Branch² Intelligence
'Dropped Price By 90%': Sridhar Vembu Says Zoho Scare Forced Microsoft To Slash Rates
Key takeaway
Zoho founder claims its office suite forced Microsoft to cut prices 90% for a customer.
- Step 1Zoho's competitive threat forces Microsoft to offer 90% discount to retain a customer.
- Step 2Microsoft's pricing response validates Zoho's product, boosting Zoho's brand and customer acquisition.
- Step 3Increased competition leads to lower prices for office productivity software globally, benefiting SMEs.
Source: IN:NDTV Profit
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