Meanwhile, Paytm has settled at approximately 11% after experiencing a decline from its previous 13% share last year, partly attributed to the closure of Paytm Payments Bank due to regulatory measures enforced by the RBI.
As of March 2024, PhonePe continues to lead the race with a substantial 47% market share, maintaining its dominant position. Following closely behind is GPay, holding around 36% of the market share. #paytm#phonepay#gpay
Source - NPCI
@Paytm@PhonePe@GooglePayIndia@NPCI_BHIM
The Aaker Brand Equity Model highlights five key components for a brand's value:Brand Loyalty, Brand Awareness, Perceived Quality, Brand Associations, &other proprietary assets. These elements are essential for building strong brands and fostering customer loyalty.
#brandequityπ
As of January 2024, around 65% of the global population has internet access, with 5.35 billion internet users worldwide. However, 2.6 billion people, or one-third of the global population, remain offline, with fewer people online in low-income countries. #GlobalInternet#online
It's all about designing systems that make mistakes nearly impossible. Velcro on shoes is a tangible example of this concept in action, ensuring a smooth, error-free experience every time you put them on! ππ #PokaYoke#ErrorPrevention"
"Poka Yoke, a Japanese term meaning 'mistake-proofing,' is a smart way to prevent errors in processes. Think of your shoes: laces can lead to tying mistakes, but Velcro is a poka yoke β it ensures a simple, error-resistant solution.