In the first part, we focused on Mekin’s journey with Flipkart and in this second and concluding part, we explore his work with Udhyam Learning Foundation and the Indian education system.
IKEA is running a crazy experiment in Dubai. They are willing to pay for your time. That is, the more time customers spend travelling to IKEA, the more they can buy.
Dubbed “Buy With Your Time,” the idea behind the new promotion is that customers usually spend an inordinate amount of time travelling to IKEA outlets, usually because said outlets reside on the outskirts of towns. In view of this, IKEA has added “time currency” prices for every item in its Dubai stores, which are based on the average Dubai salary.
How will IKEA track? Well, you need to allow IKEA to track your live location on Google Maps while visiting the store.
The market for AR developers is red hot and some predict that Apple smart glasses sales may surpass the iPhone in the next decade.
In his vision for 2020, Mark Zuckerberg said it’s likely that AR and VR will be the next major platform after the mobile phone. His vision for the future of social is AR and VR to eliminate the distance between people and allow people to be present despite physical distance
Researchers at the Atomic Minerals Directorate have estimated lithium reserves of 14,100 tonnes in a patch of land surveyed in Mandya, 100 km from Bengaluru. The quantity, though is quite small compared to what China produces (8.6 million tonnes).
India currently imports all its lithium needs. It imported lithium batteries worth $1.2 billion in fiscal 2019, up from $384 million in FY17.
Quikr valuation is down by 45% to about $570 million from more than $1 billion as of September 2019 by Kinnevik, the Swedish investment firm.
Kinnevik notes that the reduction in Quikr’s worth is due to the company “reducing its footprint”. Additionally, it changed methodology of valuation from discounted cash flows to net revenue multiples “linked to the trading of its publicly listed peers”, besides the fraud, Kinnevik executives said in an analyst call.
Google is winding down Google Station project, due to multiple factors.
Apart from the fact that India has seen data penetration grow massively, there are many challenges of varying technical requirements and infrastructure, making it difficult for Station to scale and be sustainable, especially for our partners.
The North Star framework calls for the defining of a single, core and meaningful metric along with a handful of contributing inputs which have a bearing on it.
Sean Ellis says it is the crucial metric that “best captures the core value your product delivers to customers”.
Oyo has reported consolidated loss of $335 million for FY 2018-19 (it was $50.5 million in the previous fiscal).
China and other international markets contributed about 75% – $252 million – to the overall loss recorded by OYO. The good news is that consolidated revenue has gone up from $211mn last FY to $951mn (India ops contributed $604mn).
Companies are now moving away from being totally focused only on numbers like the total number of tickets closed in customer support. Many of these metrics have made way for a new holistic way of looking at customer ‘success’.
One that is more obsessed with maintaining and strengthening relationships with customers rather than activity-based metrics.
1. Identify your strengths and weaknesses.
2. Do the same for your business as a whole
3. Use your findings to guide recruitment and evaluate your existing team.
4. Shift the hierarchy and establish a company culture where every idea is welcome, communicationis open and collaboration is embedded in every decision.
5. Now that you have established a loyal and trustful team with talent in the right places, you can sit back and start looking at the big picture.
Customer engagement is one thing that changes rapidly year on year. In this article, Jackson Noel, Co-founder and CEO of Appcues, lists out 10 strategies to help your B2B SaaS company take customer engagment to the next level in 2020.
Objectives & Key Results (OKRs), the goal-setting framework, has gained a lot of popularity over the past few years but for some Product Managers – new and old – it remains an area of confusion.
In this article, Sachin Rekhi, founder and CEO @ Notejoy, provides a great rundown on how OKRs should be implemented and provides a bunch of best practices that need to be followed.
As more and more companies deeply integrate AI into their development process, it has become the need of the hour for Product Managers to evolve and leverage this change to improve extraction of consumer insights, speed to market and testing of new ideas.
How should Product Managers deal with this change?
The onboarding email newsletter is a part of a welcome email series that plays a crucial role in creating a comfortable environment for the subscribers.
Not every company needs them, but if you are planning to sell goods, offer services, or make a multifunctional website with helpful information, then chances are you will need one or two for creating a good user experience as well as running a successful email marketing strategy.
Between the Modi Government, telecom companies & Supreme Court, India’s brightest sunshine sector, telecom, is headed for disaster.
The 43-seater capacity luxury electric bus has a range of 300 kms on a single charge and will run twice daily between Mumbai and Pune.