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(rate this)
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"Consumer Class"
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39
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VS |
35
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"Savings Class"
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Shruth & Smith Group
| Argues in support of
""Consumer Class""
| 3 months ago
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The poor class will never have enough money to save, they will only that much which they have to spend and still will be in short of money. But the Middle class has an option to spend and save, it depends from person to person or family to family,...
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R Bhanuprakash
| Argues in support of
| 2 years ago
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The middle class community has transformed over the period of years from Saving Class to Consumer Class. With the booming of the IT sector most of the indian working population are getting exposed to the international markets and interaction with...
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Swati Raut
| Argues in support of
""Savings Class""
| 2 years ago
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Indians are basically savings oriented. The growth of output of any economy depends on capital accumulation, which in turn requires investment and an equivalent amount of saving to match it. India Financial Market has promoted the savings of the...
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Debate: "Indian middle class- Is it a 'consuming class or a saving class'" deleted from your view.
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(rate this)
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Affecting the licenced Agents
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0
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VS |
1
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Not Affecting the licenced Agents
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R Bhanuprakash
| Argues in support of
"Not Affecting the licenced Agents"
| 2 years ago
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This startegy will not affect the insurance agents as indian insurance market is still at the nascent stage and penetration level is as low as 8% of the population. This startegy will help the insurance companies to penetrate the rural markets
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Debate: "Why most of the Companies are starting marketing of products through referral marketing?." deleted from your view.
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(rate this)
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"Consumer Class"
|
39
|
VS |
35
|
"Savings Class"
|
|
|
Shruth & Smith Group
| Argues in support of
""Consumer Class""
| 3 months ago
|
|
The poor class will never have enough money to save, they will only that much which they have to spend and still will be in short of money. But the Middle class has an option to spend and save, it depends from person to person or family to family,...
|
|
|
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R Bhanuprakash
| Argues in support of
| 2 years ago
|
|
The middle class community has transformed over the period of years from Saving Class to Consumer Class. With the booming of the IT sector most of the indian working population are getting exposed to the international markets and interaction with...
|
|
|
|
Swati Raut
| Argues in support of
""Savings Class""
| 2 years ago
|
|
Indians are basically savings oriented. The growth of output of any economy depends on capital accumulation, which in turn requires investment and an equivalent amount of saving to match it. India Financial Market has promoted the savings of the...
|
|
Debate: "Indian middle class- Is it a 'consuming class or a saving class'" deleted from your view.
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(rate this)
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One of the company known to me is using the referral marketing concept in insurance. This business model is working well from past 5 years very well. World wide this business model is becoming very popular and most of the house hold products are sold through this model. In India, this concept is catching up with the indian consumers and expect that this be one of the very good model to reach the end consumers. Request for sharing comments on this topic.
Insight: "Advantages & Disadvantages of Referral Marketing" deleted from your view.
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