Enthusiast • 2m
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!!
CHAIRMAN - BITEX IND... • 1y
Strategy For Startup Growth —} ( 4 ) Market Penetration Strategy Market Penetration Strategy is the one of the most successful strategy for increasing market share . This strategy was used by many brands when their market share Stop increasing
See MoreFounder And CEO Of F... • 1y
Shares of the Bombay Stock Exchange (BSE), one of Asia’s oldest stock exchanges, witnessed a 7% drop in intraday trading on Wednesday, October 16, 2024, sliding to ₹4,419 per share. The decline followed a downgrade by global brokerage firm Jefferies,
See MoreEntrepreneur | Build... • 7m
Tesla has finalized its first Indian showroom in Mumbai’s Bandra Kurla Complex, spanning 4,000 sq ft, with a rental rate of ₹900/sq ft. A second showroom is planned for Delhi, and Tesla is considering importing cars from Berlin for the Indian market.
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