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LG drops prices of Smartphones : Excess Stock !!

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LG India has always failed to impress Smartphone Users, Though I would like to mention ” LG Smartphones are Technically far better than most of the Indian and Chinese Smartphones “, but still LG could never gain Market share.

In 2015, LG India was in a miserable condition, Sales dropping to almost Rs 12 ~ 16 Cr ( per month ), as against 150 Cr in 2013. I can say, this sales is even less than any Dealers sales in one particular part of the City.

But, Still LG is managing the Mobile Business !! Is the Brand issue , or LG is seriously committed for Mobile Business. Though, In my personal opinion, 2nd option is hardly 1 %. The Basic problem is the Foreign Management, which failed to understand the Indian Market and Consumer badly. Even a product like Google Nexus 5x failed.

Let’s have a close look at the Smartphones which are on special offer at LG India Store. ( Funny point is, at LG Online Store , LG has clearly mentioned : We do not Guarantee the Originality of Products, Suitability & Updated Technology for Indian conditions and LG Authorized After Sale Services for LG Products purchased from any other E – Commerce Websites. )

LG G4 : Price reduced from Rs. 46,500 to Rs. 38,990

LG G Flex 2 : Price reduced from Rs. 56,000 to Rs. 33,990

LG G3 : Price dropped from Rs. 42,500 to Rs. 31,990

Nexus 5X – 16GB  : Price dropped from Rs. 31,900 to Rs 23,399 ( Best Price at Amazon India ) 

Nexus 5X – 32GB  : Price dropped from Rs 31,900 to Rs 27,900 

 

 

 

 

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Rakesh Bhatia

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