What is Realme’s goal in terms of smartphone sales by the end of 2024?

Realme’s Ambitious Goal: Dominating the Smartphone Sales Landscape by 2024

Realme, a rising star in the smartphone industry, is setting its sights high with an ambitious goal: capturing the top spot in the highly competitive Rs 15,000-Rs 25,000 smartphone segment by the end of 2024. This bold move signals the company’s determination to become a major player in the Indian smartphone market.

A Focus on Innovation and Value

To achieve its ambitious goal, Realme is banking on its strength in offering innovative and feature-packed smartphones at affordable prices. The company’s new P series, set to launch in the second week of April, will embody this strategy.

• Performance: The P series smartphones will prioritize performance, ensuring a seamless user experience for tasks like gaming and multitasking.
• Design: Realme understands the importance of aesthetics, and the P series will feature sleek and stylish designs that appeal to discerning consumers.
• Display: Enhanced display capabilities will be a key aspect of the P series, providing immersive and vibrant visuals for entertainment and productivity.
• Charging: Faster charging technologies will be incorporated into the P series, catering to the growing need for convenience and efficiency.

A Strategic Alliance with Flipkart

Realme has forged an exclusive partnership with Flipkart, India’s leading e-commerce platform, to fuel its growth in the targeted price segment. This partnership will provide Realme with access to Flipkart’s vast customer base and robust distribution network.

“We aim to seize the lead in the Rs 15,000-25,000 smartphone segment this year, particularly with the introduction of our P series,” said Tarini Prasad Das, Realme India’s Business Strategy Lead. “This lineup is set to become the segment frontrunner.”

A Proven Track Record

Realme has consistently impressed analysts and consumers alike with its value-driven smartphones. The company has rapidly ascended the ranks of India’s top smartphone brands, capturing a significant market share in various price segments.

“We have entered into an exclusive partnership with Flipkart for the P series. We aim to reach the milestone of 50 million sales on Flipkart this year with the launch of the new P series,” Das affirmed.

With its focus on innovation, strategic partnerships, and a strong track record, Realme is well-positioned to achieve its ambitious goal of becoming the leading smartphone brand in the Rs 15,000-Rs 25,000 segment by the end of 2024.