IDEAS home Printed from https://ideas.repec.org/a/eme/jadeep/v6y2016i1p72-88.html
   My bibliography  Save this article

Automation of modified marketing procedural system to maximize transparency

Author

Listed:
  • Durga Prasad Venkata Modekurti

Abstract

Purpose - – Market transactions in large vegetable markets call for transparency with utmost urgency. The reason are that buyers are located at distant places and the volume of sales is very high. The purpose of this paper is to highlight the development of an automated system in market transactions in order to bring about transparency with concrete evidence available to small and medium farmers who are then able to repose trust in the system by acquiring the right price for the right product. The farmers can also confirm the effectiveness of the system by testing it themselves. Design/methodology/approach - – First, a theoretical framework of marketing procedures of larger vegetable markets has been constructed with tomato as a vegetable of study and the Madanapalle tomato market as a market studied through surveys. Second, methods of functioning in marketing procedures including pricing and auctioning have been modified according to the objective. An android-based application has been used to develop an automated model. Surveys have been conducted to understand the perceptions of farmers in marketing procedures and price determination at the village level, and to test the automated model in the study market. Findings - – Both quantitative as well as qualitative approaches indicate that, the proposed automated model in the modified marketing procedural system is of benefit to all stakeholders in the supply chain. Research limitations/implications - – In model testing, gaps in inputs from a greater number of buyers during auctioning remains a limitation of the study. Social implications - – For sustainable growth of tomatoes or any other vegetables it is essential that the farmers trust the marketing procedural system. This is possible if farmers obtain the right price for their products. Once the automated system is implemented, buyers acquire high-quality goods at desired prices, which further encourages more buyers from other regions to participate in the auctioning/tendering process stimulating an increased demand. Originality/value - – This paper is unique in its pricing function and scores of stakeholders. Pricing function involves the farmers’ input along with the buyers’ inputs whereas scores of these two stakeholders have been obtained through the inputs of commissioning agents.

Suggested Citation

  • Durga Prasad Venkata Modekurti, 2016. "Automation of modified marketing procedural system to maximize transparency," Journal of Agribusiness in Developing and Emerging Economies, Emerald Group Publishing Limited, vol. 6(1), pages 72-88, May.
  • Handle: RePEc:eme:jadeep:v:6:y:2016:i:1:p:72-88
    DOI: 10.1108/JADEE-08-2014-0027
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JADEE-08-2014-0027/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JADEE-08-2014-0027/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1108/JADEE-08-2014-0027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jadeep:v:6:y:2016:i:1:p:72-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.