1.

Record Nr.

UNINA9910468237503321

Autore

Carlowitz Philipp von

Titolo

Success in the Bottom of the Pyramid Market in Africa : The Case of Multinational Pharmaceutical Companies / / by Philipp von Carlowitz

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2020

ISBN

3-030-59068-2

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (XV, 120 p. 15 illus., 13 illus. in color.)

Collana

SpringerBriefs in Business, , 2191-5490

Disciplina

338.96

Soggetti

Africa - Economic conditions

Business

Africa

Sales management

Pharmacology

International economic integration

Globalization

Health services administration

African Economics

African Business

Sales and Distribution

Emerging Markets and Globalization

Health Care Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

This book presents an empirical investigation of the efforts that multinational pharmaceutical companies take in order to find a business model that allows for a profitable access to the Bottom of the Pyramid (BoP) markets. The Bottom of the Pyramid in Africa is frequently mentioned as an attractive market due to its sheer size. Yet most companies struggle to access it because of the low price level, difficult physical market access and challenges when it comes to payment. More specifically, the book investigates the following



business model-related questions: Do pharmaceutical companies provide products that meet the needs of the BoP? What characterizes the value generation of the company? What revenue model leads to a profitable business, and what role does a network of partners play in the business model? Findings reveal that there is no ‘one-size-fits-all’ answer to these questions. Providing continuous availability, affordability at a good quality of goods and services, creating health awareness, as well as localizing business to achieve a level of inclusivenessare essential prerequisites for success. In the last chapter this book provides a business model prototype that accounts for these key success factors for business at the Bottom of the Pyramid and points to further research topics.