Fans haggling over the price of Xiaomi Redmi Note 4.

Xiaomi started its operation back in April 2010 by ex-Kingsoft CEO – Lei Jun. However, the Xiaomi gained market share in mainland China only after its first smartphone in August 2011. The company has over 8000 employees mainly in mainland China, India, Malaysia, and Singapore. So the Xiaomi is on hype these days.

Although Xiaomi released its first smartphone in 2011, it took years to show up here in Nepal. Now, the Vatsal Impex Pvt. Ltd. are the authorized dealer of Mi phones and other Xiaomi products in Nepal. Mi phone has covered quite a good market here in Nepal because they cost very low as compared to the high-end smartphone with an exact same specification.

However, the customer/fans are not convinced with the Xiaomi Nepal. The fans think that the Xiaomi Nepal is charging its customer a high price compared to the cost in neighboring countries. This price argument started when Mi Nepal quoted the price for its upcoming smartphone Redmi Note 4, costing NRs. 32, 999/-.  The Redmi Note 4 costs around 19,000/-NRs. in China.

The smartphone is still to come in the market but the fans are already haggling over the price.

The fans are not happy because of the price margin (74% above the actual price) from NRs.19000 (China Price) to NRs. 33000 (Nepal), which is too huge.

As the Facebook page began to fill with negative comments, Mi Nepal defended themselves saying:

“Xiaomi handsets are sold only through online in China”

“Xiaomi handset are manufactured in China. Since, we cannot sell out products only through online here in Nepal, so selling through retailer stores effects in our pricing. Also, Xiaomi handsets are manufactured in China, so it is obvious that is will cost cheaper there, whereas we have to import if from there.”

“Xiaomi Devices are also available only through online in India and recently Mi India launched Redmi 3S. Also devices like Redmi 3S pro, Redmi 3S are manufactured in India which helps to keep the pricing low in India.”

Hey, Mi Nepal, 74% price margin? that’s huge .

A fan also claimed that “the Mi will die as the Nokia died” (Chill dude, Nokia had different reason)

A fan made a very interesting point:

Whatever the reason is there behind the huge difference in pricing but we can tell that the fans are not happy with it. We have to wait until the phone comes out and how the fans react. It is also a challenge for Mi Nepal,  how they will convince the customers to buy Redmi Note 4.

Here’s the Technical Specification of the phone:

Till then, what do you think about the price quoted by Mi Nepal? Do you think the price is reasonable or Mi Nepal should consider slashing the cost? Do not forget to comment in the comment box below!