Skip to main content

realme looks back on two years of phenomenal growth with users and employees at second-anniversary celebration





realme, the world’s fastest-growing smartphone brand, recently shared the drivers behind its explosive growth and international success in an open letter written by Sky Li, realme’s Founder and CEO to employees during the company’s second-anniversary celebrations, “the realme 828 FanFest”. Held on August 28, the two-year-old company launched a social media campaign to highlight the milestones achieved thus far.

Before the celebrations, realme collected thousands of stories from loyal fans with the headline: “Dare to be_____.”  Many fans responded with anecdotes on how they resonated with the brand values and dared to surpass themselves while facing adversity and challenges. realme has selected nine stories and made them into videos to show the “Dare to be realme” spirit of realme fans.
With an eye on the international market from the outset, realme’s international marketing division has grown to more than  61 markets. realme credits its fast growth to the hyper-localization and a deep understanding of their target consumer. They also employed various internationalization strategies that brought success, included light-asset, and short channel to face the consumers directly.

As a new entrant to many global markets, realme had to build up a reputation quickly and convert customers. Li said: “We built our teams locally from the ground up. We allowed them to use the resources they had to send our message of ‘Dare to Leap’ to the youths and young professionals. We realized this was a desire that transcended cultures and was familiar to young people everywhere.” realme’s marketing strategies involve hiring local teams to support collaboration with their fans and consumers to make content that is relevant and resonant with their audience.

realme has placed itself at an exciting niche in the market, target young consumers who enjoy high-quality and trendsetting designs but are also sensitive to prices. Li said: “realme grew extremely fast because we were true to our mission: to create products with leapfrog performance and trendsetting design, and to build a smart life for young people with Internet of things. Being consistent and original showcased our brand values, which gained us trust, which is especially important for a young company like us.”

For the young users of realme, success to them is not merely about price but also about value. Keeping in line with its target audience, realme is the popularizer of 5G technology, being one of the first smartphones to incorporate 5G capability into its products, such as the realme X50 Pro 5G.
For their next challenge, realme plans to take on the AIoT market and introduce over 100 AIoT products in 2021 for its consumers. “We have proved in two years that a new brand can also have opportunities, but this is just the beginning. There are infinite possibilities in the future. The dare-to-leap spirit will accompany us to continue to move forward”, said Li in the open letter.

Comments

Popular posts from this blog

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

           As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report:   The  role of the CFO and finance function in the climate transition: driving value and sustainability,  based on a survey of 1,000 senior finance professionals around the world.   The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one.   The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress.  They should embrace this because, although they may not

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

             TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of BeyoncĂ©, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast.   The star-studded and narrative-centric anthem feature

Economic confidence among finance professionals edges higher globally despite big fall in North America

                                            The latest ACCA (the Association of Chartered Certified Accountants) and IMA ®  (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average.  For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices.   There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial professio