|
|
|
|
|
by seansmith1020
4403 days ago
|
|
Perhaps you all just mistimed the market. With smart phone penetration and 3G coverage steadily increasing, maybe two years ago there just wasn't the existing user base to make it feasible. If that were the case you'd also have to incentivize the purchase of smart phones and data plans (which is always a difficult sell). However, the need is glaring and I refuse to believe there is no incentive for people to find a better solution. Happy to listen to a counter argument though. |
|
Most of their residents have the very latest devices, are at least as tech-savvy as your average Western consumer, and have disposable income. We conducted hundreds of different experiments, and most of them led to the same conclusion: pain by itself is not enough. These are people that have suffered from the issue extensively (including myself for many years), yet are unwilling to engage in a significant behavioral change. Investors feel exactly the same way, and I am talking about the very best with partners who were raised in some of these countries.
I am not saying that we tried everything, but I think we were extremely exhaustive, often employing city-specific growth/incentive tactics akin to those used by many successful companies in these regions.
It's a super simple problem to solve. There are hundreds of solutions out there. The people, thus far, have wanted none. I think I know why, and I am keen to share our findings, ultimately, though, there really is no better way to convince yourself than to find out directly, by getting your hands dirty.