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Introduction to Rural marketing

Assistant Professor at Ranchi Women's College à Ranchi Women's College, Ranchi University
8 Jul 2021
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Introduction to Rural marketing

  1. Rural Marketing - Introduction By – Vijyata Assistant Professor Ranchi Women’s College
  2. Key Learning • Definition of Rural Marketing • Nature of Rural Marketing • Characteristics of Rural Marketing • Challenges in Rural Marketing
  3. Rural Market Rural market refers to the set of consumers who are located in rural area and who exhibit behaviour that is different from the behaviour of consumers in urban areas.
  4. Rural Marketing • Rural marketing is the process of developing , pricing , promoting , distributing rural- specific goods and services leading to exchange between urban and rural market , which satisfies consumers demand and also achieves organisational objectives. • Rural marketing is the planning and implementation of marketing function for the
  5. Transactions in Rural Marketing RURAL URBAN URBAN RURAL RURAL RURAL
  6. Nature of Rural Marketing • Role of rural marketing is more developmental than transactional • Process of marketing in rural areas • Focuses on customer satisfaction with increase in their standard of living. • Win-win process for both institution as well as the prospect • Two way- rural to urban , urban-to-rural
  7. Characteristics of Rural Marketing Large , Diverse and Scattered market Low income mainly from agriculture Heterogeneous market Traditional conservative outlook Low literacy Rate Diverse socio- economic background Poor Infrastructural facilities
  8. Challenges in Rural Marketing High Distribution cost Prevalence of spurious Brands and Seasonal Demand Narrow Consumption Basket High initial market development expenditure Lack of proper physical Communication facilities
  9. THANK YOU!!! For Any Sawaal, Sujhao Or Comment, feel Free To Write To Me At vijyata.rwc@gmail.Com Or Comment In The Comment Box
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