'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 1 · The triggerZoho's competitive threat forces Microsoft to offer 90% discount to retain a customer.
- Step 2 · Knock-onMicrosoft's pricing response validates Zoho's product, boosting Zoho's brand and customer acquisition.
- Step 3 · Reaches youIncreased competition leads to lower prices for office productivity software globally, benefiting SMEs.
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: IN:NDTV Profit
See what today’s news does to your business. Atri by Branch² — Early-warning intelligence for SMEsThis is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.