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Product
“ Anything that has a value in exchange”
Product – price – place – promotion
Challenges – Availability, affordability,
acceptability & awareness
Marketing Tools Marketing Challenge
Product Acceptability
Price Affordability
Place Availability
Promotion Awareness
Source: The Rural Marketing Book- Kashyap. P & Raut. S
Cont’d
Appropriate Product Strategies
Existing & New Products
Product features – service quality – price &
performance relationship
Simplicity is key
“ Sense & Simplicity” – Phillips Global
Campaign
Urban market successes could be rural
market failures
Appropriate new product development
processes
Product Levels
CORE BENEFIT
BASIC PRODUCT
EXPECTED PRODUCT
AUGMENTED PRODUCT
POTENTIAL PRODUCT
Cont’d
Product Level Characteristics Example Rural Vs
Urban
Core Benefit Fundamental Entertainment Same
benefit/ services
Basic Product Benefit/service Television Set Same
into tangibles
Expected Attributes & Digital sound, Appearance of
Product conditions flat screen differences in
buyers normally expectations
expect
Augmented Exceeding Battery Pleasant
Product customer Operated TV surprise for
expectations rural customer
Potential Encompassing Jolly Startek TV Uniquely rural
Product all value
augmentations proposition
&
transformations
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