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Rural marketing
Why GO RURAL
Census 2011, India has 6,41,000 villages and
total population of 1,210 million.
Rural population is 833 million which
constitutes of about 69% of the total
population.
Result of green revolution (late 1960s)
Per capita income of farmers increased
Disposable income increased
Why GO RURAL
Many corporate houses like Godrej, Birla, ITC,
Reliance.
Initiative by ITC : e-Choupal
Company could directly link with rural farmers
through internet for the procurement of products
like soyabean, coffee, wheat , prawns etc.
http://www.youtube.com/watch?v=Fx4gukMYTGA
Why GO RURAL
In urban consumers durable market for products
like TV, washing machines, refrigerators and ACs
grow annually at a rate of 7% to 10%.
Rural market is zooming ahead around 25%
annually.
MART: specialist rural marketing and rural
development consultancy has found out :
53% of FMCG sales lie in rural areas
59% of consumer durables
Of 2 million BSNL mobile connections, 50% went to
small towns and villages.
Increase in income
Increase in expectations
Social changes
Economic changes
Ethical changes
Political changes
Physical changes
Technological changes