THE IMPACT OF PROMOTIONAL ACTIVITIES ON THE MARKETING OF GOLDEN MORN PRODUCTS IN ENUGU METROPOLIS (A CASE STUDY OF NESTLE NIGERIA PLC ENUGU). A RESEARCH PROJECT MATERIAL ON MARKETING
ABSTRACT
This study focused on the impact of promotional activities on the marketing of Golden morn product with particular note on Nestle Nigeria Plc, the objective of the study among other things include.
To know how effective each of the promotion has been increasing the beverages market share in the market.
Based on these three hypothesis were formulated each focusing on the impact of specific promotion data. Extensive literature review on textbooks, journals and material on the area of the study was carried out while primary data were sourced from respondents, which form the sample of study. The sample include the manage staff of the super market.
Open-ended questions in a structured questionnaire were used to collect data from respondents. These data were presented on statistical tables after analysis and interpretation.
Based on analysis, the following findings were made.
- Firslty, Golden morn has become a good beverage product that nourishes the body.
- The Nestle Nigeria Plc is yet to make advertisement effective enough to create general awareness.
- It was discovered that not much sales promotion has been carried out by this company.
- It is strongly suggested that beverage industry should game plans that must be timely applied.
- The study revealed that the promotional activities of Golden morn not only lead to increase in sales of the product but also impact, positively on the profit of the Nestle Nigeria Plc.
- That the personal selling strategy used in beverage industry has much impact on customer’s disposition and patronage.
- Many consumers indicated that the quality of Golden morn is high but many equally complained that the price is high compared to the other beverage in the market.
Based on the above findings the following recommendations were made. Define its promotional objectives in order to device suitable strategies to follow. This can only be very much possible where experts are used.
Serious effort should be made by beverage industries in using promotional activities, in using advertising apart from billboards, advertising on radio and local news papers in English and local language should be used in creating customers awareness.
The high quality product of Golden morn should be maintained and not relaxed and a good product with good promotion is easier to sell than bad product with intensive promotion as consumers look for the best quality.
If all these recommendations were carried out the company will not improve on their profit position.
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
One of the major pillars of marketing is the provision of goods and services to satisfy the needs and wants of consumer at a profit to firm. This is the provision of product for the satisfaction of consumer or customer is the focus of marketing thereby making product a fundamental tool of marketing. But Ebue (1990:1) stated that if you produce the best product, packaged it brilliantly, price it rightly distribute it magnificently and position it to best meet the needs of customer you must have wasted all the marketing skills if nobody knows you have those things.
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