Posted by jathin p p on 2008-08-25 10:51:08.58+05:30
This represent a classic example of organised looting being done with the permission of ruling authority on a group of people who are ready to spent any money to exploit and innovate new things for getting diferentiated from the rest.If the government didnt take any steps it will result in helping these multinationals in fixing a price strategy with out any ethical conditions.
Posted by jathin p p on 2008-08-25 10:51:02.186783+05:30
This represent a classic example of organised looting being done with the permission of ruling authority on a group of people who are ready to spent any money to exploit and innovate new things for getting diferentiated from the rest.If the government didnt take any steps it will result in helping these multinationals in fixing a price strategy with out any ethical conditions.
Posted by Aman on 2008-08-23 20:30:11.311881+05:30
Harit Nagpal, chief marketing officer, Vodafone said, “We are not keeping margins, as these are our own stores.” Excuse me Mr. Harit Nagpal, do you think selling something at more than 125% of the cost price is "not keeping margins"?!!!!!! Moreover, you are binding people with a monthly plan of Rs. 799 and Rs. 999 even after pricing these pieces blatantly high!!!
Posted by Anon on 2008-08-24 21:23:24.144828+05:30
Totally agree with that. What are you doing charity? Why would you sell the phone without any margin after spending so much on advertising and marketing? Its 3 times the cost, and you say you are not binding people into monthly fee and hence the high price? What about the special "iphone rate plans?" How much more do you want to squeeze out of people?