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Anonymous

Hey I am on Medial • 1y

Let’s start a discussion on CRED. What do you think of this startup ? Loss making, super premium product, expensive ipl ads. What’s the market like for them ? Is it Just a big bubble startup or something valuable can come out of it. I see that they g

Prajwal Kumar

Co-founder @Fluencer... • 1y

If we divide India into 3 parts based on the spending power. Then we get india 1,2,3. India 1 has highest spending power accounting for almost all premium purchases. If any brand becomes favourite of this group of people, that brand becomes goldmine, cred is this group's favourite. They just need figure out ways to get this audience spend on their brand, but the brand loyalty they have earned is really valuable and monetisable.

2 Replies

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Sangamesh R K

Hey I am on Medial • 1y

Problem with this, that CRED product is easy to recreate and if a good competitor comes into market it could spell trouble for them

1 Reply

Anonymous

Hey I am on Medial • 1y

Tough. Let’s see what happens, definitely seems promising. Great explanation man.

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Hey I am on Medial • 1y

LGBTQ+ people have too much spending power in India most of them come from rich background...any startup ideas to make them our costumer?🤔

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Arcane

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We're late, but we're getting there. Hopefully we'll be able to match the spending power of China(2011) by the end of this decade.

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Anonymous

Hey I am on Medial • 9m

Dear future entrepreneurs don't do like this. In India, it's common for companies to follow a pattern where, after achieving significant brand visibility and popularity among customers, they shift their focus from maintaining quality to maximizing p

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Medial • 2m

𝗜𝗻𝗱𝗶𝗮 𝗶𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝟮 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝗶𝗻𝘀𝗶𝗱𝗲 𝟭 If you’re building for India in 2025… There’s one thing you must understand. 𝐈𝐧𝐝𝐢𝐚 𝐢𝐬 𝐧𝐨 𝐥𝐨𝐧𝐠𝐞𝐫 𝟏 𝐦𝐚𝐫𝐤𝐞𝐭. 𝐈𝐭’𝐬 𝟐 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧�