The Mirage of Marketing to the Bottom of the Pyramid: How the Private Sector Can Help Alleviate Poverty
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Abstract
The popular bottom of the pyramid (BOP) proposition argues that large companies can make a fortune by selling to poor people and simultaneously help eradicate poverty. While a few market opportunities do exist, the market at the BOP is generally too small monetarily to be very profitable for most multinationals. At the same time, the private sector can play a key role in poverty alleviation by viewing the poor as producers, and emphasize buying from them, rather than selling to them.
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828
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Authors
1Topics & keywords
Topics
Keywords
- Bottom of the pyramid
- Poverty
- Pyramid (geometry)
- Business
- Marketing
- Private sector
- Key (lock)
- Poor people
UN Sustainable Development Goals
- No poverty
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