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vivo Emerges as the No.1 Brand in 10-15K price segment in India!

According to GFK, vivo registered an unprecedented 48% growth in volume and 33% growth YoY in value

   

vivo, one of the innovative global smartphone brands, today announced that it has recorded its highest ever market share of 22.5% in terms of value and 21.4% in terms of volume in September 2019. As per the latest GFK, vivo secured 48% growth in terms of volume and 33% growth in terms of value at a time when the industry grew at 11% and 9% volume and value respectively.

The brand has fortified its customer outreach by launching smartphones with innovative and groundbreaking technologies across price points in the year 2019. It continued to strengthen its leadership and emerged as the top brand in 10k-15k price point in Q3 as per GFK. Furthermore, the first model of the recently launched S-series-vivo S1, has emerged as the highest-selling model in 15k-20k price segment in September (as per GFK)

Expressing his delight on the latest GFK report, Nipun Marya, Director-Brand Strategy, vivo India said,

“Customer-centricity has been the key USP of vivo and continues to be the core of our growth and success in India. Our market share in India has witnessed a constant rise over the past several months, and the latest GFK numbers are a testament to the constant acknowledgement of our efforts by our customers. We shall continue to surprise smartphone lovers and continue to focus on creating a seamless experience.”

This year vivo has completed five glorious years in the country and will continue to build a strong foundation to create a successful long-term brand in India by bringing innovative products backed by an aggressive marketing strategy.

Here are the recent videos we did for some of the recent vivo smartphones which have done good numbers:

So guys what do you think? Would vivo be able to sustain the momentum it has built across the offline and the online markets in India? Do let us know your thoughts in the comments section below! You can also subscribe to our newsletter and our push notifications in order to get more timely tech updates delivered to you on a daily basis!

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I blog at Iocreed.com and love technology. I am an IT engineer from New Delhi and love social media and insights into human behaviour and why people do what they do!

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