Raising some concerns about urban user research insights being applied to design for rural markets
The Rural Market Insight Group at the Centre for Development Finance (CDF) conducted a six-week product test with a Base-of-the-Pyramid (BoP) household in Chennai, Tamil Nadu. The purpose was to explore whether urban user testing of rural-targeted BoP products yields relevant user insights in early design stages. Surprising results warrant further research of this potentially […]
Assessing social impact vs financial sustainability for BoP business models
Insights from the South African low income market (BoP) opportunity
I came across this article from South Africa titled “Why companies should care about the low-income market” which has some excellent insights about this demographic and opportunity space. Also called the ‘BoP or Bottom of the Pyramid’, it is the mass majority segment in the emerging middle class in Sub Sahara today (per recent reports.) […]
Going solar as mainstream consumer choice
This shelf of alternate power supply equipment displayed in a Nairobi department store caught my eye. It was in the consumer product section along with fridges, washing machines, TVs and a host of small appliances. It was the first time I’d seen such a wide variety – batteries, solar panels, lamps – so casually displayed […]
Cracking the informal markets in Sub Saharan Africa: the need for strategic improvisation
Ernst & Young’s Consumer Products division released a report for global consumer product companies interested in growing in Africa where they highlight the challenge of cracking the informal markets, described thus: The informal economy is a key feature of life in Africa — estimated to account for around 42% of GDP in 2000 with the […]
Should you launch in emerging markets first? Some examples of an Africa first strategy
That is the question posed by Prof. Vijay Govindarajan in Harvard Business Review. A short piece, co-authored with an undergraduate student, its basic premise is that for medical devices and other impedimenta of the health care industry such as diagnostic tests, there are benefits to launching in emerging markets first before entering the advanced first […]
Tradeoffs made in purchasing decisions influence product and marketing strategy
This snippet from the Business Daily caught my attention: With the inflation rate at 15.93 per cent in the month of July, product sales have come under pressure as consumers put aside non-essential commodities like refreshment drinks from their budget lists. “Right now, the market is very sensitive to price. Coke is competing with other […]
Visible sign of market creation for a product designed for social impact
It struck me when I saw this Moneymaker pump by Kickstart on a street corner matatu stand in Nairobi while wandering around a market with Muchiri who was shopping for shoes. I’m giving this level of detail so you can see the context in which we spotted this classic and oft quoted example of a […]
Observed market forces acting on the changing mobile landscape in East Africa
About two years ago I remember making an observation that I couldn’t seem to see any coherent patterns anymore the way I’d been able to by surfing the net for information. Flux I called it. Everything felt like it was in transition and nothing seemed to stay steady enough to grasp, much less describe. This […]
Navigating the African market opportunity
We have not been able to ignore the constant stream of media articles this year on the ‘rise of the African lions’ echoing the tigers and dragons of Asia just a few short years ago. The first reports mentioned GDP growth rates and economic potential followed rapidly by statistics on consumption, market opportunities and now, […]
