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Anonymous

Stealth • 3m

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 profits. Once a brand becomes established and attracts a loyal customer base, the temptation to cut costs and increase profit margins often becomes too strong. This usually results in a noticeable drop in product or service quality. This short-term approach can backfire, as customers begin to notice the decline and may lose trust in the brand. Over time, this erosion of trust can damage the company's reputation and hurt its long-term success. 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 profits.

0 replies3 likes

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