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Which companies stand to gain most financially from this growth in a new market?
by notyourwork 7y ago
Which companies stand to gain most financially from this growth in a new market?
- pimmen 7y agoIf you have an app that solves something we take for granted in the West, and the initial cost barrier is very low, you have a great business model for the Indian market. When WhatsApp cost $1 per year it had a terrific business model for the emerging markets. Now that it’s free Facebook is complaining that they don’t make enough money.
- wtmt 7y agoIMO, it’s the ones that have a lean, low cost, low price, high volume model for their products or services. India is a highly cost sensitive market and there’s hardly any kind of customer stickiness that can be taken advantage of. Even mobile number portability has huge numbers reported every quarter where people switch, while retaining their phone numbers, between the four main providers (among which three are in doldrums) who have survived the brutal costs and truly ruthless competition.