Tag Archives: informal business

Fundamental Elements of Informal Sector Commercial Activity

There are two key elements which underpin the dynamics of any business or commercial enterprise in the informal sector. These are Time and Money. A generalized framework can be diagrammed, as shown above, where the dotted line denotes the degree of uncertainty and volatility of an individual’s cash flow patterns – whether from a variety […]

Posted in African Consumer Market, Analysis, Assumption filter, Base of the Pyramid, Biashara Economics, Business Models, Economy, Ecosystem, Emerging Markets, Flexibility, Frameworks, global, Income, Informal & Flexible, Migrant worker, Prepaid Economy & Informal Sector, Projects and Reports, Research, Risk, Rural Economy, South Asia, Strategy, Sub Saharan Africa, User research | Also tagged , , , , , , , , , , , , | Leave a comment

Cash in hand

I needed to convert some euros into Ivorien francs in Abidjan last month and my colleague suggested Treichville market as the go to place. On our way there, I’d imagined it would be one of those hole in the wall currency exchange kiosks one sees in global cities from Singapore to South Africa. There would […]

Posted in African Consumer Market, Afrique francophone, Assumption filter, Consommateurs, Ecosystem, Flexibility, Informal & Flexible, Marchés africains, Perspective, Prepaid Economy & Informal Sector, urban, User research | Also tagged , , , , , | Leave a comment

The mechanization of donkey water, a symbol of economic progress

There’s a snippet of interesting insight in this news article from Hargeisa City in Somaliland. Traditional donkey carts supplying water are being replaced by motorcycles and this has been framed as a sign of increasing development and economic activity by the journalist. Its a local invention, this “Bajaj Water Tanker” as its called, a prime […]

Posted in Africa, Base of the Pyramid, Business Models, Economy, Indigenous & Traditional, Research, urban, User research | Also tagged , , | Leave a comment

Estimating price in unexplored and untapped markets

In addition to estimating the size and value of the Kenyan cyber cafe industry for our client, Village Telco of Cape Town, South Africa, we were tasked with finding out what would people pay for their product, the Mesh Potato. This challenge was the equivalent of walking up to someone and asking: How much would […]

Posted in African Consumer Market, Analysis, Business Models, Consumer Behaviour, Cyber cafe series, Ecosystem, Frameworks, Innovation Planning, Kenya, Marketing, Perspective, Prepaid Economy & Informal Sector, Process, Projects and Reports, Strategy, Sub Saharan Africa, Technology, User research | Also tagged , , , , , , | Leave a comment

The Informal Economy Symposium, Barcelona on October 12th 2012

Our aim with this symposium is to explore the global scope, innovations and potential futures of the informal economy. Opening Keynote will be John Keith Hart, who coined the term “informal economy” and the day long symposium on the 12th of October will be closed by John Thackara.  There will be three panel discussions, as […]

Posted in Africa, Airtime, Alternative currency, Assumption filter, Banking, Base of the Pyramid, Business Models, Cashless transactions, Culture, Economy, global, Indigenous & Traditional, Informal & Flexible, Mobile platform, Research, Strategy, User research, Value | Also tagged , , , , , , , , , , , , , , | Leave a comment

Rise of tricycle pushcarts in Mexico

ClubOrlov has a guest post from a small Mayan fishing village in Mexico by a writer only known as Albert, who observes this informal economic activity and its players closely: What struck me is that I cannot recall a time in the past decade that I have been observing these vendors when there were more […]

Posted in Base of the Pyramid, Business Models, Consumer Behaviour, Culture, global, Income, Indigenous & Traditional, Informal & Flexible, Research, rural, User research | Also tagged , , , , , | Leave a comment

Senegalese research on innovation processes in their informal ICT sector

I came across some excellent research by Dr Almamy Konte and Mariama Ndong of Senegal. While I’m sure the original working paper in French must be far better than this drafted English translation, their key points are nonetheless something to make us sit up and listen, particularly with regards to innovation in the informal economy. […]

Posted in Africa, Base of the Pyramid, Business Models, Culture, Economy, Income, Indigenous & Traditional, Informal & Flexible, Literature review, Mobile platform, Research, Senegal, Strategy, Sub Saharan Africa | Also tagged , , , , , , , | Leave a comment