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Oneplus
A complete Market Study
Dhruv Rinwa Afreen Islam Ajinkya Binwade Aashish Karhana Sidharth Ghodela Ankit Bhardwaj
MBA06195 MBA06014 MBA06015 MBA06003 MBA06192 MBA06022
Introduction
❏ China Based startup, Founded in 2013 by
Carl Pei, Pete Lau
❏ Mission ‘’Lowest-Priced devices without
sacrifice”
❏ Initially targeted the niche market - tech
enthusiast and developers.
❏ ’Aims to deliver their products via online
services.
❏ Presence in 34 countries as of July 2018.
❏ Parent company- Oppo
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Brand Identity
Design
Tagline
Logo &
Colour Sleek Glass and
Aluminium sandwich
Never Settle
Red and black
theme colour
NEVER
SETTLE
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Introduction of Indian Market
● OnePlus entered in Indian market on 23 april
2014 with Oneplus ONE
● Focus on clean software and feature rich
OxygenOS.
● Selling exclusive through online portal
Amazon.in till 2015 and then on its own
website.
● In 2016 decided to open their own dedicated
experience store in Bangalore.
● Grab 1st position in India’s premium
smartphone market in 2019.
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STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
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SWOT Analysis
Strength Weakness
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SWOT Analysis
Opportunities Threats
● Increase in competitors.
● After COVID increase in
● India-China border-clash
Consumer.
Situation.
● Increase in digitalisation.
● Restriction on chinese products
● Shift of customer to online
by Indian Government
stores.
● Entry in TV market.
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Marketing Strategies
● Lean Startup Methodology (Build >
Measure > Learn)
● Creating buzz with Exclusivity through
Invite System
● Clever use of influencer and celebrity
endorsment marketing.
● Leveraging on word of mouth
● Less Expenditure on Traditional marketing.
● Maximally utilizing a Hashtag
(#NEVERSETTLE)
● Offline Strategies including Theatres
Screening, Pop up Stores and TV Ads
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MARKETING
About this template
MIX - 7 P’s
People
Product Place
Price Promotion
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PRODUCT
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PRICE
Half the price of its competitors in the premium smartphone segment
Phone is cheap, but without compromising its quality
Low marketing costs helps in keeping low price
Not following the traditional marketing strategy further adds to keep the prices
low
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PLACE
Online Experience stores
Offline retail stores – Reliance digital and Chroma
Self-authorised stores
OnePlus experience stores at Metros
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PROMOTION
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Oneplus India
In two or three Team
columns
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Product portfolio of OnePlus
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PRODUCTS - Smartphones
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PRODUCTS – TVs
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PRODUCTS – Audio Devices
₹2,990 M.R.P. ₹3,190
Inclusive of all taxes
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Marketing
You can alsoPlan Objectives
split your content
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Positioning of Oneplus
⮚ Positioning can help in creating a brand image in the mind-set of the target
audience.
⮚ Positing of the product differentiate the products from other existing brands in the
same market.
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Profile oforTarget
In two Market
three columns
⮚ Target market- is the end consumer to which company wants to sell its products to.
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Market Segmentation
In two or three columnsStrategy
To understand the market needs, OnePlus conducted many market research and
surveys with prime focus on the following questions:-
.
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Based on the data received from the Market research and Surveys, OnePlus divided user market
on the basis of 4 different segments:
Demographic Psychographic
Geographic Benefit
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Demographic Segmentation:
Psychographic Segmentation:
◉ Division on the basis of age, sex ◉ Division on the basis of user lifestyle
gender, occupation, etc. and values
◉ Has targeted all users who are so ◉ Targets those whose lifestyles are
particular about their products needs more revolving around technology, to
to be made out of high quality be more specific android geeks and
material and want the best nerds.
specification in their smartphone.
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Geographic Segmentation: Benefit Segmentation:
◉ OnePlus has divided the markets ◉ Market is divided in terms of
regionally. benefits, needs and values a
customer expects from their
◉ Made easy to understand customer
products.
preferences separately.
◉ OnePlus offered customers the best
◉ Helped in making proper marketing
value for money product.
strategy(Markgraf). Customers benefited from high-end
specifications, build quality,
◉ Helped them to achieve trust and
ergonomics and even a better
admiration of the local people
looking phone.
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Market Targeting
In two Strategy
or three columns
◉ Target market of OnePlus lies within the limit of 14 to 35 years of age, off
course based on their ability to buy the company’s products.
◉ It also encompasses those tech fanatics and Android lovers who likes to adopt it
as soon as they are launched in the market.
◉ Adults between 26-35 years of age forms the largest target group as their
financial resources makes them potential purchasers.
◉ Also, as the Indian teens in early 20s are becoming more tech savvy and their
purchasing powers are increasing, the demand for OnePlus is set to increase
◉ If you are a avid technological enthusiast, you are on the potential list of
OnePlus
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MarketInPositioning Strategy
two or three columns
◉ Helps in creating a brand image in the minds of the target audiences and lets
them know what differentiates it from other brands existing in the same market.
◉ OnePlus identified two unique marketing plan based on which they positioned
the company on the perceptual map, these attributes were Low Pricing and High
Specifications.
◉ OnePlus has successfully targeted itself in the minds of customers as a premium
brand with exceptional features and a bold look.
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Position of OnePlus in Perceptual mapping
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OnePlus India Strategy
◉ OnePlus India Journey began in December,2014
◉ Traffic trends (Sales Data) for the company showed India on among top seven countries,
even though their product had not launched in the country.
◉ Amazon having a global presence was chosen for the first ever exclusive launch of a
mobile phone in India that time.
◉ Initially selling its products through Amazon India on an Invite only basis, OnePlus later
on partnered with Reliance Digital and CROMA to enable the offline purchase of its
products.
◉ In 2016, OnePlus decided to open their own dedicated experience store in Bangalore
◉ At present, India has developed into the largest market for OnePlus clocking more than
30% of its worldwide revenues.
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Positioning in the Indian Market
In India, OnePlus has positioned itself in the Premium Smartphone Market
OnePlus 33%
Samsung 26%
Apple 25%
Others 16%
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Interviews
You can also split your content
So, how would you like to comment on Oneplus as a part of your store?
Oneplus is an amazing brand in itself, but due to the online offers we don’t have high sales
for this product. But on the other hand the response we get, People who come in to buy
oneplus don’t go out opting another phone. This type of customer relation has been seen only
after Apple
Do you have regular stock of this company or you face any problems while launch of a new product ?
As stated, due to more online sales we don’t have high customer demand and the company maintains a
good supply in terms of stock. Rarely comes a time when we are out of stock
So finally i have a question for you, which brand phone do you own ? Jagat pal, 58
Well i own the Oneplus 6T model. And i’m pretty impressed by the performance, i don’t have to Reliance digital
keep on charging the phone again and again.
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Interviews
You can also split your content
What are the chances that your next phone is going to be a Oneplus?
Maybe
What are the chances that your next phone is going to be a Oneplus?
Not sure, Possibly
What are the chances that your next phone is going to be a Oneplus?
Negligible
What are the chances that your next phone is going to be a Oneplus?
Definitely
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152.5 Million+
Were sold in the year 2019, in india alone
https://www.livemint.com/technology/gadgets/oneplus-8-pro-sold-out-within-minutes-of-going-on-sale-even-as-calls-for-boycotting-chinese-items-11592591194029.html
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5C Key Analysis of OnePlus
Collaboration Context
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Company
One plus is a technology startup committed to bringing
the best possible technology to users around the world.
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Customer
One plus has tapped its customers by innovating in a
way that satisfies the necessities and demands and they
have managed to a develop a loyal customer base in
India.
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Competitors
The competitors of one plus are Apple, Samsung,
Xiaomi ,Micromax and Oppo Electronics. Their
unconventional methods of marketing unlike other brands
that promote heavily across traditional media, helps them
stand apart. If One Plus had focused on traditional
marketing, it would have drowned
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https://www.counterpointresearch.com/oneplus-grabs-1-position-indias-premium-smartphone-market-full-year
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Collaboration
One plus entered into the Indian Market with an Invite
only system. It caused some confusion but later it was
adopted by the consumers. One could only purchase the
device if they had an invite and it was valid only for a
day which created urgency and desire to purchase the
products.
One plus 3 was the first product that was not based on
Invite only system, it was available only on the official
website and on Amazon.
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One plus was manufacturing the device in Shenzhen and has a lot of 3rd party
companies manufacture for various parts, like the device uses Samsung displays
with Pentile- Matrix, Qualcomm manufactures the processor, the camera sensor
from Sony.
Since the launch of “Make in India” campaign, Oneplus started to assemble their
phone in Delhi, from 2017 onwards and has been manufacturing its devices in
India since February 2018.
Now they have experience stores, authorised stores, kiosks, Regional partners and
also sell their phone through croma and reliance digital.
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Context
Legal: On Dec 17,2014 Micromax filed a lawsuit against OnePlus against the use
of Cyanogen software being used as the main operating system in their Android
devices. The problems arose because Cyanogen signed a non-exclusive global
agreement with One Plus sometime before.
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Socio- Cultural: One plus’s prime focus is on the community and how people
react and respond to its various events and activities that it hosts. Their entire
ecosystem is built around making the public happy and providing solutions
accordingly.
Environment: On 25 April 2014, One plus began its “Smash the Past” campaign,
which asked selected participants to destry their phones on video in an effort to
purchase the One Plus One for 1$. Due to confusion, several videos were
published by unselected users. The campaign was criticised for environmental
waste and safety concerns.
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Relationship Marketing
● UGC- User generated content
● FAQ’s- Frequently asked questions
● Zendesk as Omni Support channel
● Zohocliq as Webpartners
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THANK YOU
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