understanding consumer india’s demand structure
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8/8/2019 Understanding Consumer India’s demand Structure
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WE ARE LIKE THAT ONLY
Rama Bijapurkar
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UNDERSTANDING CONSUMER INDIA
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Understanding Consumer India·s
Demand Structure
Individually ´GAREEBµ , Collectively ´AMEERµ
No
Households
Disposable
income
Aggregate Value
in Demand
India 10000 10 100000
Developed
Countries 1000 100 100000
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Higher Class
Middle
Class Lower Class
House
Holds 10 100 200
Demand % 50% 7% 1%
No of
Mobile
Sets
Demanded 5 7 2
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Understanding Consumer India·s
Demand Structure
This as well as That attitude
Under dozers
Premium-popular-discount
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YOUTH OF INDIA
Theories about the Indian market say that There arethree things that will drive the growth and transform thecharacter of Indian consumer market:
The coming age of liberalization children. The changing Indian Woman.
Transformation of Rural India into mega market.
YOUTH CONSUMER:
1. The Creamy Layer.2. The Consuming Class.
3. ¶Stretch-a-bit· Consumers.
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Women of Consumer India
The woman consumer
Conservative working women
The home entrepreneur
The changing housewife
Forces of change
-Education
-Outdoor Work-Role Models
-Television
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RURAL CONSUMER INDIA
Potential Market
Changing structure of rural economy
Per capita income Demand
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Value Orientation Based Consumer
Market Structure
Rich Consumer Class ² ´ Anywhere in the world
consumers who just happen to be in India .
Consuming class ² Oriented towards value for
money . Not the market for premium products but
for high end popular products.
Climbers ² ´ Cash constrained benefit maximizes´
Aspirants ² New entrants into the consumption arena The PAISA pack of Tea ,Detergents and Shampoo
sachet aimed at this segment .
Destitute ² Hand to mouth category
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Reading & Predicting Change
In Consumer India, a large mass of people moving
with a small acceleration
¶Mixed verdicts· and ¶Continuity with change· cause
much frustration & they are the hallmark of
everything Indian
Blurring boundaries between India & Bharat
Analogy trap DNA of Indian society
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Strategies for the Indian Market:
Multi tier/ Multi pronged strategy catering to
different sections of the society
Indian not wannabe western
- Best of the east and west
Indians are poor not backward
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