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– keep the app size on disk super small 8. 3. 9.3K likes. Ppl say I am deaf,bt I can listen to my thoughts. In the summer of 2009, Ankur Singla, a middle class boy, working as a legal advisor in … 5. This tweet is the TLDR of this blog post. Each of these apps has achieved massive scale and serves multiple needs for their users. Email or Phone: Password: Forgot account? Firstly, we need to relate to and respect the common Indian. Berlin based experimental electronic musician This is also why almost all Internet companies fight it out for the first 10-20 million internet users. or. With increasing disposable income levels and reducing cost of accessing internet, there’s a great opportunity to monetise from these users and it’s the right time for Indian internet companies to seriously start thinking about this. Not Now. Given the different affluence levels, sometimes it can be genuinely be difficult to relate to their concerns. Here are the things we learned from this journey: – Don’t change the name if you can avoid it. Both have risen very quickly and processed US$2.9 trillion in payments in 2016 compared to just US$81.6 Bn in 2012.2 Both Alibaba (AliPay) and Tencent (WeChat) have now launched their own “Internet Banks” – MyBank and WeBank to start collecting deposits directly from customers and providing personal, corporate and international banking services. or. One of my favourite songs (written by Bob Dylan) goes like this: You may be an ambassador to England or France E.g. I disagree. All of them mooch off the Starbucks internet; a guard uses Uber to pick up his family from railway station, a waitress wants news about her hometown and a business owner needs more content around jobs. Couldn’t have read it at a more opportune time as we prepared for our TV campaign. In addition to the inconvenience, there’s the problem of phone space – the average app fights against WhatsApp for space on the phone (even Facebook app loses against WhatsApp – only 68% of Indians keep the Facebook app, the rest use it through the browser). I’m guessing one should not worry overly about it. Ankur Singla on Facebookissa. In China, Ant Financial (AliPay) and WeChat are already posing a significant threat to banks and financial service providers. Favourite book of the year. or. Recently, I read this amusing anecdote about how Narasimha Rao as the Prime Minister of India fancied himself as the Deng Xiaoping of India – as two leaders who brought in sweeping economic changes to their respective countries. We felt this would give our existing users more comfort and familiarity. Ankur and Sarvesh. Till recently I used to answer this question saying the speed of execution is the only moat in internet businesses – that if you can outrun your competition, you can win. See this Slate article. However, these new competitors will build trust with the younger Indians through reliability, branding, discounts and high repeat behaviour. Join Facebook to connect with Ankur Singla and others you may know. Lesson to self: you ain’t seen nothing yet. Ankur Singla ist bei Facebook. Anyway, here’s the list of books I really enjoyed reading in 2016 (they could have been published earlier): The book that created the most amount of “buchfreude” in me. Closed Now. If they use Android, the device of choice is OnePlus – again a high end phone with high storage. View All Details, 2) Social Media Profiles & More What is the easiest/fastest way to do things? Furniture Store . will work as it is, Create a proper customer support response to the rename. Ensure that the role of the Chief Digital Officer and the CTO/CIO is given sufficient leeway and they are supported over multiple year strategy roadmaps rather than be judged quickly, Start creating models which leverage data to personalize products for their customers. That’s why we kept our visual identity consistent with our old one. The main goal of a rebrand should be that your customers’ transition is smooth. As a result, most app developers lose 60-70% of their app users within 90 days of the user installing the app. Develop separate teams / companies / subsidiaries which have a separate culture and run their digital banks / other initiatives from the ground up without any legacy issues – software, or human. This led to some soul-searching within the group about why Indian entrepreneurs are, by and large, unable to build apps for the mass Indian user. There’s a billion dollars lying out there. As Trump marveled to me at the time: “Now Clinton can’t get into golf clubs in Westchester. Join Facebook to connect with Ankur Singla and others you may know. What should be the principles based on which the product team should build? Banks will be competing against these super rich entrepreneurs and their highly agile, user experience (UX) focused consumer internet companies, rather than just other banks or telcos. If you want to signal something completely new, then overhaul your logo, colours, communication, etc. Things that will ensure that storage continues to be a problem: Create New Account. Another interesting anecdote is about Bill Clinton being refused memberships of golf clubs after his presidency got over. So in September 2015, we took stock and decided to introspect. The Twitter echo chamber isn’t your customer”. Similar to Shoe Dog, the struggle to build a business is crazy. Some challenges will be solved, and some may defeat founders and force them to accept that the consumer is king. Search Tools. Tools of Titans by Tim Ferriss (4 stars). We finally launched the redesigned app in January 2016 and we haven’t looked back since. Which books did you like in 2016? See more of Ankur Enterprises - Sunil Hosiery on Facebook. I send out a short and simple email asking every user who has uninstalled our app: “Why did you uninstall the Tapzo app?”. A cursory visit to China is sufficient to know that the things have changed on the ground – people are paying for a lot of things using these two apps. More than 20 API integrations are already live (and for most of our partners, we are the biggest partners in terms of transactions or traffic). 687 likes. Sources: IAMAI-IMRB report, UN report, McKinsey & Company report, Image Credit: https://www.timeshighereducation.com/sites/default/files our chat colleagues) and we will do our best to help them find new jobs. And India already has the 2nd largest smartphone user base in the world, which is expected to grow to 750M by 2020. View All Details, Ankur Singla's Contact Info, Social Profiles & More Church Street in Bangalore. Groups. It’s a really solid book – well researched, very well written (tight sentences, no frills etc.) The early years of the Internet and 2000s were the years of portals: bundled monoliths that became one-stop shops encompassing all needs. And the book does a brilliant job in judging Rao’s actions by the amount of information he had available while taking a decision. Not Now. If Facebook app is being uninstalled (of course, users use it through their mobile browsers), what hope do other apps have!

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