Looking for good employees is one of the most important tasks of Xiaomi senior. They define good employees are: high efficiency, high enthusiasm and experience. So, when a good team formed by excellent people, it does not require much management. Based on this talent foundation, Xiaomi Company established the following management structure. See the following diagram:
Diagram 3: Organization structure
Third layer
First layer
Second layer
One of the founders
leader
Engineers
Engineers
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leader
Engineers
Engineers
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One of the founders
leader
Engineers
Engineers
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We can clearly see that except seven executives, there are no more managers in Xiaomi Company. It brings effect
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It cannot explain all the situations. Because we do not consider the compatibility, the brand, the country, the consumer groups, the industrial design and other issues. But precisely exclude the above factors, we found that the cost performance of Xiaomi are higher than Apple. So, how does Xiaomi to develop its market in this environment? We analyze their market model.
Market model
At first, Xiaomi 's product launch is very special, very high profile. For example, they use the ticket revenue to subsidize the public interest organizations. This will not only be a good product promotion, but also can enhance their brand.
Secondly, and it is also a very important point-- the low-cost strategy. The low-priced products can be accepted by the market quickly and with the high-volume sales to reduce the costs. Thus, it can get a long-term and stable market position and prevent competitors’ tiny profits, enhance their market competitiveness.
We can see from the diagram 7 that 54.37% of the consumer 's Ideal for purchase price is 1000-2000RMB. Therefore, when the Xiaomi phone just listed, each phone 1999RMB price, there is a big attraction for those who want to use smart phones but have to worry about the
DAPTS CONSULTANTS ® REPORT ON BELL CANADA ENTERPRISE (BCE) COMPILED BY: PRABHLEENGREWAL TARANDEEP ANIKET GUPTA SOHAIL DEEPAK GABA SAMARVEER SINGH KAMRA PRATEEK SINGH Contents INTRODUCTION 3 COMPANY OVERVIEW 3 PRODUCTS AND SERVICES 4 HISTORY 6 REVENUE ACCORDING TO THE SECTORS 9 VISION AND MISSION STATEMENT 10 SWOT ANALYSIS 13 INTRODUCTION Bell Communications Enterprise is the largest communications company in Canada with a subscription of approximately 21 million users out of a population of 35.50 million approximately . Bell deals in all three types of businesses as it provides services to consumers (B2C), business (B2B) and the government (B2G). It is a company known to provide the best quality communication service
After getting this information you must assemble it and make your presentation according to it. Then, you must arrange a meeting with the rising engineers in the
Samsung implements the strategy of “ Red Ocean;” which shows that a firm gains competitive advantage by venture into the current market and constructing on the weaknesses of other competitors in the field of similar products. Thus, Samsung“floods the market with many products” which are made by other companies within short duration of time ( Travos,2002). It seems that Samsung made these new products through developing many of manufacturing products of its Smartphones. However, such attitude is considered to be as a massive cost advantage over other firms that make such product. Samsung has improved its “competition position internationally through developing its present competitive strategies” , through depending on the other manufacturers`
This agreement opened for Apple a new widow to sell their products to the Chinese market. Instead of making cheaper products for the new market, Apple chose to wait until Chinese disposable income increased to levels where Chinese consumers could afford Apple’s main products. Mobile phones are ubiquitous in China. Not only are they a communications device, but more and more, they are becoming an entertainment device. The App Store provides an endless assortment of new apps to play with.
Because Xiaomi´s products are so much more affordable, the market for high-end phones have changed. With their convenience and affordability, Xiaomi basically created a new mass market for smartphones in the emerging countries they´ve expanded
Threat of new entrants (Low) When looking at the threat of entry it would be considered to be relatively low. To enter into an industry that specialises in electronics requires high capital and it can be difficult to compete against current companies. Samsung Electronics have been able to maintain profitability through the differentiation in their products. Within their mobile industry the company often promote this with the release of the Samsung Galaxy S5 being offered as a “fitness phone” with the addition of “a growing range of smart wearables” being an example of
2.0 Introduction Starting with branched out from Binariang GSM Sdn Bhd as a subsidiary, Maxis Communiations Berhad (Maxis) is a service provider company for telecommunications and internet technology in Malaysia. It was begun in 1995 where the company used the dialling prefix identifier of ‘012’, ‘014’ and ‘017’. The company offered 900 and 1800 MHz Global System for Mobile Communications (GSM) band. After that, the company uses the 2100 MHz Universal Mobile Telecommunications System (UMTS) band in July 2005. Besides, Maxis was the first to introduce 3G services in this country.
Organization structure – The whole activies are divided in the department and the responsibility and hirenchy of each department is well defined. However Senior management needs to be more focused on Strategic Initiative rather than Daily Operations .For this it is Important to develop a second Rung of Leadership. Human Resource Plan – The Human resourse plant is defined for all the employee and the system for the recruiting , training & development, benefits and reward is well established.
Normally, consumers have unique needs that are not similar all the times. Therefore, the company must develop products that can address the unique concerns of the consumers. Evidently, Apple Inc. has been successful in the creating variety of products. However, pricing of the Apple Inc. products tend to limit the ability of buyers to purchase the products. While the company might justify the price of the products, setting the prices too high limits the ability of the willing buyer to purchase the
The company is coming up with the wide varities of range and also with a great option. • Demographic Segmentation : In these the micromax mobile are being used by the lower middle class so that they cant afford expensive instruments like Apple and Samsung. The micromax is having wide varities with many features unloaded in them which are there in the expensive cells they cant buy. Many youngster age 16 to 30 are using micromax who cant afford the cell phone which are too expensive.
“buffs” for e.g. customers which can be seen as innovators or early adopters and shoe high interest in every new release of Samsung. These customers are easily enthused by the new technologies like smartphones and other add ons as they are lee price sensitive. Following figure shows the dimension of value creation: Dimension of value creation Pricing tactics Since Samsung is present is present in so many product categories, the company follows a variety of pricing tactics the pricing strategies can be divided to match the product it used for. Skimming strategy with this strategy, Samsung brings a new product in the market, for e.g.S7 edge, initially it uses skimming price for the product, where it tries to get high value in the start before competitors catch the product.
3.0 Macro Environment that Effects Apple Social-cultural, technology, economic, political and legislation is the elements of macro environment that effects Apple which are described as below: 3.1 Social-cultural ITunes is Apple’s biggest virtual media store. In general, the image of the Apple also depicts the modern individual lifestyle, combining function and conception, resulting in brand recognition and commitment. In conditions of the demographic features, Apple is targeting the two major generations. One generation is mainly consists of working adults, where they might sustain a higher and stable income to purchase Apple’s expensive and complex equipment. Thusly, the sophisticated and high-tech Apple products would definitely
With a relatively low investment, Huawei develops products in a short period of time and participates in market competition at a lower
Today, almost every person caries a smart phone with them and some can’t survive the day without it. There are many companies and manufacturers who build smart phones like the popular ones such as Htc, Nokia, Samsung, Apple, Huawei, Motorola, Sony and many more, but what makes those companies not alike are the phones they release through the years, but are they that different? To compare, let us take an example of two leading rival companies in the field of smart phones, Samsung and Apple, who newly released their flagship devices, the Samsung Galaxy Note 4 and the Apple iPhone 6 plus. The Samsung Galaxy Note 4 features a 5.7 inch Super Amoled touch screen, a 16 megapixel back facing camera, an octa core processor with 3 gb of Ram and a 3220 mah battery whereas the Apple iphone 6 plus comes with a 5.5 inch retina display touch screen, an 8 megapixel back facing camera, dual core processor with 1 gb of Ram and a 2915 mah
Xiaomi is the most well known company that succeeded by using the copycat marketing. They used Apple as a model and copied Apple’s devices and designs. As they have fixed ideas that copied products are fake products and cheapie people do not prefer copied products, in addition although at first people criticize products made by copycat marketing they eventually choose to use the copied product if it has efficiency. Many people are aware of copied products and as it is an issue that we can easily access, there are a lot of precedent researches. According to the book “Copycat Marketing 101”, the author Burke Hedges says that copycat marketing is a great marketing strategy when making products.