ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2016
  • Volume: 6
  • Issue: 5

Indian rural market-fundamental features and strategies to be evolved for successfull rural marketing

  • Author:
  • P. Sirisha
  • Total Page Count: 13
  • Page Number: 198 to 210

Veterinary Assistant Surgeon, Animal Husbandry Department, Hyderabad, Telangana

Online published on 20 September, 2016.

Abstract

The Indian rural market with its vast size and demand base offers great opportunities to marketers. Two-thirds of countries consumers live in rural areas and almost half of the national income is generated here. It is only natural that rural markets form an important part of the total market of India. Rural Marketing is a developing concept, and as a part of any economy has untapped potential. In recent years, rural markets have acquired importance, as the overall growth of the economy has resulted into considerable increase in the purchasing power of the rural people and preferences of rural people are also getting changed. So, every marketing player is keen to invest in rural markets. Though there is huge potential and substantial growth opportunities in the rural markets, yet there are some challenges too, which are causing hurdles in tapping rural markets. This study is a step forward in exploring various strategies to be adopted in the rural market along with the current scenario of rural marketing and appropriate suggestions in order to make the rural marketing a success.

Keywords

Features, Indian rural market, rural marketing, rural marketing strategies