Very Powerful & Insightful Thought. Courtesy WhatsApp Forward...

Tesla growth says otherwise.

These are the perspective and whatever you feel or suits you follow. I am not here to judge anything 🙏

True and even brands gives high margin for same product by different companies

This strategy works in the case of fmcg products , apparels and in some extent for mobile products and accessories BUT for automobiles , white goods , capital equipments , pharmaceuticals etc , one needs to have their own manufacturing units .

Byjus took this advise to heart and rest is history 😏

An exception may be #Tata. They focus on their brands as much like the tangible assets. Tanishq Fast-track Tata Salt Westside Zudio

Marketing a lie is unethical. Cola or cig or shampoo ads make company rich & consumer unhealthy, then treatments finish the vicious cycle. This difference is differently treated by India. It's because of cheap labour, cnc carbon, and exim policies why brands don't manufacturer.

Contract mfg is driven not only by cost but a host of other factors like technology, scale, supply of raw materials, taxation etc.,

Good point. Marketing without a good or great product is sheer waste. The best of products do not require exaggerated marketing spends

Indian desi small and medium family run business knw this … they invest in tangible assets because they don’t want brand and all that they want their family remain money wise filled and the employees r only workers . They can sell real estate once the next gen don’t want busines