Towards a Profitable Pricing Strategy for Rural Women Indigenous Chicken Breeders: A Case of Rural Village in Zimbabwe
Abstract
Indigenous chickens contribute towards poverty reduction, income generation and economic empowerment of rural women. In this regard, employment of a profitable pricing strategy in selling the indigenous chickens becomes fundamental. This study sought to find out the pricing strategies used by rural women indigenous chicken breeders in one purposively selected village in Zimbabwe. An interpretivist paradigm, a qualitative approach and a case study design were employed to examine the issue under review. Seventeen rural women indigenous chicken breeders were key informants. Data collected using semi structured questionnaires and face to face interviews was analysed to discern themes. Results revealed that rural women indigenous chicken breeders did not apply any pricing strategies when selling their chickens. Prices were approximated based on mainly the weight of the chickens. The study concluded that rural women indigenous chicken breeders were ignorant of pricing strategies and factors to consider when determining, prices for their chickens. Further to that, ignorance of appropriate pricing strategies exposed rural women indigenous chicken breeders to exploitation and loss of revenue. In light of this, the study recommended that workshops be conducted by personnel with an accounting background, to train rural women indigenous chicken breeders on the factors to consider in determining profitable prices for their indigenous chickens. The contribution of this study lies in the development of a framework of factors which rural women indigenous chicken breeders could use as a reference point when determining prices for their indigenous chickens.
Downloads
Copyright (c) 2020 Gwendoline Vusumuzi Nani, Casper Ronney
This work is licensed under a Creative Commons Attribution 4.0 International License.
Author (s) should affirm that the material has not been published previously. It has not been submitted and it is not under consideration by any other journal. At the same time author (s) need to execute a publication permission agreement to assume the responsibility of the submitted content and any omissions and errors therein. After submission of a revised paper in the light of suggestions of the reviewers, editorial team edits and formats manuscripts to bring uniformity and standardization in published material.
This work will be licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) and under condition of the license, users are free to read, copy, remix, transform, redistribute, download, print, search or link to the full texts of articles and even build upon their work as long as they credit the author for the original work. Moreover, as per journal policy author (s) hold and retain copyrights without any restrictions.