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.
Brand Dossier of Micromax and Hypothesis Testing Punit Kishore
History of Micromax
Positioning and repositioning
Advertising
Segmentation
Product analysis
Competitors
Distribution strategy
Competition tackling strategy
Future directions
Data analysis tool
Sampling plan & sample size
Hypothesis testing
Hypothesis and its justification
Summary & net take away
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.
Brand Dossier of Micromax and Hypothesis Testing Punit Kishore
History of Micromax
Positioning and repositioning
Advertising
Segmentation
Product analysis
Competitors
Distribution strategy
Competition tackling strategy
Future directions
Data analysis tool
Sampling plan & sample size
Hypothesis testing
Hypothesis and its justification
Summary & net take away
This is a sample business plan for an investor pitch (of a leading mobile handset brand in India).
It captures all the requisite elements of a business plan that the VCs / PEs would be interested in.
This is a sample business plan for an investor pitch (of a leading mobile handset brand in India).
It captures all the requisite elements of a business plan that the VCs / PEs would be interested in.
Decision Making PowerPoint PPT Content Modern SampleAndrew Schwartz
164 slides include: the 6 C's of decision making, inherent personal and system traps, decision trees, decision making methods and tips, 4 slides on the GOR approach to decision making, common pitfalls in decision making, effective strategies in making decisions, the 8 major decision making traps and how to effectively minimize each, different decision making perspectives, 3 different types of analysis (grid analysis - paired comparison analysis, and cost/benefit analysis), utilizing planning and overarching questions, 4 modes of decision making and 6 factors in decision making plus more.
ReadySetPresent (Decision Making PowerPoint Presentation Content): 100+ PowerPoint presentation content slides. Successful and effective strategic decision making is a guarantee to increase productivity in every workplace. Decision Making PowerPoint Presentation Content slides include topics such as: the 6 C’s of decision making, inherent personal and system traps, 10+ slides on decision trees, 10+ slides on decision making methods and tips, 4 slides on the GOR approach to decision making, 8 slides on common pitfalls in decision making, 4 slides on effective strategies in making decisions, 35+ slides on the 8 major decision making traps and how to effectively minimize each, 7 slides on different decision making perspectives, 25 slides on the 3 different types of analysis (grid analysis – paired comparison analysis, and cost/benefit analysis), 4 slides on utilizing planning and overarching questions, 4 modes of decision making and 6 factors in decision making and more!
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
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...
1. MICROMAX
BACKGROUND:
Micromax is an Indian consumer Electronics Company headquartered in Gurgaon, Haryana, India. It
is in the business of manufacturing of Mobile Telephones, Tablet Computers, 3G Data cards and
LED Televisions.
Micromax started as an IT software company in 2000 and worked on embedded platforms. It entered
the mobile handset business, and became one of the largest Indian domestic mobile handsets
company operating in low cost feature phone segments by 2010.
Micromax was incorporated as Micromax Informatics Ltd. on 29 March 2000.They started
manufacturing mobile phones in 2008 with a focus on low pricing, in order to compete with
international brands.
Micromax has presence in more than 560 districts through 125,000 retail outlets in India. The
company has sales presence spread across the SAARC markets including Bangladesh, Sri Lanka and
Nepal. On 24 January 2014, Micromax became the first Indian mobile company to start sales in
Russia.
LEADING COMPETITORS AND ESTIMATED MARKET SHARE ALONG WITH YOUR
PRODUCT:
Leading competitors for Micromax in India is Samsung.
Other competitors are Karbonn, Lava, Nokia, LG, Motorola, Sony, Apple etc..,
According to International Data Corporation (IDC) August 2014 report
Samsung is the major Lead competitor to Micromax in India, which is having market share of
29%.
According to report Micromax is the second largest in India which is holding 18% market
share.
Karbonn is holding 8%, Lava is holding 6% and others are holding 39% market share.
M.V.SAIMAHESH
13BSP1569
SEC-C
PRODUCT
MANAGEMENT –CE5
2. MOST IMPORTANT CUSTOMERS FOR MICROMAX:
People whose income is low.
People who are tech oriented.
People who wants more features in low end price.
People who are looking for value to the product.
SEGMENTATION INTERMS OF DEMOGRAPHIC OF THE CUSTOMERS:
Company is main targeting the low income customers.
Company is main targeting and segmenting the product to the age group of 15-30.
Micromax is mainly segmenting their product with respect to Income group, Age group, and
Gender group.
TECHNOLOGY INVOLVES:
High end camera revolution for low price.
Advanced processor.
More battery backup life.
High end RAM for better performance.
Latest OS (Operating System) versions. And many more…
WHAT SHOULD COMPANY PLANS FOR NEW PRODUCT:
For new product launch, company should take care that there product is better than
competitors with respect to features, price and service.
The new product must be better and updated than their old product.
It has to give tough competition to their competitors with respect to new product.
Company has to empower the customers’ requirements before designing the product.
Company plan to release their product before their competitor launches it.