Abstract
Emerging markets are diverse and can require separate market entry and market development strategies. This paper will look at these opportunities through the lenses of the Value Flame at the Base of the Pyramid, and illustrate the model via a case study, to explore the potential of shifting paradigms in regard to emerging markets and to identify a leap in value for both consumers and producers. The purpose of this paper is to show that multinational corporations should stop viewing profit potential from emerging markets coming solely from the traditional strategy of sourcing lower cost / higher quality products from these areas, but also increasing revenue and global market share by designing and selling offerings in collaboration with the market.
Original language | English |
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Title of host publication | Academy of Marketing – Catching the Technology wave |
Subtitle of host publication | The University of Southampton’s School of Management |
Publisher | Academy of Marketing |
Number of pages | 9 |
ISBN (Electronic) | 9780854329472 |
Publication status | Published - 2 Jul 2012 |
Externally published | Yes |
Event | Academy of Marketing Conference 2012: Marketing: catching the technology wave - Southampton, United Kingdom Duration: 2 Jul 2012 → 5 Jul 2012 https://www.academyofmarketing.org/conference/conference-history/conference-2012/ |
Conference
Conference | Academy of Marketing Conference 2012 |
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Country/Territory | United Kingdom |
City | Southampton |
Period | 2/07/12 → 5/07/12 |
Internet address |