Top-Rated Free Essay
Preview

Miromax Mobiles

Good Essays
585 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Miromax Mobiles
One of the biggest product technology successes this country has seen lately is that of Micromax Mobile, the mobile handset maker is already the country’s second-largest mobile phone seller. So it was only fitting that at the Grand Finale of TechSparks™ 2011, India’s flagship showcase event for product technology companies, the company’s co-founder Vikas Jain took the stage to a rousing reception.

When Micromax launched its telecommunications operations, the Indian mobile phone market was dominated by leading international phone makers, including Nokia, Samsung, LG, Sony Ericcson and others. But the country was still missing a player who was catering specifically to Indian tastes and flavours, said Vikas. When Micromax began speaking to local customers to identify their needs, it only strengthened their conviction that even as most of the global giants were bringing some of their best-selling models to the Indian market, they weren’t addressing the local needs.

So, Micromax launched its first mobile phone whose key selling point was a battery that lasted 30 days. In a country that suffers from chronic power deficiency, this was an invaluable proposition, said Vikas Jain.

Explaining the company’s popularity especially in the low-end segment, Vikas said that value-for-money-proposition has always been the cornerstone of everything the company does. The company’s engineers, he reveals, are constantly pushing the limits by exploring what a mobile phone can do beyond voice, data and SMS.

TS NEWThis relentless focus on product engineering catering to local needs has served the company well. For example, it was the first in the country to launch a phone that supported two active GSM SIM cards at the same time. Today, a majority of Micromax phones boast this feature, even as competitors struggle to match its pace.

Much of Micromax’s initial focus was on rural markets, revealed Vikas. This, he says, allowed the company to build an unparalleled network of distributors and retailers, that has become the key to its meteoric success.

Today, however, the company is making active forays into urban markets. Its first phone in this segment was the wildly popular Bling, endorsed by Bollywood actor Twinkle Khanna, which was built keeping in mind the style-conscious urban woman. The phone sold more than a million handsets so far in the country, firmly establishing Micromax’s arrival into the urban landscape.

TS NEWIts next target group was the youth. For a group that thrives on 24/7 connectivity, the company released a QWERTY phone featuring several exciting social media applications and chat – minus e-mail. Today, Vikas said, the company counts 7 QWERTY models in its portfolio that support a range of high-end features, serving different market segments.

So, where does Micromax go from here? The company, Vikas revealed, is actively pursuing opportunities in the tablet market. “Our friends at Intel are very interested in working with us on this!” he quips, pointing to Mr. Narendra Bhandari, Director of Intel Software and Services Group(A-PAC), in the audience.

But Vikas is equally excited about the possibilities offered by 3G connectivity. “We believe the next big change is going to come from the application ecosystem fuelled by high-bandwidth connectivity. People want to do a lot of things on the move.” For excited app-developers taking notes in the audience and elsewhere, he cautions “The apps that will do the best, however, are the ones that will serve the daily needs of the consumer.”

So for the Indian mobile phone user – here’s to some appy days!

You May Also Find These Documents Helpful

  • Good Essays

    Stephen Elop announced that the company was to adopt Microsoft’s new but unproven Windows phone as its primary smart phone operating system. The day he made this proclamation the company’s stock dived 14 cents. In order to save the company he made a bold move and entered into a strategic partnership with Microsoft to create new global mobile ecosystem. This strategic partnership led the way to the creation of the Vertu Luxury phone founded by Frank Nuovo.…

    • 732 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Mission Statement

    • 383 Words
    • 2 Pages

    In this case study will discuss the strengths, weakness, opportunity’s and threats of the Vertu Nokia mobile phone. How well the company did and what the company will do to be completive in today’s changing world of mobile phones.…

    • 383 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Case 2- Marketing Mix

    • 440 Words
    • 2 Pages

    Price: Customer’s interested in paying a premium for worldwide cell phone coverage are what the company is looking for and in large volumes.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    3g Services in India

    • 1551 Words
    • 7 Pages

    India’s First 3G mobile service operator MTNL ’s Chief General Manager (Wireless Services-Delhi), A. K. Bhargava pointed out how the problem was not in technology but in ancillary services like billing and customer management. “The customer does not care whether it is 3G or 2G; we have to educate him on what benefits to expect from 3G.” MTNL had fewcustomers to begin with but once the benefits were explained “we had one lakh new 3G customers in just a month”. The higher tariff at the beginning restricted usage but “when tariff came down, customer base multiplied”, he added. His view was that “it was too early to talk of 3G services becoming popular with bottom of the pyramid customers.” But for the service to be profitable, the customer search should include middle level users as well as hi-end ones. The potentialcustomers…

    • 1551 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    HTC Corp. in 2009

    • 12244 Words
    • 49 Pages

    generated a buzz for revealing two new handsets, as well as surprising the world with the…

    • 12244 Words
    • 49 Pages
    Satisfactory Essays
  • Powerful Essays

    Systems

    • 1829 Words
    • 8 Pages

    The digital age has brought revolutionary change – and opportunity – to global business, and Samsung has responded with advanced techno-logies, competitive products, and constant innovation.…

    • 1829 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Xiaomi

    • 1190 Words
    • 4 Pages

    A serial entrepreneur Lei Jun has founded Xiaomi Technology Co Ltd in 2010, which he believes that high-quality technology does not necessary need to cost a fortune. The company has developed remarkable hardware, software and Internet services that are sold directly to customers to keep the price competitive and low. (Xiaomi, About Us) Since Xiaomi have been founded, the company has grown to become the third largest smartphone distributor in the world. (Bloomberg News, 30 Oct 2014)…

    • 1190 Words
    • 4 Pages
    Better Essays
  • Good Essays

    This article is describing about the raising of market share for smart phones and devices from Xiao Mi which is originated from China. Xiao Mi is in the IT industry and it was founded in 6th April 2010, they started producing and release smart phones in August 2011.This article describes the tactics and strategies that are being used by Xiao mi in order to break the stranglehold of Apple and Samsung devices and becoming one of the top five powerhouse. Xiao Mi’s marketing’s concept has been evident in this article will be explained.…

    • 900 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    With a futuristic vision and an exhaustive R&D at its helm, Micromax has successfully generated innovative technologies that have revolutionised the telecom consumerspace.…

    • 3073 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Market Research on Lux Soap

    • 4028 Words
    • 17 Pages

    In recent years, the adoption of mobile phones has been exceptionally rapid in many parts of the world, and especially in India where cellular phones are nowadays almost as common as wrist watches. Being the only industry that remained shielded from the aftermath of the Global Economic Slowdown of 2008-09, the telecom industry is all set to enter the next level of competition.…

    • 4028 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Micromax Questionirie

    • 521 Words
    • 3 Pages

    A. Pricing B. Promotion C. Distribution D. Quality E. Other (specify) 12. Do you think Micromax produces mobiles as per the trend ? A.…

    • 521 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Mobilelink Assinment

    • 2675 Words
    • 11 Pages

    Mobilink GSM is the expertise and leader of market in cellular and blackberry service provider. in effort of bringing excellence technology solutions for customer it has achieved more than 35 million number of subscription and the counting is on rapidly. Being a leader of the marker in carry a big…

    • 2675 Words
    • 11 Pages
    Best Essays
  • Good Essays

    True to its promise of bringing products that are comparable to high-end devices at affordable prices, the company continuously expands its product range--from feature phones to smartphones.…

    • 6011 Words
    • 25 Pages
    Good Essays
  • Powerful Essays

    by a rising tide of demand for services, kept trouble from view. But as the…

    • 3832 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    OTT Players

    • 702 Words
    • 3 Pages

    Airtel, Vodafone, Idea, Docomo all were in party mood. While buying sim cards, customers’ prima focus would be on enquiring about SMS packs available with a carrier; which would eventually determine the sim card which would get sold. Operators’ advertisements (be it print or social) were more of a pitch to sell SMS packs rather than sim cards; which they thought would eventually be sold on the backdrop of lucrative SMS schemes.…

    • 702 Words
    • 3 Pages
    Good Essays

Related Topics