Rural management is the study of planning, organising, directing, and controlling of cooperatives, agribusiness and allied fields. It merges the knowledge of management studies and applying it in the rural context. Most of the courses are designed in such a way that the concepts taught in the class is applied in the real life through training in the rural areas through case-studies and interaction with the rural people.
National Commission on Agriculture Decisions to produce saleable farm commodities involving all the aspects of the market system or structure, both functional and institutional, based on technical & economic considerations and includes the pre & post harvest operations. NGOs Marketing products produced in rural areas to urban areas Marketing products produced in rural areas in rural markets Corporate Rural Marketing Definition
Function that manages all activities involved in assessing, stimulating and converting the purchasing power of rural consumers into effective demand for specific products and services to create satisfaction & a better standard of living for achieving organisational goals.
Phase One( Pre 1960s) Marketing rural products in rural and urban areas Agricultural inputs in rural areas Agricultural marketing Farming methods were primitive and mechanisation was low Markets unorganised
Green
Revolution
Companies
like Mahindra and Mahindra, Sri Ram Fertilisers and IFFCO emerge
Rural
Demand
Companies
Non food, cash crops Grain Crops Food On land activities Farm Activities Livestock & fisheries Manufacturing & services
IMPORTANCE
Faster communication and logistics
New technologies
Variety of choices and product knowledges at all
levels Improved standard of living Arrival of global products Increasing cross border alliances Urban markets are getting saturated
CONSUMERS
RETAILERS
CENTRAL MARKETS
DISTRICT CONCENTRATION & PROCESSING MARKETS LOCAL ASSEMBLING & PROCESSING MARKETS
FARMERS
Segmentation is the process of dividing or categorizing the market into different groups based on one or more variable.
Bases for segmenting consumer market: Geographic Demographic Psychographic Behaviouralc
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