China Smartphone Internet Retail Sales Take 31% Share of Overall Market in H1 2021
Source: Counterpoint Research Report "China E-commerce Channel Smartphone Market Analysis, H1 2021"
China’s e-commerce marketplace is moving into a new era. Livestream sales have made rapid gains since H2 2020 in terms of viewership and continue to be very important to smartphone OEMs in 2021. Several CEOs have appeared in these live broadcasts to promote their smartphones and other products. Nowadays, a smartphone OEM in China needs to possess a trendy and comprehensive e-commerce channel strategy. Different types of online platforms have different target audiences. A customized product and pricing strategy is needed to push sales on these platforms.
China E-commerce Brand Matrix
Research Analyst Mengmeng Zhang said, “We estimate that the smartphone market in H2 2021 will still have higher sales than H1 2021 before moving to a flat or tiny uptrend in 2022. This means huge pressure on the leading smartphone OEMs to get their strategy right to retain or increase their share. With the right plan for internet retail, OEMs can yield twice the result with less effort.”
You can access Counterpoint Research’s latest report ‘China E-commerce Channel Smartphone Market Analysis, H1 2021’ here.
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Counterpoint Technology Market Research is a global research firm specializing in products in the TMT (technology, media and telecom) industry. It services major technology and financial firms with a mix of monthly reports, customized projects and detailed analyses of the mobile and technology markets. Its key analysts are seasoned experts in the high-tech industry.
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Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.