SlideShare a Scribd company logo
1 of 9
In recent years, rural markets have acquired significance, as the overall
growth of the economy has resulted into substantial increase in the
purchasing power of the rural communities
Rural areas are evolving into strategic market for companies which
include not only domestic but MNCs too. There is great potential that
lies in rural market. More and more stress is therefore being given on
marketing products. It is very interesting to notice that the rural markets
are at par with the urban markets. The credit for this scenario goes to
the marketing policies.
z
• today the rural areas are less of a holiday destination and more of a business
opportunity. Overall, there are more than 3.8 million retail outlets in rural India,
averaging 5.8 shops per village. Almost 50 per cent rural people are taking part in
FMCG products.
• The rise of rural marketing has been seen as the most important marketing
phenomenon of the early 1900s, providing voluminous growth to all leading
companies like FMCG and Telecom or Electronic or IT related product or services.
But the real challenge is how to cope up with 4 P,s aspect of Marketing i.e
Product, Price, Place and Promotion.
EVOLUTION OF RURAL MARKETING
• In rural India, consumer markets as such are in the process of
evolution. The first phase of the evolution was from the 1980’ s to the
1990’s, a period characterized by a shift in focus to the consumer
needs, which in turn led to an increase in the number of consumer
products, players and competition- all giving the consumer a choice.
Another factor that led to the ‘boom’ in choice was the increased
reach of the media and rising household incomes, bringing about
major changes in lifestyles.
Size of Rural Market
• The total size of the rural market is estimated at Rs. 123,000 crore,
which includes FNCG’s, durables and agriproducts. Estimated annual
size:
• Rural Market FMCG Rs. 65000 crore
• Durables Rs. 5000 crore
• Agri-inputs Rs. 45000 crore
• 2/4 wheeler Rs. 8000 crore
• Total Rs. 123, 000 crore
ROLE OF IT
• 1. Facilitate access to information and services
• 2. Providing advance information system about weather and market price situation.
• 3. Help in promoting and up-scaling micro, crop & other insurance programs.
• 4. Providing better services and facilitating speedy claim servicing.
• 5. Monitoring & tracking of premium repayment.
• 6. For field based transactions, ensuring better interface between the insurers and the
insured.
• 7. Use complaints & feedback to bring improvements and changes.
• 8. Controlling distribution and transaction costs.
• 9. Cost effective, doorstep delivery mechanism.
• 10. Developing rural databases
• 11. Developing specialized and affordable rural insurance products.
examples
• e-Choupal- Another innovator in rural distribution -- the $3.6 billion,
Calcutta based tobacco-to-hotels conglomerate ITC -- has also been
trying to build a platform that others can use especially rural people.
The eChoupal network was initiated to facilitate more efficient and
effective procurement, the connectivity -- both physical and
informational -- between the farmer and the market that it facilitated
has allowed ITC to use it for distribution of goods and services from
the market to the farmer. It has thus evolved into a business platform.
• 2. e-Swasthya (Health in Card)- It has been started in 2001, in the
villages of North bihar, community Health cum Information Centre
connected with state of the art wireless communication equipment.
Simple laminated cards for immediate diagnosis, PC terminal needed
to access patient data and print the card. W-Fi connectivity to the Net
and Voluntary doctors offering free counseling on the Net
• E-Mitra- This service has been launched by the RAJASTHAN Government for the first time
for its rural citizens, so that they can deploy the I.T. enabled benefits to its fullest. E-
Mitra is State Government started projects, which soon become highly popular in the
region. In year 2002, two projects came into existence namely; Lok Mitra and Jan Mitra.
• Where Jan Mitra is an integrated electronic platform through which the citizens of
Rajasthan can avail the benefit if getting the desired information regarding any
Governmental Department at kiosks which is very near 1063 | P a g e to there doorstep.
These Initiative program of Rajasthan government have not only helped the Government
by reducing the burden of attending every call, it has reduced the waiting time for the
service and has lead to provide comfort to the citizens also, as with the inception of this
service they can easily get the information required at their doorstep.
• Lok Mitra is an urban electronic Governance Project which was launched in Jaipur city in
year 2002, which helps the citizens of Jaipur (now other cities also) to pay their bills
online (land, Water, Bus Tickets and BSNL) leading the citizen to save the waiting time.
This service also ensures people that their money is going directly to the Government
and provides a feeling of security related to their bills payment
• Drishtee.com- Drishtee’s innovation is manifested in charting an
alternate distribution network for products and services in rural India.
Drishtee has been able to succeeds fully initiate and run several
services in various parts of rural India, for which the villagers mostly
to travel to the nearest town or city. The main scope of drishtee’s
initiatives are
• a) education
• b) employment generation
• c) Initiation in women empowerment

More Related Content

What's hot

Marketing of consumer durables and non durable goods and
Marketing of consumer durables and non durable goods andMarketing of consumer durables and non durable goods and
Marketing of consumer durables and non durable goods andDivya Raj
 
Rural Marketing Mix
Rural Marketing MixRural Marketing Mix
Rural Marketing Mixrobinslides
 
Difference between rural and urban consumer behavior
Difference between rural and urban consumer behaviorDifference between rural and urban consumer behavior
Difference between rural and urban consumer behaviorPriyanka Awasthi
 
Marketing Mix for Rural market
Marketing Mix for Rural market Marketing Mix for Rural market
Marketing Mix for Rural market Taresh Harvansh
 
Recent innovations in rural marketing
Recent innovations in rural marketingRecent innovations in rural marketing
Recent innovations in rural marketingChandan Puri
 
Rural marketing research new
Rural marketing research newRural marketing research new
Rural marketing research newRamendra Tripathi
 
Rural marketing
Rural marketingRural marketing
Rural marketingsatya pal
 
Rural communication in Rural Marketng
Rural communication in Rural MarketngRural communication in Rural Marketng
Rural communication in Rural MarketngChandan Singh
 
Rural vs. urban marketing
Rural vs. urban marketingRural vs. urban marketing
Rural vs. urban marketingVijyata Singh
 
Rural Product strategy
Rural Product strategyRural Product strategy
Rural Product strategyBrahm Sharma
 
Rural Marketing Strategies, Distribution Strategies
Rural Marketing Strategies, Distribution Strategies Rural Marketing Strategies, Distribution Strategies
Rural Marketing Strategies, Distribution Strategies Rajendran Ananda Krishnan
 
Pricing strategy in rural market
Pricing strategy in rural marketPricing strategy in rural market
Pricing strategy in rural marketShikha Gupta
 
Rural marketing strategies
Rural marketing strategiesRural marketing strategies
Rural marketing strategiesNipankar guha
 
Opportunities and challenges in indian rural market
Opportunities and challenges in indian rural marketOpportunities and challenges in indian rural market
Opportunities and challenges in indian rural marketSAMEER LAKHANI
 
The Impact of Innovation on Rural Marketing
The Impact of Innovation on Rural MarketingThe Impact of Innovation on Rural Marketing
The Impact of Innovation on Rural MarketingShreya Mishra
 

What's hot (20)

Marketing of consumer durables and non durable goods and
Marketing of consumer durables and non durable goods andMarketing of consumer durables and non durable goods and
Marketing of consumer durables and non durable goods and
 
Rural Retailing
Rural RetailingRural Retailing
Rural Retailing
 
Rural Marketing Mix
Rural Marketing MixRural Marketing Mix
Rural Marketing Mix
 
Difference between rural and urban consumer behavior
Difference between rural and urban consumer behaviorDifference between rural and urban consumer behavior
Difference between rural and urban consumer behavior
 
Marketing Mix for Rural market
Marketing Mix for Rural market Marketing Mix for Rural market
Marketing Mix for Rural market
 
Rural Marketing Strategies
Rural Marketing StrategiesRural Marketing Strategies
Rural Marketing Strategies
 
Rural Marketing, Environment
Rural Marketing, Environment Rural Marketing, Environment
Rural Marketing, Environment
 
Recent innovations in rural marketing
Recent innovations in rural marketingRecent innovations in rural marketing
Recent innovations in rural marketing
 
Rural Products
Rural ProductsRural Products
Rural Products
 
Rural marketing research new
Rural marketing research newRural marketing research new
Rural marketing research new
 
Rural marketing
Rural marketingRural marketing
Rural marketing
 
Rural communication in Rural Marketng
Rural communication in Rural MarketngRural communication in Rural Marketng
Rural communication in Rural Marketng
 
Rural vs. urban marketing
Rural vs. urban marketingRural vs. urban marketing
Rural vs. urban marketing
 
Rural Product strategy
Rural Product strategyRural Product strategy
Rural Product strategy
 
Rural marketing
Rural marketing Rural marketing
Rural marketing
 
Rural Marketing Strategies, Distribution Strategies
Rural Marketing Strategies, Distribution Strategies Rural Marketing Strategies, Distribution Strategies
Rural Marketing Strategies, Distribution Strategies
 
Pricing strategy in rural market
Pricing strategy in rural marketPricing strategy in rural market
Pricing strategy in rural market
 
Rural marketing strategies
Rural marketing strategiesRural marketing strategies
Rural marketing strategies
 
Opportunities and challenges in indian rural market
Opportunities and challenges in indian rural marketOpportunities and challenges in indian rural market
Opportunities and challenges in indian rural market
 
The Impact of Innovation on Rural Marketing
The Impact of Innovation on Rural MarketingThe Impact of Innovation on Rural Marketing
The Impact of Innovation on Rural Marketing
 

Similar to ROLE OF IT IN RURAL MARKETING

Rural Digital Marketing - Masterclass by Ajay Chhabra
Rural Digital Marketing - Masterclass by Ajay Chhabra Rural Digital Marketing - Masterclass by Ajay Chhabra
Rural Digital Marketing - Masterclass by Ajay Chhabra Ajay Chhabra
 
Akashganga Case Study
Akashganga Case StudyAkashganga Case Study
Akashganga Case Studyyashpal01
 
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRA
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRARURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRA
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRAAvilash Mohapatra
 
Empowerment of farmers through ict and mobile apps
Empowerment of farmers through ict and mobile appsEmpowerment of farmers through ict and mobile apps
Empowerment of farmers through ict and mobile appsUdaybhaskar Mogallapu
 
Role of IT in rural sector by Anees Raza.
Role of IT in rural sector by Anees Raza.Role of IT in rural sector by Anees Raza.
Role of IT in rural sector by Anees Raza.Anees Raza
 
Agribusiness and Rural Marketing
Agribusiness and Rural MarketingAgribusiness and Rural Marketing
Agribusiness and Rural MarketingPujara Mandeep
 
Development of agricultural e-commerce framework for India, a strategic appro...
Development of agricultural e-commerce framework for India, a strategic appro...Development of agricultural e-commerce framework for India, a strategic appro...
Development of agricultural e-commerce framework for India, a strategic appro...IJERA Editor
 
Rural marketing
Rural marketingRural marketing
Rural marketingMIM Noida
 
Bangladesh's Digital Journey
Bangladesh's Digital JourneyBangladesh's Digital Journey
Bangladesh's Digital JourneyAnir Chowdhury
 
IT in Rural India-Opportunities and Challenges
IT in Rural India-Opportunities and Challenges IT in Rural India-Opportunities and Challenges
IT in Rural India-Opportunities and Challenges Amit Jha
 
ICT Initiatives in Agriculture
ICT Initiatives in AgricultureICT Initiatives in Agriculture
ICT Initiatives in AgricultureAnusha K R
 
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...Ericsson
 
Smart Village a Case Study of Kolavada Village
Smart Village a Case Study of Kolavada VillageSmart Village a Case Study of Kolavada Village
Smart Village a Case Study of Kolavada VillageIRJET Journal
 
bhavesh boob ppt english digital india.pptx
bhavesh boob ppt english digital india.pptxbhavesh boob ppt english digital india.pptx
bhavesh boob ppt english digital india.pptxhaaji3
 

Similar to ROLE OF IT IN RURAL MARKETING (20)

Rural Digital Marketing - Masterclass by Ajay Chhabra
Rural Digital Marketing - Masterclass by Ajay Chhabra Rural Digital Marketing - Masterclass by Ajay Chhabra
Rural Digital Marketing - Masterclass by Ajay Chhabra
 
Akashganga Case Study
Akashganga Case StudyAkashganga Case Study
Akashganga Case Study
 
Ict final
Ict finalIct final
Ict final
 
Services in Rural Market.pptx
Services in Rural Market.pptxServices in Rural Market.pptx
Services in Rural Market.pptx
 
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRA
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRARURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRA
RURAL MARKETING DOCUMENTARY@RAVENSHAW UNIVERSITY AVILASH MOHAPATRA
 
Empowerment of farmers through ict and mobile apps
Empowerment of farmers through ict and mobile appsEmpowerment of farmers through ict and mobile apps
Empowerment of farmers through ict and mobile apps
 
Gyandoot
GyandootGyandoot
Gyandoot
 
Role of IT in rural sector by Anees Raza.
Role of IT in rural sector by Anees Raza.Role of IT in rural sector by Anees Raza.
Role of IT in rural sector by Anees Raza.
 
E0341031036
E0341031036E0341031036
E0341031036
 
Agribusiness and Rural Marketing
Agribusiness and Rural MarketingAgribusiness and Rural Marketing
Agribusiness and Rural Marketing
 
Development of agricultural e-commerce framework for India, a strategic appro...
Development of agricultural e-commerce framework for India, a strategic appro...Development of agricultural e-commerce framework for India, a strategic appro...
Development of agricultural e-commerce framework for India, a strategic appro...
 
Rural marketing
Rural marketingRural marketing
Rural marketing
 
Bangladesh's Digital Journey
Bangladesh's Digital JourneyBangladesh's Digital Journey
Bangladesh's Digital Journey
 
E-Choupal PDFs
E-Choupal PDFsE-Choupal PDFs
E-Choupal PDFs
 
IT in Rural India-Opportunities and Challenges
IT in Rural India-Opportunities and Challenges IT in Rural India-Opportunities and Challenges
IT in Rural India-Opportunities and Challenges
 
ICT Initiatives in Agriculture
ICT Initiatives in AgricultureICT Initiatives in Agriculture
ICT Initiatives in Agriculture
 
Ppt on Digital India
Ppt on Digital IndiaPpt on Digital India
Ppt on Digital India
 
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...
Ericsson Business Review: Undiscovered country: harvesting India’s rural tele...
 
Smart Village a Case Study of Kolavada Village
Smart Village a Case Study of Kolavada VillageSmart Village a Case Study of Kolavada Village
Smart Village a Case Study of Kolavada Village
 
bhavesh boob ppt english digital india.pptx
bhavesh boob ppt english digital india.pptxbhavesh boob ppt english digital india.pptx
bhavesh boob ppt english digital india.pptx
 

Recently uploaded

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...lizamodels9
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdftbatkhuu1
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 

Recently uploaded (20)

Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdf
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 

ROLE OF IT IN RURAL MARKETING

  • 1. In recent years, rural markets have acquired significance, as the overall growth of the economy has resulted into substantial increase in the purchasing power of the rural communities Rural areas are evolving into strategic market for companies which include not only domestic but MNCs too. There is great potential that lies in rural market. More and more stress is therefore being given on marketing products. It is very interesting to notice that the rural markets are at par with the urban markets. The credit for this scenario goes to the marketing policies.
  • 2. z • today the rural areas are less of a holiday destination and more of a business opportunity. Overall, there are more than 3.8 million retail outlets in rural India, averaging 5.8 shops per village. Almost 50 per cent rural people are taking part in FMCG products. • The rise of rural marketing has been seen as the most important marketing phenomenon of the early 1900s, providing voluminous growth to all leading companies like FMCG and Telecom or Electronic or IT related product or services. But the real challenge is how to cope up with 4 P,s aspect of Marketing i.e Product, Price, Place and Promotion.
  • 3. EVOLUTION OF RURAL MARKETING • In rural India, consumer markets as such are in the process of evolution. The first phase of the evolution was from the 1980’ s to the 1990’s, a period characterized by a shift in focus to the consumer needs, which in turn led to an increase in the number of consumer products, players and competition- all giving the consumer a choice. Another factor that led to the ‘boom’ in choice was the increased reach of the media and rising household incomes, bringing about major changes in lifestyles.
  • 4. Size of Rural Market • The total size of the rural market is estimated at Rs. 123,000 crore, which includes FNCG’s, durables and agriproducts. Estimated annual size: • Rural Market FMCG Rs. 65000 crore • Durables Rs. 5000 crore • Agri-inputs Rs. 45000 crore • 2/4 wheeler Rs. 8000 crore • Total Rs. 123, 000 crore
  • 5. ROLE OF IT • 1. Facilitate access to information and services • 2. Providing advance information system about weather and market price situation. • 3. Help in promoting and up-scaling micro, crop & other insurance programs. • 4. Providing better services and facilitating speedy claim servicing. • 5. Monitoring & tracking of premium repayment. • 6. For field based transactions, ensuring better interface between the insurers and the insured. • 7. Use complaints & feedback to bring improvements and changes. • 8. Controlling distribution and transaction costs. • 9. Cost effective, doorstep delivery mechanism. • 10. Developing rural databases • 11. Developing specialized and affordable rural insurance products.
  • 6. examples • e-Choupal- Another innovator in rural distribution -- the $3.6 billion, Calcutta based tobacco-to-hotels conglomerate ITC -- has also been trying to build a platform that others can use especially rural people. The eChoupal network was initiated to facilitate more efficient and effective procurement, the connectivity -- both physical and informational -- between the farmer and the market that it facilitated has allowed ITC to use it for distribution of goods and services from the market to the farmer. It has thus evolved into a business platform.
  • 7. • 2. e-Swasthya (Health in Card)- It has been started in 2001, in the villages of North bihar, community Health cum Information Centre connected with state of the art wireless communication equipment. Simple laminated cards for immediate diagnosis, PC terminal needed to access patient data and print the card. W-Fi connectivity to the Net and Voluntary doctors offering free counseling on the Net
  • 8. • E-Mitra- This service has been launched by the RAJASTHAN Government for the first time for its rural citizens, so that they can deploy the I.T. enabled benefits to its fullest. E- Mitra is State Government started projects, which soon become highly popular in the region. In year 2002, two projects came into existence namely; Lok Mitra and Jan Mitra. • Where Jan Mitra is an integrated electronic platform through which the citizens of Rajasthan can avail the benefit if getting the desired information regarding any Governmental Department at kiosks which is very near 1063 | P a g e to there doorstep. These Initiative program of Rajasthan government have not only helped the Government by reducing the burden of attending every call, it has reduced the waiting time for the service and has lead to provide comfort to the citizens also, as with the inception of this service they can easily get the information required at their doorstep. • Lok Mitra is an urban electronic Governance Project which was launched in Jaipur city in year 2002, which helps the citizens of Jaipur (now other cities also) to pay their bills online (land, Water, Bus Tickets and BSNL) leading the citizen to save the waiting time. This service also ensures people that their money is going directly to the Government and provides a feeling of security related to their bills payment
  • 9. • Drishtee.com- Drishtee’s innovation is manifested in charting an alternate distribution network for products and services in rural India. Drishtee has been able to succeeds fully initiate and run several services in various parts of rural India, for which the villagers mostly to travel to the nearest town or city. The main scope of drishtee’s initiatives are • a) education • b) employment generation • c) Initiation in women empowerment