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Female Economy

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Submitted By smartechkorea
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HBR: THE FEMALE ECONOMY (Michael J. Silverstein and Kate Sayre)

Background & Motivation -

* Women represent the largest market opportunity in the world

* Globally, they control $20 trillion annual consumer spending

* As a market is greater than China and India GDP combined

These few points made us to think about this topic and it seems to be very intersting as well in accordance with modern day marketing.

Plan of our Research-

We are focusing on the below points to research on this topic.

* Introduction

* Survey & Results

* Target Industries

* Best Practices for companies

* Related Reference

* Case Study

* Proposal

* Suggestions

Related Reference Study-

1.Revisiting Dynamic Capability (An award winning essay by Adwaita Govind Meno)

2.The Female Economy: The Millinery and Dressmaking Trades, 1860-1930-By Wendy Gamber

3.Empowering Women is a smart Economics- IMF Review Article-

http://www.imf.org/external/pubs/ft/fandd/2012/03/revenga.htm

4.The Rise of Female Economy in B2B-

https://www.atkearney.com/marketing-sales/ideas-insights/the-rise-of-the-female-economy-in-b2b

Case Study-

HYUNDAI SONATA--- How the design of Hyundai Sonata revolved in last 20 years.

Proposal-

A travel Agency which is focused on the rise of female Economy.

Anticipated Conclusion:

* Men & women make purchase decisions differently

* Women are different from each other

* Women are the gatekeepers for the household

* Brands must speak women’s language

* Give them daily solution

How to resolve the comments from the instructor

We will research more on this point as per the comment of our instructor to make

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