DEPARTMENT OF BUSINESS ADMINSRATION, PROJECT TOPIC: THE ROLE OF PROMOTION IN IMPROVING SALES TURNOVER
PROPOSAL
The
main aim of this write-up is just to analyze and state the role of promotion in
improving sales turnover. A ease study of OSI GARI PRODUCERS.
Osi
Gari producers, the oldest member of Gari producers started its operation as a
producers and distributors of Gari for household consumption. In this study, we
are particularly concerned about the promotion of Gari product of Osi Garl
producers as well as the role of promotion in improving sales turnover of the
product (Gari ).
The
introduction of this topic includes the background of the study, statement of problems,
research questions, objectives of the study, definition of terms, scope of the
study as well as the significance of the study not leaving the limitation of
the study and history of the case study.
The
second chapter includes literature reviews on the project topic, Meaning of
promotion, purpose of promotion, importance, elements of promotion (promotional
mix), meaning of sales turnover, promotional methods used in improving sales
turnover of Gari as well as the role of promotion in improving sales turnover.
The
third chapter includes research methodology. That is the methods of data
collection, all the summary of some data collected from and the problem encountered
during the process of collecting the data. The data may be from the primary or
secondary one. Chapter four includes the analyses of the above data and its
presentation. This is the cogent point and chapter of the project where we will
have to present the data of the characteristics and classification of the
respondents as well as presentation and analysis of data based on research
questions.
The
last chapter will include the suggestions and possible remedies to the problems
facing Osi Gari producers concerning the promotion of Gail. Not leaving the
summary. conclusions, recommendations and references.
TABLE OF CONTENTS
Title
age
Approval
page ii
Dedication
iii
Acknowledgement
iv
Abstract
Tables
of content
CHAPTER ONE
introduction
I.1 Backhrond
of Study
1.2 Statement of the Problem
1.3
Research Questions
1.4
Objectives of the Study
1.5
Definition of Terms
I
6 Scope of the Study
1.7
Significance of the Study
1.8 Limitations of the Study
1.9 History of the Case Study
CHAPTER TWO
Literature
Review
2.1.1 Meaning of Promotion
2.1.2 Purpose of Promotion
2.1
.3 Importance of Promotion
2.1.4 Elements of Promotion (Promotional Mix)
2.2.1 Promotional
Methods Used in improving Sales Turnover of Garri
2.2.2
The Role of Promotion in improving Sales Turnover
CHAPTER THREE
Research
Methodology
3.1 Research Design
3.2 Study of the Population
3.3
Sampling Designs and Techniques
3.4 Research Instruments and Techniques
3.5 Questionnaire Design
3.6
Data Processing and Collection Procedure
3.7 Limitation of Research Methodology
CHAPTER FOUR
Data
Presentation and Analysis
4.1 Introduction
4.2 Characteristic and Classification of
Respondents
4 3 Presentation
and Analysis of Data Based on Research Question
CHAPTER FIVE
Summary,
Conclusions and Recommendations
5.1 Summary
5.2 Conclusions
5.3 Recommendation
References
CHAPTER
ONE
INTRODUCTION
1.1 BACKCROIJND OF THE STUDY
Promotional
activities are a significant part of our life and culture. We believe in
promoting our cause and products because if you do not say “here I am”, nobody
would know you are there. Let people know you, what you can offer i.e. your
(Ego) potentialities, and you can only do these thorough promotion
Promotion
means any form of communication which is intended to inform, educate and
persuade with the ultimate objective of bringing about facilitating a
transaction. it can be described as the means by which we r3e known what we
have to sell or what we want to buy. It can also be described as a mode of
advancing an idea or to push forward something tangible in such a way as to
gain acceptance and approval for it. The fact is that after you have produced
the best product, packaged it brilliantly, priced is rightly, distributed it
magnificently and positioned it to best meet the need of the consumers, you
need promotion to create awareness, persuade influence and remind the actual
and potential buyers and the public at large about your products or service.
For example, many religious groups and government agencies are now engaging in
promotional activities to create awareness about their services to attract more
followers and retain those who have been attracted.
Therefore,
promotion in the broad sense consists of coordinated marketer initiated efforts
to establish channels of information and persuasion to foster the sales of
goods or services, or the acceptance of ideas or point of view
1.2 STATEMENT
OF THE PROBLEM
Whenever
a product is produced, there is a definite motive behind its production.
Manufacturers of product are particularly concerned with how their products
will be accepted by the ultimate consumers as well as how attractive the
products are, and this is where competition comes n. In order to achieve all these
goals, products need promotion.
The
greatest problems confronting the gales turnover of Gari at Osi are as follows:
i. Poor
Packaging: The mode of packaging of Gari is very local compared to some related
products Like semovita, which is well packed. As a result of this, only people
especially, the poor people, purchase it thereby leading to low volume of
sales.
ii. Poor
transportation: Another problem to be considered is that of poor transportation
in the area. Some of the roads are not motorable. As a result of this, the Osi
Gari producers are unable to Transport their products to urban areas where they
can participate in trade fairs, sales exhibitions, product displays etc in
order to increase sales.
1.3 RESEARCH QUESTIONS
A
research questions serves as a guide to the researcher in his quest for answers
to the problem being investigated.
A
typical examples of research questions in the case of this study are
i. Do
many Gari producers believe in advertising their products?
ii. Is there any perfect market for their
products?
iii.
How was the interaction between
producers and their
customers?
Iv.
Is there a good road leading to their factories?
1.4 OBJECTIVES OF THE STUDY
For
any occurrence, there must always be an objective or aim of embarking on such
thing, so also we must be aware of the aim of studying and researching on the study. Promotion is
necessary in any business dealing in life, simply because, there is the need
for businessmen to know that unless their transaction are being consumed by the
public, there is bound to be failure in all there business endeavour.
Therefore, today’s marketers and manufacturers have to know the significance of
promotion.
However,
the objectives of this study are simply to
i. Analyze
the significance of promotion;
ii. Enumerate
the promotional tools used in improving sales turnover of Gari, and
iii. To
state and discuss the effect of promotion, elements, importance, purpose etc on
improving sales turnover of Gari and for marketers to know the usefulness of
promotion.
1.5 DEFINITION OF TERMS
The
following are the terms used in the completion of the study as regard
promotion. There are terms in accordance with the level of which the project
work is going to he carried out.
1. Promotion Mix; This includes the
followings:
i. Advertising
ii. Personal Selling
iii. Publicity
iv.
Sales Promotion
v.
Public Relation
2. Sales Promotion:
Those marketing activities, other than persona’ selling, advertising and publicity
that stimulate consumer purchasing and dealer effectiveness, such as displays
and shows and exhibition. demonstrations and various non-recurrent selling
efforts not in the ordinary routine
3. Personal Selling:
Oral presentation in a conversation with one or more perspective purchasers for
the purpose of making sales.
4. Product Mix: The composite of products
offered for sales by a firm or a business unit
5.
Publicity:
Non personal stimulation of demand for a product, service or business unit by
planting commercially significant news about it in a published medium that is
not paid for by the sponsor.
6. Merchant: A bushiness
unit that buys, takes little to and resells merchandise.
7. Market: The
aggregate of forces or conditions within which buyers arid sellers make
decisions that result in the transfer of goods and services
I4
SCOPE OF THE STUDY
The
scope of the study is somewhat wide in concept, but for the purpose of this
work, we are only opportune to limit the scope to the level of understanding
areas: the element and meaning, tools of promotion, effect of promotion on a
product life or definite product as well as the role of promotion in improving
sales turnover.
Not
that alone, but also the objectives f the study (promotion objectives or aims);
as well as the problems faced during the process of promoting a definite group
of product and lastly the promotion budget as well as the importance of
promotion.
1.7 SIGNIFICANCE OF THE STUDY
Several
factors point to the significance of this study. In the first place as the
distance between producers and consumers increase, and as the number of
potential buyers grows, the problem of market communication becomes
significant.
Once
middlemen are introduced into a marketing pattern, it is not enough for a
producer to communicate only with the ultimate consumers or industrial users.
Its becomes essential that the middlemen too be informed about products.
Wholesalers in turn must promote the products to retailers, and retailers must
communicate with consumer. In other words, even the most useful and
want-satisfying product will be a marketing failure if no one knows it is available.
“A basic purpose of promotion is to disseminate information to let potential
customers know”
The
intense competition between different industries, as well as between individual
firms within an industry, has placed tremendous pressures on the promotional
programs of individual sellers. In our economy of abundance, want satisfaction
has generally replaced the necessity fulfilling only basic physiological
requirements. Consequently, customers are more selective in their buying choices,
and a good promotional program is needed to reach them.
Oddly
enough, promotion is also needed during periods of shortages - the opposite of
abundance. During period of shortages, advertising can stress product
conservation anti efficient uses of the product. The sales force can direct its
efforts towards servicing accounts and helping customers solve their shortage- induced problems. Other promotional
activities can be used to aid consumers in “making do” and incidentally help
build the company image.
Any
economic decline quickly points up the importance of selling during such a
period there are no major problem in product planning. Channels remain
essentially the same and the pricing structure is basically unchanged. The key
problem is selling promotion is needed to maintain the high material, standard
of living and the high level of unemployment that we enjoy in this country.
1.8 LIMITATION OF THE STUDY
Limitation
of the study refers to the problems or difficulties encountered or acquired
through the project work concerning promotion of the organization which
includes:
i. The
unwillingness of the workers in Osi Garri industry to assist in knowing that
facts behind the study, in order not to give out the secret of their operation
concerning promotion.
ii. Inadequacy
of direct communication with the people who are concerned or the people to he
truly contacted for details of the clues.
iii.
Lastly, the availability of lack of
cooperation within the workers so as to give the go ahead for the completion f
the information received from the industry.
1.9 HISTORY.OF THE CASE STUDY -
Gail
production in Osi, Ekiti Local Government area of Kwara state been in existence
from time immemorial but it recorded some breakthrough from October 20th 1983
when Osi Gari producers were established by a group of Gari producers (mainly Cassava farmers) in order to enjoy
economies of large scale production. Before the formation of Osi Gari Producers
Union, Gari production at Osi was only for the personal consumption of the
producers. But immediately after the
formation, Gari was given a greater recognition and began to sell in the
commodity market.
The processes involved in production of Gari can
be stated thus:
i. Planting of cassava stick
ii.
After planting, it is being nurtured
to maturity
iii. After
maturity, they have to do the uprooting or harvesting
iv. Peeling, washing and grating Follows
immediately
v.
Lastly, drying and frying comes in.
After
doing all these, Gari would now he ready for consumption and involves to the
consumers. Furthermore, the Osi Gari producers are actively involved in the
manufacturing and marketing of a family of own products.
The
industry is a division of a merchant marketers that involves in the manufacturing
and marketing of the products such as Gari, processed cassava used for Fufu,
household foodstuff such as palm oil etc.
As
a manufacturers and marketers of Gari, Osi Gari producers are play makers in
the aspect of promotion.
CHAPTER
TWO
LITERATURE REVIEW
2.1.1 MEANINUOF PROMOTION
There
are various meaning of promotion, as there exist many different thoughts about
promotion.
Promotion
refers to such Mass Communication Media as advertising special promotions
display and publicity. Promotion can also be defined as an exercise in
information, persuasion and communication. These three objectives are related,
because to inform is to persuade, and conversely, a person who is persuaded is
also being informed. And a persuasion and information become effective through
some form of communication. On the other hand, promotion can also be said to be
method of stimulating customers. Purchasing including personal selling advertising
and publicity.
Promotion
to our own view is synonymous with selling. Its intents is to inform persuade
and influence and it is an essential element in modern marketing. The major forms
of promotion will be listed as the elements of promotion (promotional mix).
1.2 PURPOSE OF PROMOTION
Having
understood what promotion is all about, the next burning questions bothers on
why a marketing manager should embark on promotion.
Many
reasons have been put forward on the need for promotion, and these include.
i. The
marketing manager aims at marketing as much as possible and generates huge volume
of sales to have high returns on investment. He therefore promotes to reach
this goal.
ii. Promotions
is also embarked upon so as to gain maximum market share:
iii. Promotion
helps keep the image of the product and its manufacturers in the minds oldie
consumer.
iv. Promotion
changes the location r the interrelationship between supply and demand in
favour of increasing the demand for the product.
V. Promotion
is also capable of affecting that elasticity of demand in such a say that causes
the product’s demand to be logicaly inelastic as the price increases and highly
elastic as the price decreases.
2.1.3
IMPORTANCE OF PROMOTION
‘According
to the modem promotion of nowadays, the importance of promotion can be grouped
into three different ways by the researchers / marketers. They are
i. Business importance
ii.
Economic importance
iii.
Social importance.
1. Business Importance:
Promotional strategy has become increasingly important to both large and small
business enterprises. The long term rise in outlays for promotion is well
documented and attest to management faith in the ability of promotional efforts
to produce additional sales. It is difficult to conceive of an enterprise that
does not attempt to promote its products or service in some manner or another.
Most modem institutions simply cannot survive in the long run without
promotion. Non-business enterprises have also recognize the importance of
promotion. Religious organizations have acknowledged the importance of
promoting their product. Even labour organizations - have used promotional
channels to make their view points known to the public at large. In fact,
promotion currently plays a larger role in the functioning of non-profit
organization that it even did in the past -
2. Economic Importance:
promotion has assumed a degree of economic importance if for no other reason
than the employment of the several million people. Effective promotion has
allowed society to derive benefits that were otherwise unavailable, The criticism
that promotion cost too much fails to take into consideration the effect of
promotion on other categories of expenditure.
Promotion
strategies that increase the number of units sold permit economies in the
production process, thereby lowering the production cost assigned to each Unit
of output. Lower consumer prices allow these products to be made available to
more people. Similarly, researchers have found that advertising subsidies the
information content of newspapers and the broadcast media. In short promotion
pays for many of the enjoyable and educational aspect of contemporary life as
well as lowering product cost.
3. Social importance:
Criticism such as most “promotional messages are tasteless and “promotion contributes
nothing to the society” sometimes ignore the fact that no commonly accepted set
of standard or priorities exist within the social framework. The US diverse
economy is characterized by consumer segments with differing needs, wants and
aspirations. What is tasteless to one group may be informative to another.
Promotional strategy is faced with “averaging” problem that escapes many of its
critics. The one generally accepted standard in a market society s freedom of
choice for the consumer. Customer buying decision eventually determine what is
acceptable practice in the market place.
Promotion
has become an important factor in such “causes” as campaign to achieve physical
fitness and elimination of drug abuse. It perform an educative and informative
task that makes it extremely important ii the functioning of any modem society.
2.1.4 ELEMENT OF PROMOTION
Element
means quality or amount to be noticed. As regard promotion, promotion element
comprises of what makes promotion to be a word to he reckoned with. Elements of
promotion includes advertising, personal selling, publicity, sales promotion,
public relation etc.
i. Advertising:
This can he defined as any paid-for form of non- personal presentation of the
facts about goods and service or ideas to a group. A breakdown of the
definition and comparison with the other areas of promotion makes it more
easily understood. Publicity is free and advertising is paid for, display
actually shows the goods whereas advertising only tells the fact about them.
By
and large companies feel that the greatness return for the promotion, naira comes
as a result of advertising. Hence advertising warrants and is afforded he lions
share of the promotion budget by most marketers.
ii. Personal Selling: This is an oral
presentation in a conversation with one or more prospective purchasers for the
purpose of making a sale. That is face-to-face selling.
iii.
Publicity:
Publicity invokes securing editorial space as divorces from paid space. In all
media read, viewed. or heard by the company’s customers or prospects, for the
specific purpose of assisting in the meeting of sales goals. Publicity is used
to create good image of the company and its product in form of favourable news
about the company. It is also used to promote products brand, places, ideas,
activities and organization in order to receive favourable responses from the
public or targeted audience.
iv.
Sales Promotion:
This Consists of marketing activities other than personal selling, advertising
and publicity that stimulate consumers purchasing and dealer effectiveness. It
is one of the marketing activities that are involved in creating “something
extra” attached to a particular product. It includes such intermittent
activities as contests, premium, displays, shows, exhibitions, demonstration and
various other non-routine selling efforts. For example, in Nigeria, 7 up s “spell and win”
Bonanza carried out some time ago was an aspect of sales promotion,
v. public Relation:
Public relation is non-personal stimulation of demand for a product, service,
or business unit by placing commercially significant news about it in a publication
or obtaining a favourable presentation of it upon radio, television or stage
that is not paid for by identified sponsor.
2.2.1 PROMOTION METHOD USED IN
IMPROVING SALES TURNOVER OF GARRI
The
method being used by Osi Gari producers nowadays has constituted the main
effectiveness and the progress of Gari sales nationwide.
Osi
Gari producers make use of advertising as a major promotional tool in the sales
of Gari. Other tools used include personal selling (face-to face selling),
radio etc. Advertising is hearing used because of the fact that it assists in
selling, by drawing attention of the consumers to the characteristics of a
product which will appeal to the buying motives of customers, in the segment of
the market to when it planned to sell the product. They seek to do this by providing
information capable of stimulating buying deserves and by supplying reasons why
they should prefer their product.
2.2.2 THE ROLE OF PROMOTION IN
IMPROVING SALES TURNOVER
In
Nigeria
today, numbers of companies or industries make way for growth and development
in making an efficient decision that may aid effective administration and
realizing the organizational goals and objectives.
Promotion
is vital to the Gari production industry (Osi Kwara state). Ant is needed to
maintain or build the standard of living and level of unemployment that we suffer
in this country. Evaluating the effectiveness is usually the task of the
marketing research of the industry or of an outside
agency,
which is responsible for analyzing of the competitive
Strengths
and weakness of existing product.
The
Nigeria
market place toady operates under conditions of imperfect competition. That
means, there is product differentiation, non – rational buyers behaviours.
Under these conditions, promotional activities ire essential for the Gari
marketers (Osi Gari producers) that is the industry needs promotion to persuade
the buyers and to bring more information into the buying decision process.
The
marketers believe that the basic purpose of promotion is to change the location
and shape of the demand curve for the company’s products. Through promotion,
Osi Gari producers make attempts to
a.
Shift Gad demand curve to the right, and
b.
Change the shape of the curve.
It
can he illustrated as thus:
DIAGRAM
However,
through the use of promotion, the organization hopes to increase the sales
volume of Gari at any given price. It also hopes that promotion will affect the
demand elasticity for the product making the demand inelastic when the price
increases and elastic when the price goes down.
As
the management put it, organization needs to continue to advertise their
products, whether you have new things to say or not.
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
The
purpose of this research is for the writers to find the role of promotion in
improving sales turnover. As we all know that the purpose of promotion is to
keep the image of the and its manufacturers in the minds of consumer, it is
therefore imperative for researchers to understand the elements of the
promotional mix in order for them to be able to decide on an on an effective combination of promotional
ingredients to achieve their promotional objectives. Also they must understand
the factors that influence the choice o: each element of promotional mix.
3.1 RFSEARCH DESIGNS
The
data for this research was collected from both primary and secondary source of
data collection. The primary source of data collection are from marketing and
sales women from the company of the case study, and from some of the accessible
customers. This was possible through interview conducted and some questionnaire
given to respondents by the researcher to facilitates the information required
for the study. That questionnaire will be discussed later in this chapter.
Secondary
source of data collection employed by the researcher involves the use of some
selected textbooks, lecture manual However, in collecting data for the study,
structure of question and oral interview were used by the researcher. They were
designed in a structured form to meet the researcher choice, of topic.
3.2 STUDY OF THE POPULATION
The
population to this research work was Osi Gari producers, sales people, drivers
etc. That is, it includes those that are involved directly and indirectly towards
the production and promotion of the product.
1.3 SAMPLING DESIGNS AND
TECUNIQUES
Due
o some limitation, we choose to have our sample selected in Osi and have the
element selected from the survey population since all sampling unit cannot he
net to extract information needed, both from the factory of the case study and
customers. Therefore, we decided to use judgment sampling techniques with which
we used to select our element which we feel could give us reasonable and
revisable information. The sample size as so malt due to Lick of financial
ability since the greater the size of population, the higher the cost of data
collection. We have ninety respondents both from the factory and the market
throughout the investigation process.
Personal
or sampling by opinion plays a vital role in selection of respondents that we
feel could offer ‘a reasonable response to our findings.
3.4 RESEARCH INSTRUMENT AND
TECHNIQUES
The
research instrument used in this study is questionnaire. It was adopted order
to minimize the problems associated with data collections and to ensure the
results from the study were reliable as expected and intended. It was to design
to sample respondent view about the question
on
the role of promotion iii improving sales turnover with reference to Osi Gari
producers, makers of Gari.
“Research
is a scientific, reliable and valid method of acquiring knowledge which is
aimed at-discovering the relationship that exist among the phenomenon that
occurs”
Some
researchers have spent time and efforts on -what research techniques that can
be used to obtain significant knowledge about the organization.
3.5 QUESTIONNAIRE DESICN
Questionnaire
is defined by Lattman and Berger as a self-administered process whereby the
respondent himself reads the question and respond his answer without the
assistance of the interview.
Questionnaire
has to be drawn and designed by thee researcher with support of the supervising
lecturer which contains relevant questions to area of the study. The respondent
is required to fill the questionnaire with appropriate answers. These questions
should not be ambiguous, bias should he capable of having precise and definite
answers.
The
questionnaires were divided into two sections:
i. SECTION 1:
The respondents are to provide information which are supposed to he personal to
them, the data in this section were analyzed to get personal information about
the respondents. They include name, age, sex, marital status etc.
ii. SECTION 2:
This was designed for the workers of Osi Gari industry, only which contains
fourteen questions (14). It was designed to collect data relating to the
industry continuous production as a result of promotion impact.
Questionnaire
provides the following:
i.
it is speedy and less costly:
ii. Data
collected are easier to tabulate and interpret and easy to analyze; -
iii. Questionnaire
reduces the chances of interviews influencing results through different
questions.
3.6 DATA PROCESSING AND
COLLECTION PROCEDURE
Two-men
method was admitted for collecting data:
i. Immediate response to interview recording
ii. Five
day privilege given to respondent to fill the structured question given to
them.
After
the fifth day the researcher went there himself to collect the completed
questionnaires to analyze the response given to the question so as to determine
the researcher stood ground.
The
interview and the question conducted were based on:
1. Experience
of salesmen and women before embarking on promotional activities.
2. What
motivates them in improving sales turnover through promotion.
3.
How are workers trained and treated in
the industry.
4.
The sources of finance etc.
3.7 LIMITATION OF THE RESEARCH
METHODOLOCY
In
carrying out a study of this nature a number of obstacles naturally are bound
to limit the extent to which one can explore.
The
extent of inadequate information due to unwillingness and un -cooperated nature
of some of the workers of the factory chosen as a case study because of what
they regard as confidential and sincerity to the factory and some of the
customer consulted fail to understand the usefulness of the information to them
by the researcher.
Secondly,
the fact that only few workers of the Osi Gari producers factory are educated
was really the greatest problem we faced and that explained the decision while
we limited our research to those few educated workers.
Time
constraint is another limited factor which spell doom on the researcher not to
carry out the study as it should be since the researcher has ü put into
consideration some academic class lecture which serve as a constraint to fully
devote enough time to a study of this magnitude.
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 INTRODUCTION
Research
investigations art no complete until their findings have been made available to
the persons who are concerned with them, and who may involve n making
decisions.
This
particular chapter contains the details of information collected through the
use of questionnaire and personal interviewing from the respondents which
include the workers of Osi Gari industry.
In
the course of the studs. sixty (60) questionnaires were distributed and (40)
were collected. The method of statistical analysis used in carrying out the
study depends on the nature of the original data collected. For the purpose of
the study simple percentage (%) method was used to present the data collected.
4.1 RESPONDENTS CHARACTERISTICS
AND
CLASSIFICATION
TABLE 4.1: SEX
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Male
|
10
|
25
|
Female
|
30
|
75
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
In
the table above, we can observe that the majority of the participants are
female. This is because Gari production is mainly for women. And the women have
the percentage’ of 75% white the male have 25%.
TABLE 4.2 AGE
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
21
– 25 years
|
15
|
12.5
|
26
– 30 years
|
10
|
25
|
31
– 39 years
|
15
|
37.5
|
40
– 50 years
|
5
|
12.5
|
60
and above
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
In
all our observation, age is very important as observed from the table: most of
the participant ranked between age 31 —39, which indicate that the young and
energetic men and women dominate the industry. This was also followed by the
participant ranged between age 26 — 30. The participant ranged between age 31
—39 have the percentage of 37.5% while those ranged between 26—30 have 25% of
the respondents.
TABLE 4.3: MARITAL STATUS
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Married
|
25
|
62.5
|
Single
|
15
|
37.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
From
the table above, it is found that 62.5% of the respondents were married while 37.5%
were single.
TABLE 4.4: EDUCATIONAL
QUALIFICATION
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Primary
school Certificate
|
10
|
25
|
Female
|
30
|
75
|
WAEC
|
5
|
12
|
Illiterates
|
25
|
6.5
|
Others
|
-
|
-
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
From
the table above, majority of the respondents are illiterate who poses little or
no knowledge of how to promote their product and have the percentage of 62.5%
while the next to them was primary school certificate holder which has 25% of
the respondents while WAEC holder was also 5% of the total respondents.
PRESENTATION AND ANALYSIS OF DATA
ACCORDING TO
RESEARCH QUESTIONS
TABLE 4.5: Is Gari promoted?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
40
|
100
|
No
|
-
|
-
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
The
table above indicates that all the respondents believe that Gari is promoted and
claim the whole hundred percent (100%) of the respondents.
TABLE 4.6: Do you believe that
without advertising the consumers may not be aware of Gari product?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Strongly
agreed
|
25
|
62.5
|
Disagreed
|
10
|
25
|
Strongly
disagreed
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
From
the overleaf analysis, 62.5% of the respondents strongly agreed hat without
promotional activities of Gari product, consumers may not be aware of the
product while 25% of them disagreed that without promotion Gari an can still
put up well. And 12.5% strongly disagreed that without promotion consumers will
be aware of the product.
TABLE 4.7: Have you witnessed
production stoppage since engaging in Gar production?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
10
|
25
|
No
|
30
|
75
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey
A
large number confirmed that they have not witnessed production stoppage and have
the percentage or 75% of the respondents while those respondents who said they
have witnessed production stoppage has the percentage of 25% of the total
respondents.
TABLE 4.8: Why was this possible?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Availability
of Cassava
|
20
|
50
|
Availability
of Labour
|
-15
|
37.5
|
Availability of
production Equipments
|
4
|
10
|
Others
|
1
|
2.5
|
TOTAL
|
40
|
100
|
Source
Fieldwork Survey 2011
Majority
of the respondents agreed to have not witnessed production stoppage as a result
of availability of cassava and have 50% of the torn! respondents. Availability
of labour is 37.55 of the respondents, equipments s .10% while others is 2.5%
of the total respondents.
TABLE 4.9: Does advertising
improve Gari sales turnover?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
35
|
87.5
|
No
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
Here,
majority of the respondents confirmed that advertising improved the sales of
their product. The majority of the respondents claim 7.5% while 12.5% of the
respondents believe that without advertising there an he improvement in sales
turnover.
TABLE 4.10: How often is
promotion of Gari being planned in your industry?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yearly
|
25
|
62.5
|
Quarterly
|
10
|
25.5
|
Others
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
It
can be observed that Qsi Gari producers planned their promotion on Gari product
yearly. This is because majority of the respondents with the percentage of
62.5% responded that promotion is planned yearly.
TABLE 1.11: Are workers trained
in your industry?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
25
|
62.5
|
No
|
15
|
37.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
In
the table above, 62.5% of the respondents said they were being rained in their
industry while 37.5% said they were not trained in their industry.
TABLE 4.12: How often are workers
trained in your industry?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Monthly
|
10
|
25
|
Quarterly
|
25
|
62.5
|
Yearly
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
From
the table above. 62.55 of the total respondents said that they .ere being
trained within The industry quarterly.
TABLE 4.13: Should promotional
activities of this product be when demand is heavy or exceed capacity?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
35
|
87.5
|
No
|
5
|
12.5
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
Majority
of the respondents with the percentage of 87.5% agreed that should be a
continuation of promotional activities of Gari product 125% disagreed with the
continuation of promotional activities.
TABLE 4.14: Do you implement the
advice given to you by your consumer?
ALTERNATIVE
|
RESPONSE
|
PERCENTAGE
|
Yes
|
30
|
75
|
No
|
10
|
25
|
TOTAL
|
40
|
100
|
Source:
Fieldwork Survey 2011
From
the table above, it is observed that Osi Gari producers make use of the
consumers’ advice.
CHAPTER
FIVE
SUMMARY,
CONCLUSIONS AND RECOMMENDATIONS
5.1 SUMMARY
Perhaps,
it has come to be part of our national life especially since the nation’s
economy became distressed that -there is something’ remarkable about the shape
and coloration of sales promotion in the country.
Industries
both in the service and manufacturing sectors have almost uncharacteristically
adopted this sales strategy (promotion) as part of their routine, effort to
keep apace with the ever-changing highly sophisticated but fast shrinking Nigeria market.
Unlike in the past when companies claim sales promotions as part of their
social responsibilities, investigations over a period of time during the completion
of this project work revealed and confirmed otherwise that sales promotion is a
real business pursued with all dexterity and vigor to which millions of naira
is sometimes committed with the ultimate aim of reaping bountiful results.
Osi
Gari producers embark on sales promotion as a result of their indebtedness to
see through the increase in sales volumes as well as to beat competition as
bait.
From
the beginning el this project, emphasis was being made on what promotion
denotes and means, its objective and importance as well as the significance of
promotion to Osi Gari industry. The literature review include the promotional
activities used in improving sales turnover.
However,
whether the huge amount expended on sales promotion pay off eventually is an
issue many would not want to discuss, especially as the industry continue to
pretend that its desire was not to make profit. Then, the role of promotion in
improving sales turnover is at stake.
5.2 CONCLUSIONS
In
conclusion, promotion is not only essential for Gãri product but for ill
business dealing in life. We also believe that promotion leads to increment of
profit and enable some people to aware of a particular product.
We
also conclude that personal selling and advertising is the most suitable
promotional tools for improving sales turnover of Gari. But the fact there is
the amount that the producers spend on sales promotion will determine how
people will develop interest to their product which resulted in improving sales
turnover.
Finally,
we assume that promotion is the key of success to any business dealing in life.
5.3 RECOMMENDATIONS
Investigation
showed that most sales promotions are two-pronged market-driven initiatives
when competitions become stiff. The company should embark on a rigorous
advertising and sales promotion campaigns toward -off the role of rival
products.
Also
sales promotion should take the center stage when sales with or without
competition continue to drop abnormally. The researcher also recommends the
acquisition of skillful sellers in determining the cost to be incurred in
promotion activities in order to avoid excessive funding.
Since
most promotions are discounted by the company and are often offered to consumers
without additional financial commitment, it must mounts to a self-confession of
non-performance. Hence the industry should go nm sales promotion with the aim
of reaching the users.
We
however argued that rather than invest heavily in promotional campaigns, the
industry could slash prices of their product to attract more patronage
Although, many industries would not readily accept such propositions.
REFERENCES
AROWOMOLE,
K. A. 4 (1997): Fundamentals of Modem Business
Management, Ilorin:
Joyous Printing Press.
DIAMOND,
J. AND GEIZALD P. (1972): Princp1es of Marketing, Practice
Hall Inc. New
Jersey: Oxford
University Press
MODERN
A. R, (1973): Element of Marketing, 3rd Edition New
jersey Oxford University Press
STANTON, W.J (1981):
Fundamentals of Marketing, 6th Edition Tokyo.
Mc-Grow Hill Inc. Cambridge University
Press
KURTZBOONE
P. (1985): Principles of Modern Marketing 4th Edition. Houston, Texas, University Of Texas Press
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