Preview

rural marketing.. coke vs pepsi

Good Essays
Open Document
Open Document
4685 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
rural marketing.. coke vs pepsi
REPORT ON RURAL MARKETING

[PEPSICO V/S COCA COLA]

GROUP-1

MANSI GEHLOT(6103) KRITI KANSAL(6136)

ARPIT MITTAL(6114) UTSAV MAGGU(6127)

KRITESH KUMAR(6207)

RURAL MARKETING - INDIAN PRESPECTIVE

The Indian rural market with its vast size offers great opportunities to the marketers. Two-third s of the Indian consumers reside in rural areas and almost 1/2 of the national income is generated here in these areas. It is thus natural that the rural markets form an integral and important part of the overall market of India. Our nation is made up of around 450 districts, and approximately630000 villages which can be sorted out on the basis of different parameters such as literacy levels, accessibility, income levels, penetration, etc .The success of any brand in the Indian rural market is very unpredictable. It has always been very difficult to judge the rural market. Many brands have failed miserably for reasons unknown .More often than not, people attribute rural market success to luck. Therefore, marketers have to understand the dynamics and attitudes within each and every village

ATTRACTIVENESS OF RURAL MARKET

-LARGE POPULATION SIZE
-RAISING PROSPERITY OF THE RURAL HOUSEHOLDS
-GROWTH IN CONSUMPTION IN RURAL INDIA
-LIFE-STYLE CHANGES OF THE RURAL PEOPLE
-LIFE CYCLE ADVANTAGES TO THE MANUFACTURERS
-RURAL MARKET GROWTH RATES ARE HIGHER THAN URBAN
-RURAL MARKETING IS NOT EXPENSIVE
-REMOTENESS IS NO LONGER A PROBLEM AND CAN BE OVERCOME.

ANALYSIS OF THE RURAL MARKET IN INDIA
Rural market of India consists of about 80% of the population of the country. Apparently in terms of the number of people, the Indian rural market is almost twice as large as the entire market of USA or Russia. This market is not only large, but very much scattered geographically .It is also as diverse as it is scattered. It exhibits linguistic, regional and cultural diversities and economic

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Lab Report

    • 597 Words
    • 3 Pages

    The purpose of this experiment is to see whether or not temperature plays a role in the percent change during diffusion or osmosis.…

    • 597 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Constitution of the United States was created by our forefathers to ensure that not just one person could be in control or have the power to do what they see to be right. Our Constitution is broken down into three area branches that and each branch has their own powers but are checked by at least one of the other branches. Let’s take a look at why our forefathers created separation of powers, the three branches of our Constitution and what their duties are to support the American people.…

    • 538 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Over the past few years, business leaders and strategists around the world have increasingly been focusing their attention on the challenges of intense competition and slowing growth in high income markets. This has led many of them to reconsider the potential of emerging and low income markets. Rising purchasing power, changing consumption patterns, increased access to information and communication technology, improving infrastructure and government initiatives to boost the main constituent of Indian BOP market I, e Rural/Rur-ban markets. Shifts in occupation towards more predictable income streams have led to creation of new consuming class. There is increased need for products and services to reach these consumers spread across a wider geography and higher disposable incomes.…

    • 1294 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Reformatio ntil

    • 2020 Words
    • 9 Pages

    Outline Template: You may use this as a guideline for what to include in your outline of this 5 paragraph essay. It might be helpful to use this to check off what you have included.…

    • 2020 Words
    • 9 Pages
    Satisfactory Essays
  • Better Essays

    Coca Cola Case Study

    • 1333 Words
    • 5 Pages

    In 2001, the Indian market was composed by more than 70% of rural population. This dominant part of the population had a much lower purchasing power and lower salaries compared to urban consumers. The gap in India between the rural and the urban consumers was massive 10 years ago.…

    • 1333 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    “The rural consumer is discerning and the rural market is vibrant. At the current rate of growth, it will soon out strip the urban market. The rural market is not sleeping any longer. We are.” So sad Mr. Adi Gogrej of Godrej industries.…

    • 4892 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Marketing Strategy Itc

    • 644 Words
    • 3 Pages

    Marketers need to understand the psyche of the rural consumers and then act accordingly. Rural marketing involves more intensive personal selling efforts compared to urban marketing. Firms should refrain from designing goods for the urban markets and subsequently pushing them in the rural areas. To effectively tap the rural market, a brand must associate it with the same things the rural folks do. This can be done by utilizing the various rural folk media to reach them in their own language and in large numbers so that the brand can be associated with the myriad rituals, celebrations, festivals, "melas", and other activities where they assemble.…

    • 644 Words
    • 3 Pages
    Good Essays
  • Good Essays

    First, let’s get the obvious facts that everyone knows out of the way. Rural India is a major part of India’s domestic consumption story not just because it has 70% of India’s population, but because it already has 56% of India’s income, 64% of expenditure and 33% of India’s savings. The rural share of popular consumer goods and durables ranges from 30% to 60% and sales to rural India are steadily growing. Between 2005 and 2008, according to data from the Indian Revenue Service, colour television sets penetration increased by 7% and packaged biscuits by 10%, aggressive categories…

    • 1950 Words
    • 8 Pages
    Good Essays
  • Good Essays

    FMCG companies

    • 2678 Words
    • 11 Pages

    There has been an immense focus on the rural market because of the increase in demand and also because that market is yet to be tapped. The rural market is having a good growth rate and currently has a market share of 33% of the total FMCG markets.…

    • 2678 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Super Shampoo

    • 1240 Words
    • 5 Pages

    Affluent consumers demonstrate that they have 'arrived ' by buying bigger houses or cars. People at lower income levels do so by buying premium brands. This means brand loyalty is very high among less affluent consumers. That is why the rural market is critical for companies. The first-mover advantage is significant. Facts: Bottom of Pyramid in India There are two classes of BoP in India – • • Annual income of less than Rs. 75000 Annual income of Rs. 75000 to Rs.150000…

    • 1240 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Beverage companies cannot afford to ignore India's rural consumers if they wish to expand market share. According to data release by the PRB, only 28 percent of India's population lived in urban areas in 2003. On average, rural consumers have a lower income level than their urban counterparts and demand lower-cost beverage options.…

    • 399 Words
    • 2 Pages
    Good Essays
  • Good Essays

    As Hindustan Unilever Limited (HUL) sought to reach rural markets, they faced two hurdles. The first was size: rural markets were scattered over large areas, and per capita consumption rates were low. Thus, while the aggregate rural potential was massive, the potential of each of the 638,000 scattered markets was very low. The second was reach: rural markets were not connected to urban centers and road connectivity was poor. Even when feasible, accessing remote markets meant additional costs.…

    • 922 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Rural marketing has become an important aspect of marketing environment today. There are a number of myths and realities regarding immense potential of the Indian rural market. There is no doubt that the rural market presents a huge untapped opportunity for marketer as nearly 70% of the population lives in rural India. However, marketers need to explore growth indicators and key strategic tools for successful…

    • 3194 Words
    • 13 Pages
    Best Essays
  • Good Essays

    With the increase in purchasing power and the demand for a wide varietyof products by the rural consumers, the rural markets offer new and greater opportunities to manufacturers of several consumer and industrial products in India. To tap this vast and expanding market, companies are developing effective marketing and advertising strategies based on their study and understanding of the rural consumer behavior. There are certainly significant differences in the buying behavior of the rural consumers from the stand point of product development, pricing policies, distribution, and after-sales service, which create differences in requirements for marketing strategies in rural India.…

    • 14207 Words
    • 57 Pages
    Good Essays
  • Powerful Essays

    Rural marketing is the much talked subject for the business establishment. A decade ago rural market was seem to be unstructured and this was not found to be a target location of the corporate. This is due to the hurdles such as illiteracy, lack of technology and other factors leading to the poor reach of products. But now “Go Rural” is the slogan of marketing gurus after analyzing the socio economic changes in villages. With the changing marketing scenario, the corporate marketing strategies need to be reshaped in order to have an increased awareness among consumers and the overall development in the rural sector. The 4 P’s of rural marketing which is a hit in the cities might not work in the rural areas. To promote brands in rural markets require special dealings. Consumers have graduated to branded products with increased affordability as a result of increasing rural income. Rural market is one of the best opportunity for sector in India.. In this study the focusing is on the strategic issues of FMCG companies in rural marketing.…

    • 2744 Words
    • 11 Pages
    Powerful Essays

Related Topics