Tag Archives: upward mobility

Floating Upwards: The Bottom of the Pyramid Segment is No More

By | July 9, 2015

Pew Research Center’s latest results on global income distribution show some rather large shifts among the lowest income segments. The Bottom of the Pyramid or Base of the Pyramid (BoP) segment, defined as those who live on less than $2.50/day has just lost a significant percentage of the population. While one can quibble that $2.50… Read More »

Social change and upward mobility: what numbers can’t tell you

By | May 20, 2015

Rajesh Aithal noticed this first, in a rural Indian haat or market. Macaroni displayed and sold like any other staple commodity. Pasta was not part of the staple Indian diet, at least not the rural one. It wasn’t mainstream even 10 years ago. Is it a sign of the adoption of urban consumption patterns as… Read More »

Upward Mobility is Changing Base of the Pyramid Consumer Aspirations

By | May 5, 2015

I’d observed earlier that upward mobility wasn’t simply about increasing incomes, but also a change in mindset, world view and values. Aspirational consumer behaviour trickles downward faster, as strivers seek to emulate the status signals sent by those they perceive as “arrived”. The emerging middle class numbers may indeed be uncertain, as statisticians debate over… Read More »

Beer as a symbol of aspirational consumption and upward mobility

By | March 23, 2015

I came across SABMiller’s recent presentation on their consumer market strategy and some of their infographics caught my attention. This one, for instance, not only shows the relative proportion of formal to informal alcoholic beverages prevalent in the market but also informs us that it costs 4 hours to buy a beer in Africa, compared… Read More »