As of March 2024, PhonePe continues to lead the race with a substantial 47% market share, maintaining its dominant position. Following closely behind is GPay, holding around 36% of the market share. #paytm#phonepay#gpay
Source - NPCI
@Paytm@PhonePe@GooglePayIndia@NPCI_BHIM
Meanwhile, Paytm has settled at approximately 11% after experiencing a decline from its previous 13% share last year, partly attributed to the closure of Paytm Payments Bank due to regulatory measures enforced by the RBI.
The Aaker Brand Equity Model highlights five key components for a brand's value:Brand Loyalty, Brand Awareness, Perceived Quality, Brand Associations, &other proprietary assets. These elements are essential for building strong brands and fostering customer loyalty.
#brandequity🚀
As of January 2024, around 65% of the global population has internet access, with 5.35 billion internet users worldwide. However, 2.6 billion people, or one-third of the global population, remain offline, with fewer people online in low-income countries. #GlobalInternet#online
"Poka Yoke, a Japanese term meaning 'mistake-proofing,' is a smart way to prevent errors in processes. Think of your shoes: laces can lead to tying mistakes, but Velcro is a poka yoke – it ensures a simple, error-resistant solution.
It's all about designing systems that make mistakes nearly impossible. Velcro on shoes is a tangible example of this concept in action, ensuring a smooth, error-free experience every time you put them on! 🔄👟 #PokaYoke#ErrorPrevention"