🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Ronak Patel

Here you go! • 6m

Lowering price is the worst strategy to increase sales Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1] Tap into dreams: Understand your audience aspirational self. What do they wa

SHIV DIXIT

CHAIRMAN - BITEX IND... • 6m

india is price sensitive market and for better sales and mass scale manufacturing you need to decrease the price and focus on maintaining the same unit economics with large scale reach.... Every market has different dynamic and sales model so lowering the price is not good or Worst strategy even if you sell the same indian product without terrif on American market then peoples will reject on this basis of quality not price but same thing is acceptable in Zimbabwe , nepal , bangaladesh , pakistan , iran , Bhutan and other countries so at the end of the day it's all about necessity

1 Reply

Replies (1)

Ronak Patel

Here you go! • 6m

Totally agree, but it is worse if we position our brand as a luxury product and go on decreasing the prices with response to our competitors move on decreasing the price.

1 Reply

Recommendations from Medial

Vishal Laljani

Hey I am on Medial • 21d

ChatGPT is now available in India at ₹399/- !! Here's Why? ⚡Pricing Strategy used- Market Penetration 🤔 What is Market Penetration? It is a strategy which is used by companies to quickly penetrate into the Price Sensitive market, by lowering the p

Yes, of course

No, I don't think so

Votes: 31

10 Replies

Pulakit Bararia

Founder Snippetz Lab... • 5m

If you have to discount to close the deal, you’ve already lost. Price isn’t the problem. Perceived value is. People pay full price for things they truly want. Instead of lowering the price, raise the worth. Fix the offer, not the tag."

1 Reply

Anonymous

Hey I am on Medial • 7m

👑 Bhutan King ( Jigme Khesar Namgyel Wangchuck ) Visited Mahakumbh and take dip with Yogi Adityanath 🚀 He is the King of Bhutan so , it's a really huge thing and many big businessmens are arriving 🕉️🙏 ........

2 Replies

Rohan Saha

Founder - Burn Inves... • 3m

India Hits the Brakes on Bangladeshi Imports Blocked: Readymade garments, processed food, and more. Free: Goods transiting to Nepal and Bhutan.

Anonymous

Hey I am on Medial • 6m

🤕 Why Indian's are not commenting now against Elon musk that he forced India with the help of Donald Trump to open indian market for him and other american brands at low terrif Same People's criticized Adani and Ambani when they asked for support f

3 Replies

Account Deleted

Hey I am on Medial • 7m

Same capsicum, same vendor, same location and same time. On Zepto. On android price- Rs 21 On iPhone price- Rs 107 What is Zepto engineers smoking 😂

21 Replies

Ronak Patel

Here you go! • 6m

13 Replies

Blessing Takunda Chindowa

Productive Innovatio... • 1y

Hey guys I am studying here in India. I am from Zimbabwe in Africa .So I want to start a money transfer business at better charges from Zimbabwe to India and vice versa since the bank charges are too high for international transfers . Any suggestion

6 Replies

Riyaz Saifi

Hey I am on Medial • 9m

we are manufacturing for railways machine unlimited sales business large scale and sales but financial problem any intrested call me

1 Reply

Mahendra Lochhab

Content creator • 3m

India is the 2nd largest producer of tobacco in the world after China. India is the 4th largest producer of FCV tobacco in the world after China, Brazil and Zimbabwe.