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Indian Institute of Management Bangalore

Marketing to Bottom of Pyramid

Indian Institute of Management Bangalore via Swayam

Overview

Overview:Marketing to the Bottom of the Pyramid" is a strategic course that not only recognizes the socio-economic importance of engaging with the underserved communities but also highlights the immense potential for businesses to thrive in this market segment. With billions of people comprising the bottom of the economic pyramid globally, this course underscores the sheer size and purchasing power of this demographic. It explores how businesses can tap into this lucrative market by understanding its unique needs, preferences, and purchasing behaviors. By providing insights into the untapped opportunities within these communities, this course equips participants with the knowledge and skills necessary to leverage this vast market and drive sustainable growth for their organizations on a global scale.1. Emphasize the significance of the "Bottom of the Pyramid" (BOP) market and its relevance in contemporary business landscapes.2. Equip students with the ability to identify and evaluate the key factors influencing segmentation, targeting, and positioning strategies within BOP markets.3. Foster critical analysis skills among students to comprehend the diverse factors influencing consumer behavior within BOP demographics.4. Develop a comprehensive understanding of tailored marketing strategies and elements specifically designed to resonate with BOP consumers.5. Enable students to assess and explore opportunities in effectively marketing services to BOP customers, emphasizing inclusivity and accessibility.

Syllabus

Week 1: Evolution of Bottom of The Pyramid Marketing

Week 2: Principals of Innovation in BOP

Week 3: Understanding the Bottom of the Pyramid Buyers

Week 4: Concepts related to BOP

Week 5: STP For BOP Market

Week 6: Product Strategies for BOP Market

Week 7: Branding for BOP Market

Week 8: Pricing Strategies for BOP

Week 9: Branding for BOP Market

Week 10: Distribution Strategies for BOP Market

Week 11: Services in BOP Market

Week 12: Case Studies and Conclusion

Exam Schedule

Taught by

Dr. Trupti Dandekar Humnekar

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