One Plus is a Chinese smartphone company that has grown significantly in the Indian market since 2014. It used penetration and go-to-market strategies, including affordable pricing, annual device releases, online-only sales, and word-of-mouth marketing. By 2018, One Plus had become the #3 premium smartphone brand in India. It has since expanded distribution and used celebrity endorsements. By 2019, One Plus became the leading premium smartphone company in India in terms of revenue and was the first to ship over 2 million premium phones in a single year.
One Plus is a Chinese smartphone company that has grown significantly in the Indian market since 2014. It used penetration and go-to-market strategies, including affordable pricing, annual device releases, online-only sales, and word-of-mouth marketing. By 2018, One Plus had become the #3 premium smartphone brand in India. It has since expanded distribution and used celebrity endorsements. By 2019, One Plus became the leading premium smartphone company in India in terms of revenue and was the first to ship over 2 million premium phones in a single year.
One Plus is a Chinese smartphone company that has grown significantly in the Indian market since 2014. It used penetration and go-to-market strategies, including affordable pricing, annual device releases, online-only sales, and word-of-mouth marketing. By 2018, One Plus had become the #3 premium smartphone brand in India. It has since expanded distribution and used celebrity endorsements. By 2019, One Plus became the leading premium smartphone company in India in terms of revenue and was the first to ship over 2 million premium phones in a single year.
One Plus is a Chinese smartphone company that has grown significantly in the Indian market since 2014. It used penetration and go-to-market strategies, including affordable pricing, annual device releases, online-only sales, and word-of-mouth marketing. By 2018, One Plus had become the #3 premium smartphone brand in India. It has since expanded distribution and used celebrity endorsements. By 2019, One Plus became the leading premium smartphone company in India in terms of revenue and was the first to ship over 2 million premium phones in a single year.
• 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