2012
DOI: 10.1080/10599231.2011.616143
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Business Strategies in the Emerging Markets

Abstract: This article addresses the underresearched issues of marketing challenges and business strategies/models for emerging markets. It suggests that firms need to fundamentally rethink their business models and marketing policies for emerging markets. Although strategies focusing on product affordability and availability are necessary, identification of niche market segments and making clear choices about which segments to pursue, with what value propositions will promote great success. Moreover, strategic flexibil… Show more

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Cited by 22 publications
(9 citation statements)
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“…This is because of China's size, rising economic influence, and rich history and culture. Indeed, due to its industrial and economic power, China is described as the "mother" of emerging economies (Hilt, 2006;Shah, 2012). Pistrui, Huang, Oksoy, Jing, and Welsch (2001) conclude that Chinese businesses led by women are unique and worthy of more study as they are microcosms within themselves.…”
Section: Introductionmentioning
confidence: 99%
“…This is because of China's size, rising economic influence, and rich history and culture. Indeed, due to its industrial and economic power, China is described as the "mother" of emerging economies (Hilt, 2006;Shah, 2012). Pistrui, Huang, Oksoy, Jing, and Welsch (2001) conclude that Chinese businesses led by women are unique and worthy of more study as they are microcosms within themselves.…”
Section: Introductionmentioning
confidence: 99%
“…Affordability relates to the purchasing power of consumers, which refers to their financial ability to purchase and pay for a product or service (Dodd, 2015; Shah, 2012). In relation to affordability, when marketing financial services, financial services operators need to develop financial services that are tailored to meet the needs of these consumers, which takes into consideration their economic status, inconsistent or low income, inadequate education and lack of exposure.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In low-income developing countries the rate of marketing and distribution of Fast Moving Consumer Goods (FMCG) continues to grow [31]. Throughout Asia, the resultant plastic waste is exacerbated by single-use 'sachet' size product distribution directed towards low socio-economic communities and low-income families who buy most of their food in small daily portions [32][33][34][35]. Sachets are single-use packets made of plastic and aluminium that form a large portion of the FMCGs market [36,37].…”
Section: Introductionmentioning
confidence: 99%