Rural Consumer Behavior

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Questions and Answers

What is one of the reasons for the low standard of living in rural areas?

  • High literacy rate
  • Abundance of savings
  • Low per capita income (correct)
  • Advanced healthcare facilities

Why do rural consumers often value old customs and traditions?

  • They are resistant to change (correct)
  • They prefer changes
  • They have access to modern technology
  • They have high disposable income

What has led to a fast-changing demand pattern among rural customers?

  • Limited choices in products
  • Decrease in rural income
  • Introduction of kisan credit card by banks (correct)
  • Lack of credit facilities

Which factor contributes to the high cost of physical distribution in rural areas?

<p>Inadequate infrastructure facilities (A)</p> Signup and view all the answers

What has encouraged rural consumers to develop saving habits?

<p>Efforts by cooperative and commercial banks (B)</p> Signup and view all the answers

How does the availability of basic facilities affect the demand for products in rural areas?

<p>Depends on availability of basic facilities like electricity, transportation, schools, hospitals, etc. (A)</p> Signup and view all the answers

What is the main reason why direct delivery of goods to villages is costlier compared to urban markets?

<p>Villages are spread over vast distances (A)</p> Signup and view all the answers

Which company views rural India as a future growth driver and has implemented a hub-and-spoke distribution model to reach villages?

<p>Coca Cola (C)</p> Signup and view all the answers

What percentage of the rural population constitutes the lower income group according to the text?

<p>65% (B)</p> Signup and view all the answers

How have some companies addressed the issue of affordability in rural marketing?

<p>By introducing small unit packs (C)</p> Signup and view all the answers

What is the primary source of income for the majority of people in rural regions?

<p>Agriculture and related activities (C)</p> Signup and view all the answers

Why is reaching products regularly to far-flung villages considered a greater challenge?

<p>Challenges in segmenting the rural population (D)</p> Signup and view all the answers

What feature helped LG Electronics in successfully selling 100,000 sets of their customized TV in the rural market?

<p>Customized design for rural consumers (D)</p> Signup and view all the answers

What basic amenity was lacking in rural areas that led Coca-Cola to provide low-cost ice boxes?

<p>Electricity (B)</p> Signup and view all the answers

What has been highlighted as a challenge regarding brand awareness in the rural market?

<p>Limited promotion in rural areas (B)</p> Signup and view all the answers

For rural consumers, consumption of branded products is seen as:

<p>A luxury or special treat (A)</p> Signup and view all the answers

What is a common unit of identity for both urban and rural consumers?

<p>Family (B)</p> Signup and view all the answers

Which type of outings are common for the rural consumer compared to their urban counterpart?

<p>Local fairs and festivals (A)</p> Signup and view all the answers

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