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Promotion as an Effective Marketing Strategy in Business Organization in Nigeria

Promotion as an Effective Marketing Strategy in Business Organization in Nigeria

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DEDICATION

This research material, titled “Promotion as an Effective Marketing Strategy in Business Organization in Nigeria” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Business Administration and Management (BAM) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Promotion as an Effective Marketing Strategy in Business Organization in Nigeria provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”



    Promotion as an Effective Marketing Strategy in Business Organization in Nigeria


    1.0 Introduction

    Nowadays, most business organizations have come to realize the importance and role of marketing in their organization. Just because there is need to encourage the demand of goods and services which can be done through their identifying, anticipating and satisfying the needs of consumer’s profitability. And all these can be done through all the promotional tools which are;

    1. Advertising
    2. Sales Promotion
    3. Publicity
    4. Personal selling

    Most marketing practitioners have come to realize that they are operating in a competitive environment, in which every organization is striving to succeed.

    Promotion can be seen as a process or means of communication, and it has played an important role in business organizations because an organization that does not communicate itself to the public is far from reaching its goals that is why the roles of marketing manager has been re-organized in business organization in Nigeria especially Zartech Limited.

    Although “all promotion is communication but not all communications are promotion”.
    Therefore, promotion has been seen as an effective marketing strategy in most business organization in Nigeria simply because it provides information that attracts consumers, and influence consumers behaviour.

    1.1 Statement Of Problem

    Promotion has been seen as communication that provides information to both buyers and sellers.
    Due to the competitive environment, most manufacturers have been forced to promote their goods but inspite of all techniques used, most organization spend huge amount of money on promotion but they don’t achieve their goal.


    1.2 Research Methodology

    We are going to make use of the following:

    1. Primary source
      • Questionnaire
      • Interview
      • Secondary Source
      • Text books
      • Journal/Publications

    We want to make use of all these, in order to carry out proper research on this course of study.
    The research questions and personal interview of the workers in the research and marketing service will be used to get better information from the interview.


    1.3 Aims And Objectives Of The Study

    Promotion has been so far implemented through the following tools:

    1. Sales Promotion
    2. Advertising
    3. Personal Selling
    4. Publicity
    5. Public Relation etc.

    But the essence of these tools is to increase the sales of goods in the organization.
    However, in this course of study, the impact of all these promotional tools on Zartech Limited will be seen.
    Furthermore, the response of consumers before, during and after promotion would be examined taking a tactical look at Zartech Limited.

    However, the elaborate objectives of the study are the following:

    1. It helps to know the roles promotion has played in Zartach Limited.
    2. It enhance the form of promotional mix adopted by Zartech Limited.
    3. It helps to make it obviously known that none of the promotional tools can be single-handedly used to stimulate sales.
    4. It helps to know which of the tools generated sales in Zartech limited.
    5. It helps to examine how favourable promotion has been to Zartech limited.
    6. It helps to know how promotion is effective in business organization.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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    In preparation for defending a project or seminar on Promotion as an Effective Marketing Strategy in Business Organization in Nigeria, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


    Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


    Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


    During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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