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Welcome
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RECENT TRADES IN RURAL MARKETING
Presentation by : Dr. V. S. MAHALE Assistant Professor Dept. of Rural Development Veer Wajekar A.S.C. College. Phunde, Uran
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Concept Rural marketing is confuse with agricultural marketing.
Marketing of produce of the Rural areas to the urban consumers or industrial consumers . Rural marketing involves delivering manufacture or processed inputs or services to rural producers or consumers.
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Potential of Rural Market
India is an agro base economy Urban market is reaching towards the saturation point More than 70% of India’s population leaves in villages 5,161 towns – 6,38,365 villages
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Significance of Rural Market
Increase in population hence increase in demand A market increase in the rural income due to agrarian prosperity Standard of leaving also increasing Large flow of investment for rural development programme from government & other sources Development of transport & wide communication network Increase in literacy & educational level
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What makes Rural Market attractive ?
Rural purchasing power has grown Kisan Credit Card are issue to farmers Market for Telecommunication Agricultural inputs like pesticides, fertilizer, tractors etc. Demand for 2-4 wheelers Market for insurance company like LIC Internet facility - rediffmail Instant noodles sales are growing nearly fast compare to urban
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Opportunities in Rural Marketing
Infrastructure is improving rapidly. More than 90% villages electrified. Rural telephone density has gone up. Social indicators have improved a lot. Number of “pucca” houses increase. Percentage of BPL families are decline from 46% to 27%. Rural literacy level improve from 36% to 59%.
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Strategies for Rural Marketing
Client & location specific promotion Joint or co-operative promotion Bundling of inputs Management of demand on the developmental marketing Media / advertisement
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Strategies for Rural Marketing
Unique selling programme Extension services Partnership for sustainability Selection of sales force
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Marketing Issues in Rural Area
The unevenly scattered population Under developed market Low level of literacy Seasonal Demand Distribution Communication Problem Traditional life
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Marketing Issues in Rural Area
Buying decision Cultural factors Media for promotion Less exposure to market Less retail outlets Lack of proper physical communication facilities Low per capita income Many languages
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Strategies for Marketing in Rural Areas
Product strategy Price strategy: - Low cost / cheap product - Avoid the sophisticated packing - Refilling packs - Reusable packing Application of value engineering Soya protein is being use instead of milk protein
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Strategies for Marketing in Rural Areas
Channel strategy Promotion & services strategy Advertisement & promotion Business promotion Building up the service principals
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Emerging Trends in Rural Marketing
Online Rural Market Information through local Agriculture input dealers Cost benefits analysis Need based production Market Driven Extension
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Emerging Trends in Rural Marketing
Processing Industry Apana Mandi / Kisan Mandi Rural Agri-Export Integrated Marketing
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Thank You
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