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Economically poor buyer: a systematic review of consumer behaviour research confronting to FMCGs

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  • Arvind Kumar

Abstract

By constituting more than half of the world's population in numbers and by having an annual consumption power of about US$5 trillion, economically poor buyers are a promising demographic segment, especially for fast moving consumer goods (FMCGs). FMCGs fall within the buying capacities of the poor who, in attempts to satiate their basic needs, expend a substantial income, peculiarly more than half of their earnings, on FMCGs. Ironically, their consumer behaviour in this context is still at a very nascent stage. This study provides insights of their purchase pattern for FMCGs by systematically reviewing the pre-existing pertinent consumer behaviour literature. Instead of reinventing the wheel, it also renders directions to future research through identification of potential literature gaps in the existing literature.

Suggested Citation

  • Arvind Kumar, 2022. "Economically poor buyer: a systematic review of consumer behaviour research confronting to FMCGs," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 27(4), pages 480-507.
  • Handle: RePEc:ids:ijbire:v:27:y:2022:i:4:p:480-507
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