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Hiral Jain
CA interĀ ā¢Ā 1y
Hey there! Here is a quick summary of mistakes made by comapines that didn't allow them to stay in out market! The Indian market is a huge opportunity, but it's also incredibly challenging due to the diverse population and the difficulty of adoption kd a new product! - KINGFISHER: Poor financial management and bad leadership. - CHEVROLET: Failed in marketing and couldn't convey their purpose effectively, especially in the face of tough competition. - TATA NANO: Consumers valued quality over price, and looks also played a significant role in their decision-making. - BISLERI POP: Couldn't attract consumers, nothing new copied flavours. - UBER VS OLA: Ola understood the market and adapted their strategies to resonate with our consumers, while Uber struggled. - NOKIA: Failed to adapt to change and didn't keep up with the latest technology We shall try not to make the same mistakes! Byee!
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