Apple Honeymoon is Over in India and the Divorce Rate is Just Going On?
Since mid-2018,
Samsung, Xiomi, Vivo and another Apple rival Vivo are stomping the apple in
India, now it ranks 11 in
world’s fastest growing smartphone market of the world. After the growth forecast
for the upcoming quarter, of the America’s trillion $ company its share dipped
approx. 5% of its value.
Customer
seizes Apple growth in INDIA!
The numbers of Apple
smartphones shipped to India are fallen to 40% and Apple’s
market share is going to 1% from 2% of the previous year share. In 2018 company
reached the $1.85 billion in Indian market. This is less than half of their
executives’ expectation and capability of delivery.
Now iPhone is lagging
from the competition and it no longer standing out as it did once. Chinese
smartphone are covering the market from lower premium to higher one. Lower
premium phones are now available for a fraction of iPhone price. They provide
good customer support and are easy to use.
Apple Keeps Losing the World’s Fastest-Growing
Smartphone Market!
Apple is repeating the
same mistake in India as it has done previously in China. This makes
nourishment of the domestic development and innovation of industry that’s
forcing it to keep fall. It is entirely relying on its brand value to build a
space in the market for its product rather than attempt to understand the needs
of its customer base. Apple always planned to supply the older and inferior
version of iPhone to its Indian customer base.
Fig. Indian Diversified Smartphone User Base
Once it was glorified
as a symbol of glorification and social status now people understand they are
trapped. This makes sense that brand loyalty is decreasing day by day. This
made an opportunity for Chinese giant OnePlus. OnePlus has acquired a 30% share
of premium market place while Apple occupied 25% of same market. Sources say
that OnePlus focuses on battery optimization that helped it to explore in the
region.
How
they can overcome the fallout?
Apple can use Indian market as a test-bed on
technical development and innovation with a lot of experiment. It can offer new
product with competitive price and innovation. It can make distributor base to
act as marketing ambassador with distinctive margin. It can offer good customer
services to make loyal consumer.
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