I’ve always had this question on why Indians are very stingy when it comes to paying money for premium products. I agree there are Indians especially in the young generation who aren’t shy from spending for quality products but the masses are still stuck in the bargaining or cheap mindset.
When we look for cars the first thing we probably check is kitna mileage dega ?
When we look at a premium product we compare it to a copy or a product that does not offer the same quality or service that a premium product offers.
What are the reasons to it and when or how can we come out of it. This is one of the reasons we have got the “slave / miser ” label outside our county and why we’ve got weak passports which make it difficult to take a vacation like citizens of other countries .
Who denied your visa?
I’ve never been denied a visa but it’s what happens to a lot of people.
Secondly what I meant was now let’s say someone from the UK or any other country in the west wishes to travel to a country they don’t really have to go through the hassle that we as citizens of India have to go through.
We’re stuck with the whole visa process and that’s not easy either. It’s a process which takes patience , money and even racism cause you’re a Desi.
Doesn’t look like even though how hyped the foreign trips by our PM or the words of our Foreign Affairs Minister there’s been any improvement.
To the rest of the world we’re just the cheap labor that has no self respect to fight for anything.
Too much Indian bashing… You should explore asian continent more and realize this is common. Cultural shift happens over generation so you’re just born at wrong time
Average Pay per capita
Yeah makes sense but this mentality is stuck even with people who have the resources but are stuck in a stingy mindset.
You see HNI’s bargain over a few 10’s / 100’s of rupees with vendors etc.
Simple answer is deal with it. India's mindset is calculate value for money, then sort by cost asc and value for money desc - that will give the best options to take....
I don't see anything wrong there.
If there is a scope of bargaining why shouldn't anyone. Negotiating is an art - creates win win situation for everyone.
Just because you feel embarrassed or are bot good at it - doesn't mean other shouldn't do it.
Savings are important - and nobody is using unethical means to increase their stature in a negotiation. The seller can always deny if they didn't like the offer
Pleasr accept and move on with life.
Short answer - It's because of one's upbringing. I also see a lot of Indians buying premium products without bargaining /thinking about the value it adds, example iphone, Kindle.
I personally check if I need the product, look for value that it can add, check alternate options and then make my decisions. Example - I've been using my current android phone for around 6.5 yrs, I've just replaced battery once in these years.
btw I do not see it as cheap mentality.
I’m not saying that all Indians are cheap or we don’t really buy the so called “big” brands . My point here is that most Indians tend to overlook the value of the service provided and compare it to something which does not offer the same service but has one or two components.
Weak passport is because of a certain ‘stingy’ attitude of Indians? Lol, definitely not. Also stingy is an attitude not unique to Indians or south asians but is a stereotype of other east, south east asian nations and china. But their passport is stronger. What explains?
The reason other countries make us go through this tiring and horrible process is due to the fact that we have a huge population of skilled people who don’t really have the opportunities in India and they fear that they would stay back after coming in as a tourist.
Apart from that they believe that Indians don’t tend to spend much as tourists compared to other nationalities so the way they make up for it is with the visa processes and the fee.
Other countries you might want to take a check as when they go as tourists they do tend to spend significantly higher and nationalities like Japan and China do spend premium for quality products and services.
There is a reason we’re a developing market or an ignored market for the top companies compared to those countries and hence why we’re not taken seriously.
There are essentially four parties in the startup economy:
Now let's look at Game Theory motivations:
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