One Plus Positional Strategies

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A Presentation by Manan Mehta

Content

• About “One Plus”


• Timeline of Growth in Indian Market
• Market Share
• Positional Strategies used by “One Plus”-
“Penetration” and “Go To Market”
• Execution in Indian Market
• Conclusion
About “One Plus”
• Conception- 16 Dec’ 2013, by Pete Lau and Carl Pei
• Headquarters- Shenzhen, China
• Parent Org- BBK Electronics
• Present in the industry of consumer electronics, largely dominating the market of smartphones.
• 3000+ employees and presence in 34 countries across the globe.
• Revenue- $1.4 billion (FY2018-19)
Timeline of Growth in Indian Market
Launch of One Plus 3,
and the company Amitabh Bacchann
gains #3 spot in becomes the brand One Plus diversifies
Launch of first handset premium smartphones ambassador of One into other consumer
in India in Indian market Plus electronic products

Dec. 2014 May 2018 Apr. 2019

Apr. 2014 Aug. 2016 June 2018 Aug. 2019

India became one of Launch of the One Plus becomes the


the seven countries “phenomenal” One leading premium
with maximum One Plus 6 smartphone company
Plus sales in India, in terms of
revenue
Market Share (2018, Indian Market)
Positional Strategies used by
“One Plus”- Penetration Strategy
• Affordable Pricing and High Specifications
• Uses concept of “One device per year”
• Laid entry in India through Amazon and focused
entirely on online marketing.
• Attractive pricing followed with miscellaneous
features
• Maintained success through social media marketing
and focus strategy.
• Word of Mouth- A significant parameter towards
success in Indian market
• Tagline- “The Brand of the People, by the
People, and for the People.”
• One Plus entered physical stores amid its launch
of One Plus 3T in India.
“Go To • Used limited editions of smartphones in order to
lure premium customers and invite “premium
Market” pricing strategy”.
Strategy • Used advertisements on televisions, print media,
etc. after having an existing presence on
Amazon.
• Celebrity endorsements- Amitabh Bacchann
(One Plus 6 series) and Robert Downey Jr. (One
Plus 7 series).
Execution in Indian
Market

• Usage of Focus Strategy- A massive


success
• Attractive pricing strategy with the best of
specifications provided
• Marvellous after sales service
• Celebrity endorsements and co-branding
with “Marvel” and “Star Wars” helped
them get a foothold.
• Mass advertising using ATL, BTL and TTL
techniques.
Time to achieve Market Leadership

• OnePlus also became the


first ever premium
smartphone brand to cross
two million shipments in a
year in 2019.
• People in the category of
Innovators and Early
Adopters prefer buying
smartphones of OnePlus.
Conclusion (Personal
Analysis)
• OnePlus is the leading premium smartphone
company in Indian market (as per sales).

• One Plus positioned into minds of Indian


consumers using “Penetration” and “Go to
Market” strategy, which helped them focus on a
niche target group and laid attractive pricing to
lure them.

• Celebrity endorsement and mass advertising


always helped their product launch in Indian
market.
THANK YOU

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