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Havish Gupta

Stealth • 4m

How Memberships are Indirectly Profitable! If you look at any membership in any industry, you might think the company is losing money because of the perks they offer! But that's not true. Let’s take airline memberships as an example. Imagine you h

Anonymous 1

Stealth • 4m

True and a good example too but not every company needs a membership thing. I mean take lenskart for example. How mnay breaks are you going to experience to use their membership to the fullest? How mnay broken chashmas to validate that expense in you

Havish Gupta

Stealth • 4m

Well lenskart membership is basically a way to sell more. Like as you said, you don't actually break specks and you also don't change them every few months. So i got the math, a lenskart glass costs about 1500, while their gold membership costs 600 something and offers 1+1. Thus as a consumer we think it's a great deal and purchase it but at the end Lenskart gets benifited, not us. This have personally happened with use multiple times

0 replies

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Can someone give me a honest review about 1%Club membership

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BlackJack

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A random thought:🤔 A regular gym enthusiast go to the gym for 4 days a week. With the above math you will not be going for more than 40% of your gym/fitness membership tenure😯 The above math is even worse for lazy Sloths like me.

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Karunakar CH

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Vishu Bheda
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Zomato with a Rs 2.4 lakh cr mkt cap has profits of Rs 600 cr. While Indusind bank with a 1 lakh cr mkt cap has profits of 9000 cr. What am I missing?

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vishakha Jangir
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Havish Gupta

Stealth • 3m

Do you think that the Costco model can work in India? For those who don't know, Costco is an American Supermarket chain similar to Walmart and DMart. The Catch is that only those who have purchased Costco Membership can shop there. And since Costco

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