Rural consumer preference for fmcg products

However, the rural income is seasonal in nature and to a great extent influenced by non-controllable factors such as draughts and floods, crop failures due to pests, and similar factors. Pradeep kashyap Rural Marketing Strategies: They tend to exhibit greater trust in products and services endorsed by the government and its agencies.

Tax exemption on rural income too has been responsible for this enhanced rural purchasing power. In value terms, around Rs 15, crore. When buying product this brand will be my first I will not buy other brands if my brand is available at the store Source: Show more Revenue in billion U.

With the increase in executives? Increasing awareness has led to significant changes in buying behavior and consumption habits.

Free samples and displays are exempt form the purview of FBT. Below-average monsoon rains over the past couple of years had been blamed for stagnant sales growth. They do not prefer changes.

Infrastructure status should be accorded to agri-processing industry. Data Sources There two types of data Primary and secondary. Switching of one product to other company product is mainly based on advertisement, brand name, packaging availability and price rise. The pre-dominance of agriculture in the income pattern is one main reason for this.

The above issues are addressed by companies in many ways. Once these are identified, the team and local authorities raid these factories. GST itself is creating demand. Products should be built or modified to suit the life style and needs of the rural consumers.

This makes it difficult for spurious goods makers to imitate. Affordability is lower in rural as per capita income in rural are less than half of what they are in urban.

But rural India has given the industry much to cheer about. Rural consumer behavior is also influenced by the geographic location of the consumers. Buying behavior of rural consumer also varies depending on the place of purchase. Lack of electricity automatically increases the purchase of batteries by rural consumers.

Import duty on packaging machinery should be nil. The secondary data, on the hand are those which have already been collected by someone else and which have already been passed through the statistical process. Tools Used For Data Analysis The collected information has been processed both manually and with the help of computer.

Many brands, which should have been successful, have failed miserably. In some rural areas, even the common facilities like well water or grazing land is demarcated based on caste. The manufacturing and marketing men can think in terms of new product design specially meant for rural areas keeping the life style in view.

Purchases of consumer products and automobiles in rural India picked up pace during July-September, outstripping the rate in cities, as a good monsoon lifted farm income.

FMCG Sector and brand preference

Coverage of the Study The study examines the durable product market and covers rural consumers of Jhunjhunu District of Rajasthan Universe, Sampling Design, Sample Size and Data Sources Data and information were gathered from primary sources by means of field survey using structured questionnaire covering retail consumers on random sample basis in Jhunjhunu District of Rajasthan and from secondary published sources.

Also the taxes should be rationalised. Unlike in urban areas, these behavioral norms are strictly implemented in rural areas. A study conducted by AC Nielson, a research agency reveals that FMCG industry loses around crores annually to counterfeits and pass-off products.

Parle-G and Tiger are mostly used brands in Badangpet.Critical Analysis of Consumer Brand Preference for Apparel & Accessories.

Consumer behaviour with reference to (ITC) FMCG goods. Consumer Behavior Towards Fmcg Product. FMCG. A Project on Supply Chain Management.

Bajrang Singh ( – ). Consumer markets in the developing world are an enormous but still-untapped opportunity for companies seeking new sources of growth. Within that group is. Moving Consumer Products in rural markets in Sirsa District is taken up.

This has changed the pattern of buying from traditional products to branded products. 'The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian economy. preference tending to indicate choices among neutral or more valued options while.

Fast Moving Consumer Goods represent those goods which are consumed regularly & daily by the consumers. Which generate the great market for FMCG products in rural areas of India. Kumar () identifies that majority of the rural consumers give more preference to quality of the product in.

Project Report On Rural Marketing Strategies Of Fmcg Products. paper is an attempt to look into the rural market of India particularly with the focus of FMCG sector (market).

FMCG, auto products' sales pick up pace in rural India, outsmart cities

The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian sector touches every aspect of human life. Rural markets are expected to grow much faster than urban markets because of increasing rural Income with higher contribution from non farm income, changes in government policy for rural development, increased distribution reach of consumer durable companies, customized products for rural consumers, product awareness through advertising etc.

Rural consumer preference for fmcg products
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