Dial M for margins: Chinese phone companies offer higher share to retailers

Since last year, Chinese brands, especially Xiaomi and Realme, have been focusing on offline retail, which is more conducive for selling premium products and supporting their push towards expanding into appliances and other Internet of Things products. "Higher margins will encourage retailers to take time educating customers about the brand and products," said Tarun Pathak, research director at Counterpoint Research.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.