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RE: What Is Worth: What Determines Worth In A Vastly Competitive Market Such As Nigeria?

in Project HOPE5 years ago

Branding increases the worth of anything. Xiaomi have not established their brand in Nigeria. I like to equate worth with utility but this is not how it in the real society. Even if economics defines it as that

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it's important to understand that competitiveness is won when better marketing hits less better marketing.

Xiaomi is globally a huge brand but Nigeria isn't a place they've fully invested in marketing wise, this however doesn't decrease their value as a brand globally.