On October 15th Xiaomi will begin sales of the much-anticipated Nvidia Tegra 4 powered Xiaomi Mi3. We expect the Mi3 to sell out fast, but just how fast?
Xiaomi are masters at marketing and creating demand. Their whole approach is to build so much anticipation that when they finally do launch a product it is guaranteed to sell out, and usually within just a few minutes! The explanation behind this is that they don’t want to manufacturer to many of a single phone and be left sitting on unsold stock, a good reason from a business sense and this also helps explain the companies low retail prices, but it can still be infuriating to customers.
Gizchina News of the week
This coming Monday (15th October) at 12 noon, the China Mobile version of the Xiaomi Mi3 will go on sale. 100,000 handsets are up for order and judging by their recent 2 minute sell out of the Hongmi for the same amount, we believe the Mi3 could be out of stock even faster!
30 seconds max,even 15 is generous.
well they know how much is the demand of their phone. in my opinion if they can sell 1L of phones in less than a minute then there is nothing wrong in producing it in more numbers and clearing in a day or 2 max. I think it’s a loss of opportunity to utilize the demand and supply accordingly. By the time an international user will get their hands on it, there will be better options available in market.
its only 100,000 units :/
The Hongmi was sold out in under 4minutes upon release (50k).
The Mi3 isnt that cheap, so itll take at least 2mins imo.
200000 of the Xiaomi Mi2s were sold in 45 seconds.
Hello folks, The 15th is tuesday, not Monday 😉
Doh! thanks for that 🙂
100,000 Xiaomi MI3 Smartphones Sold out in 1 Min 26 Secs and 3000 Xiaomi MiTV sold out in 1 min 58 secs!
1min 26 seconds according to their HK facebook page.
Which is less if you consider the crash the site got due to traffic