Xiaomi, a prominent smartphone manufacturer, is gearing up for a prosperous festive season, eyeing significant sales opportunities in the upcoming Amazon Great Freedom Festival Sale scheduled for August.
With the festive season coinciding with the cricket World Cup, Xiaomi India anticipates a surge in sales during the second half of the year.
At the launch event of the Xiaomi Redmi 12 series, Muralikrishnan B, Xiaomi India President, highlighted positive signs amid recent volume declines, sparking optimism for the company's future.
The focus on Redmi 12 series and 5G technology aims to boost sales in the affordable segment, despite challenges faced during the first quarter. The Amazon sale, offering up to 80% discounts, further fuels Xiaomi's expectations for a successful festive sales season
Xiaomi's Redmi 12 Series and 5G Transition
During the launch event, Xiaomi unveiled its new Redmi 12 series smartphones with 4G and 5G variants. The company has targeted the affordable segment, which witnessed a 34% decline in shipments during the first quarter of 2023. Xiaomi faced a 44% year-on-year decline during the same period, which marked the largest decline ever recorded for the brand.
Muralikrishnan mentioned that the Redmi 12 5G model is expected to drive more users towards adopting 5G in the ₹10,000- ₹15,000 price range.
Xiaomi's Target: The Sub ₹10,000 Segment
The sub ₹10,000 segment comprises a substantial number of first-time smartphone users and currently contributes to almost 30% of the overall market. Muralikrishnan sees this segment as a driving force in fueling the demand for 4G smartphones in the country.
Amazon Great Freedom Festival Sale 2023
The much-awaited Amazon Great Freedom Festival Sale is scheduled to kick off from August 5th to August 9th, 2023. Prime members will have early access to the sale starting from August 4th, 2023. During this sale, customers can avail themselves of up to 80% off on various products across categories like electronics, home and kitchen appliances, and more.
Xiaomi Flagship Day at Amazon Sale
As part of the Amazon Great Freedom Festival Sale, Xiaomi Flagship Day is set to offer exciting deals and discounts on top Xiaomi phones, making it an excellent opportunity for smartphone enthusiasts to grab their desired device at affordable prices.
With the festive season and Amazon Great Freedom Festival Sale aligning with Xiaomi's launch of the Redmi 12 series and focus on 5G adoption, the company is confident of achieving record-breaking sales figures during this year's festive season.
Overall sales for Xiaomi were down 18.9% globally and 20% in India for Q12023 compared to the same period last year.