Sell Me this Pen - attempt 1

[Wrong way]
You- Do you need a pen?
Interviewer- No, I don’t.
[Sale Fail]

[Wrong way]
You have a normal, cheap pen to sell (Let’s say 045 Reynolds)
You- Can I know, what kind of pen you use?
Interviewer- Yes, I use good pens. But I don’t use craps like yours.
[Sale Fail]

[Correct way]
You- Sir, this is 045 Reynolds fine carbure, normally runs 15 days smoothly for an average sales guy.

(You just provided general information and told the interviewer that your target market is salesmen. As we know your interviewer is also in sales. And this pen is specially designed for salespersons.)

You- 70% of the salesmen found it useful as per our survey.

Interviewer- What happened to the other 30%?

(Now you are controlling the subconscious of the interviewer, he is asking the questions you want. It will make your process easier)

You- Rest 30% don’t use it [humour].

(You just told him your pen is the best selling pen and favorite among the salesmen. At the same time you respected other companies and showed honesty by not saying 100%)

Interviewer- So what? My pen is working perfectly for me and I think I’m among the rest 30%.

You- Sir, it is more than a normal pen. Its ink doesn’t get spilled in high temperature as normal pens. Spilling of ink might cost you a fortune. Your costly suit might get dirty. It might cost you a sales call and you might lose your job.

(You just told him the biggest problem and scared him)

Interviewer- So what? My pen doesn’t get spilled.

You- Sir, your pen is unique (He gets happy). But, this pen costs only 6 Rupee and is easily available in every store in your city. If you lose this pen, don’t worry, you can have it easily.

(You just showed your pen’s availability. People use products which are easily available to them. Will you buy a cell phone, which doesn’t have a service center? Pen is something, people get used to it. If you are using a particular pen, you will need the same pen when you lose it.) 

You have just processed his mind to buy your product. Before he says anything, say this-

You- It has a white body and a blue cover. White stands for clean, purity, honesty and blue stands for reliability. It will definitely create positive aura around you and your customer/ prospect during a sales presentation and it might lead to a sale.

Interviewer- Okay. I will think about it. (Objection- 1)

(Someone is going to think means he is not going to buy your product)

So, It’s time for CTA (Call To Action)

You- Sir, this amazing pen normally costs 6 Rupee but if you buy it today, I will give you for 5 Rupee.

(You just created an emergency. Let’s see how he responds.)

Interviewer- Well, I will buy it tomorrow then. Today, I don’t have money/ change. (Objection-2)

You- Sir, I won’t mind if you pay me tomorrow. But I want to see you getting benefitted from today. So, please have the pen. Pay to me tomorrow.

(What will he say, now? No, I don’t want to get benefitted from today?)

He will buy the pen.


Credit:
This answer is copied from Barun's answer to the same question on quora.

Netflix's Pricing experiment for Indian audience

Indians love to buy 'Less', and buy 'More Often' - is a well-researched-and-acknowledged fact - This is the reason that sachets of shampoo / tea / hair-oil / etc. are the hottest selling commodities in India. the BIG NEWS is that even the World’s largest OTT platform; with 140M users worldwide; 'Netflix' is experimenting with this fact in India.

OTT = Over-the-Top media services.
Over the top is a term used to refer to content providers that distribute streaming media as a standalone product directly to viewers over the Internet, bypassing telecommunications, multichannel television, and broadcast television platforms that traditionally act as a controller or distributor of such content.

Netflix is to introduce Rs 65/week plan in India (This plan will allow access of Netflix only on mobile phones).

Netflix is the costliest OTT platform in India - Netflix’s actual plans start from Rs 500/month, and goes upto Rs 800/month, depending on the access of screens, and quality of videos.

India’s #1 player 'Hotstar' charges Rs 199/month
India's #2 player 'Voot' charges Rs 199/month
'Amazon Prime' charges Rs 129/month
'Zee5' charges Rs 99/month
'AltBalaji' is cheapest with Rs 100/3-months

No other country has a weekly plan as of now, except for India - And if this experiment works, it can change the entire dynamics of OTT in India.

Last question:
Should Netflix further lower their plans for India?

I think 'YES'. But, some experts believe otherwise:
Netflix isn’t interested in getting into price wars at all - It is going for a premium pricing strategy backed by good content. Dropping prices may get Netflix market share but it will be a one-way street and they will never be able to increase prices if they start dropping prices in response to competition. Also, at Rs 500/month their plans may be a less competitive rate when compared to other streaming platforms, but it’s still less than the price of two tickets at a multiplex - Moreover, it would be an over-generalisation and simplification to call all Indians price-sensitive. The market which the likes of Netflix caters to isn’t necessarily reflective of broader India and therefore isn’t that price conscious and this group is now hooked to Netflix and will take a membership even if the pricing goes up.



Credit:
Trak.in/tags/business/2019/04/06/netflix-launches-rs-65-plan-for-india-is-this-a-sachet-experiment-for-netflix/
En.wikipedia.org/wiki/Over-the-top_media_services
Qz.com/india/1525269/amazon-prime-hotstar-rival-netflix-didnt-raise-prices-in-india/
Impawards.com/