Author name: VrittiMedia

Indian Rural Market Issues, Opportunities, and Challenges

Indian rural market opens new dimensions of success for entrepreneurs. However, they have to be aware of the issues, opportunities, and challenge in the journey. Issues The Indian rural market has totally different dynamics. Market ng managers should keep the issues in mind while deriving marketing strategies: The rural market doesn’t show consistent demand throughout the year because the economy is largely dependent on agriculture. The harvesting season typically shows a surge in the market. Poor transportation is still an issue. There has been a great improvement in recent years, though. Roads become unserviceable during the monsoon season, and connectivity becomes a big issue. Material distribution and supply chain is another challenge. Too many tiers in the distribution channels increase cost and time required to deliver the stuff. Lifestyle and mindset of the rural population are different. Hence, products and services that do not use relevant advertising in rural areas remain unnoticed. Buying decisions are usually slow in the rural market. Therefore, it takes the time to popularize a product. Personal experience is more relied than advertising. Opportunities The huge marketplace is the biggest strength of the rural market. When there are more than a billion people waiting for the opportunity of using a product or service, it is critically important to derive marketing strategies and outdoor advertising ideas that attract rural consumers. Competition is less in the rural segment. Since there are not many players contesting for the largest market share, good profitability can be achieved. There is an immense scope of reaping the benefit of launching low-cost, out-of-the-box products that are relevant to the rural people. Such products get clicked instantly and become a great success. Many companies are focusing on specialized advertisement in rural areas. Challenges Marketing gurus have several challenges while deriving effective rural promotion strategies relevant to the rural marketplace. Though it is not impossible to overcome them, they need additional efforts and resources. Deriving a uniform marketing strategy is a big challenge. Since there is a big diversity in India, a homogeneous strategy doesn’t get clicked. Therefore, marketing experts have to do immense efforts to make a product success. Cost is an inhibiting factor, especially when the product doesn’t have direct relevance to them. The rural people are reluctant to pay hefty prices for purely lifestyle products. They feel it a wasteful expenditure. Hence, there has to be relevance between product price and utility value.

10 notes keep in mind when doing rural marketing

You need half an hour to cut the tree, but you need six hours to sharpen the axe, the adage is relevant in every situation. rural marketing agency is also not an exception to it. When you derive an effective strategy for the market, it is critically important to look at some salient features. Know what the audience is interested into? Preferences of rural consumers are different from urban ones. One size doesnt fit all; rural marketing agencies in india need to work from the grass root level while designing the campaign. Dont proceed without valid data points. Gather in-depth knowledge about the market sentiments, consumer psyche, product distribution and pricing. Marketers must pay attention to the way things will be communicated to the consumers. Spend some time in making an understanding of the particular market. If the product or services are being launched for the first time, then this point is further critical. You must understand that it is a different ball game. The rules are different here. Dont treat is just another market segment. The more you get into it, better will be the result. Look at the rural marketing strategy as the whole. You should work simultaneously on market development strategy, campaign, distribution, or rural marketing events in india. The overall impact will be effective. Look at the market from a long-term perspective. There is immense potential in the rural market, and the effectiveness of your strategy will decide how successful you will be in grabbing the attention of people. If you are one of the best rural marketing companies in india, then dont forget to include the client in every stage of planning and execution. The final say has to be of your client. Prepare a checklist. It is critical for the success of the strategy. Checklist makes sure that you do not forget anything in the execution process. Dont get disheartened by the initial lukewarm response. May be you need a little bit tweaking here and there. Rural consumers take some time to appreciate a product or service, but they are highly responsive once they get an idea about it. You neednt be extravagant while deriving rural marketing strategy. It is possible to come out with flying colors by adapting a conservative approach. These points help in taking your company new heights of success in the rural market. With a sound groundwork and well-planned execution; you can be the role model for others.

Vritti turns out as a winner in ACEF 2016 including most Admired Rural Marketing Agency

Great work is always recognized and appreciated in the competitive marketplace When an organisation gets recognition for good work in the presence of business partners and competitors the feeling just adds up. ACEF Program is organized by a team of professionals from India, UAE and Srilakna. Since its inception in 2012, the Program has gained immense popularity and respect. Recently the prestigous ACEF Forum & Awards were announced for “Marketing Capabilities, CSR Activities, Rural Initatives for the year 2016. Team Vritti bagged the gold for the Most Admired Agency for Rural Marketing and also bagged a rich haul of six other awards including three golds and three silvers; in the prestigious ACEF Awards 2016. Wining seven awards is a distinct achievement in ACEF Awards that takes Vritti iMedia at new heights. Four gold trophies are won in different categories which underlined the all-round expertise of the company. Vritti imedia gets Gold Trophy in the category Most Admired Agency for Rural Marketing. Another Gold trophy goes for Audio Nidhana event. It is in the category of Making the best use of Home Media Third Gold trophy is for the best Integrated Program of the Year for FATAK SE FURR FAST CARD ACTIVITY in the Pandharpur Wari in the month of July. The fourth Gold Trophy is for the Most Innovative Use of Media. All these achievements are extraordinary indeed. CEO of the company congratulated his team for the outstanding success. At the same time he didnt forget to congratulate Dainik Bhaskar, Khushi Advertising, and RC&M Experiential Marketing for winning awards in different categories. Navratna Khoya Paya campaign in the Kumbh Mela got immense praise from devotees and administrative authorities. The unique idea bagged Silver Trophy for in the category Best use of events and promotion. Another two Silver trophies were given to Vritti iMedia for JK Selfie Zone and Navratna Oil Nashik activity in the categories Best rural activation for brand awareness and Best rural activation for Sales Volume respectively. Winning awards become a habit when you perform extraordinarily CEO of Vritti iMedia, Mr Veerendra Jamade talks to our correspondent about what he calls a winning habit of Vritti iMedia. See, when you are recognized for good work, the feeling is amazing. I am glad to say that my team has proved that dedicated efforts and focused approach always pay. We always tried to think out of the box. Whether it is the amazing idea of using the religious occasions like Naskik Kumbh Mela and Ujjain Sinhastha; or it is the integrated program of Fatak se Furr in Pandharpur; our ideas are distinguishingly different. I think it is the secret of our success so far. When you are remarkably different from others, you become a crowd puller. CEO of the company hopes that the team will continue the habit of winning awards. The journey so far has been pretty exciting, and he is looking forward to many such milestones. Winning ACEF Award is a big achievement. It proved that dedicated efforts and focused approach always pay for the top performers.

Innovative and interactive solutions for accentuating your brands promotion – Audiowala bus-stand

When you run a marketing campaign, it is important that it is targeted to the right audience. It should be catchy, and most importantly, it has to be cost-effective. Yes, in the fierce competition you cant afford to be extravagant. Marketing gurus have to be on the toes to find out innovative and pocket-friendly ideas for their clients. Vritti iMedia is a reputed name in India for their out-of-the-box thinking and effective Outdoor advertising ideas. In the recent years, the company has made an impressive presence in the rural and urban marketing by making use of appropriate ways of communicating to the large audience. There unique creation Audiowala Bus Stand got accolade of marketing gurus. The idea is outstandingly effective and one of its kinds. What is Audiowala Bus Stand? Statistics says that bus stand is the second most frequently visited place in India, the first place goes to Railway stations obviously. According to reports, there is an enormous footfall of around 100 Million people if we consider the prominent 100+ bus stands of the Maharashtra state only. You can imagine the huge potential if we consider the bus stands of all other progressive states put together. Strangely, the immense potential of Bus terminal Advertising in India was underutilized till Vritti iMedia came out with their path-breaking idea, Audiowala Bus Stand! It is the trendsetter company who made a wise use of it by embedding their marketing skills and modern technology. The idea is a massive hit indeed Bus service is the lifeline of rural areas. It is an approachable and affordable mode of transport. A few states in India offer exceptionally reliable and punctual bus services, e.g. Rajasthan, Tamil Nadu, Punjab, Goa, and Karnataka. Vritti iMedia, one of the top Outdoor advertising agencies in india did adequate research before launching the concept. The company didnt look back after the first success. Today, it runs incredibly effective campaigns in several states and promoted services and products of diversified clients. The Success Story Many brands used the concept and reaped big business benefits by advertisement in rural areas. GoodKnight Fast Card, SBI, Cadbury and Parle are a few examples. Since the reach of the campaign is immense, while the costs are relatively low, it adds a good value to the profitability. No wonder, Vritti iMedia replicates it in other states also. Surely, it will become a big differentiator in the coming times. Advancement in the technology will refine it further.

3Ms of Marketing Management from the Perspective of the Rural Market

We have heard a lot about the 3Ms in the marketing management; Market, Message, and Medium. The terms are relevant in the rural marketing campaigns as well. Market Advertizing companies should look at the market, from the point of view of rural consumers while promoting products and services. The lower-middle and middle-class customers (with a handful of aspiring higher-middle class consumers) are predominantly the customers. It is important to conceptualize the campaign in such a way that it inspires and motivate the consumers and not hurt their feelings directly or indirectly. The campaign should not make them feel that the products are for the people of some other planet. If it happens, then the brand or product gets an outright rejection. Rural marketing companies in india such as Vritti iMedia understands the pulse of the market. They design campaigns that suit the market the most. Message By message, we mean the verbatim and presentation both. The message we want to convey should be totally in line with the audience (or market per se) when we decide the message for advertising in rural areas. Since the rural market is a mass market where cost is the top criteria for selection, there is no sense of using words such as exclusive, lifestyle or elegant. Words like economical, money saving, and long lasting offer a great pull. Indian rural market has increased manifold in the past two decades. Today, there are people who can spend more than urban consumers. However, they still give precedence to saving money instead of being extravagant. Marketing gurus need to keep the peculiarities while framing the message. It brings a paradigm shift in the way rural promotion is handled in India. Medium Choosing the right medium is the key to success. Studies say that an inappropriate choice loses the whole purpose of the marketing campaign. If it cant grab the maximum attention of the users, then it is not an effective medium at all. Only experienced and skill marketing managers can find out what is the best medium of promoting the product. What are the habits of the consumers and how do they behave? What are their living styles and what attracts them? Yes, a campaign is a huge success when marketing managers look at the world from the point of view of their customers. Vritti iMedia  comes out with brilliant outdoor advertising ideas to make the best use of the medium.