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| SPJIMR Newsletter: Oct - Dec 2007 | Discover Spjimr ~ Newsletter ~ Oct - Dec 2007 |
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Pradeep Lokhande is a unique social entrepreneur. He found that there is little information and market research available on the Indian villages, which is desired by many companies such as HLL, P&G, Marico, Asian Paints, Telco and DSP Merrill Lynch to tap the rural consumers. He therefore started the venture of visiting these villages to compile information about them and selling it to companies. With the earnings, he also provides educational facilities to these villages. During his interaction with the participants at SPJIMR, Mr. Lokhande explained the five marketing strategies used in rural marketing. These include promotions in mela, mandies, haats and promotions using street plays ,drama, billboards , hoardings etc. He further explained the consumer psychology of different age-groups coming to a Mela and threw light on how products should be positioned to target such customers. The lecture added value to the participants' understanding of rural markets, which would help them in their endeavor of making a difference in the lives of rural India. .
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