Back in April, the 4+64GB Version of the Redmi Note 10 Received a Price hike, not including the early bird offers that came along with it. Just a few days ago, the 6BG RAM, 128GB Storage Variant got another price increase by 500 Rupees. Now, once again, for the third time the Redmi Note 10 Base Model has received another 500 Rupee Price Hike.
There used to be a gap of 2000 Rupees between the 4GB RAM, 64GB Storage model, the gap widened to 2500 after the previous price hike which was just a few days ago. Now there is another price hike which brings the price gap right back to 2000 Rupees.
Now they are maintaining the 2000 Rupee gap once again, just as it was initially.
We already covered the previous price hikes in this article:
The 4GB RAM Variant will now cost 12,999 Rupees instead of 12,499. And the 6GB RAM Model will cost 14,999, that price is unchanged for now, and most likely will not be touched again.
The Redmi Note 10, when it launched for only 11,999 was a really good deal with a 1920*1080 OLED Display, Snapdragon 678, Gorilla Glass 3, A Quad Camera Setup with a 48 MP Main + 8MP Ultrawide (and then we have those rubbish 2+2 MP Cameras) and a 13MP Front Camera.
With 33W Fast Charging Support and an all-day 5000mAh Battery, this made the Note 10 a well rounded and very aggressively priced device that seriously outperformed its price by a huge margin.
A lot of reviewers praised the device. Its price to performance ratio was really good. Then the early bird offer ended and there was a price hike. Then there was another price hike for the 6GB RAM Model a few days ago. For the 4GB RAM Model, today the price was hiked again.
Since 64GB will be enough for an average user, many will opt for the base variant and since it has expandable storage (Micro SD Card Slot), storage is not a problem.
With all these hikes, the value proposition of this smartphone is starting to crumble because competitive brands are coming up with more aggressively priced phones.
Just what we did not what, the base model was hiked by another 500 to bring the price gap between the two models back to 2000 Rupees, and it is now competing with better offerings like the Galaxy M32, Realme Narzo 30 Pro with the Dimensity 800U, Realme 7 and 8, Narzo 30, Poco X2 and X3, last year’s Note 9 Pro Max and Poco M2 Pro, Narzo 20 Pro, and a lot of other value for money smartphones.
There will most likely be no more price hikes for this smartphone, because this is the maximum you can practically price it at.
It is very clear that these devices are much more expensive than they initially were, and that their value for money has gone down quite a bit. This is most likely due to new taxes and import fees, or it could be due to the fact that all the ads from MIUI are gone and the revenue they used to get from those needs to be remade, and it also might be for a better profit margin. Whatever the reason is, it is inconclusive why the price hikes are happening, most likely increased import taxes. Any more hikes to any other devices in the Redmi lineup will not do them any good and it also might cause backlash.
Thanks a lot for reading.