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Lokendra Singh Dhirhi RRV
Lokendra Singh Dhirhi RRV
ON
‘ Digital Marketing Strategies And Business Development Of
Xiaomi Corporation”
Submitted by,
LOKENDRA SINGH DHIRHI
MBA – Semester-II
(session- 2021-22)
This is to certify that LOKENDRA SINGH DHIRHI, a student of MBA from Chhattisgarh
Swami Vivekanand Technical University, LCIThas submitted a Research Project on the
topic ‘A Study on Digital Marketing Strategies And Business Development Of Xiaomi
Corporation’.
During the project, I found him to be very hardworking, sincere and inquisitive to explore
new things. He is able to get across his points effectively and convincingly. He has the ability
to withstand stressful project conditions and meet the deadlines.
The information and data given in the report is authentic to the best of my knowledge. This
report is not being submitted to any other University for award of any Degree, Diploma and
Fellowship.
ACKNOWLEDGEMENT
This Research has been a successful one because of effort and support of a lot of people at all
ends. A deep sense of gratitude is owed to TRIPTI MAJUMDAR (Assistant
Professor),who has been my project mentor. She has continuously motivated and helped me
in her best capacity at various stages in this project.
Finally a note of thanks is due to all those, too many to single out by names, who have helped
in no small measure by cooperating during the project.
503107621022
EXECUTIVE SUMMARY
In this study, we will analyse the perception of the consumers about Xiaomi products and the
company itself.
TITLE OF THE PROJECT
Business development entails tasks and processes to develop and implement growth
opportunities within and between organizations. It is a subset of the fields of
business, commerce and organizational theory.
Marketing strategy has the fundamental goal of increasing sales and achieving a
sustainable competitive advantage.Marketing strategies cover everything from Pay
per click, search engine marketing, public relations (PR), Engineering with
Marketing & the much more.
One of the Largest Smartphone maker – Xiaomi is one of the largest smartphone
makers in the world. It is said to be the 5th largest smartphone manufacturer as of
2017. Originating from China, the Smartphones are manufactured in huge quantities
and have wide acceptance across the world.
Highest selling Smartphone – The REDMI Note 4 became the highest selling
smartphone in India and China and practically in 50% of the Asian market. This
shows that Xiaomi is strongly rising in the smartphone market and has already beaten
several giants.
Huge China and Asia market available – Another benefit to Xiaomi is that the
whole Asian market is their playground. As China lies within Asia and as Chinese
mobile brands are highly penetrated in the Asian markets, Xiaomi still has a lot of
ground to explore.
Good Quality products – Even at such low prices, no one can doubt the quality of
Xiaomi phones. The smartphones are regularly rated high on all E-commerce portals
– a further proof that Xiaomi does not compromise on quality even if lowers the price
regularly.
Rising Brand Awareness – Xiaomi’s brand awareness is rising and more and more
people are getting to know about the brand thereby resulting in higher sales across
the globe.
Growing year on year – The company which started manufacturing in 2011 has
grown by leaps and bounds and is regularly growing year on year.
E-commerce advantage – The Flash sale model is a very popular model which has
worked wonders for Xiaomi. In this model, the product is made available only in
limited quantities and sold at a very low price. This model made the consumers crazy
and each Xiaomi looked like a price which was hard earned.
Specifications of the smartphones produced – Xiaomi smartphones are
technologically advanced as well and they give higher tech specs at lower price.
Xiaomi phones are especially renowned for their camera which is said to be very
high resolution and gives excellent photos.
Xiaomi released its first smartphonein August 2011 and rapidly gained market share
in China to become the country's largest smartphone company in 2014. At the start of
second quarter of 2018, Xiaomi was the world's fourth-largest smartphone
manufacturer, leading in both the largest market, China, and the second-largest
market, India. Xiaomi later developed a wider range of consumer electronics,
including a smart home (IoT) device ecosystem.
Xiaomi has 15,000 employees in China, India, Malaysia, Singapore and is expanding
to other countries including Indonesia, the Philippines, and South Africa. According
to Forbes magazine, Lei Jun, the founder and CEO, has an estimated net worth of
US$12.5 billion. He is China's 11th richest person and 118th in the world. Xiaomi is
the world's 4th most valuable technology start-up after receiving US$1.1 billion
funding from investors, making Xiaomi's valuation more than US$46 billion.
History
Xiaomi was founded in 2010. Xiaomi and MI are two different companies. However,
they produce MI and Redmi with collaboration with each other. Xiaomi's logo "MI"
is short for Mobile Internet since Xiaomi was founded to be a mobile-first technology
company. Xiaomi has a total of 15,222 full-time employees. Most are based in
Beijing, Mainland China, while the others are split between India, Taiwan, Indonesia,
and Hong Kong.
Products
Xiaomi produces many products. Notably, it produces smartphones which run on
their own version of AndroidMIUIfirmware. Observers suggest that part of Xiaomi's
rapid success rests on its ability to differentiate itself within the Android universe.
The company has increased its range of products; its smartphones include: Mi Series,
Mi Note Series,Mi Max Series,Mi Mix Seriesand the Redmi Series. Redmi Note and
MI mobile phones are two different products of two different companies.As well as
mobile phones, Xiaomi has started selling wearables, mobile accessories, and
appliances such as televisionand speakers. In 2018 it was selling tablets, laptops, and
smart-homedevices.
The company's version of the Android operating system, the MIUI skin, with its
design, app marketplace, and functionalities, has established a community of users
who form a crucial part of Xiaomi's customer base and contribute to the company's
drive for market awareness. This ecosystem is a massive source of revenue as
indicated in 2015, when sales from the platform reached $750 million.
Recently Xiaomi started to sell more simple goodssuch as sunglasses, caps, pillows,
glass lunchboxes, cups, filters, bags, backpacks, luggages, screwdrivers, umbrellas
and etc.
Category Smartphones
Strengths
Weaknesses
Opportunities
The threats of Xiaomi Redmi are as mentioned :
1. Motorola Moto
2. Oppo
3. Vivo
Competitors 4. Realme
CHAPTER – 2
LITERATURE REVIEW
Digital marketing ecosystem is not only concerned with internet marketing and social
media marketing, iniintroduction we discussed that peoples have a belief that internet
or social mediaimarketing are same but not same, be clear from beginning itself.
Digital marketingiecosystem consists of internet marketing and social media
marketing. Theyiareijust a channels for communication, digital ecosystemiconsist of
integrating channels and integrating services.
Digital Ecosystem
Search Engine
Search engine optimization (SEO) is the art of gettingia website to work better with
search engines (like Google, Bing & Yahoo), and toilook for achievable, profitable,
rankingiopportunities through keywordiresearch. It is a questifor increased visibility
in search engines via relevanticopy, qualityilinks, domain trust, social popularityiand
search engine connectivity.
Searchiengineimarketing (SEM) is a broader term than SEO, and is used to
encompass differentioptions available to use a search engine’s technology, including
paid ads. SEM is ofteniused to describe acts associated with researching, submitting
and positioning aiwebsite within search engines. It includesithings such as search
engine optimization, paid listingsiand other search-engineirelated services and
functions that will increase exposureiand traffic to your Web site.
Displays
Display advertising is a typeiof advertising that typically contains text (i.e., copy),
logos, photographsior other images,ilocation maps, and similar items. In periodicals,
display advertisingican appear on the same page as, or on the page adjacentito,
general editorial content. Normalibanners, Rich media banner, Interstitialsiand pops
are example of displays.
Mobile Marketing
Mobile marketing is usediin reference to any marketing efforts on or with a mobile
device. It involves planning,icreating, and implementing a mix of initiatives to bring
together sellers and buyersivia mobile devices. Mobile ads, Mobile websites, Apps
and Games are some ofiexamples for mobile marketing.
eMail Marketing
eMail Marketing is a typeiiof direct marketing that involvesisending personalized,
targeted messages to a specificiaudience. eMail Marketing is easyiito use, low cost,
and effective. Most of theiB2B business in presentiera in following email marketing,
but in B2C alsoiemail marketing is productive.
Video
Marketersiare now use video to make customersiaware of brands and to sharing the
experienceiof other customers. YouTube adsiare too popular in video ads. Inisocial
media platforms also brandsiare sharing video.
Analysis
Analyticsiis the practice of evaluatingidata, and the process byiwhich a company
arrives at a most advantageousidecision. Here marketerianalysis the integrate channel
to understandithe effectiveness of communication. Analysis may be based on
numbers of visitor or like in socialimediapages..Etc.
Content Management
After analysis the integrateichannels marketer can ableito understand the problems
withicurrent contents. Later he caniimanage the content toiiincrease the engagement
rate, content may be text inibanners, images or websites.
Advanced Targeting
Advanceditargeting are techniques involving the sending of targetedimessages to a
specific audience. It is used to increase the effectiveness of aimarketing campaign.
Behavioral targeting is also a partiiof advanced targeting, here marketer caniitarget
the customer basediion their past behavior in online. Marketer can put ads iniiother
webpage where customer is going.
Creative
Creative is the artisticiicomponent of an ad or website. It usually includes an image
and copy present in adsiior website. Marketer can make thoseiicontents attractive to
customers. Marketer will sometimes change the entire design ofi websites, apps..Etc.
Digital Strategy
Digital strategy is the process ofiispecifying an organization's vision, goals,
opportunities and initiatives in orderi to maximize the business benefits through
digital media. Strategy will be differentiifor each brand, it will base on the brand
objective and target groups interest. It isiiactual a plan formulated by theiimarketer to
explore the opportunities. Strategy may beiishort term or long term, but it need to be
fit with market situations.
2.3 PERSONAL SELLING
Personal selling is wheniia company uses salespersons to build a relationshipiiand
engage customers to determine their needsiiand attain a sales order that may not
otherwise have been placed. The personali selling process is a seven step approach:
prospecting, pre-approach, approach, presentation, ii objections, closing the sale, and
follow-up.
Personal Sales Meeting: Meeting the customeriiface-to-face to makes the sales
process more personalized.
The sales cycle, moreiigenerally speaking, turns leads into prospects, suspects into
prospects and prospectsii customers.
The sales department would aim to improveiithe interaction between the customer
and the sales facility or mechanism and oriisalesperson. Sales management would
break down the selling process and theniiincrease the effectiveness of the discrete
processes as well asiithe interaction between processes. For example, in many
outbound sales environments, each step in the typical processiioutlined above has
salesrelated issues, skills, and trainingiineeds, as well as marketing solutions to
improve each discrete step.
The relatively new field of sales processiiengineering views “sales” as the output of a
larger system, not just as the outputiiof one department. The largeriisystem includes
many functional areas within aniiorganization. From thisiiperspective, “sales” and
“marketing,” amongiiothers, represent a number ofiiprocesses whose inputs and
outputs supply one another to varyingiidegrees. In this context, improving an
“output” (such as sales) involves studyingiiand improving the broader sales process,
as in anyiisystem, since the component functional areas interact and are
interdependent.
Many companies find itiichallenging to get marketing and sales on the same page.
The two departments, although different in nature, handle very similar concepts and
have to work together foriisales to be successful. Building a good relationship
between the two that encouragesiicommunication can be the key to success – even in
a down economy.
Lead generation is the processiiof capturing the interest—and ideally the contact
information—of potential customersiifor your business. With the number of options
and resources available today, it is lessiilikely now than ever before for a consumer
to make a purchase during their firstiiencounter with a business.
Lead generation is the first step iniibuilding a relationship with a potential client or
customer. When an interested prospectiibecomes a lead, they are not just expressing
interest in your business, but alsoiiinviting you to nurture that interest. By giving you
their contactiiinformation, they are giving you permission to further the conversation.
The goal ofiigenerating leads is to connect with people who could benefit from your
business so that youiican show what you have to offer, build trust, and provide the
information theyiineed in order to make the purchase—thereby increasing the
chances that they do.
Lead generationiitakes many forms, and different strategies will work for different
businesses andiiaudiences.
• Cold calling
• Going door to door
• Purchasing an email list
• Sending direct mail to all residents in your zip code
Whether you’re takingiian inbound or outbound approach, the key to all lead
generationiiis the offer. Examples of quality offers include:
• Free eBookiiinexchange for email address.
• Free consultationiiin exchange for a phone number.
• Free demo on an itemiiin exchange for an in-store purchase.
• A salon creates a Facebook Ad with a 20% promo code, that showsiiup in users’
News Feeds.
Lead generation is crucial to your small business. Now that youiiunderstand and have
examples for the four keyiiareas of lead generation: inbound, outbound, online, and
offline, you can put them toiiuse to grow— your small business.
Social media
With growth of social networkingiiwebsites, social media is used by organizations
and individuals to generateiileads or gain business opportunities. Many companies
actively participate on socialiinetworks including LinkedIn,Twitterand Facebookto
find talent pools or market theiriinew products and services.
Online advertising
There are three mainiipricing models in the online advertising market that marketers
can use to buy advertisingiiand generate leads:
• Cost per thousand(e.g. CPM Group,Advertising.com), also knowniias cost
per mille (CPM), usesiipricing models that charge advertisers for impressions
— i.e. the number of timesiipeople view an advertisement. Display
advertising is commonly soldiion a CPM pricing model. The problem with
CPM advertising is that advertisersiiare charged even if the target audience
does not click on (or even view) theiiadvertisement.
• Cost per clickiiadvertising (e.g. AdWords,Yahoo! Search Marketing)
overcomes thisiiproblem by charging advertisers only when the consumer
clicks on theiiadvertisement. However, due to increased competition, search
keywords have become veryiiexpensive. A 2007 Doubleclick Performics
Search trends report showsiithat there were nearly six times as many
keywords with a cost per click (CPC) of moreiithan $1 in January 2007 than
the prior year. The cost per keyword increasediiby 33% and the cost per click
rose by as much as 55%.
• Cost per acquisitionadvertising (e.g. TalkLocal,Thumbtack) addresses the risk
of CPM and CPC advertising by chargingiionly by the lead. Like CPC, the
price per lead can beiibid up by demand. Also, like CPC, there are ways in
which providers caniicommit fraud by manufacturing leads or blending one
source of lead withiianother (example: search-driven leads with coregistration
leads) to generateiihigher profits. For such marketers looking to pay only for
specificiiactions/acquisition, there are two options: CPL advertising (or
online lead generation) and CPA advertising(alsoiireferred to as affiliate
marketing). In CPL campaigns, advertisers pay foriian interested lead — i.e.
the contact information of a person interestediiin the advertiser's product or
service. CPL campaigns are suitable foriibrand marketers and direct response
marketers looking to engageiiconsumers at multiple touchpoints — by
building a newsletteriilist, community site, reward program or member
acquisition program. In CPAiicampaigns, the advertiser typically pays for a
completed sale involving a creditiicard transaction.
Recently, there has been a rapidiiincrease in online lead generation: banner and direct
response advertising that worksiioff a CPL pricing model. In a pay-per-acquisition
(PPA) pricing model, advertisersiipay only for qualifiediileads resulting from those
actions, irrespective of the clicksiior impressions that went into generating the lead.
PPA advertising is playing an activeiirole in online lead generation.
PPA pricing models are moreiiadvertiser-friendly as they are less susceptible to fraud
and bots. With pay per click, providersiican commit fraud by manufacturing leads or
blending one source of lead withiianother (example: search-driven leads with
coregistration leads) to generate higheriiprofits for themselves.
A common advertising metric for leadiigeneration is cost per lead. The formula is
Cost / Leads, for example if youiicreated 100 leads and it cost $1000, the cost per
leadiiwould be $10.
5 Ways to Generate B2B Leads Online
In this section, we’ll coveriithe four strategies outlined above, as well as a strategy
that hasn’t been mentionediiin any of the studies, yet it enabled one B2B company to
generate a 5,100% ROI from a $1 millioniiinvestment.
First though, let’s talk about one of the oldestiistrategies in online marketing: email
marketing.
1. Email Marketing
Email marketing is one of the few onlineiimarketing channels that has stood the test
of time. In fact, email is 23 years oldiithis year, and it still trumps the top spot on
many B2B marketer’s lists of B2B leadiigeneration strategies.
One of the biggest trends in emailiimarketing at the moment, that has generated great
results for many B2B businesses, is marketingiiautomation.
Not sure what the fuss aboutiimarketing automation is? Read this. In short, marketing
automation tools are effectivelyiihybrid email marketing tools that connect with your
CRM to enable you to automaticallyiisend highly targeted emails to leads that are
personalisediispecifically to them.
While traditional newsletters and email marketingiiare still important, the ability to
capture more data on users and use behavioural-triggersiihas enabled B2B marketers
to get a lot smarter with how they targetiiusers in the inbox.
Given the broad scopeiiof content marketing, a good question to ask is what type of
content should B2B companiesiibe focusing on to generate leads?
“Whenever you find yourself oniithe side of the majority, it is time to pause and
reflect.” – Mark Twain
So, by all means, experimentiiwith the common and uncommon tactics. Whether you
use microsites, blogging, research reports, or infographics, the importantiithing is to
test what doesiiand doesn’t work so that you can gradually refine your
leadiigeneration over time.
3. Search Marketing
Organic searchiimarketing is arguably one of the most valuable long-term strategies
foriigenerating B2B leads.
About 5-6 years ago, I was workingiion the SEO campaign for a major business
stationery brand. It was oneiiof my first ‘big campaigns’ that I was allowed to
manage in myiiprevious job.
While I can’t takeiithe credit (their in-house SEO team and previous agencies had
laid a great foundation for us), I watched theiisite’s revenue from SEO increase by
over £4 million, just from a handful of keywordsiireaching #1 on Google.
Getting to #1 in Google is a lot harder todaythaniiit was five or ten years ago, and it
can barely be summarised in a fewiisentences.
If I were to attempt it, though, I’d probably sayiithat good SEO in 2015 is largely a
bi-product of doing things well in otheriiarease.g. design, conversion rate
optimisation, content marketing, and social. While thereiiare exceptions, this is
increasingly lookingiilike the rule.
4. Social Media
Calling socialiimedia an effective B2B lead generation strategy is a controversial
discussion to beiistarting.
While social mediaiiscored very well on both of the aforementioned ‘studies’, we can
just as easily findiireports where social media channels are regarded as the least
effective lead generationiistrategies.
The bottom line is, socialiimedia isn’t inherently a poor channel for B2B lead
generation. The reason socialiimedia is sometimes rated poorly on these aggregate
studies is because most B2B companiesiihave an ill-fitting social media strategy, to
put it politely.
Only by experimenting, can you truly knowiiwhat does and doesn’t work, and when
you know this, you can use your time and budgetiimore effectively to generate higher
returns on your investment, and better leadiigeneration results overall.
I hope this post has given you someiiinspiration on what’s possible with B2B lead
generation, and which areas are best to focusiion. As always if you have any
questions, or are interested in gettingiitouch, feel free toiicomment below or drop me
an emailiihere.
Avoiding the leaky bucket effect
Many B2Biimarketers spend a lot of time, metaphorically, pouringiiwater into leaky
buckets. Ratheriithan fixing the bucket (the marketing funnel), theyiipour more water
(traffic) into theiibucket to keep it full.
Let’s say you send 1,000 visits to youriilanding page at a cost of $3 per visit. If your
form converts at 1% you’ll get 10 leadsiiat a cost per lead of $300. If, on the other
hand, your form converted at 3%, you’diireceive 30 leads at a cost per lead of $100.
That’s 3X more leads for one thirdiiof the cost per leads without spending a penny
extra – just by improving your leadiigeneration form.
With these tips, youiican begin developingiiyour own social media marketing expert
plan.
Your business typeiishould inform and drive your social media marketing strategy.
For example, aniie-commerce or travel business, being highly visual, can get a lot of
value from a strongiipresence on Instagram or Pinterest. A business-to-business or
marketing companyiimight find more leverage in Twitter or Linkedin.
How Social Media Marketing Can Help You Meet Your Marketing Goals Social
media marketingcan help with a number of goals, such as:
The bigger and more engaged your audience is on social media networks, the easier it
will be for you to achieve every other marketing goal on your list!
Facebookis a place people go to relax and chat with friends, so keep your tone light
and friendly. And remember, organic reach on Facebook can be extremely limited, so
consider a cost-effective Facebook ad strategy, which can have a big impact on your
organic Facebook presenceas well!
Mix up your official tweets about specials, discounts, and news with fun,
brandbuildingtweets . Be sure to retweet when a customer has something nice to say
about you, and don’t forget to answer people’s questions when possible. Using
Twitter as a social media marketing tool revolves around dialog and communication,
so be sure to interact as much as possible to nurture and build your following.
LinkedInis one of the more professional social media marketing sites. LinkedIn
Groups is a great venue for entering into a professional dialog with people in similar
industries and provides a place to share content with like-minded individuals. It's also
great for posting jobs and general employee networking.
YouTubeis the number one place for creating and sharing video content, and it can
also be an incredibly powerful social media marketing tool. Many businesses try to
create video content with the aim of having their video “go viral,” but in reality those
chances are pretty slim. Instead, focus on creating useful, instructive “how-to”
videos. These how-to videos also have the added benefit of ranking on the video
search results of Google, so don't under-estimate the power of video content!
CHAPTER- 3
RESEARCH
METHODOLOGY
Methodologyisiithe systematic, theoretical analysis of the methods applied to a field
of study. It comprisesiithe theoretical analysis of the body of methods and principles
associated with aiibranch of knowledge. Typically, it encompasses concepts such as
paradigm, theoreticaliimodel, phases and quantitative or qualitative techniques.
A methodology doesiinot set out to provide solutions - it is, therefore, not the same
thing as a method. Instead,it offers the theoretical underpinning for understanding
which method, set of methodsiior so called “best practices” can be applied to specific
case, for example, toiicalculate a specific result.
RESEARCH DESIGN: – The research design used in this study was both
‘Descriptive’ and ‘exploratory’.
SAMPLING TECHNIQUE:–
STASTICAL TOOLS:
MS-EXCEL will use toiiprepare pie- charts and graphs and MS-WORD will use to
prepare or write the wholeiiproject report.
LIKERT SCALES:
Likert scales are the four, five, six, point scales much used in various fields of
research. Often the scale isiiused as a semantic differential.
RESEARCH DESIGN
The research design is purelyiiand simply the framework of plan for a study that
guides the collection and analysisiiof data. Types of Research Design:
• Exploratory Research – The mainiipurpose of such studies is that of
formulating a problem for more preciseiiinvestigation or of developing the
working hypotheses from an operationaliipoint of view.
• Descriptive Research – Those studies which iiare concerned with describing
the characteristics of aiiparticular individual, or of a group.
• Hypothesis Testing Research – They are those where the researchers tests
the hypotheses of casualiirelationships between variables.
SAMPLE SIZE
Detail:
Size of Data : 100
Area : New Delhi
Sampling Technique
Sampling techniques can be broadly classified in to two types:
Probability Sampling.
Non Probability Sampling.
Methods of Data Collection--- Testing Of Questionnaire
Primary Data:
Primary data is basically theiilive data which I collected on field while doing cold
calls with the customers and Iiishown them list of question for which I had required
their responses.
Source: Main source for theiiprimary data for the project was questionnaires which I
got filled by theiicustomers or sometimes filled myself on the basis of discussion
with the customers.
Secondary Data:
Secondary data foriithe base of the project I collected from intranet and from internet,
magazines, newspapers etc.
Statistical Analysis
In this segment I williishow my findings in the form of graphs and charts. All the
data which I got form the market will not be disclosed over here but extract of that in
the form of informationiiwill definitely be here.
TOOLS AND TECHNIQUES OF ANALYSIS
Bar chart (Bar charts will be used for comparing two or more values that will
be taken overiitime or on different conditions, usually on small data set )
Pie-chart (Circular chart divided in to sectors, illustrating relative magnitudes
or frequencies)
Tools and Techniques
As no study could be successfullyiicompleted without proper tools and techniques,
sames with my project. For the betteriipresentation and right explanation I used tools
of statistics and computer veryiifrequently. And I am very thankful to all those tools
for helping me a lot. Basic tools which I used foriiproject from statistics are-
- Bar Charts
- Pie charts
- Tables
Bar charts andiipie charts are really useful tools for every research to show the result
in a welliiclear, ease and simple way. Because I used bar charts and pie cahrts in
project foriishowing data in a systematic way, so it need not necessary for any
observer toiiread all the theoretical detail, simple on seeing the charts any body could
know that what is beingiisaid.
Technological Tools
Ms- Excel
Ms-Access
Ms-Word
Aboveiiapplication software of Microsoft helped me a lot in making project more
interactiveiiand productive.
CHAPTER – 4
DATA TABULATION
Q.1. How you aware about Xiaomi Corporation?
Table No. 1:
Option No. of Respondents Percentage
TV Ads 20 20%
Friends 15 15%
Internet 30 30%
GRAPH No.1:
Interpretation: From the aboveiigraph shows that 20% of the respondents came to
know of Xiaomi Corporationiithrough TV ads, 10% of the respondents through
magazines, 25% of the respondentsiithrough the existing customers and 15% of
respondents from friends, 30% of respondentsiithrough internet. The above graph
explained that majority of respondents areiiExisting customers ads and Internet.
Q.2. What is your perception aboutiiXiaomi Corporation?
Table No. 2:
Particulars No. of Respondents Percentage
Good 45 45%
Ordinary 25 25%
No comment 25 25%
Poor 5 5%
Total 100 100%
Graph No.2:
Interpretation:
The above graph reveals that good perception comes from 45%, 25% haveiiordinary
perception aboutiithe Xiaomi Corporation and rest by 25% have No Comment, 5%
have pooriiperception.
3.: XiaomiiiCorporation have Good Quality?
Table No. 3
Particulars Number of Respondent Percentage
Agree 45 45%
Disagree 5 5%
Graph No. 3
Interpretation:
The aboveiigraph shows that 35% of respondents strongly agree Xiaomi Corporation
have GoodiiQuality, 45% agree, 15% Neither agree and 5% of respondents disagree.
4. Do you thinkiiXiaomi Corporation Services are more Quality & beneficial than
others?
Table No.4:
Product No. of Respondent Percentage
Yes 65 65%
No 35 35%
Total 100 100%
Graph No.4:
5.: On the basisiiof price and feature comparison, is Xiaomi Corporation economical?
Table. No.5:
Option No. of respondents Percentage
Extremely Agreed 15 15%
Highly agreed 20 20%
Agreed 45 45%
No Comments 12 12%
Disagreed 8 8%
Total 100 100%
GRAPH No. 5:
Interpretation: In theiiabove graph shows that 35% of people says excellent about
selling scale system ofiiXiaomi Corporation, 25% Good, 16% Fair, 12% Poor and
rest 12% says veryiipoor.
Graph No.7:
Interpretation :Outiiof 100 respondents 14% were retired,12% were private job
holders, 42% wereiigovernment job officials, 16% wereiistudents and 16% were
businessman.
Graph No. 9
Yes 87 87%
No 5 5%
Can’t Say 8 8%
Graph No. 10
4.2 FINDINGS
1. It reveals that 33% ofiithe respondents came to know of Xiaomi Corporation
through TV ads, 24% of theiirespondents through magazines, 21% of the respondents
through theiiexisting customers and 12% of respondents from friends, 10% of
respondentsiithrough internet. The above graph explained that majority of
respondentsiiare TV ads and Magazines.
2. It revealsiithat good perception comes from 45%, 25% have ordinary
perception about the XiaomiiiCorporation and rest by 25% have No Comment, 5%
have poor perception.
3. It is observediithat 35% of respondents strongly agree Xiaomi Corporation
have Good Quality, 45% agree, 15% Neitheriiagree and 5% of respondents disagree.
4. It reveals that 35% of people saysiiexcellent about selling scale system of
Xiaomi Corporation, 25% Good, 16% Fair, 12% Pooriiand rest 12% says very poor.
5. It is observed that Xiaomi Corporation areiieconomical. 15% of public is
extremely agreed with this statement, 20% is highlyiiagreed, 45% is agreed and rest
of peoples answer isiinegative.
6. It reveals that 65% of respondents says XiaomiiiCorporation. are more
quality and beneficial than others. Only 35% of respondents SaysiiNo.
7. It is observed that 65% ofiirespondents satisfied with Xiaomi Corporation
Services. Only 15% of respondentsiidissatisfied with its Services.
8. It reveals that 87% of customeriisays yes advertisement influence decision in
choosing a XiaomiiiCorporation
9.Majority (37.5 %) of theiiretailersareiiaware of the Xiaomi Corporation. The next
majority (35 %) of the retailer awarenessis about the XIAOMI CORPORATION
Services.
10.majority (55%) of the retailers haveiiopinioned that they are satisfied with the
sales XiaomiiiCorporation. A considerableiiproportion of the retailers have opinioned
only neutraliiiabout their satisfaction level.
8. It reveals that Most of the respondentsiipurchaseElectronic items & Gifts from
Online.
9. It reveals that 30%iiofiirespondent says TV, Newspapers (24%) & only 20% of
respondent says Online.
10. It is observed that 84% of respondentsiiread the news through online and rest
16% of respondents don’t read theiinews through online.
11. It reveals that FacebookiiBusiness Pages (24%), Free Webs (36%), Google
adwords (16%) &SMSiiMarketing use 24% marketing applications in present.
CHAPTER – 5
CONCLUSION AND
SUGGESTION
5.1 CONCLUSION
5.2 SUGGESTIONS
Website:
• https://www.mi.com/in/about/
• https://en.wikipedia.org/wiki/Xiaomi
• https://www.digitalvidya.com/blog/how-xiaomi-making-effective-use-
ofsocial-media-to-target-indian-consumers/
• https://www.marketmechina.com/6514-2/
• https://en.wikipedia.org/wiki/Social_media
• http://whatis.techtarget.com/definition/social-media
ANNEXURE
1. How you aware about Xiaomi Corporation Services?
a) TV Ads b) Existing customers
c) Magazines d) Friends
e) Internet
2. What is your Perception about Xiaomi Corporation Services?
a) Good b) Ordinary
c) No Comments d) Poor
3. Xiaomi Corporation Services has Good Quality?
a) Strongly agree b) Agree
c) Neither agree d) Disagree
4. Do you think Xiaomi Corporation Services are more Quality & beneficial than
others?
a) Yes b) No
5. On the basis of price and feature comparison, is Xiaomi Corporation Services
economical?
a) Extremely Agreed b) Highly agreed
c) Agreed d) No Comment e) Disagreed
6. What is the selling scale System of Xiaomi Corporation Services?
a) Excellent b) Good c) Fair
d) Poor e) Very poor
7. Does Advertisement Influence your decision in choosing a Xiaomi Corporation
Services?
a) Yes b) No c) Can’t Say
8. Why do you use Xiaomi Corporation India services?
a) Good price b) Better Quality
c) Easily available d) Diversified categories of product
9. How many years have you been using Xiaomi Corporation India?
a) 1-2 yrs b) 2-3 yrs
c) 3-4 yrs d) More than 4 years
10.What is the selling scale System of Xiaomi Corporation India?
a) Excellent b) Good
c) Fair d) Poor e) Very Poor