Four billion low-income consumers, a majority of the world’s population, constitute the base of the economic pyramid (BOP). New empirical measures of their aggregate purchasing power and their behavior as consumers suggest significant opportunities for market-based approaches to: better meet their needs, increase their productivity and incomes, and empower their entry into the formal economy.
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Simon J., Student / Self employed consultant at University of Bamberg, added this to the group Base of the Pyramid
Four billion low-income consumers, a majority of the world’s population, constitute the base of the economic pyramid (BOP).
New empirical measures of their aggregate purchasing power and their behavior as consumers suggest significant opportunities for market-based approaches to:
better meet their needs,
increase their productivity and incomes, and
empower their entry into the formal economy.
The Transportation Market The Next 4 Billion: Market Size and Business Strategy at the Base of the Pyramid http://www.wri.org/thenext4billion
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