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MCBoP-MB19
MBA 19-21: Term-VI

MCBOP

MBA 2019-21: Term-VI

Course Name: Marketing to Consumers at the BOP

CreditsThree
Faculty NameSandip Anand

Rajneesh Krishna

Avinash Tripathi

ProgramMBA
Academic Year and TermTerm VI- 2020-21

1. Course Description

The course aims at presenting a synthesis of various perspectives developed in order to understand the BOP market popularly known as the Bottom of the pyramid or Base of the pyramid. This covers topics which are relevant with respect to marketing to poor consumers in all kinds of markets urban, semi-urban, and rural markets. Scholars have analyzed BOP as consumer markets and/or producer markets. Cross-sector practitioners focus on BOP markets to utilize their capacity to consume, offer them choice along with dignity, and reveal their capability to innovate. This course focuses on settings which are Indian or similar to Indian setting.

2. Student Learning Outcomes

· Be able to appreciate the challenges from the marketing perspectives at the BOP market.
· Be able to critically analyze the BOP market from the long-term market development perspective.
· Be able to develop suitable marketing strategies for the BOP market.
· Be able to understand social and marketing innovations to tap the BoP market
· Be able to appreciate BOP as producer market, as well


3. Required Text Books and Reading Material

a. Bottom of the Pyramid Marketing: Making, Shaping and Developing BOP Markets edited by Ramdendra Singh
b. 86% Solution by Vijay Mahajan et al.
c. The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits by C.K. Prahalad
d. Fighting Poverty Together by Aneel Karnani
e. We are like that only by Rama Biajpurkar
f. Compiled Course Material from Secondary Sources

4. Tentative Session Plan
Session NumberTopics/Activities
Module -I(Understanding BOP)
1Introduction to the BOP
2Purposive understanding of subsistence market places

Understanding inequality and the process of upward mobility

3Poor consumers in different countries- A cross-cultural Marketing perspective

Understanding the limitations of the BOP in the communist bloc.

Comparisons of poors: Developed, Developing, and under-developed markets

4Implementing business plans through social good

Innovations and advocacy for market access
Technological development and market inclusion
Innovations in organizations- towards inclusion

Module -II(Understanding BOP)
5Culture of Poverty
6Thinking style of poor consumers
7Intersectional poverty
8Addressing customer needs and welfare
9-11Module -III(Behavioral insights into BOP)
Module -IV(Value creation at BOP)
12Overview of informal economy
13Transition from informal to formal economy: Cross sector partnership
14-15Inclusive value chain
16Grassroot innovations
17Empowerment to BOP women
Module -V(Applications)
18-20Project analysis and integration

5. Evaluation
    Component
Weightage
Class Participation
20
Quiz
10
Projects
30
End-Term Exam
40

6. Academic Integrity

Focus is on authenticity. Kindly refer to manual of policy for code of conduct.


Created By: Alora Kar on 11/23/2020 at 04:20 PM
Category: BM 19-21 T-VI Doctype: Document

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