Food and Agriculture
Agri input firm found key entry factors in 2 states via 78 farmer interviews across 10 districts
08 Apr 2020
Context
- Company Description: An Agri input player
- Opportunity: The client wanted to launch the Agri input tech platform across 2 states – Gujarat and Maharashtra
- To facilitate the entry, the client wanted to understand farmer internet usage behavior with a focus on online research for farming practices & online purchase pattern
- The client was also interested in understanding purchase influencers, the role of offline channels in inputs, the impact of credit & debt availability on purchase and competitor intelligence
Our Approach
- In-detail one-to-one conversations with N=78 farmers across 10 districts in the states of Gujarat & Maharashtra
- Interviewed them about their internet usage patterns, frequented portals, and online purchase history
- Carried out NPS research for the competitors
- Studied customer journey across competitor platforms and offline channels to pin-point differentiation and unique value addition for the customer
- Studied input cost break-up for multiple crops including fruits and vegetables, pulses, flowers, etc. and availability of credit through various sources for these inputs across crop cycle
- Evaluated farmer inclination towards various formal & informal debt channels
Praxis Value Delivered
- Successfully identified crucial success factors for the player’s market entry in 2 Indian states
- Also, successfully identified major influencers and purchase sources for farm inputs in 10 districts spread across Gujarat and Maharashtra along with farmer exposure to credit & debt
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