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Behavioural Characteristics and the Marketing Implications of the Low Income Consumers

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Author(s): Nkanikpo Ibok Ibok | Victoria Sunday Umana

Journal: International Journal of Business Administration
ISSN 1923-4007

Volume: 4;
Issue: 5;
Date: 2013;
Original page

ABSTRACT
Existing knowledge about the characteristics and marketing implications of the low income consumers have not been well articulated by managers and academics alike. Yet research has demonstrated the strategic benefits of this market in contributing to market share and return on investment. This paper begins by discussing the importance of this market by reporting the insights obtained in an exploratory research by reviewing the limited number of studies in this area, highlighting its nature and characteristics, drawing some specific implications and offering propositions to stimulate further research about the low income market.
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