To say that the Xiaomi Mi Note 2 is popular in China would be an understatement. According to reports, the device, the latest smartphone of the company, sold out a mere 50 seconds from the launch of its first flash sale.
Mi Note 2 As Galaxy Note 7 Replacement
The launch of the Mi Note 2 could not have come at a better time, as customers are still looking for a replacement to the discontinued Samsung Galaxy Note 7. Xiaomi is offering the smartphone as a worthy alternative to the Galaxy Note 7, with a similar dual-curved design and powerful specs.
The first flash sale of the Mi Note 2, which took place on Nov. 1 in China, saw all units being offered by Xiaomi sold in just 50 seconds, officially breaking the record previously held by the Mi 5.
Xiaomi Flash Sale
It should be noted, however, that the trend of selling out smartphones in such a short amount of time has been how Xiaomi handles its sales. Xiaomi creates an initial supply that is lower than the expected demand for the smartphone, causing the first batch to sell out quickly as there are fewer units of the device to start with than the number of customers looking to make the purchase.
At first, this might seem like bad practice, as companies would want to sell as many units of new products as they could from the start. However, with how Xiaomi is conducting its sales, the company is able to keep shipping and inventory costs low while maintaining the high demand for the devices, as seen in the case of the Mi Note 2.
It is unknown whether the Mi Note 2 will be coming to the United States and when Xiaomi will do so, if it is being planned. Customers could place their orders through Chinese importers though, if they could not wait for an official announcement. The next flash sale for the smartphone will be on Nov. 8.
With the Mi Note carrying a price tag of only about $413 for the 4 GB of RAM and 64 GB of storage version and about $487 for the 6 GB of RAM and 128 GB of storage version, it has been described as an attractive option that offers similar features and specs to the Galaxy Note 7. The low price also increases its appeal over other choices such as the Google Pixel XL.
The Mi Mix, meanwhile, is set to go on its first flash sale on Nov. 4. Will the edge-to-edge bezel-less display of the smartphone allow it to sell out even faster than the Mi Note 2?
