in 2012 and sells a variety of consumer electronics products worldwide. Samsung uses global marketing strategies to adapt to different country conditions. It has a strong brand and global presence with offices and manufacturing facilities around the world. While threats include increasing competition, Samsung's strengths such as its experience, brand, and customer base outweigh its weaknesses. With opportunities in growing markets, Samsung is well positioned for continued success if it properly leverages its strengths.
Marketing strategy of sony,micromax and samsungpriyanka Garg
India has over 900 million mobile phone users and is the second largest mobile market in the world. Major phone companies in India include Samsung, Micromax, and Sony. The document analyzes the marketing strategies of these three companies. It finds that Micromax focuses on the rural market and uses penetration pricing, while Sony targets niche segments and focuses on profits over market share. Samsung employs both skimming and penetration pricing strategies. Micromax has the largest market share in India at 22%, followed by Samsung at 20%.
Samsung is a large South Korean electronics company that is the world's largest manufacturer of mobile phones. Micromax is an Indian electronics company that started as an IT software firm and later entered the mobile handset business, becoming one of the top mobile phone brands in India. According to the document, Samsung had a 28% market share of mobile phone sales in India in 2013, compared to Micromax's 23% market share. The document provides overviews of Samsung and Micromax's products, pricing, placement, and promotion strategies in the Indian mobile phone market.
Marketingmanagement o samsung and micromax by nehal gaonkar-phpapp01Nehal Gaonkar
The document compares the strategic branding and marketing of Samsung and Micromax in the Indian mobile handset market. It finds that while Samsung remains the overall market leader, Micromax has surpassed it in the smartphone segment of the market due to its strategy of providing affordable smartphones with multiple functions. Both companies employ umbrella branding and celebrity endorsements. However, Micromax has gained ground through its penetration pricing strategy and presence in more retail outlets across India that has helped it achieve a competitive edge, especially in the price-sensitive market.
Samsung is a South Korean multinational electronics company founded in 1938. It initially manufactured electronic appliances but later expanded into smartphones. Samsung launched its first Android-based smartphone, the Galaxy Nexus, to compete in the growing smartphone market. In India, Samsung focuses on diversifying its product range, continuous innovation, and understanding consumer needs. It appoints Aamir Khan as its brand ambassador and aims to launch 3-4 new phones monthly to strengthen its portfolio. Samsung has a large distribution and retail network in India. Its strengths include its brand reputation and product variety, though it faces threats from competitors and potential oversupply.
Micromax is an Indian mobile company founded in 2000. It began as an IT software company and launched its first mobile phone, the Xi, in 2008. Since then, Micromax has grown to become one of the largest mobile phone companies in India, holding an 8% market share nationally and entering new product categories like smartphones and tablets. The document provides details on Micromax's history, product portfolio, competitors, and strategies for continued growth.
Micromax is a leading Indian mobile phone company that started as a software firm in 1991 and entered the mobile phone market in the 2000s. It has grown to become one of the top mobile phone brands in India, with a wide product range including smartphones, feature phones, tablets, and other consumer electronics. Micromax faces challenges from strong competition domestically and internationally but is focusing on expanding its brand recognition and distribution channels both within India and globally.
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1. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
1 INTRODUCTION
Micromax Informatics Limited is one of the leading consumer electronics company in
India, and the 10th largest mobile phone player in the world. Over the past decade,
Micromax has pioneered the democratization of technology in India - by offering
affordable innovations through their product offerings and removing barriers for large
scale adoption of advanced technologies. Micromax is currently the 2nd largest
Smartphone company in India. Micromax is a brand which is close to the heart of the
youth, and celebrates the vibrancies of life and empowerment.
Products
Micromax products have become an extension of the Indian youth's lifestyle and
dynamism. Like Smartphones, Feature Phones, Tablets, Laptops, Datacards,
Consumer Electronics, LED TV, Monitors, & Commercial Display Units. The
company has many firsts to its credit when it comes to the mobile handset market;
including the 30-day battery backup, Dual SIM Dual Standby phones, QWERTY
keypads, universal remote control mobile phones & first quad-core budget smart
phone. The brand's product portfolio embraces more than 60 models today, ranging
from feature rich, dual-SIM phones, 3G Android smartphones, tablets, LED
televisions and data cards.
Micromax sells around 2.3 million Mobility Devices every month, with a presence in
more than 560 districts through 1, 25,000 retail outlets in India.
Network & reach
With sales presence across India and global presence in Russia and SAARC markets,
the Indian brand is reaching out to the global frontier, with innovative products that
challenge the status quo.
PG Department of Management Studies & Research Centre Page 1
2. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
2 HISTORY
Micromax was incorporated as Micromax Informatics Ltd. on 29 March 2000 as an IT
software company working on embedded platforms by the four people Mr.Rahul
Sharma, Mr.Vikas Jain, Mr.Sumeet Arora, & Mr.Rajesh Agarwal. Till 2008 they
didn’t thought of coming to mobile manufacturing and selling. It started selling
mobile telephones in 2008, focusing on low pricing to compete with international
brands.
Micromax's co-founder Rahul Sharma once saw a public call office being powered
by a truck battery because of frequent power cuts in its locale. It prompted him to
launch a feature telephone with an extended battery life. Micromax launched X1i, its
first telephone with a month-long battery back-up and came with lot of innovations in
mobiles in the gap of 2 years. And became the largest Indian domestic mobile
handsets company by 2010 and 10th
largest mobile phone player in the world.
In 2014, Micromax's sales exceeded those of Samsung to become the mobile
telephone manufacturer shipping the most telephones in one quarter in India. On 24
January 2014, Micromax became the first Indian mobile company to start sales in
Russia. Now in terms of brand it is the 3rd
largest mobile brand in the India which is
trusted by the customer in the span of 5 years.
Now Micromax come in television market with the launch of LED TV 24-inch to 55-
inch range. Micromax has set up a one lakh square feet manufacturing. It has
production capacity of 2,000 LED per day. Led TV of 24 inch from Micromax market
price 15,990 and full HD smart TV 55 inch 1,29990 . Recently it moved to₹ ₹
Datacards also.
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3. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
3 VISION, MISSION & VALUES
Vision
To be amongst the top 5 mobile device brands in the world.
Mission
We will adapt and innovate to provide unique consumer experiences, based on:
• Strong, engaged customer communities
• Insightful analytics
• Win-win partnerships
• World-class capabilities
Core values
• Customer-first
Putting the customer first when taking decisions
We don't invest in things that don't matter to customers
• Entrepreneurship
Identifying opportunities, being nimble, passionate and taking risks
• Inclusiveness
Being respectful, collaborative and embracing diversity
• Execution
Managing by facts, cross-functional working, end-to-end ownership, and speed /
timely action
• Innovation
Creative disruption, learning, and embracing change in all dimensions of business
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4. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
4 STRATEGIES
Micromax has been focused in earlier stages in rural areas with feature phones
because when we consider Indian market major population lies on rural area which is
a huge market by itself. But know we can see change of strategy by moving towards
Smartphone's which have great response over the entire Indian market. As per records
of 2013, Micromax Smartphone’s is second best selling there after Samsung, in India.
Following are the main marketing strategies which Micromax used;
1. Sponsoring Indian Cricket Matches
Micromax knew that Indian people love cricket more than any other game and serial.
So they took the title from Hero Honda and did sponsor a lot of series. With this
strategy they reached to millions of customers. In 2014-15 they paid 20m INR to
BCCI per match. So they know where and why they are putting that much amount.
2. Reach to Indian market
Soon after launching their own mobile handsets in the market they started opening
outlets all across Indian cities. They opened outlets and service centers more
aggressively than any other mobile company even beating Nokia. Through this they
become a household name in all cities and quickly made its own identity.
3. Right product strategy
Micromax knows what Indian wants. Sasta and Tikau. Who understands this line
more than Indian and this is what Micromax does. Right product at right time at right
price. Of course their product’s quality is lesser than that of Nokia and Samsung but
the product lives of all companies are same. Who keeps a mobile handset more than
one or two years. Every quarter they bring a new handset, only competitor in terms
of launching handset is Samsung. They have product for all categories and for all
type. Now they have started selling product in Russia as well.
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5. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
4. Friendship with Android
This is the major factor which helped Micromax to be big and Nokia to lose.
Micromax didn’t invest lot of money in R&D just like Samsung and Nokia. They
were fully dependent of Open source Android. They do customization and launch it
in the market. As Android has almost 60% of entire smartphone market share their
mobile handset was a obvious choice for middle class family.
5. Introduction of Celebrity
Huge Jackman and Twinkel Khanna helped Micromax to increase their sales,
absolutely not. During our thesis one of my batch-mates was working on Celebrity
and its impact of brand image. I don’t think he/she took example of Micromax but
Micromax hardly took help of any celebrity. They brought Huge Jackman but it was
a flop concept. He came on TV ads for just few months and vanished. So I don’t
think Micromax is thinking about another celebrity in current scenario. If you can
remember AB sir came in Zen Mobile ad, Farhan Akhatar is brand ambassador of
Intex mobile and Hritik Roshan is of OPPO. Did these brand succeed in the market?
Hardly no. So I don’t think introduction of celebrity was a major factor in making
Micromax big and gaining market share.
6. Target marketing
Target on women
On the occasion of Mother's Day, Micromax announced the launch of its latest
Android phone targeted at women.
Target on youth
As smart phones are future of telecommunication industry, Micromax has started
focusing on it strongly. Micromax has provided the cheapest tablet in market to
draw the attention of youth.
Target on Professionals
Professionals usually keep two phones in today’s life one for Professional use & one
for Personal use. So Micromax lunched Dual SIM mobile phones.
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6. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
5 INNOVATIONS
Micromax first entered as hardware distributor and gradually focused to the mobile
handset segment. With a diverse and innovations and innovative marketing strategy,
this mobile phone brand succeeded in nurturing its own identity in the telecom
market. These are the some example of their innovations;
• First Long Battery Life Phone with 30 days battery back up
X1i Marathon Battery phone with 30 days standby time & 17 days Talk time
• First Universal Remote Control Phone
X235 With Universal Remote Control for TV, DVD, AC in your phone
• First Dual SIM Dual mode active Phone (GSM+CDMA)
Micromax GC700 is the first GSM + CDMA Mobile phone
• First Superfone with Gesture Control
Created a new category called ‘Superfone’ with Gesture Control,
powered with 1GHz dual core NVIDIA Tegra 2 Processor
• First Women’s Line of Devices
Q55 Bling phone- First women’s phone with a swivel form and
Swarovski navigation keys.
• First phone with built-in blue tooth
Micromax X450 Van Gogh – A stylish phone that integrates a detachable
Bluetooth headset in its sleek design
• First Gaming Device
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7. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
G4 Gamolution phone with motion sensor gaming like Wi-fi wih touch
screen.
Recent achievement
The success of any Smartphone maker is a direct proportional to the number of brands
it has created for its products. Micromax is planning to launch an IPO of 2.15 crore
shares to raise around Rs 2270 million.
Micromax, according to IDC, has a 4.1 percent market share in India and is now
valued at over $1 billion. M Financial, Citigroup, Edelweiss and Nomura are the book
running lead managers to the issue.
For the year ended March 2013, Micromax had sales of 2,400 crore on selling over
85 lakh handsets, with a net profit of 200 crore, as against revenue and profit of 350
crore and 35 crore respectively for the previous year.
6 SWOT ANALYSIS
Strengths
Launching of new products in market frequently.
Innovative & Featured products.
Low selling price of products.
Effective promotion campaigns
Most phones are Dual/Triple sim phones
Weakness
Micromax has still not been able to establish itself well in the urban market.
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8. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
Micromax has a manufacturing unit set up in china which has sink the name of
Micromax.
Total turnover is less than Samsung.
It has much not good brand value the customer mind as it’s competitors have.
Opportunity
Since Micromax has not yet entered urban market, it has a very huge opportunity to
establish itself in urban market.
Micromax has capacity to make production at global stage. it establishes itself in the
domestic market.
It should entered in laptop/computer market.
Threats
Micromax faces a tough competition from these players Samsung, Sony etc.
Micromax’s business model has been replicated by many new players which again
pose a threat to Micromax.
Customer assumes it’s product as china product.
Low price phones from well known players
7 STP
PG Department of Management Studies & Research Centre Page 8
9. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
Segmentation
Micromax has been focused in earlier stages in rural areas with feature phones
because when we consider Indian market major population lies on rural area which is
an huge market by itself. But know we can see change of strategy by moving towards
Smartphone's which have great response over the entire Indian market.
Target
Micromax succeeded in targeting right groups in the segmented area of urban and
rural. That is low income group, youths, professionals and females by providing them
or offering them different set of featured mobiles. Like X1i Marathon Battery phone
with 30 days standby time & 17 days talk time, Micromax GC700 is the first GSM +
CDMA Mobile phone, Q55 Bling phone- First women’s phone etc.
Positioning
Focus on urban market specially youth 18-25 years. As smart phone is going to be the
future of mobile market, Micromax has started focusing on smart phones as well as
tablets and replacing bigger players by offering at low price with best quality and
features.
PG Department of Management Studies & Research Centre Page 9
10. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
8 Change in Company Logo
Micromax unveiled its new punch logo. The new logo was selected from list of logos
submitted by the participants in creative hunt to revamp logo contest, in association
with Talent house India. The new logo was revealed at the Micromax Asia Cup 2012,
during the India vs. Pakistan match on Sunday, March 18, 2012.
The contest targeted the design community across the virtual world and students from
over 150 colleges and design schools. The contest ran for a span of 2 months
registered over 2500 entries by more than 1500 participants from across the globe.
Out of the entries received, Eric Atkins of USA was announced as the winner of the
contest.The winner of the online contest was rewarded with a MacBook Pro and
recognition on the Company’s website. The entire Micromax branding was revamped.
Old logo
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11. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
New logo
9 COMPETITORS
Micromax mobile manufacturer is putting up some tough competition for big brands
like Samsung, Lava and Sony as the latest numbers from the International Data
Corporation (IDC) show.
The Q2 numbers for 2013 are out and what is noticeable is that Samsung, which in Q1
of 2013 had a market share of 32 percent, is facing some serious competition from
home grown vendors such as Micromax. Samsung is still number one in the Indian
Smartphone market but its share has fallen to 26 percent.
Samsung is the biggest challenger to Micromax. Micromax also shipped 2 million
devices this quarter and its Canvas range has done well to boost the company’s
volume share.
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12. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
Samsung
Samsung was formed in 1938 by Lee Byung-chull as a trading company based in Su-
dong. The small company started as a grocery, trading goods produced in and around
the city as well as its own noodles. The company grew and soon expanded to Seoul in
1947 but left once the Korean War broke out. After the war, Lee expanded in to
textiles and built the largest woolen mill in Korea.
The successful diversification became a growth strategy for Samsung, which rapidly
expanded in to the insurance, securities, and retail business.
Lava
LAVA International Ltd is one of the fastest growing mobile handset companies in
India. Established in 2009, Lava has emerged as a dominant player in the market;
having consolidated its position amongst the top 3 Indian brands in slightly more than
3 years of its market presence. With "Create Possibilities" as its guiding principle,
LAVA has embarked on an ambitious journey of empowering every human with
quality innovative products.
10 Key of success
Two things I felt Micromax is good at are Marketing and Understanding Consumer
requirements. They were completely successful in marketing their Brand as different
class from similar counterparts who also do same thing as micromax does. Silver
lining for their campaign is bringing in Hugh Jackman as brand ambassador.
Following are the reason for their success.
• Good technology
Originally, the company sourced all its mobile phones from China. However,
since April 2014, they have started manufacturing mobile phones and tablets at
their facility in Rudraprayag, Uttrakhand. Even smart phone giant Apple also have
PG Department of Management Studies & Research Centre Page 12
13. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
manufacturing its plant in china(Foxconn) Labor and raw materials comparatively
less in china.
• Low price
Delivering the right value at the right price seems to be the core of the company’s
strategy. It does this by ensuring it has enough offerings in a hyper-competitive
market and basing its products on off-the-shelf technology (which is always
cheaper than a proprietary one).
• Advertisement
They used strategies of getting involved during cricket matches where all Indians
love to watch cricket. And they spent huge amount on tv advertisement rather in
others.
• Innovation
Micromax never stopped there innovation in the products. They didn’t bother
about whether it sells in market or not. This made them known to the public and
they tasted the successes.
• Indian Manufacturer
As it is Indian company it gained the favor of all Indian citizens.
11 CONCLUSION
Improve in customer service centers
Adopt advance Technology
Improve in Smartphone
Think about diversification
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14. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
Support “make in Indian”
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15. A BIRD EYE VIEW ON MICROMAX INFORMATICS LTD
BIBLIOGRAPHY
http://www.micromaxinfo.com/about-us
http://topbullets.com/2015/01/31/a-case-study-on-micromaxs-mobile-marketing-
strategies-how-did-it-become-big-in-indian-market/
https://en.wikipedia.org/wiki/Micromax_Informatics
http://www.gizbot.com/mobile/micromax-mobile-phone-innovation-030611-
aid0161.html
PG Department of Management Studies & Research Centre Page 15