servebolt
Mobile

Galaxy S20 + lost 10 million after only 3 months on the shelves in Vietnam

The trio of Galaxy S20, Galaxy S20 + and Galaxy S20 Ultra were officially put on the shelves of Vietnamese retailers on March 6. With the price of VND 21.5 million, VND 24 million and VND 30 million respectively, the Galaxy S20 series continues to break Samsung’s previous records to become the highest-end smartphone trio with the highest price ever.

However, sales of the Galaxy S20 did not meet Samsung’s expectations. According to the data we collected at the time of ordering, the order of the Galaxy S20 is only about a quarter of that of the Galaxy S10. Also according to a recent report from PCMag, after the first 7 weeks on the market, sales of the Galaxy S20 are only half that of the Galaxy S10.

There are many reasons why Galaxy S20 sales are affected. The product is less attractive, the price is high, or it could be due to the COVID-19 epidemic. Regardless of the reason, what Samsung is interested in right now is definitely finding ways to boost sales.

In particular, one of the simplest and most effective ways that Samsung can do is to reduce the price of the product. And it seems that will be the way that Samsung will do in the near future in Vietnam market.

As we refer, a few retailers are having a “hot sale” program for two models Galaxy S20 + and Galaxy S20 Ultra with the prices of VND 14.5 million and VND 20 million respectively. Thus, compared to the time of its launch just over 3 months ago, Galaxy S20 + and S20 Ultra have lost up to 10 million dong.

Galaxy S20 lost 10 million after only 3 months on the shelves in Vietnam | Mobile

Galaxy S20 lost 10 million after only 3 months on the shelves in Vietnam | Mobile

For those who bought the Galaxy S20 at the time of launch, this is clearly not very happy news. On the contrary, for those who are intending to buy, it is a great news.

At the time of launch, the price of the Galaxy S20, S20 + and S20 Ultra is considered to be high compared to what these devices offer. But now, with a significant price reduction, the S20 + and S20 Ultra suddenly become the Android smartphone duo worth considering.

Discount Galaxy S20 may also be a measure of Samsung to “clear the way” for the upcoming Galaxy Note20. As expected, in early August, Samsung will launch a series of new high-end smartphones including Galaxy Note20, Galaxy Fold 2 and Galaxy Z Flip 5G.

[ Æsir Tales ]
Back to top button