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Adhithya Pinghley

Automation engineer ... • 1y

A few years ago, me and my friend started a electronics retail business. Electronic components related to Arduino, rpi and everything related to that like sensors, motors etc. We had registered on indiamart. We get some orders through that and some f

Tarun Soni

Hey I am on Medial • 1y

👋 Brother if your products are not just cheap but rare then it can work because Just imagine if i need something which is available everywhere then it i am going to buy it but if it's not common then i will go to a specific store or brand who sells

Adhithya Pinghley

Automation engineer ... • 1y

Thanks man for the response, I have gotten this idea of discounted sales from Walmart. 'The Walmart way'. You don't get profits from products, but from volume of sales. What do you think?

Tarun Soni

Hey I am on Medial • 1y

The thing is that the amrket psychology of U.S and India are way different. There you can easily sell product on low price as it's a developed country but in India there's a lot of competition on price level and also if you want to grow the way you told then prices have to be increased to generate revenues and meet the expenses. I believe from helping others to innovate you should innovate something. Rest is all your choice because you might have a lot knowledge than me in your field i just gave my pov on that. 👍🏻

2 replies

Replies (2)

Adhithya Pinghley

Automation engineer ... • 1y

Thank you so much on the insights. It's true what you've said. The reason why we started it this way was because of Walmart way. But over the years, I have evidence to support what you said. We had to increase prices in the middle for some reasons. If you have any idea or someone you know can guide me. Let me know. I can take any type of advise. Both positive and negative. Thanks again.

0 replies1 like

Adhithya Pinghley

Automation engineer ... • 1y

And what do you do, let's connect on LinkedIn?

0 replies

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