Base of the pyramid consumers: Getting the right product to the right people

2013
Page count
20
pages
Description

Many innovative products and services are being developed for Base of Pyramid markets - stoves, water purifiers, off-grid power and nutritious foods, for example. However, the companies developing these products have to be innovative and creative in the face of several challenges: low purchasing power, traditional consumer preferences and logistical problems, such as inadequate infrastructure that hamper market growth.This document explores the ways in which companies are tackling these issues and innovating.

Publisher
Business Innovation Facility (BIF)
Publish date
Authors
N. Dutt
Language of publication
English
Region/Country
Region
Global
Country
Zambia
IB topics