MIUI ECONOMICS 企二乙 宋婕瑜 查穎 Outline Introduction Organization Price&Product Marketing Introduction MIUI was established in 2010 Produce Goal: In products by the Internet “Let everyone enjoy technology.” 2014, MIUI became no.1 in china and no.5 in the world. Introduction Sales of MIUI Phone grew up very fast. Organization Reason for Vertical Integration: Solve disperse sale’s problem Software didn't’t fit well with the hardware Unfriendly experience for the consumer They started from software (MIUI) then went to cellphone production Outstanding financing result incentivizes the vertical integration Organization Vertical Integration=鐵三角 Software Hardware Internet MIUI Mi phone (小 米機) Mi Talk (米聊) Price&Product Pricing Target strategy audience: average income consumer Demand: elastic Low price= increase on sales TAKE MIUI PHONE M1 FOR INSTANCE 1999 Price&Product Menu of MIUI products Categories Ex Mobile phone Redmi , mi4 Pad Miui pad TV Miui TV Charger Power Bank Headphones In-ear Software MIUi Others Wireless router, miui watch Price&Product Economic of scope Many products to choose from Demand: more elastic (many kinds of products increase the elasticity) Marketing Marketing COUPON Cut wholesale price With coupons, prevent retailers from getting part of price cut
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