The rural market is classified in to 3 parts- Consumer Market, Industrial Market & Service Market of different geographical areas and its potentials.Apart this TRMI explains the Rural Industrial market in parts of Constituents- Agricultural & allied activities, Product Consumables - Its all inputs require for farming and Durables- That means latest technologies uses in farming activity.
rural marketing is the process of marketing in rural areas,it includes the adoption of various marketing strategies and policies in rural market with a view to convert the needs and wants of rural people in industries
Rural marketing is the process of marketing in rural areas. it includes the adoption of various marketing strategies and policies in rural market with a view to convert the needs and wants of rural people into demand.
Market segmentation refers to the division of the heterogeneous market into sub-market,each having more homogeneous characteristics. According to Kolter,"Market segmentation is the act of identifying and profiling distinct groups of buyers who might require separate product and for market mix"
face to face with logical clients, "door to door."
Rural market verses urban market?
rural marketing is promotion of a company's products in the rural market buy using strategies which differs from that of urban market, the rural market is more price sensitive bt it has preference for quality.
Small, rural and ethnically homogeneous enclaves situated in a larger, more diverse culture
Actually the local market was focusing in rural areas for selling their products. in rural areas most of them are uneducated know so that they are following these strategy to sustain in their market..
As of July 2014, the market cap for China Metro-Rural Holdings Limited (CNR) is $69,131,155.08
Why marketers divide whole market into different sub-group?
The rural market is classified in to 3 parts- Consumer Market, Industrial Market & Service Market of different geographical areas and its potentials.Apart this TRMI explains the Rural Industrial market in parts of Constituents- Agricultural & allied activities, Product Consumables - Its all inputs require for farming and Durables- That means latest technologies uses in farming activity.
rural marketing is the process of marketing in rural areas,it includes the adoption of various marketing strategies and policies in rural market with a view to convert the needs and wants of rural people in industries
Rural marketing is the process of marketing in rural areas. it includes the adoption of various marketing strategies and policies in rural market with a view to convert the needs and wants of rural people into demand.
rural assembely markets are places where farmers can meet with traders to sell their products
Culture traditionally practiced by a small, homogeneous rural group living in relative isolation from other groups.
Rural credit market refers to the provision of cheap resources by the governments to farmers in a myriad of institutional settings. The governments are usually supported by the bilateral and multilateral aid agencies.