The Mirage of Marketing to the Bottom of the Pyramid: How the Private Sector Can Help Alleviate Poverty

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.

[1]  Donald Boulter,et al.  Green Revolution , 1970 .

[2]  A. Banerjee,et al.  The Economic Lives of the Poor , 2006, The journal of economic perspectives : a journal of the American Economic Association.

[3]  C. K. Prahalad,et al.  The Fortune at the Bottom of the Pyramid , 2004 .

[4]  A. Virmani POVERTY AND HUNGER IN INDIA: WHAT IS NEEDED TO ELIMINATE THEM , 2006 .

[5]  J. Morduch Does Microfinance Really Help the Poor? New Evidence from Flagship Programs in Bangladesh , 1998 .

[6]  Kalpana Sharma,et al.  Rediscovering Dharavi: Stories From Asia's Largest Slum , 2000 .

[7]  A. Khawari Microfinance: Does it Hold its Promises? A Survey of Recent Literature , 2004 .

[8]  P. Mosley,et al.  Finance Against Poverty , 1996 .

[9]  X. Sala-i-Martin,et al.  The World Distribution of Income: Falling Poverty and … Convergence, Period , 2006 .

[10]  D. Kairys More or Less Equal , 2005 .

[11]  M. Turshen Development as Freedom , 2001 .

[12]  R. Rajan,et al.  India's Pattern of Development: What Happened, What Follows? , 2006, SSRN Electronic Journal.

[13]  C. K. Prahalad,et al.  Fortune at the bottom of the pyramid, the: eradicating poverty through profits , 2006 .

[14]  Nomaan. Majid On the evolution of employment structure in developing countries , 2005 .

[15]  Aneel G. Karnani Doing Well By Doing Good - Case Study: 'Fair & Lovely' Whitening Cream , 2007 .

[16]  D. Garvin Competing on the Eight Dimensions of Quality , 1987 .

[17]  Ray Marcelo India Fosters Growing 'Medical Tourism' Sector , 2003 .

[18]  C. K. Prahalad,et al.  Selling to the Poor , 2004 .

[19]  C. Prahalad,et al.  Serving the world's poor, profitably. , 2002, Harvard business review.