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Vishal Laljani

Enthusiast • 4m

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 price initially and gradually increasing the price later, once the customer gets habitual to your product or service. ✨Real world Examples: Jio Telecom- Initially lowered the price to penetrate the market and now their plan prices are too high (as compared to the company's initial stage) What do you think will it help ChatGPT to gain customers/subscriptions?? Answer your opinions in the comments!!

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Harsh Dwivedi

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she knew ₹399 was the sweet spot for indian users even before chatgpt

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What should be the marketing strategy, when you are launching a new product category in market? Should we think to penetrate market first for awareness irrespective of PnL or should take conservative steps keeping breakeven in mind?

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India is the second largest smartphone market in the world by annual shipping volume, after China. In 2022, India had a smartphone penetration of 46.5%.

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