Page 136 - DMGT509_RURAL MARKETING
P. 136

Unit 7: Segmenting, Targeting and Positioning




                                                                                                Notes
                                Figure  7.2: Mica  Rural Marketing  Ratings


































               !

             Caution  Effective market segmentation takes effort. It is not something that comes easily
             for any business. It requires a great deal of skilled research and effective implementation
             of segmentation strategies.

          7.4.3 Linquest


          Initiative Media developed Linquest, a software package that provides marketers with data on
          rural India. The data can be sorted based on five parameters:
          1.   Demographic

          2.   Agricultural
          3.   Income
          4.   Literacy
          5.   Civic Amenities

          Depending on the product being launched, marketers will be interested in certain parameters
          such  as  literacy  levels,  male-female  ratios,  bank  deposits,  income  levels,  accessibility,
          dispensaries, schools and distance from the nearest town.

          7.4.4 Indian Market Demographic

          Demographics  refers  to  physical  characteristics  of  people  such  as  sex,  age,  ethnicity,
          income, family size, occupation, education, marital status, social class, and stage of the family
          life cycle.




                                           LOVELY PROFESSIONAL UNIVERSITY                                   131
   131   132   133   134   135   136   137   138   139   140   141