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Activity:
235 views;
last activity : 07 06 2010 20:18:09 +0000
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Focus on their requirements
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Communities
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Perception Building and Breaking
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Strategies for entering into rural market
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Customisation of voice, VAS and data with total end to end service
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strategies to enter into rural area
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strategies for entering rural market..
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Price is the key
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At very 1st we need to understand the need of consumers.
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Adjusting to local needs
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End-to-end service delivery
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how to enter rural market
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They Earn We Make Profit
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Tie up with a CSR program of a huge MNC
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Strategies ofr entering rural market: 1. Low pricing 2. Less quantity packing 3. No brands 4. Educating rural people 5. Understanding their needs & requirements 6. Easy accessibility
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I'll also agree on focussing on their requirements. To add further:
1. Identify the need
2. Study and analyse demographics to arrive at the best possible selling price
3. Work backwards and develop a scaleable prototype to fit the above 2
4. Rope in opinion leaders for introducing the product among the target segment
5. Ensure proper feedback to make changes, if any
6. Replicate and distribute
7. Ensure a strong servicing and replenishment mechanism
Our rural counterparts are looking for products that could help them ease/ upgrade their current conditions. The thing to be kept in mind is that the product should be appealing in price and utility and follow the adage as is for all markets: value for money
it is very much clear that rural market is highly untapped market with less competition but maximum production is from there only. After analysing that market the basic problem which i got is loaning.If somehow after contacting them or by providing them inputs, we are able to provide them the platform for output which can be further converted into a rural business hub or an open air mall.
Yes Prarthana is right. The requirement and affordability of Rural people is not as equal to that of urban people. they even don't know anything about new products. Before launching any products into the market, we should know every details about these things.
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Rural people live as communities or extended families. You need to align with local communities following the trick, “trust is transferable”.
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Well said Sheetal "Trust is Transferable" and it works really well with rural people. The elder "tau" when talks about certain things people hear and in there personal lives as well these "educated tau'z" "town returned dude'z" ideas and suggestion matters a lot. I would like to definelty include the Seth Godins idea of "Tribes & Tribe marketing" when it comes to targeting rural market as the rural people tend to rely & make decision in groups.
Well said Sheetal "Trust is Transferable" and it works really well with rural people. The elder "tau" when talks about certain things people hear and in there personal lives as well these "educated tau'z" & "town returned dude'z" ideas and suggestion matters a lot. I would like to definelty include the Seth Godins idea of "Tribes & Tribe marketing" when it comes to targeting rural market as the rural people tend to rely & make decision in groups.
Well said Sheetal "Trust is Transferable" and it works really well with rural people. The elder "tau" when talks about certain things people hear and in there personal lives as well these "educated tau'z" & "town returned dude'z" ideas and suggestion matters a lot. I would like to definelty include the Seth Godins idea of "Tribes & Tribe marketing" when it comes to targeting rural market as the rural people tend to rely & make decision in groups.
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Rural people build perceptions and are difficult to convince, Need to break thier perception and build new once with Product Demos or experiences (sweet/ tough) and create hype/ educate thru media |
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Mr.Vivek i agree with you.Its difficult to enter and become successful instantly in the rural market as compared to urban market because the people in urban areas have their own perceptions and they are used to do the same thing over and over again.So if you want to make them aware of your product you first need to break their perections and build trust for your product.Then only you can make use of the huge potential for growth that it offers.
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The success of entering the rural market depends on how you bring all the beliefs, culture and traditions together into a package that gives the consumers the value for the price he is going to spend. Still today the rural consumer wants a soap and not lux... The whole idea is how you reach them i.e. the ease of access & price... If a consumer wants to buy a soap he asks for the lowest priced soap and then whatever is available he buys.... My personal experience in Gujarat where the middle aged rural consumer has money to buy still doesnot associate with a brand as for him the brand doesnot carry any image but this is different for a yound lad who is going to college in the near by town who clearly will boast around telling his friends that he has used a lux today....If you look at the rural market after 3-4 yrs where the consumer will be this yound lad will definitely like to associate himelf with a brand... Though it all depends on how fast the communication flows to him in the near future... So it is imperative now that more and more cheaper and effective ways of communicating the brand to these young consumers are devised which will in near future definitely help to make inroads for the brands and new products.... |
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Rural markeet is a totally different ball game. The ARPU's going to be less in these markets. hence follwoing are the key to revenue: 1. packet comprising of Voice and data 2. Community centre to run by educated youths. 3. VAS as supplement towards increasing ARPU 4. End to end service delivery. |
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the marketer should understant the need of of consumer. to make them buy a branded product is difficult task thogh hll has succeded by marketing products according to consumer behaviour of rural area.the demand in RA is seasonal so we have to consider that as well. low price effective packaging awareness through mobile media and local media is important. as the literacy level has gone up recent year, in west bengal, BIhar, UP and maharashtra. people has started realising to associate them selve with a brand. we should have effective marketing strategy to tapp it. |
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i completely agree with the idea ,'coz people residing in rural areas want things 1.)to be economical .2.) easily available .3) in small/easy to use packings.today b'coz of cable tv reaching in villages ,brands need to communicate well ,hence to give it a universal appeal .
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1.Awareness, 2.Economical, 3.Quality, 4.Accesibility, 5.Understanding their needs, 6.Above the Line Advertisements |
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Price is the key there. Because of limited income, everything like bramd and all comes after price. Once you establish brand with price next you can keep them abreast with your brand awareness. |
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Yes sujit you are right. Definitely price holds a position but if they associate with some pride and respect its an added advantage.
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At very 1st we need to understand the need of consumers. Once we are able to find out the needs, then very nxt we will think of solution with the Best attraction (attraction*) * In rural market we need to take care of few things:
If we have these tools we can grape the market potential/prospects very easily
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Rural India represents varied cultures, traditions, languages etc. So your model should be sufficiently flexible to adapt to local needs.
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You need to make sure that the consumer gets service-as-a-whole delivered. For example, if you just collect a resume and charge the customer rupees twenty for feeding into computer- this may not be scalable. However, if you collect a villagers’ resume, provide him a job earning him rupees 5000 a month and collect rupees 20000 for your efforts - this would definitely work with rural people.
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as said the rural market is still not in action because the people in villages do not emphasise on quality of a product or they do no know the actual value about a product. wit a strategy of a good quality of product n good sample test can give us a brief about the reaction of the rural public. based on the product the rural people must be educated in the form of surveys and hence it can be a starting step to enter a rural market. |
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The days of cheap price, "Sasta, Sundar, Tikaau" have gone. these days people dont look for only cheap, they also look for cheap and profitable. the product which will fulfill something more than just its function. e.g. if a soap is introduced in the market with a Katrina Kaif as its ambasador, the soap would surely work but if we have to make the same soap work in the rural market, Katrina Kaif's Poster along witht he Soap will surely help. and if you say that Katrina Kaif's Poster would be signed by her personally for 1 out of every 1000, that will definitely bring in more buzz in the crowd.
Ideas can be just thought over, brainstorming is what makes it perfect. |
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Generally MNC's or even our own companies like HLL, Mahindra's have a CSR. That program is for the benefit of the underprivileged or somehow linking their products to reach the rural mass. Linking yourself with such a program is definitely beneficial as the CSR is an year round activity and Corporates have to ensure that it takes place all the time. It is a definite plan to reach the TA and it also involves product being sold albeit at discounted costs. The only thing to make sure of is to tie up with a company where your TA and theirs have a fit. |
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