Indian Marketing Environment

2741 Words Apr 7th, 2013 11 Pages
Indian Marketing Environment
Indian Marketing Environment
For Global marketers India is not just a single country, it is further divided into tow different countries. India and Bharat. India is looked and appreciated by the whole world. It is growing at the second fastest rate, Its a outsourcing hub, skilled workforce, Nuclear and space power and everything to become a world power. On the other hand, Bharat invovles poverty, Illetracy at high levels, Corruption, Mismanagement, Violnce between releigions and like that. So in this way whosoever desires to enter in the indian market must realize both the faces of this country. They should realize the serious challenges of doing business here like segmenting the market properly, Understanding
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They know what they want from their lives and the product or servies they buy. They hate to be persuaded and influenced. therefore companies would do well to leave them alone to make thier choices. They create their own website, make movie with their own webcam, post their thoughts, pictures and writing online. Since they are sure about what they want, they prefer customized products and services. Companies are realizing that they have to provide something unique and deeply personal to in thier loyalty.
People between 35 to 45: People in this age group are settled in their professions and have toddlers and growing children in thier home. The exert themselves in their profession because they realize that their career is likely to take off at this stage. They put in long hours at office and they have to juggle endlessly between their responsibilities as spouses and parents and growing responsibilities at work. Parents may be staying with them or they may be living in different city. Income of the people rises at a good rate and they are good spenders. Some of them may be buying their nfirst car while most of them thinking of upgrading their cars. They are also open to new gadgets for themselves and for households. People in this age group want to live a good life and are constantly on a buying spree to improve their lifestyles. They dress well, dine out frequently, and look for opportunities to go on holidays. These days they are also keen to