Gives various difference between rural consumer and urban. Also you will find the factors affecting their buying behavior. We get to know the involvement when they purchase the product.
4. Difference Between Rural And Urban
Population
Standards of living
Wide economic gap
New product awareness
Education
Electrified
Channel of communication
Channel of distribution
5. Rural VS Urban
Customer thinks of
money, durability before
buying.
Development is very less
The income level is not
fixed
Ability to pay back loan
is low
Brand awareness is low
Customer thinks of
brand and its updates.
More development is
seen.
The income level is
fixed
Competition is fixed
It is comparatively
higher
More aware of
branded product.
6. Low vs High Involvement
Rural consumer make low
involvement while
Purchasing
They are not risk taker
They show low
involvement towards
product as they are highly
influenced by the opinion
leaders, elders.
Urban consumer make
high involvement
They are risk taker
High involvement product
leads to comfort, status,
drive, consumers
recognition for need
9. Reasons For Selecting Market
Rural market
Size of the market
Largely Untapped
Income on the
rise/disposable income
Income from other than
agriculture
Income flow from urban
/abroad
Ex:- Colgate 55%
Urban market
Large number of customer
Awareness about the
product
Effective distribution
channel
Rise to competition
Source of new ideas
Ex:- Future group 80%
10. Challenges
Rural Marketing
I. Traditional Life.
II. Transportation.
III. Literacy.
IV. Promotion and Marketing Communication.
Urban marketing
I. urban market flooded with low demand.
II. High degree of competition.
III. large expenses.
11. Conclusion
1. The rural market (68.84%) is larger than urban
market (31.16%) and the marketers cannot afford to
ignore studying the rural consumer behaviour.
2. If 80% of the landholdings are below 5 acres, where
is the scope to hire workers on the farm? In fact,
rural area is confronting underemployment and
unemployment.
3. This is reflected in the increased level of urbanization
from 27.81% in 2001 Census to 31.16% in 2011
Census.– it is vital that the marketers understand the
rural customers well.
12. Informative clipping's
video sharing some statistics of rural market in
consumer behaviour and business prescriptiv
https://www.youtube.com/watch?v=tZ6_SxBSpZw
https://www.youtube.com/watch?v=LYVgD1x1pJo
https://www.youtube.com/watch?v=nY_pcNue
s&list=WL&index=7
Video Clip depicting the real life practices ado
rural market of India
https://www.youtube.com/watch?v=atpZGLMa
ex=8&list=WL.