WigglyPenguin
WigglyPenguin

Why is CRED spending so much on Ads ? Do they really need it ?

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15mo ago
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FloatingWaffle
FloatingWaffle

Let me know if you resonate with this.

Kunal has invested a lot in his personal PR as well. He has transformed into a influencer now and keeps giving random gyaan to any company that pays him. He was in Flipkart also I heard.

I think with all the bad monikers CRED has got, it has forced Kunal to do something at any cost and be relevant. And look he has money(plenty). So he can keep doing this for a bit longer.

So, I think it's about doing something to protecting his reputation. I strongly feel that. And these ads are creative though it endorses a fraud product.

Do you feel this?

PS. Product managers drool over him. They should find better inspiration than look for another fraud as if they are not looking fraudulent enough themselves already. We need a practical breed of PMs to inspire the kids

JumpyNoodle
JumpyNoodle
Google15mo

@CheckOut Kunal's speaking gigs are paid? Surprised!

DizzyLlama
DizzyLlama
Atlys15mo

I wanna understand where this is coming from?
Why do you think the company is a fraud? How has the product defrauded anyone?

DizzyLlama
DizzyLlama
Atlys15mo

We don't know how much they spend. But, to be honest, I love their Ads. It's so much creative

DizzyLlama
DizzyLlama
Atlys15mo

And if they are doing it, I am sure they must have had reasons

ZoomyNugget
ZoomyNugget

Yes, startups are supposed to burn money. And they are trying their best to achieve it.

DizzyLlama
DizzyLlama
Atlys15mo

Was that sarcasm?

ZoomyNugget
ZoomyNugget

What do you think😉

FuzzyBagel
FuzzyBagel

I've realised one thing- we hate when Indian startups do any good marketing. We dunk on them but if a US startup does it, it's great.

I keep seeing this time and again. Also, shows how most people here just don't get it ;)

WigglyPenguin
WigglyPenguin

because we don't give a shit about US startups, of course we are going to question about our own country's startups

FuzzyBagel
FuzzyBagel

Kuch bhi

CosmicMuffin
CosmicMuffin

Tanmay bhat and team

DizzyLlama
DizzyLlama
Atlys15mo

Love their thinking! Ads are just awesome!

CosmicMuffin
CosmicMuffin

The og AIB

SquishyBanana
SquishyBanana

Anyone here uses cred? Why does it even exist?

FluffyUnicorn
FluffyUnicorn
Wipro15mo

It's a great product.

SquishyBanana
SquishyBanana

Why? All I have heard is that its coins are useless.. one problem I face though is setting auto-debit for my cc bills every month., can I do this using cred?

WigglyMochi
WigglyMochi
Oracle15mo

I have one question! What does CRED do? I mean, what is the key feature of CRED?

WigglyPenguin
WigglyPenguin

they make ads, that's their USP

WigglyMochi
WigglyMochi
Oracle15mo

Kind of a weird USP of burning your own money to promote a worthless app.

ZippyPanda
ZippyPanda
Cred15mo

I’m not a big fanboy, but I’ll give my opinion. There are good people here and people do believe in the products they’re building

Maybe the products they market is very little. I’m not saying that whatever they do is the best approach to it but half the world will never even know about store and travel and mint and what not.

They purposefully don’t allow a lot of new users and have some criteria. The users they do allow don’t end up using anything else a lot of time and that’s just how it is. But they do have some other things lined up which should help

Other than that, from my opinion, they should be atleast looked up as some sort of inspiration on how to build an internet brand. Even if majority of people end up not liking the app or company, they know about it.

No, this post isn’t sponsored by them 😢

PeppyUnicorn
PeppyUnicorn

Rajmouli is literally wearing a luxury watch (could be worth crores) and is prying on about a discount 🤔

DizzyLlama
DizzyLlama
Atlys15mo

I think they just wanted to capture the typical Indian mentality to ask for discounts. We aren't called price sensitive market for no reason😂

JumpyDonut
JumpyDonut
Optum15mo

Who is making money on UPI ? Why this race ?

SillyBiscuit
SillyBiscuit

UPI is just a lever to hold on users on the platform. But when the app in itself is so shitty, idk.

DizzyLlama
DizzyLlama
Atlys15mo

No one is. Think of UPI as a consumer behavior you can leverage so that customers come to your app and you cross sell products. UPI is the future dude! UPI is only gonna rise, and hence everyone wants a piece of it.

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