Thanks sir for ur views which are very clear and practical. That is the reason sir I was requesting u to run thru my blogs being my Idol, mentor and Guru for close to 30 years. Ur inputs will make all of us learn from a great professional from outside the industry.
The offline distribution channels suffering is not unique to the handset industry. All brick and mortar channels are badly affected by the deep discounting by the online channels, which is made possible by the immense funding that they are receiving that allows them to keep making losses yet continue to survive.
Is this a good scenario for customers? Yes, in the short run. But eviscerating alternative business channels will lead to loss of livelihood for lots of small businessmen, reduced competition, greater barriers to entry for newer manufacturers and reduced employment opportunities and hence a negative environment for most consumers.
Is this good for the country? I am sure it is not. In the long run, such market-distorting and predatory…
Thanks sir for ur views which are very clear and practical. That is the reason sir I was requesting u to run thru my blogs being my Idol, mentor and Guru for close to 30 years. Ur inputs will make all of us learn from a great professional from outside the industry.
The offline distribution channels suffering is not unique to the handset industry. All brick and mortar channels are badly affected by the deep discounting by the online channels, which is made possible by the immense funding that they are receiving that allows them to keep making losses yet continue to survive.
Is this a good scenario for customers? Yes, in the short run. But eviscerating alternative business channels will lead to loss of livelihood for lots of small businessmen, reduced competition, greater barriers to entry for newer manufacturers and reduced employment opportunities and hence a negative environment for most consumers.
Is this good for the country? I am sure it is not. In the long run, such market-distorting and predatory…