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Welcome Emerging Markets by Dr
Welcome Emerging Markets by Dr. Satyendra Singh Professor, Marketing and International Business University of Winnipeg Canada
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What is an Emerging Market?
Population = 7b; 2b = can afford good products Bottom of Pyramid = $5 trillion worth of purchasing power 2
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↓ Price: Offer very basic: TATA Nano: $3,000
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↑ Affordability: Small packet size
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↑Innovation: Slimmest watch
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↑Innovation: Poor’s debit/credit card 6
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↑Value: Offer what they need
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You must do something or have something new to say
How to add value? You must do something or have something new to say Commodity Goods Service Experience 1₡-2₡ ₡-25₡ 75₡-$1.5 $2-$2.50 8 20
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Questions?
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