Global companies often aim high when it comes to emerging market opportunities, says Jaideep Prabhu, Professor of Marketing and Jawaharlal Nehru Professor of Indian Business & Enterprise at Cambridge Judge. He says companies should focus more on “good enough” rather than high-end products, which can be very profitable. He says multinationals risk missing “a huge middle-market opportunity” that could reach billions of potential customers through “affordable value innovation”.
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