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Course Title : Bottom of Pyramid Marketing PSDA CREDIT UNITS
Course Code : MKTG 735
Credit Units : Three 3 0 0 0 0 3
Level : PG
Course Objectives:
The course helps to identify the principal challenges and opportunities in serving key marketing factors that lead to business’ success or failure.
The course will integrate concepts of consumers across the different industry and poverty alleviation to stimulate the leadership skills. The
course would also integrate competitive imagination with innovation to help the student understand the BOP landscape and creation of
successful BOP ventures. The course design explores the commercial viability of such markets and its impact on the social development of the
populations involved, together with profitability of the enterprise. In the process of learning, the course will seek to understand the viable models
used by commercial and social enterprises to address the needs of those at the base of the socioeconomic pyramid and the key factors of success
in these markets.
Prerequisites:
The student opting for this course should have successfully completed the course in Marketing Management and should understand the concepts
of Business Environment. Students having an exposure to rural market conditions and challenges would be at an advantage.
Module Weightage
Module I Introduction and scope of Mass Marketing 10%
Introduction of mass marketing
Concept dimension and scope of Mass marketing
Exploring the mass marketing approaches
Compatibility of social and business objectives Conflicting or compatible interests of private and
public sector
Contextual framework of Mass marketing
Role of consultants in Mass marketing
Sustainable marketing and consumers behaviors
Module II Challenges and opportunities in Mass Marketing 20%
Relationship marketing and its challenges
Relationship Marketing Importance
Transactional marketing
Ethical and social aspects of marketing
Portal five forces model and challenges for marketing concepts
Personal selling and sales promotion
Module III Societal Concepts and Cooperative Marketing 20%
Current International tools to combat poverty
Philosophies of Marketing
Societal concepts of marketing
Microfinance and Micro franchising
Role of cooperatives in Rural marketing
Holistic marketing and its impact on modern corporate world.
Marketing essentials
Branding essentials
Personal branding
Module IV Environmental Analysis for marketing 20%
Corporate and Marketing Plans
Marketing proposals
The Structure of Strategic Marketing Plan
People, Power and Politics in organization
Benchmarking in marketing
Manage the marketing managers
Rural consumptions vs. urban consumptions
Entrepreneurial marketing and its role in 21st century
Module V Environmental Analysis for marketing 15%
Global marketing environment
Analyzing the marketing environment
Social media and its impact on marketing environment
Communicating customer values
The marketing organization’s macro and micro environment.
Information management and marketing research
Business market behaviors
Micro franchising and Base of the Pyramid Micro franchise Business Models in different parts of
the world
Module VI Technology advancement, Current trends and practices in Marketing practices 15%
Extended applications mass marketing
Role of technology to enhance the sales people qualities
Co-creation: Product and technology innovations
Artificial intelligence and its impact on marketing
New technological application in marketing
Blogs, Business Apps and social media marketing
B2B purchasing on Internet
Role of Innovation in bottom of pyramid
Student Learning Outcomes: After completion of the course students will be able to recognize and discuss the geographic, demographic,
economic, cultural and behavioral characteristics of bottom-of-pyramid (BoP) segment of world population. Identify and analyze the prospects
and challenges associated with serving bottom-of-pyramid (BoP) markets and develop leadership skills together with creative mindset to explore
such opportunities. Employ critical tools and frameworks that enhance success throughout the venture development process. In addition, the
student will be able to apply core principles of mutual value creation in bottom-of-pyramid (BOP) market. Construct and set up bottom-of-
pyramid (BOP) business ventures with inclusive partnership of the poor.
Pedagogy for Course Delivery:
• Lectures
• Case Presentation
• Business Proposals
• Simulation
In addition to assigning the case studies, the course instructor will spend considerable time helping students understand the concept of challenges
faced by the international marketers
Assessment/ Examination Scheme:
Theory Assessment (L&T):
Theory L/T (%) Lab/Practical/Studio (%) End Term Examination
30% NA 70%
Continuous Assessment/Internal Assessment
End Term Examination
Components (Drop Mid-Term Exam Project Viva Attendance
down)
Linkage of PSDA with
Internal Assessment
Component
Weightage (%) 10% 10% 5% 5% 70%
Text Reading:
Boyd, H.W.; Orville, C.W.; Larreche, Jean-Claude. (1998) Marketing Management: A Strategic Approach with a Global orientation. Irwin:
New York
Buzzel, R.D.; Quelch, R.A.; Barlett, C.A. (1995). Global Marketing Management. Cases and Readings. 3rd ed. Addison-Wesley: Reading,
Massachusetts
References:
Nabi M.K., Pandey Amit Kumar, Bansal Sanjeev (2018). Marketing Management. Ocean Publication New Delhi.
Additional Reading:
Czinkota, M., Ronkainen, I. (1994). International Marketing Strategy: Environmental Assessment and Entry Strategies. The Dreyden Press:
NewYork.
Czinkota, M., Ronkainen, I. (1993). International Marketing. 3RD ed. The Dryden Press: New York.
Dahringer, L., Muhlbacher, H. (1991). International Marketing: A Global Perspective. Addison-Wesley: Reading, Massachusetts
Any Other Study Material:
Harvard Business Review
Knowledge @ Wharton
