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> spending patterns in developing countries, where cigarettes are sold in singles and shampoo can come in tiny, pricey sachets. I wouldn't call the sachets pri
by e15ctr0n 11y ago
> spending patterns in developing countries, where cigarettes are sold in singles and shampoo can come in tiny, pricey sachets.
I wouldn't call the sachets pricey. They are single-use and come at an extremely affordable price (mostly just one rupee = 2 cents). Sachets allow the poor to try out products that they could not afford before, or products that they don't use daily.
Sachet sales created a whole new business paradigm.[0] They form the basis of C.K. Prahalad and Allen Hammond's article Serving the World’s Poor, Profitably (HBR September 2002) [1] and C. K. Prahalad's book The Fortune at the Bottom of the Pyramid (Wharton School Publishing, 2004).
[0] http://repository.umac.mo/bitstream/10692/1300/1/7444_0_Sy-Changco%20et%20al.%20APJML%202011.pdf http://repository.umac.mo/bitstream/10692/1300/1/7444_0_Sy-C...
[1] https://hbr.org/2002/09/serving-the-worlds-poor-profitably https://hbr.org/2002/09/serving-the-worlds-poor-profitably
[2] https://en.wikipedia.org/wiki/The_Fortune_at_the_Bottom_of_the_Pyramid https://en.wikipedia.org/wiki/The_Fortune_at_the_Bottom_of_t...