Friday, December 19, 2008

Urban Rural Dichotomy

Rural Markets differ from urban markets in the following clearly recognisable ways :

1) Sectors of economy

  1. Urban: Manufacturing and Service
  2. Rural: Agriculture


2) Size of Market

  1. Urban: Large, engaged in a variety of communities – schools, colleges, colonies, social, clubs, and internet. Thus one can see that the urban consumer is bombarded with messages and are relatively more open-minded. There is also a high population density.
  2. Rural: Open farms, relatively smaller and fewer communities with a low population density.


3) Homogeneity of Population

  1. Urban: Heterogeneous
  2. Rural: Homogenous


4) SEC differentiation

  1. Urban: Full range
  2. Rural: Lower number of SEC groups


5) Connectivity

  1. Urban: Connection to National as well as International destinations. The telecom revolution has ensured that people can travel without moving.
  2. Rural: Smaller periphery, mostly upto nearest town. Telecom revolution has touched rural areas also.

6) Income Flow

  1. Urban:Monthly income
  2. Rural: Seasonal income


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