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Understanding Rural Retailer at the Base of the Fortune Pyramid


Affiliations
1 Institute of Rural Management Anand, Anand, Gujarat, India
     

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The literature in the field of rural marketing has paid little attention to intra-rural transaction. However, approaches towards inclusive marketing and rural market development are incomplete without clarity on rural to rural transaction. In this article an attempt has been made to understand the rural to rural transaction in the context of rural retail units. Identification of the supportive features, appreciation of organisational limitations of the business, and design of alternative revenue options were found as three strategies adopted by rural retailers to build a profitable enterprise. Compatibility and desirability of the revenue alternatives have been discussed to be the indicators determining the importance of each of these strategies. Implications are discussed both for commercial ventures involved in rural marketing as well as for agencies concerned with the design and implementation of income generating programmes in rural areas.

Keywords

Intra-Rural Transaction, Rural Retailing, Income Generating Activities, Rural Marketing.
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  • Understanding Rural Retailer at the Base of the Fortune Pyramid

Abstract Views: 184  |  PDF Views: 0

Authors

Nilamadhab Mohanty
Institute of Rural Management Anand, Anand, Gujarat, India

Abstract


The literature in the field of rural marketing has paid little attention to intra-rural transaction. However, approaches towards inclusive marketing and rural market development are incomplete without clarity on rural to rural transaction. In this article an attempt has been made to understand the rural to rural transaction in the context of rural retail units. Identification of the supportive features, appreciation of organisational limitations of the business, and design of alternative revenue options were found as three strategies adopted by rural retailers to build a profitable enterprise. Compatibility and desirability of the revenue alternatives have been discussed to be the indicators determining the importance of each of these strategies. Implications are discussed both for commercial ventures involved in rural marketing as well as for agencies concerned with the design and implementation of income generating programmes in rural areas.

Keywords


Intra-Rural Transaction, Rural Retailing, Income Generating Activities, Rural Marketing.