Uber Cabs is now a household name in the cities where it operates. I have a lot of respect for MNC's including Uber Cabs because of professionalism and transparent approach. Usually, i don't share negative reviews but sometimes it becomes imperative when i am being cheated. The objective of my blog is to caution the readers against tactics to avoid being cheated. Though Uber Cabs is an MNC brand let's not forget that drivers employed are Indian Drivers :). From the day of launch, Uber Cabs is in NEWS for all the wrong reasons. Trust me, nothing wrong with the brand, company or employees but ... Read More
5 Points to Check Before Online Purchase
The online purchase is now an integral part of our daily lives. The convenience and cost savings are responsible for the exponential increase in Online Purchase. It is also fueled by large scale uptake of debit cards. Earlier Online Purchase was restricted only to products not available or were available at dirt cheap rate. Next round of growth in Online Purchase or e-commerce will revolve around quality as the discounts cannot be sustained for too long. I have seen that discounts have dried up and cost differential is now minimal for most of the products. Though unbranded or OTC items are ... Read More
How Real Estate Sector is Highly Profitable?
Real Estate Sector is in bad Shape or Real Estate Sector is under huge debt. You might come across these news paper headlines on regular basis. You must be feeling very pity for people in Real Estate Sector. I do agree that Real Estate agents or Real Estate brokers are struggling to survive but story is completely different on other side. Yes, i am talking about Promoters, Builders or Investors of Real Estate Projects. Recently i met senior executive of very reputed builder in Mumbai. Privately he admitted that Profit margins of any project is between 15% to 20%. Surprisingly the margins of ... Read More
Beware of Dynamic Pricing of E-Commerce
Indian E-commerce industry is still in an evolving phase. One of the major E-commerce player Flipkart launched "The Big Billion Day" on Oct 06, 2014 similar to Big Friday sale in USA. Later flipkart apologized for shortcomings of the offer as there was backlash from online community. In my opinion, The Big Billion Day backfired because of fusion of Dynamic Pricing and Special Event Pricing by Flipkart. We will discuss both pricing models later in the article. Indian buyers love simple and straight forward pricing structure. Any confusion on pricing will backfire. Customer would not like to get ... Read More