Mukesh Ambani's Jio isn't streaming IPL for free, Infact Jio made more than 3,300 crores in revenue.
Jio used a famous business strategy called as loss leader strategy
Loss leader strategy is where a product is sold at a low price or for no pric
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Harsh Gupta
Digital Marketer (Me...ย โขย 1y
But this is strategies can not be implemented by all , since it's very Risk strategy, if you don't have very clear vision or backed up you fail very badly
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For a startup it is important to have a clear and long vision, target on goal, focus on compatible business strategy, attention of consumers, and being prepared to face upcoming challenges.
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Why do you think start-ups fail ?
Tell a reason other than what we already know like
~ no clear vision
~ just focusing on valuation
~ false promises
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~ wrong market placement
etc..etc...
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Hey, What do you think about failures in life?
Yeah! They teach us priceless learnings but I think if you're ready to Try, Fail and Learn it's also very important to be ready to handle it because we don't know what all effects that failure will brin
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Hello medial family. Iam thinking to start my strategy series where I tell the strategies of different companies and startups.
What do you think ๐ค ??