Key Features:
- No of Pages: 71
- No of Chapters: 04
Introduction:
Abstract
This project work is meant to examine marketing research as a tool for increased profitability.
A case study of Nigerian Bottling Company Enugu.
The main objectives of this study include:
- Determination of the extent marketing research can improve product quality.
- To find out how marketing research can increase profitability.
- To ascertain the extent to which marketing research effect customer satisfaction.
The researcher used structured questionnaire and personal interviews to elicit responses from members of the WBC.T-test, percentage and mean cluster mean and standard deviation were used in analyzing and interpreting data collected.
The interpretations and results of hypothesis, testing formed the core findings of this project.
1. NBC improved the quality of its product through marketing research.
2. Marketing research increased their profitability.
3. NBC does not have a separate research department apart from the central one.
4. The engage in field research more than other types of research.
Table of Content
CHAPTER ONE
INTRODUCTION
1.1 Background of study
1.2 Statement of the problem
1.3 Purpose of study
1.4 Scope and delimitation of study
1.5 Research question
1.6 Hypothesis
1.7 Significance of the study
1.8 Limitation of the Study
CHAPTER TWO
LITERATURE REVIEW
2.1 Benefit of marketing research
2.2 Contributions of marketing research
2.3 Problems facing marketing research
2.4 Effect of marketing research
2.5 Impact of a marketing research on the company
2.6 Marketing research as a tool for increased profitability
2.7 Summary of related literature review
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research design
3.2 Area of study
3.3 Sample and sampling procedure
3.4 Instrument for data collection
3.6 Validation of instrument
3.7 Reliability of the instrument
3.8 Method of data collections
3.9 Method of data analysis
CHAPTER FOUR
Discussion, recommendation and conclusion
4.1 Summary of findings
4.2 Conclusions
4.3 Recommendations
4.4 Suggestion for further research
Appendix Questionnaire
Appendix
Introduction
1.1 BACKGROUND OF THE STUDY
The mineral water industry is slightly transforming into a buyers bither hitherto to a sellers market, which it had been for a very long time. This draft may be attributed to the several new entrants into the industry. This situation had made the several industries to strive to survive and hence what?
The need for effective marketing tools for survival or for attainment is the watchword of every business organization, therefore organizations always work very hard towards the attainment of their objective of set of objectives. In trying to do this, the organization has to imply some of the laid down scientific or modern techniques. Business today should be formulated and demand that planned and defined systems and tools be formulated and adopted to meet organisation’s requirements, and one of such tools in marketing research.
Marketing research according to Philip Kottler in Journal of marketing is the systematic design, collection, analysis and reporting of data and findings relevant to a specific marketing situation facing the company. Also American Marketing Association (2004:4) defined marketing researcher as the formation that links the consumer, customer and public to the marketer through information used to identify and define marketing opportunities research as the “use of scientific method, to collect information relevant to the marketing of goods and services marketing research concerns itself with co-coordinating responsibilities comparing actual sales volume with forecasted sales volume and acting upon result to achieve maximum profit. The universal application of marketing organization and other fields of human endeavour cannot be over emphasized and the Nigerian Bottling Company is not an exception in this direction.
As already stated that in the Nigerian context, the sellers market rather than the buyers market had been obtainable, this is a situation where whatever sellers of products of goods and services offered to the market must be sold. This situation emanated from the fact that the country is experiencing production crises which has led to crises of short supply and always satisfy their consumers adequately.
This situation has been worsened by the non existence of consumerist activities in Nigeria which has made it impossible for the Nigerian consumers to influence governments’ legislation to protect their rights, the very few attempts which government had made to protect the consumers had been recklessly flouted by the business sector. Consumerism is beneficial firstly to consumers and manufacturers alike because such association will provide a “go ahead” to manufactures which have what the consumers need and approves, and this can only be achieved through marketing research.
The Nigerian Bottling Company first came to Nigeria in 1953 and established it’s first bottling plant in Lagos. This was to be the beginning of growth and development in 1956, two other plants were established in Kano, and Jos respectively. The opening of the Ibadan plant followed in 1961, the next was that of 1970.
The Enugu plant at 9th mile corner Ngwo was established in 1975. in all, there are about 21 bottling plants in several parts of the country. In some states where bottling plants are non existents, large depots are always maintained to serve the growing demand for the products by consumers in those areas.
The Nigerian Bottling company plc are sole markers of several brands of soft drinks in Nigeria. Their products include cocoa-cola, fanta orange, fanta tonic water, fanta ginger Ale, fanta chapman, fanta lemon, five alive, fanta soda, Eva water sprite and krest bitter lemon.
The Nigerian Bottling brought with it the development of number of allied establishments all contributing to the growth of the Nation. Some of the establishments are the Delta Glass company at Ugheli, Delta State that supplies the Nigerian bottling company with the millions of bottles they used, the crown products factory at Ijebu-Ode, Ogun State and Kano state respectively, which manufacture the metal cork used in sealing the bottles, the Benin plastic company, which make the creates for carrying the products.
The Nigeria Bottling Company as the leader in soft drink production in Nigeria employs more than 60,000 Nigerians in all fields of it’s operation. The company has immensely helped in the development of sport and sporting activities mainly through sponsorship and promotions.
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