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Vishal Laljani

Hey I am on Medial • 12h

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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