06 Sep
06Sep

Goes to show how baffled and rightly so I was with these companies not looking to absorb consumer burden in aim to retain customers.


Inelastic demand, moreso within developing economies is reserved towards home economical utility.


• Could better pricing strategy with business unit have cushioned blow from fiscal policy changes?


A while back I questioned pricing strategy these telecommunication companies seem to rigidly implement in the wake of fiscal increment--in the shape of service levy upon monetary transactions within mobile money business units.


Some of the points that were personally eyebrow raising included;


(i) Producers (service providers) not seeing the importance of tax burden absorption; consumer burden Vs. Producer burden.


(ii) Service providers "seemingly" looking to hold policy makers to ransom with communications entailing old tax particulars along side seperate incremental value.


(iii) And the obvious streamlining incoherances that came along respective communication from vendor(s) to consumers.


Keeping in mind the current economic climate, could turnover deficit have been cushioned with wholesome approach to pricing strategy for this particular co.?

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Afterthought 1.


Being Africa's largest mobile money market - abnormal profits - moreso in times of financial turmoil of global proportions and international market deficits, a decline in turnover ought not be topic of discussion. Rather measures taken to retain clientele.


This artical is very enlightening @dailynewstz. And gives us (public) a basis in dissecting macrofinancial bearings. In respective industry moreso.


afterthought source in discussion: https://dailynews.co.tz/how-tz-expedites-financial-inclusion/

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