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Urban Informal Economy In Bangladesh: A Case Study On Mobile Vegetable Vendor In Dhaka City, Md Sanaul Haque Mondal
Urban Informal Economy In Bangladesh: A Case Study On Mobile Vegetable Vendor In Dhaka City, Md Sanaul Haque Mondal
The Qualitative Report
The informal economic sector is very important for the economy of any developing country. As a developing country, informal economy plays a significant role to Bangladesh’s labor market. But this sector is still undernourished. This research was conducted to understand the contribution of the urban informal sector at a micro scale. This paper aimed at revealing the contribution of vegetable selling to improve socioeconomic status of vegetable vendors and the obstacles they face to run their business. Research data was collected through in-depth interviews with vegetable vendors who engaged in vegetable selling by rickshaw vans in Dhaka city. Results from …
Street Vending And Competitive Advantage: Towards Building A Theoretical Framework, Aborampah Amoah-Mensah
Street Vending And Competitive Advantage: Towards Building A Theoretical Framework, Aborampah Amoah-Mensah
The Qualitative Report
The study examines the strategies adopted by street vendors or hawkers in Ghana in a bid to gain competitive advantage. Drawing on six focus group meetings held with street vendors in two sub-metropolitan assemblies (Bantama and Tafo) in Kumasi, Ghana, the study finds that street vendors adopt ten strategies – networking, multiple undifferentiated market strategy, the sale of convenient products, “dying and resurrecting” (strategic exit and return into business), regular changing of goods and services, exploitation of flexible operating hours, cost-based pricing strategy, sales promotion, trade credit and locational advantage – to gain competitive advantage. Using these strategies, a theoretical …