Monday, November 23, 2020

Rural India is the new oasis for internet businesses!

#Rural  or #Bharat will drive internet businesses faster than Urban. Why & How?

๐Ÿ‘There are more rural internet users are there (227 mn vs 205 mn urban - 2019 stat) and growing faster.

๐Ÿ‘More young internet enabled audience is in rural than urban which would drive growth. (Between 12-30 yrs of age, rural % is higher).

๐Ÿ‘ As bulk of this internet enablement is via #mobile broadband; learning is to keep devices/#smart tech dependent on mobile broadband vs fixed ones as of today. This will enable higher penetration vs just wired broadband homes which is miniscule. 

๐Ÿ‘The Rural opportunity brings in avenues of #content being '#local' and in 'local language'. For eg, #OTT players would churn more such content to expand the market. 

๐Ÿ‘ Internet enabling devices (mobile/#PC/tablets) need to offer affordable solutions for viewing content (big screens, lower computing may be). Laptops to evolve against smartphones or else not capture this market.

๐Ÿ‘ #IoT currently is in a frivolous space, it needs to become 'necessary' rather than 'good to have' in consumer's lives. From a voice enabled music player to an enabler of education(kids) or of necessacity (older folks).

Have u seen more such opportunities? 

#consumer #tech #internet #Marketing #smart #therunningmarketer

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