Podcast
Questions and Answers
How does lower income levels in rural areas influence consumer purchasing decisions?
How does lower income levels in rural areas influence consumer purchasing decisions?
Lower income levels lead rural consumers to prioritize affordable and durable products over luxury items.
What role does limited education and literacy play in the consumer behavior of rural populations?
What role does limited education and literacy play in the consumer behavior of rural populations?
Limited education and literacy make rural consumers more reliant on familiar brands and recommendations from others.
In what way does family structure in rural areas affect consumption patterns?
In what way does family structure in rural areas affect consumption patterns?
Larger and more traditional family structures lead to collective purchasing decisions aimed at meeting family needs.
How does the age distribution in rural areas impact the types of products demanded?
How does the age distribution in rural areas impact the types of products demanded?
What challenges do rural areas face regarding digital adoption in consumer trends?
What challenges do rural areas face regarding digital adoption in consumer trends?
How do traditional gender roles manifest in the purchasing behavior of rural consumers?
How do traditional gender roles manifest in the purchasing behavior of rural consumers?
What is the impact of agricultural economies on the purchasing power of rural consumers?
What is the impact of agricultural economies on the purchasing power of rural consumers?
How does reliance on informal labor affect consumer choices in rural markets?
How does reliance on informal labor affect consumer choices in rural markets?
How can e-commerce platforms positively impact rural businesses?
How can e-commerce platforms positively impact rural businesses?
What role do improved transportation systems play in rural market access?
What role do improved transportation systems play in rural market access?
Identify a key challenge faced by rural populations regarding income levels.
Identify a key challenge faced by rural populations regarding income levels.
How does mobile banking contribute to consumer behavior in rural markets?
How does mobile banking contribute to consumer behavior in rural markets?
Discuss how subsidies and grants can influence rural economic resilience.
Discuss how subsidies and grants can influence rural economic resilience.
What are some demographic characteristics of the rural population in India?
What are some demographic characteristics of the rural population in India?
What impact do public-private partnerships have on rural development?
What impact do public-private partnerships have on rural development?
Explain how the distribution of rural populations in India affects the marketing strategies of businesses.
Explain how the distribution of rural populations in India affects the marketing strategies of businesses.
How has the introduction of digital media impacted consumer trends in rural areas?
How has the introduction of digital media impacted consumer trends in rural areas?
What are some distribution challenges businesses face when trying to reach rural consumers?
What are some distribution challenges businesses face when trying to reach rural consumers?
How do purchasing power and income levels affect consumer behavior in rural markets?
How do purchasing power and income levels affect consumer behavior in rural markets?
In what ways do rural consumers prioritize their spending?
In what ways do rural consumers prioritize their spending?
What demographic factors should businesses consider when targeting rural populations?
What demographic factors should businesses consider when targeting rural populations?
How does the presence of festivals and local fairs influence purchasing decisions in rural areas?
How does the presence of festivals and local fairs influence purchasing decisions in rural areas?
What role do community engagement and localized content play in marketing to rural consumers?
What role do community engagement and localized content play in marketing to rural consumers?
What opportunities arise from the challenges businesses face in rural markets?
What opportunities arise from the challenges businesses face in rural markets?
Flashcards
Rural Consumer Income
Rural Consumer Income
Rural consumers generally have lower incomes than urban consumers, often due to the agricultural nature of rural economies and reliance on less stable or lower-paying work.
Rural Education
Rural Education
Educational attainment and literacy rates are usually lower in rural areas due to limited access to quality schools and resources.
Rural Family Structure
Rural Family Structure
Rural families tend to be larger and more traditional, often with extended families living together and making decisions collectively.
Rural Age Distribution
Rural Age Distribution
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Rural Gender Roles
Rural Gender Roles
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Rural Consumer Purchasing Decisions
Rural Consumer Purchasing Decisions
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Rural Product Availability
Rural Product Availability
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Rural Distribution Strategies
Rural Distribution Strategies
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Rural Media Exposure
Rural Media Exposure
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Rural Consumption Patterns
Rural Consumption Patterns
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Rural Market Opportunities
Rural Market Opportunities
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Tailoring Products to Rural Needs
Tailoring Products to Rural Needs
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Savings Groups
Savings Groups
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Improved Transportation
Improved Transportation
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Market Access
Market Access
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E-commerce Platforms
E-commerce Platforms
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Mobile Banking
Mobile Banking
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Subsidies and Grants
Subsidies and Grants
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Public-Private Partnerships
Public-Private Partnerships
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India's Rural Population
India's Rural Population
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Uttar Pradesh Rural Population
Uttar Pradesh Rural Population
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Bihar Rural Population
Bihar Rural Population
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Study Notes
Rural Marketing Study Material
- Course Objectives: Familiarize students with the conceptual understanding of rural marketing and its development practices in India. Acquire knowledge of the rural economic environment, rural consumer behavior to devise rural marketing strategies.
Syllabus
-
Module 1 (Overview of Rural Marketing):
- Introduction to Rural Marketing
- Scope of Rural Marketing
- Components of Rural Markets
- Classification of Rural Markets (Rural vs. Urban)
- Population, Occupation Pattern, Income Generation
- Location of Rural Population, Expenditure Pattern
- Literacy Level, Land Distribution, Land Use Pattern, Irrigation
- Challenges faced by Rural Marketing
- Exploring Opportunities for Growth
- Case study: ITC: Creating unparalleled rural infrastructure- JM Morgan Stanley
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Module 2 (Rural Consumer Behavior):
- Understanding Rural Consumers
- Demographic Profile of Rural Consumers
- Socio-economic Classification of Rural Consumers
- Buying Behavior and Decision Making
- Factors Influencing Rural Consumer Behavior
- Decision-making Process in Rural Households
- Consumer Segmentation in Rural Markets
- Criteria for Effective Segmentation, Targeting and Positioning Strategies
- Case Study: Coca-Cola's Strategy for Rural Markets
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Module 3 (Rural Marketing Strategies & Mix):
- Marketing Strategies for Rural Markets
- Market Research in Rural India (Published reports)
- Role of Government and NGOs in Rural Marketing
- Segmenting Rural Markets
- Rural Marketing Mix Strategies (Positioning in Rural Markets)
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Module 4 (Agricultural Marketing & Rural Development):
- Nature, Scope & Objectives of Agriculture Marketing
- Classification of Agricultural Products and Markets
- Agricultural marketing Vs Rural Marketing
- Overview of Rural Development Programs and Schemes
- Impact of Rural Development Initiatives on Marketing
- Rural Development Programs
- Infrastructure Facilities
- Rural Retail Outlets.
- Case Study: Case Studies of Successful Marketing Extension of Banana post-harvest treatment, Africa
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Module 5 (Future of Rural marketing):
- The Future of Rural Marketing
- Changing Role of Rural Sector in India
- Rural Income and Demand
- Problems in Marketing of Agricultural Inputs in Rural India
- Marketing of Agricultural Products
- Improvement Measures taken by the Govt.
- Schemes (NREGA, PMGSY, DDU-GKY, SAGY)
- Initiatives by Co-operative and Private Sector.
- Case study: Impact of Brand Building in Rural Areas-A Case Study of AMUL
Reference Books
- New Perspectives on Rural Marketing (Ramkishen Y. 2002)
- Rural Marketing (U. C. Mathur)
- Rural Marketing (Rajagopal)
- Rural Marketing (CG Krishnamacharyulu, Lalitha Ramakrishnan)
- Rural Marketing Book (Kashyap Pradeep)
- Rural Marketing: Concepts and Cases (Balram Dogra&KarminderGhuman)
- Rural Marketing: Text and Cases (Krishnamacharyulu)
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