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Finally 🥳 5G is launching in India on 1st October by PM Narendra Modi. Unknown Facts about 5G 🤯
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👉According to researchers, about 1.5 billion people will have access to 5G by 2024. 👉China is leading the global 5G race. 👉5G was first commercially launched in the Western Europe region in April. With the upcoming 5G technology we will have 👇
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👉$13.1 Trillion dollars of global economic output. 👉$22.8 Million new jobs will be created. 👉$265B global 5G CAPEX and R&D annually over the next 15 years.
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Now coming to the main point How will Consumer be affected by this ? 👉The average consumer is expected to use close upto 11 GB of data per month on their smartphone in 2022. 👉Now this will rise with 5G reaching upto 20GB of data per month. Now what do you think about 5G 👇
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For more content around Startups sustainable development and Business case study follow @Uttupaaji
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DeHaat an Agritech Startup is all set to become the first Unicorn in the Agriculture sector. This is a perfect example of how you don't need fancy terms to attract investors in order to become a unicorn startup.
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Uttkarsh Singh retweeted
@SustainersHQ 🚀🚀🚀
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Which Startup do you think will be the next billion Dollar?
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We are seeing a Shift from Television to Smartphones and now people want personalised feeds. What do you think, what will be the next invention beyond Smartphones?
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You need constant motivation to work consistently.
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Are India ka match bhi hua aur India Jeet bhi gaya, 🥳?
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3: 50% of our population likes to purchase products based on online transactions. Online methods have really reduced the friction between negotiations. This is a huge factor when online shopping is encountered.
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4: The rest work is done by AI to study the pattern of your shopping and sell the data to other apps to show similar Advertisement, which dwindles the human brain to purchase the product.
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5: Last but not the least FOMO. The addiction to retail therapy is very real. In fact, a 2013 survey of 1,000 adults by a website found that one in three people shop to deal with stress.
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Now, Let's connect all these points together and make a succinct conclusion. You have so much access to brands via phones or computers, which makes the temptation even stronger to buy online, right? Flipkart and Amazon use the same pyschology to attract you to pay more.
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Look advertisement strategies might change but human psychology remains the same. We need to control our emotions, most of the digital startups are playing these human psychology games to attract us. 👉It's very easy to shop online. 👉It's very easy to pay online.
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Look I am not saying you to stop purchasing goods online but beware of mindlessly scrolling 😃
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When things become easy to access they become easy to purchase 🧐 Follow these steps: Stop 🚏 Think 🤔 Buy 💰
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Flipkart, Amazon, Instagram, Tik-Tok, YouTube algorithms are all set to play with human psychology. Now let me know what you think of online shopping and which products you have purchased till now in sales? Are these apps listening to you 😰
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For more content around Startups sustainable development and Business case study follow @Uttupaaji
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