Good News..LYF mobile phone backed by Reliance Retail has announced price cut for its three models.They are Flame1,Windows 5,Water 7.Though these models are performing well and are in demand,the price was cut to reach many customers and thereby increase their presence in the market.Right now it has become on of the mobile brand in top 5 in India.The company is expecting to earn more profits by decreasing price and increasing sales.Good News..LYF mobile phone backed by Reliance Retail has announced price cut for its three models.They are Flame1,Windows 5,Water 7.Though these models are performing well and are in demand,the price was cut to reach many customers and thereby increase their presence in the market.Right now it has become on of the mobile brand in top 5 in India.The company is expecting to earn more profits by decreasing price and increasing sales.
These three new mobiles the WIND 5 is now available for 5599,WATER 7 is for 9999,Both of which have got INR 1000 and INR 3000 Price cut.And in the other hand the price of FLAME 1 is just INR 4399 reduced from it's actual price 5499.Apart from FLAME 1. The company budget a FLAME SERIES has five smartphones as of now which include FLAME 2,FLAME 3,FLAME 4,FLAME 5 and FLAME 6. Among them FLAME 2 is priced 3499 while remaining models are available at 3999.In addition the company is selling WATER 2 for a price of INR 9499,which INR less than 4000 that models original launch price meanwhile,the more affordable WIND 6 is priced at INR 5999 which is less than 500 it's launching price.
With this price cut the company is expecting to compete with micro max,lenovo and Intex in 4g smartphone segment which are having a wide variety of phones in this segment.For customers it is good sign that the price of 4G mobile phones will go down as other players will start to reduce price to maintain their place in the market .We can expect a 4G smartphone in coming days within the price range of INR 3000
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