Title:
The 86 percent solution : how to succeed in the biggest market opportunity of the next 50 years
Author:
Mahajan, Vijay, 1948-
ISBN:
9780131489073
9780132485067
Personal Author:
Publication Information:
Upper Saddle River, N.J. : Wharton School Publishing, ©2006.
Physical Description:
xxvii, 224 pages : illustrations ; 24 cm
General Note:
Includes index.
Contents:
Do you want to be in this market? Can you afford not to be? -- 1: The lands of opportunity -- The 86 percent opportunity -- Opportunities at many levels -- Characteristics of emerging markets and the opportunities they create -- Finding solutions -- The 86 percent solution -- 2: Don't build a car when you need a bullock cart -- Designing for six-yard saris -- Back to basics -- Riding the bullock cart -- The 86 percent solution -- 3: Aim for the ricochet economy -- The ricochet economy -- Taking aim -- More bounce -- The 86 percent solution -- 4: Connect brands to the market -- Market-stall economies -- Brand consciousness -- Strategies for harnessing local brands -- Brands on the run -- The 86 percent solution -- 5: Think young -- A fountain of youth -- Strategies for the youth market -- Youth leads to growth -- The 86 percent solution -- 6: Grow big by thinking small -- Inverted pricing -- Small homes -- Strategies for thinking small -- Small wonders -- The 86 percent solution -- 7: Bring your own infrastructure -- A tale of two markets -- Regulatory and financial infrastructure -- Finding opportunities in infrastructure -- Overlapping infrastructures -- The 86 percent solution -- 8: Look for the leapfrog -- Leapfrog strategies -- Beyond appropriate technology -- The 86 percent solution -- 9: Take the market to the people -- Complex distribution -- Strategies for taking the market to the people -- Seeing opportunities that are off the grid -- The 86 percent solution -- 10: Develop with the market -- Strategies for developing with the market -- Four paths -- Evolving opportunities -- The 86 percent solution -- An opportunity not to be missed.
Abstract:
"Most global businesses focus on selling to the wealthiest fourteen percent of the world's population: the developed world. But these markets are oversaturated, overcompetitive, and aging. The 86 Percent Solution shows how to unleash new growth and profitability by serving everyone else." "Drawing on dozens of examples from emerging markets worldwide, the authors offer actionable strategies and tactics for product design, pricing, packaging, distribution, advertising, and much more. You'll discover the radically different "rules of engagement" that make emerging markets tick, and how some companies are already driving billions of dollars in sales there." "Along the way, you'll learn how to handle lack of infrastructure and media, low literacy levels, and "unconventional" consumer behavior. With the right solutions, these challenges present opportunities."--Jacket.
Electronic Access:
Table of contents http://catdir.loc.gov/catdir/toc/fy0601/2005925782.html