If a business sells better quality, long lasting products, it would mean people buying less often. For certain businesses where the demand is stagnating, it would mean less sales in terms of volume and revenue in the longer run. Example- Mobiles which used to last for 2 years earlier now easily last for more than 4 years. We just see incremental improvements these days so people won't find enough merit in buying a new phone.
Do google concepts of " Planned Obscelence"
Phone is a necessity. Ok cool, no problem. But expensive phone, oh sorry SUPER EXPENSIVE PHONE??? Not really. If you can't afford one, why do you want to buy one? EMI pe phone lena, does it even make sense? And why do you want to go over...
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 masse...
Who denied your visa?
Hi all, I graduated from IIT Delhi and have been working at well established startup since. So for a while I have been wondering why we don't have any deep tech startups doing innovation. Don't get me wrong, there are startups doing inn...
If you can't buy it twice, you can't afford it. Applies to every significant purchase.
