Why are #FMCG distributors across India revolting against manufacturers?
👉If we had to simplify a fast-moving retail chain, it would look somewhat like this -FMCG > Distributors > Kirana store > You
👉And all four participants of the retail chain have a distinct role to play. But for the fast-moving consumer goods or FMCG companies like HUL, Procter & Gamble, Dabur, etc. distributors were a godsend.
👉They were responsible for getting products featured on the shelves of Kirana stores and ultimately pushing them to the customers.
However, this time-tested equation stands changed with the pandemic at play. How? Find out - bit.ly/331vTST
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Are you the reckless shopper, fretting over your credit card bills every month?
Or the obsessive saver diligently keeping track of every dime?
Well, psychologists say there are 5 personality types, finance-wise, that you may fall into.
A thread (1/n)
👉The Hoarder
This is the kind of person who would hoard cash - piles of it. And we don’t just mean currency notes - saving deposits too. Hoarders want to completely do away with risk, heck, this bunch won’t even invest money.
👉The Splurger
Remember that aunt who brings you the most expensive gift every birthday? She’s a splurger.
This person would max out their budget on birthdays & festivals, getting everyone the fanciest gifts- good for the receiving party, but not for the splurger’s ATM card.
iPhone 8 was followed by iPhone X. Windows 8.1 was followed by Windows 10.
Ever wondered why we never got the nines?
Here's why 👇 (1/n)
No, it’s not because 7 ate(8) 9.
You see, the iPhone X debuted in 2017, which also marked the tenth anniversary of the iPhone. Launching iPhone 9 when celebrating a decade would have been awkward, eh?
Introducing features like FaceID and bezel-less display, the iPhone X was also a huge leap in terms of hardware and design. The number 10 was meant to signify these great changes.
How Pepsi's marketing campaign turned into a deadly catastrophe.
A thread. 👇 (1/n)
In the Philippines, to be “349ed” means to be duped— all thanks to Pepsi.
Why?
Back in 1992, in a bid to beat Coca-Cola, Pepsi rolled out the Number Fever campaign in the Philippines.
It was a simple lottery play—buy Pepsi, collect bottle caps carrying 3-digit numbers, watch the daily announcement of winning numbers, and collect your prizes.
Why was JPMorgan Chase fined $200 Mn for Using WhatsApp?
A thread. (1/n)
JPMorgan Chase recently paid a whopping sum of money in fines to regulatory authorities - $200 million. It was caught in the act of…’ using Whatsapp’ to talk business.
Why is that such a big deal?
We know WhatsApp is a great app, but let’s say you’re a huge financial company - now that doesn’t exactly make WhatsApp the ideal route for communication.
India’s WPI #inflation stands at a whopping 14.2% - a 30-year high.
What’s fueling the price rise? (1/n)🧵
First things first - we’re talking inflation of ‘wholesale’ prices here. This isn’t ‘retail’ inflation that captures the prices facing the consumer. It essentially tracks factory gate prices - the price at which goods leave the factory for bulk sales.
And so it differs from the Consumer Price Index. For instance, the CPI would give more weightage to food because food prices make a hell of a lot of difference to the average consumer. But when it comes to wholesale, not so much.
If you are a salaried employee, then congratulations!
You already have ₹7 lakh worth of FREE life insurance.
Here’s how👇(1/n)
👉Well, kudos to the Employees' Deposit-Linked Insurance (EDLI) scheme.
👉Under EDLI, all folks with an EPF account are eligible for a free life insurance cover.
For those unaware, EPF stands for Employee Provident Fund—a retirement benefits scheme under which monthly contributions are made by the employee and employer to the employee's EPF account.