Wednesday, July 14, 2010

Business Model

20 years back, an average working Indian would have had 10 Rupees in his pocket/dhoti and felt safe/secure for that day. His spendings for that day would not exceed that even if he turned a bit lavish.

Now, an average working Indian would carry 500 Rupees in his pocket/jeans and feel safe/secure for that day. His spendings for that day would not exceed 300 Rupees (considering inflation, etc.).

Now, a business model to loot that extra 200 Rupees is what I need to work on. Hmm..I believe this is the basis for a super market or an online market.

2 comments:

Alan said...

Nice Thought.
That 200 may called the Saving's which will end up in Bank, useful for sudden needs. We better be a Bank to target that easily :-). (Else a Chit Fund, which should be easy here).

The thinking for savings on a "DAY" shows the amount of business we intend too (the online or super market).
Probably thinking of Saving's based on 'Month', 'Year' or 'Decade' gets the Businesses Thinking of Consumer Electronics, Tourism, Automobile, Construction gets going.

Sankar said...

a simple approach - the money can be looted by making people more lazy - by bringing something new online, free shipping, service@doorsteps. and if you manage to establish a new brand, that will do..