SliceRooms

29/06/2026

13/06/2026

Why Competition is necessary for growing market?
Competition is generally one of the key drivers of market growth, innovation, and customer adoption. However, it does not automatically guarantee that every firm's revenue will grow.
Is the fear of losing market share a reality or a myth?
It is both a reality and a myth, depending on the context.
• Reality: A new entrant can take customers away from existing players, reducing their market share.
• Myth: Market share is not always a fixed pie. In many industries, competition expands the total market, creating opportunities for multiple firms to grow simultaneously.
For example, when multiple companies entered the Smartphone market, competition reduced the share of early leaders, but the overall Smartphone market expanded dramatically. Many companies increased their revenues even while their percentage market share declined.
How competition contributes to market growth
1. Expands the overall market size
Competition increases awareness, education, and accessibility. More firms invest in marketing and distribution, attracting new customers who may not have considered the product category before.
2. Facilitates market expansion
Competitors often target different customer segments, geographies, or use cases. This broadens the market's reach and creates new demand.
3. Improves products and services
Competition forces firms to innovate, improve quality, enhance customer experience, and streamline delivery mechanisms. Without competitive pressure, businesses may become complacent.
4. Matures pricing and business models
Competition helps establish fairer pricing and more efficient commercial models. Companies experiment with subscriptions, usage-based pricing, premium tiers, and other approaches that can increase adoption.
5. Improves customer satisfaction and retention
Customers benefit from better quality, service, and value. Firms that respond effectively to customer needs often enjoy stronger loyalty.
6. Increases usage frequency and market pe*******on
As products become more affordable, accessible, and useful, customers tend to use them more frequently, increasing overall market revenue.
With the above in line, the slice rooms determined to be in the market, and eventually to grow by means of understanding the above discussion.

01/06/2026

One Rupee saving is one Rupee earning

One Rupee saving is one Rupee earning is the normal phrase we use in our corporate meetings. What is it really meaning? As we know controlling a direct cost of a product might lead a quality or delivery issue unless it is moved towards method of buying/new vendor/payment terms etc. But controlling indirect cost is most welcome since it’s a beatable expense.
Travel cost in a corporate is most influential indirect cost and its unavoidable depends on the depth of the case which you are going to address. However, in the current modern era, the length of the travel is notably reduced due to better connectivity. Most of the cases the travel is same day back to destination.
Here where, the Slice Rooms, pioneer in introducing the micro stay concept in India, play a vital role in reducing the travel cost by 70% of room bill, wider choice in more than 2000 hotel across India.
The slice rooms, after 6 successful years in the market, entering special offerings to join as a travel partner to the corporate to deliver all the travel needs.

Visit: www.slicerooms.com or call 95000 84849 & 80150 25044

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