Predatory Pricing to kill small business
Predatory pricing is a phenomenon that is used by foreign venture and private capital to displace an industry in India. For example:
The food delivery apps are displacing small restaurant, the taxi apps are displacing small tax wala, and the travel apps is completely displacing travel agents.
Why is it that trade associations, swadesh manch, Rss and other agencies quiet? more
Even now, local taxi and auto walas are not behaving well and charging high rates than govt. rules or refusing to come. So where is the question of displacing.? If they had behaved well, public sympathy would be with them. But nobody cares for them because of their own attitude so far.
Food app are very convenient and bringing lot of business to local restaurants. more
IN India these initial risks are indirectly giving training to youths on what is risk , what is job, what is business , what is responsibility , what is commitment etc etc in the expense of these international investors money . and once this training is over or if comes to an end our countries economical affordability can not afford or viable to these investors and they run away and these investment start working for India .The same happened in INDIA initially when IT came in to INdia they spend huge money in infrastructure like IT parks , Residential appartment of 1000 in numbers and to day they are vacant in huge numbers not salable .where as the small money india investors and making good money with small projects ad with their affordable level of investment and small return for their level profit. hence the price per square feet is now coming down to the average affordable level of people and their level Average income repayment capacity. So all are good . Of course the people in the age group 45 to 60 are on road neither here not they are IT qualified nor able to move to any other income platform to upgrade at this age. of course our kith and kin will enjoy all these in the years to come . as Only country economy stable and is on the positive side move is INDIA. more
aUTO AND TAXI TRADE ARE THEMSELVES TO BE BLAMED ,THE ANSWER WAS ALWAYS NEGATICE TO GO ANYWHERE UNLES MET THEIR TERMS ON FARES ETC.NOW OLA AND UBER HAS SHOWN THEM THE WAYS OF OPERATION MAKING THE COMMUTERS HAPPY AND ALSO THE TRANSPORTERS more
ARJUN SINGH JI. MR KAUSHIKK IS RIGHT. WE MUST CHANGE AND DEVELOP WITH TIME. ALL SMALL BUSINESSES IN THE AREA SHOULD JOINT AND UNITE AND TRY TO GIVE BETTER SERVICE AND QUALITY. THERE WILL BE NO DEARTH OF QUALITY BUSINESS. FOOD SHOPS ALSO SHOULD GIVE BETTER QUALITY AND HYGIENIC FOOD AND LOOK AFTER THE INTEREST AND HEALTH OF THE CUSTOMERS.
CUSTOMERS WILL ALWAYS LIKE TO DEPEND ON THE LOCAL SERVICES, WHICH THEY CAN ALWAYS APPROACH IN CASE OF COMPLAINT OR CHANGES IN THE SERVICES. OLA OR UBER TAXIS ARE CHEAPER, BUT I STILL LIKE TO DEPEND ON MY LOCAL TAXI WALA, BECAUSE OF TRUST AND RELIABILITY IN HIS SERVICE. I CAN LEAVE MY BELONGING SAFELY IN HIS TAXI, WHERE AS IT IS NOT POSSIBLE IN OLA/UBER. OLA/UBER TAXIS TAKE TIME IN REACHING ME AND AT TIMES CANCEL THE TRIPS WITHOUT INFORMING, WHEREAS THE LOCAL FALLOW CANNOT DO SO. more
Thanks, sir. Had our Vada Pav seller taken vada pav to USA, or other countries with nice presentation n hi fi, outlets it would have became world brand instead of McDonald burger.
This is what is missing in our country. Had our spice growers n sellers gone abroad for selling those spices, east India company n others from France, Dutch, Portuguese would not have came to India, which made us slaves for 2 centuries.
Jai Hind more
Sir, those who don't change with time they perish. Travel agents n hotel booking agents have looted public, n cheated also, why we have sympathy for them. What you have explained there also all Indian unemployed gets job we should not forget it.small restaurants n road side eateries all make good business. Even a small tea shop on footpath earns nearly 1000rs.per day if located in market place. Vadapav or pakodawala also make good business, inspire of their dirty unhygienic conditions n looks. more
absolutely, we cannot keep blaming the govt for everything. If OLA and UBER are successful, it is not only because of pricing issues. The element of convenience to the customer is very important. yes there will be issues like lack of trust etc. But indian vendors need to innovate and improvise to retain their customers and also add new ones. There is nothing like a free lunch anymore. the faster we appreciate that better. more