Tag: products

Categories
Tech

Xiaomi EV is Coming Soon and Im Excited

Xiaomi entering the EV market.

I think Xiaomi is one of the most interesting companies in the world. Xiaomi has managed to develop a huge portfolio of products with the aim of selling them with low margins to gain as much market share as possible and then make most of their margins from software based services for these products.

Xiaomi has now announced that they are going to spend $10 billion USD over the next 10 years to manufacturing electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market.

Xiaomi didn’t specifically state whether they were going to develop the software for these EVs or develop the entire Car (much like Tesla).

I would assume they will go down the Tesla route to market and will develop an amazing EV.

Categories
Tech

How has Xiaomi grown so quickly?

xiaomi phone lineup

Xiaomi is a very interesting company with a very interesting business model.

The vast majority of phone manufacturers around the world create a smartphone with a cost of around $100 and then they spend a huge amount of money on marketing and branding. The company then believes that the smartphone has a much higher percieved value – so they sell it for $400 or above.

Xiaomi doesn’t do this!

Xiaomi is aiming to sell all of its products as close as possible to their costs – as they want to have as many products available in the world as possible.

Once out in the world and being use – Xiaomi then looks to drive revenues from providing software and services around these products, which has a much higher margin that the hardware itself. Thus, driving higher demand, more product adoption and thus more revenues from services.

Categories
Tech

Where Can I See a Full List of Zoho Products and Services?

Zoho is a software provider that creates a huge amount of products and services.

Head to their website about page to see a full timeline of all of their main product launches.