A business strategy that targets underserved markets by offering affordable single-use products at low price points, where low margins per unit are compensated by enormous sales volume, enabling companies to build billion-dollar businesses.
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The 50-Paise Billion Dollar Strategy ๐งด๐ธ | Indian Business #facts #shortsAdded:
Indian markets in the 1980s were vastly underserved. Luxury shampoos existed but were out of reach for many. They came in big bottles meant for higher income customers.
A small Indian company called [music] CavinKare saw an opportunity.
They introduced tiny single-use packaging for shampoo. Each sachet contained [music] enough for a single wash.
The price point was just 50 paise per sachet.
Margins per [music] unit were low, but the scale was enormous. The strategy helped build billion-dollar business value.
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