Consumer insights for developing markets
Abstract
Purpose
Multinational companies (MNCs) entering developing markets face cultural, language, and other barriers to understanding consumers. Ethnographic consumer insights research offers the best means of understanding needed product innovations and adaptations for these markets. This paper aims to focus on these issues.
Design/methodology/approach
The paper emphasizes qualitative methods and gives examples of their successful application in developing markets.
Findings
Despite a wealth of quantitative consumer data from surveys, online data, and secondary data analysis, these methods cannot provide a culture‐sensitive understanding of local consumers. Anthropological approaches are best situated to do this.
Originality/value
While MNCs have global experience they can gain local experience by coming to see through the lens of qualitative consumer insights.
Keywords
Citation
Belk, R.W. (2013), "Consumer insights for developing markets", Journal of Indian Business Research, Vol. 5 No. 1, pp. 6-9. https://doi.org/10.1108/17554191311303349
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited