This study examines Xiaomi Auto's marketing strategy using SWOT and 4P frameworks, with a focus on its entry into the competitive electric vehicle (EV) market in China. With a bold investment of $10 billion, Xiaomi, recognized for its technology products, entered the electric vehicle market and introduced the SU7 in 2024. The research assesses Xiaomi's advantages, such as its ecosystem integration, extensive user base, and competitive pricing strategy. Weaknesses, including limited automotive expertise and challenges with brand positioning, are also addressed. Xiaomi's growth opportunities are emphasized, especially in utilizing government incentives, technology convergence, and expanding into international markets. Examination is given to threats posed by intense competition, worries about safety, and doubts from consumers. Xiaomi's product positioning, pricing strategy, distribution methods, and promotional tactics are detailed in the 4P analysis, which emphasizes value-based pricing and ecosystem integration. In conclusion, the paper offers Xiaomi strategic recommendations that emphasize quality, after-sales service, and transparent communication as means to foster long-term consumer trust and loyalty in the automotive sector.
Research Article
Open Access