The online smartphone market in India is expected to surpass 15 million units in Q3 2018 with a growth of more than 25% year-on-year and expected to account a record 38% of the total smartphone market. In Q2 2018, online channels including Flipkart, Amazon, PayTm Mall, mi.com, OnePlus.com grabbed 35% share, growing 65% year-on-year. Shipments sold directly via vendors and websites accounted for 9% of all online shipments, while retailers such as Flipkart, Amazon, etc. took the remaining 91%. While almost all vendors in India have some sort of online presence, Xiaomi led the market by a mile, grabbing a commendable 54%, followed by Samsung with 13% and Huawei was third with 7%. Thanks to the festive season, Flipkart and Amazon are expected to stimulate demand with aggressive offers during their festival sale. This adding to the launch of sub-brands targeted squarely at the online consumers. The Xiaomi's Pocophone and OPPO's Realme are expected to boost shipments in Q3 and Q4, 2018. As of Q2 2018, 62% of smartphones were shipped to distributors in India and eventually resold to lower-tier channel partners and retailers. Asus who was earlier a 100% distributor led company until Q1 2018, revamped its go-to-market and moved to 100% online-only ...
Read Here»
Subscribe to:
Post Comments (Atom)
Post a Comment Blogger Facebook
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. As the comments are written and submitted by visitors of The Sheen Blog, they in no way represent the opinion of The Sheen Blog. Let's work together to keep the conversation civil.