How Paytm Offers an iPhone 6 Discount of Rs. 8000: An In-Depth Analysis

Introduction

The digital payment platform Paytm has been making waves in the Indian market, offering various promotional deals to its users. One of the most talked-about offers involves a discount of Rs. 8000 on the iPhone 6. This article will break down how Paytm is able to offer such a significant discount, what you need to know, and whether it is worth taking advantage of this offer.

Understanding the Promo: Seller Discount

Based on the screenshots taken on 29th August 2017, the offer is clearly a seller discount, not a direct price reduction from Paytm. The marketplace seller is providing the discount, and users can check if their preferred store offers the same deal. Users can transfer the Paytm wallet amount to their bank balance with a nominal charge of 3%.

While the price on Paytm is significantly higher at Rs. 50647, the seller will offer an Rs. 8000 cashback. This cashback directly goes to the Paytm wallet and cannot be transferred to a bank account. The final price at an offline store remains slightly higher, but sellers provide essential services such as data transfer, creating an Apple ID, and updating the phone.

Analysis of the Offer and Its Relevance

The iPhone 6 is one of the older models, and Paytm has capitalized on this by increasing the price significantly and offering a substantial cashback. The cashback of Rs. 8000 means that the final price becomes Rs. 42647 (Rs. 50647 - Rs. 8000). However, it's crucial to weigh the pros and cons before making a purchase.

Company Background and Market Position

Paytm, a subsidiary of One97 Communications, has received a significant investment of Rs. 3500 crore from the world's largest e-commerce website, Alibaba. This investment has bolstered Paytm's position in the digital payment space. However, it's important to note that Paytm does not sell directly; it acts as a marketplace similar to eBay, Amazon, or Snapdeal, connecting buyers and sellers.

Customer Care and Support

As a marketplace, Paytm's customer service is fundamentally different from that of brand manufacturers like Apple. The company does not have its own customer support infrastructure. Therefore, if you face any issues with the device, including warranty issues, you'll have to contact the seller directly. This lack of a dedicated customer care team for Paytm might be a downside for concerned users.

Conclusion and Expert Recommendation

Experts often advise users to think twice before opting for such offers, especially on older devices like the iPhone 6. While the price seems attractive, one should consider the following:

Paytm does not have a proper customer care support system. In case of any issues, the user would need to contact the Apple Premium Reseller directly.

Users cannot transfer the Rs. 8000 cashback to their bank account.

The price seems higher compared to competitors like Amazon, where the same model is available at Rs. 45782.

Given these considerations, the personal suggestion would be to avoid purchasing from Paytm. Users should take the time to research and compare prices on trusted platforms where they can enjoy better customer support and warranties.

Remember, think twice before you buy.