Merry Christmas everyone. I hope y’all are having the best of the time in 2020! So, today is my last post for this year and I wanted it to be for you guys. I want to thank you all so much for supporting the blog since the beginning (in June). I don’t know how my page would do if y’all weren’t there. I really appreciate the support y’all have given to the page. Thank you all so much for liking and commenting your thoughts on the posts. You guys made this possible and for that I thank y’all from the bottom of my heart again.
So, today I have one interesting thing to share with y’all. I have recently been nominated for the Blogger Recognition Award by arguably two of my favorite bloggers out there. Thank you Sara, Ricatography and Keith for nominating me for the award. Do Check out their links by clicking on their name.
I have a question for all my readers. What do you look out for while buying a new smartphone? I bet at least 50% of us will say that they look out for the price of a smartphone. This is especially prevalent in the Indian market which ranks on the higher side of price sensitivity. There is no doubt that India’s economy is one of the fastest-growing in the world. But, with a potential of 1.3 billion consumers, why is Apple struggling in India?
Think about this: you are walking down a street in a market. All you see are big banners with “SALE” written and on both sides a huge pool of people rushing towards those banners. That’s pretty much the scene before Diwali in India. You see, Diwali is a big deal for us. It not only has a huge impact on the social and cultural environment of the country but it impacts the economy as well.
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Remember back in the day, everyone was hooked on to Gangnam style! Yeah that was 2012. But, Korean pop culture was famous even before Gangnam Style. Since 1999, South Korea had a seen huge growth potential through their cultural economy. Throughout the 2000’s South Korea experienced something known as the “Korean Wave.” The Korean Wave or the “Hallyu” was one of the major reasons behind South Korea’s cultural and economic growth. So, how did “Hallyu” help in helping South Korea’s economy?
To all the readers here, I have only one question for you. Have you ever wondered, why you buy more than you intend to? The truth is, you are a victim of something called as up-sale. Simply put, up-sale is where the sellers encourage the consumers to buy more. What happens here is that the consumers are indirectly pressured to buy the better product. This in-turn will lead them to spend more and the producers to earn more.