The phones keep getting smarter but that does not stop the innovation at the bottom of the pyramid. I'am talking about the innovation in the SMS applications. This is very much relevant to the countries such as India, Philippines where SMS rules ..Below is another interesting SMS play in Italy ..
Users fire off a message to the SMS Consumatori service, and they get a response showing the average consumer prices in different parts of Italy, as well as wholesale prices. Interesting — another example of mobiles being used to spread information so markets function more efficiently. We’ve seen several examples of this in Africa, where farmers and fishermen use mobiles to check on market prices and get other information. Reuters is testing a similar mobile market information service in India
I feel that there is a definite scope for a similar aggregating service for India and I believe something like this is easily achievable. The key in not technology but the business model..I always believe this for a success of any product ..
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