👉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 👇
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 👇
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.
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.
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.
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.
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 😰