November 2024
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1 Read
Journal of the Academy of Marketing Science
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November 2024
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1 Read
Journal of the Academy of Marketing Science
April 2024
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53 Reads
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2 Citations
Journal of the Academy of Marketing Science
We present a bottom-up marketing approach as a pathway to addressing the grand challenge of poverty and inequality for the marketing discipline. We derive this approach from the research stream on radically different contexts of subsistence marketplaces. Research on subsistence marketplaces has typically explored micro-level phenomena but also traversed upward and explained aggregate phenomena at higher levels. We present a conceptual framework to encapsulate general and granular elements of the bottom-up marketing approach. Study 1 demonstrates general elements of the framework through a retrospective examination of the global diffusion of a marketplace literacy program. Study 2 demonstrates the more granular elements of the framework through a qualitative analysis of five case studies of social enterprise start-ups. Though presenting a complementary counter-perspective to conventional thinking, we embed the process of interweaving the bottom-up with the macro level to present an actionable approach. We conclude with insights for marketing research and practice.
... Inequality significantly influences individuals' ability to engage in value appropriation, creation, and distribution through market exchange-core aspects of the marketing discipline (Allianz, 2018;Bapuji et al., 2018;Prabhu et al., 2017). Moreover, the discipline's focus on value creation and exchange between buyers, sellers, and other stakeholders enables it to address and mitigate market failures, potentially reducing inequalities by enhancing market accessibility for all, including marginalized groups (Viswanathan et al., 2024). Additionally, marketing research can offer insights into how to improve already functioning markets by accounting for externalities and unintended consequences that exacerbate inequalities (Lim, 2023;Ordabayeva & Lisjak, 2022). ...
April 2024
Journal of the Academy of Marketing Science