So many different suns: How successful brands hit the conflux of affordability and aspiration

Shobha Prasad
Drshti Strategic Research Services, India
Sangeeta Gupta
Pepsico, India

INTRODUCTION

All of us are familiar with the current industry focus on emerging markets. It is also no surprise that the larger consuming population in these markets lies not at the top end, but towards the middle and lower ends of the income pyramid. This is also where marketers struggle the most – how should the offer be constructed to ensure it is affordable yet desirable?

The proposed Theory of Multiple Aspiration & Poverty Lines (MAPL) represented a new and stratified approach to understanding affluence, poverty and aspiration. This has many implications on brand positioning and portfolio strategies for creation of winning brands or "suns".

Objective