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Chapter VI

2- 1. Chapter VI. Rural Marketing Research. Learning objectives. Be familiar with evolution of rural marketing research Be aware of research tools for rural market Understand role of rural marketing consulting agencies in rural marketing research

nathan-hull
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Chapter VI

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  1. 2-1 Chapter VI Rural Marketing Research

  2. Learning objectives • Be familiar with evolution of rural marketing research • Be aware of research tools for rural market • Understand role of rural marketing consulting agencies in rural marketing research • Comprehend the challenges & limitations for conducting rural marketing research

  3. Evolution of Rural Marketing Research • Prior to 1980s: Thompson Rural Market Index • The Decade 1980 - 1990: Companies training their staff by experience-based learning Research by Institute of Rural Management, Anand Articles on Rural Marketing Strategies in A&M by Mukunda Das, Somnath Sen, Sanjay Chandwani, ... IRMA alumni initiated trainings for companies going rural

  4. Evolution of Rural Marketing Research • The Years since 2000: Market research agencies bring in tools and techniques that could map rural market potential and help clients gain unique customer insights. Market research increasingly coming closer to consulting

  5. Sources & Methods of Data Collection • Ensuring the support of opinion leader • Behaving in a manner to be liked by rural people • Being at right places: - Village choupal - Retail outlet - Fairs - Haats

  6. Data Collection Tools for Rural Market • Pictorial scales: Coins Coloured wheel Carom discs Playing cards • Simplified scales

  7. Research Tool for Rural Market • Semiotic Analysis • Customer eQ • Advanced Tracking Programme (ATP) • Consumer ID • Lincompass • Mapping software – ARCVIEW

  8. Limitations & Challenges in Rural Marketing Research • Nature of Rural Market • Paucity of Rural Marketing Research Budget • Lack of Uniformity in Secondary Data • Accessibility • Lack of Facilities in Rural Areas • Comprehension of Research Tools • Sensitivity of Rural People

  9. Summary: Points to Ponder • Research is extremely vital to effectively tap highly heterogeneous rural market of India. • Rural market research has gradually evolved from supplying market share figures to the current role of executing predictive research to provide valuable insights into the psyche of rural consumers. • Standard research tools and typical 5 or 7-point scales may not be that effective in the rural market.

  10. Summary: Points to Ponder • Innovative tools have been developed by advertising and consultancy organisations to research the rural market. • Comprehensive databases integrated with software-based applications have been developed by different advertising agencies. These tools segment the rural market on variety of parameters, helping organisations to select target markets.

  11. Summary: Points to Ponder • Different specialist rural marketing consultancy organisations and separate divisions of advertising agencies are providing solutions for planning and executing different rural marketing efforts.

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