87 research outputs found

    The Policy and Social Consequences of Privatization in Nigerian

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    Retail Management: Offline And Online Perspectives

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    Sustainable Tourism Marketing a Tool for Economic Development Strategy in Nigeria

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    This Study examines national and international strategies for developing tourism and investigates the opinion of participants in the tourism industry in Nigeria, with a view to identifying the key strategic issues that can ensure the success of sustainable tourism marketing. The research consisted of a literature Study, field surveys and interviews with policy makers. tourism operators, academics and administrators. The results identify tourism marketing as an economic development strategy tool for Nigeria. Four strategic issues of product and enterprise development, education and training, transport and infrastructure, as well as funding and financial administration are identified as fundamental for its success

    ·Marketing strategies and Performance of agricultural marketing firms Conceptual and empirical integration study from NIGERIA

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    This thesis examines the application of Contemporary Marketing Strategies and their impact on agricultural marketing firms performance in South-West Nigeria. The study was carried out on established conceptualised Contemporary Marketing practice comprising of four different approaches - Transaction, Database, Analysis Interactive Mix and Network Marketing. The general objective of the study was to examine the application/adoption of Contemporary Marketing Strategies and the Performance of agricultural Marketing firms in Nigeria's buyer-seller relationships. Data for this research were obtained from both primary and secondary sources. Relevant published and unpublished literature provided the secondary data. The primary data were obtained through structured questionnaires (administered to sampled agricultural marketing firms managers involved in three major divisions of Industrial, Food and other Agro sectors in South-Western, Nigeria). One thousand one hundred and ten ( 1, 110) copies of the questionnaire were administered, out of which eight hundred and eighteen (818) were collated for the analysis, representing 79 per cent return rate. To achieve the objectives of this study, four hypotheses were formulated. For the data analysis, the statistical test tools used included Analysis of Variance, Multiple Regression Analysis, and independent t-test. MSExcel and SPSS 15.0 computer packages. The results showed that there is combined contribution of Transaction Marketing (arms-length, Marketing mix, functional Marketing and internal capacity) in predicting customers' acquisition. The study also revealed that there is significant difference in generating retainership capacity as well as improved market share between agricultural marketing firms with high adoption of database marketing and those with low adoption of database marketing. It was also observed that agricultural marketing firms with high and low use of face-to-face and dyadic relationship marketing have significant difference in sales value and volume. The results equally showed that agricultural marketing firms with high and low penetration of network marketing have significant difference in market share. Based on these findings, some recommendations were made that before embarking on expensive IT and data collection projects, managers should ask themselves basic questions like: how does Database Marketing fit in with existing and future marketing plans? What are the specific quantitative and qualitative benefits of Database Marketing system that will improve marketing productivity? What organizational changes will be necessary to accommodate a Database Marketing system? These questions are intended to provoke a situation review, which, if appropriate, evolves into a plan for Database Marketing systems development. If agricultural growth is to be stimulated and market created for v ' ' our industrial products, if higher productivity, improved preservation, packaging, packing and labeling techniques should be encouraged in Agro-related industries, the decision of Contemporary Marketing should focus on customer's preferences/ optimal Transaction, Interactive mix, Network and Database Marketing. This would also engender maximum benefit of electronically-interactive relationships

    The Unintended Social Consequences of Privatization in Nigeria

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    Some features of public enterprises are bureaucracy and uncared attitudes of most public servants; leading to waste, slow growth and inordinate dependence on government support for financing. The essence of privatizing these public enterprises was to give better and more efficient structure to the Nigerian economy while numerous benefits will accrue to the teaming population. However, some unintended social consequences prevailed. Which include the following: a) Unachievable objectives of the programmes due to corrupt practices. b) Low standard of living due to high cost of privatized services. c) Considerable percentage of middle classes dropped to lower classes. d) Unemployment due to mass retrenchment and early death of retiree

    Marketing Practices of Selected Entrepreneurs in Ado-Odo Ota Local Government Area, Ogun State, Nigeria.

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    This paper gives a treatise of an investigation of market f11g practices of selected entrepreneurs. The methodology took account of specific issues in researching entrepreneurs such as lack of common understanding of management terms, and the influence of ego on participant's responses. Depth interviews used critical incident technique to elicit account .from entrepreneurs of their marketing practices. Focus gro11ps supplemented individual interviews to test the .frankness of responses. The results showed I hat selected entrepreneurs in Ado-odo Ota L. G. A undertake marketing in unconventional ways. 1hey tend to focus first on innoratim1s. and only seermd on customers' needs. They target customers through a bottom-up process elimination. rather than deliberate segmentotio11, targeting and positioning strategies. They rely on interactive marketi11g methods communicated tough word-of mouth, rather than a more conventional marketing mix They monitor the market place through informal networks, rather than formalized market research

    An Exploration of the Links Between the theory and Practices of Relationship Marketing and Small Business

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    Small firm marketing practices have been assessed in the context of existing models based on large firm practices. Probably, this is the reason why small firm marketing practices have generally been aiticized as non-traditional, informal, short-term, and non-strategic. However, given that the marketing discipline is undergoing a transformation in some part of African countries with new paradigms emerging as relationship marketing, it is now appropriate to assess small firm practices in a broader and more contemporary perspective. To this end, this paper examines the links between the theory and practia:s of marketing and small business. The review of literature highlights the close association of more advanced conceptualizations of marketing, especiai!J relationship marketing, and those of small business, particularlY entrepreneurial small business. Given these theoretical similarities, the research question is posed, how does an appreciation of these links aid the researcher's understanding of entrepreneurial practices? The question is addressed ~y emplqying a participant obseroation method to create a case stuc!J of one small rural firm and ry induo'tive ana!Jsis techniques. The findings show that it is difficult to . distinguzsh the practices of relationship marketing from entrepreneurial action. This leads one to suggest that it mqy be usiful to reconsider relationship marketing as an aspect of entrepreneurship

    Strategic Marketing Processes: An Alternative Approach to Sustainable Agricultural and Rural Development Potentials in Nigeria

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    Despite the rhetorical acknowledgement of the importance of the agricultural and rural sector, most Nigeria government (past and present) are not giving that sector the needed priority in their policies and budget. Equally the recognition of the need for a nn1· development model In an increasing number of scholars has yet to produce adequate guidance for those Nigeria leaders, 1rhich are seeking to transform the rural areas. The purpose of this paper is to contribute to a strategy, which atte111pts to unlock the agricultural and rural development potentials q{ Nigeria by linking it in terms (~{ strategic marketing processes with government inputs that are specifically directed towards pro111oting popular involvement. The methodology adopted in this study was a descriptive analysis of existing literature on performance of Nigerian agriculture and rural development sectors. The findings revealed that Nigerian agricultural sector did not show the impressive growth expected. The paper recommended adoption of strategic marketing processes with this approach is properly adopted, it is anticipated that these actions would stabilize the sector, diversify the production base, improve export growth, reduce the food trade gap, all leading to a reversal in the negative trend in agricultural production and ensuring sustainable gro11·th and development

    CONTEMPORARY MARKETING STRATEGIES AND PERFORMANCE OF AGRICULTURAL MARKETING FIRMS IN SOUTH-WEST NIGERIA

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    This thesis examines the application of Contemporary Marketing Strategies and their impact on agricultural marketing firms performance in South-West Nigeria. The study was carried out on established conceptualised Contemporary Marketing practice comprising of four different approaches - Transaction, Database, Analysis Interactive Mix and Network Marketing. The general objective of the study was to examine the application/adoption of Contemporary Marketing Strategies and the Performance of agricultural Marketing firms in Nigeria’s buyer-seller relationships. Data for this research were obtained from both primary and secondary sources. Relevant published and unpublished literature provided the secondary data. The primary data were obtained through structured questionnaires (administered to sampled agricultural marketing firms managers involved in three major divisions of Industrial, Food and other Agro sectors in South-Western, Nigeria). One thousand one hundred and ten (1,110) copies of the questionnaire were administered, out of which eight hundred and eighteen (818) were collated for the analysis, representing 79 per cent return rate. To achieve the objectives of this study, four hypotheses were formulated. For the data analysis, the statistical test tools used included Analysis of Variance, Multiple Regression Analysis, and independent t-test. MS-Excel and SPSS 15.0 computer packages. The results showed that there is combined contribution of Transaction Marketing (arms-length, Marketing mix, functional Marketing and internal capacity) in predicting customers’ acquisition. The study also revealed that there is significant difference in generating retainership capacity as well as improved market share between agricultural marketing firms with high adoption of database marketing and those with low adoption of database marketing. It was also observed that agricultural marketing firms with high and low use of face-to-face and dyadic relationship marketing have significant difference in sales value and volume. The results equally showed that agricultural marketing firms with high and low penetration of network marketing have significant difference in market share. Based on these findings, some recommendations were made that before embarking on expensive IT and data collection projects, managers should ask themselves basic questions like: how does Database Marketing fit in with existing and future marketing plans? What are the specific quantitative and qualitative benefits of Database Marketing system that will improve marketing productivity? What organizational changes will be necessary to accommodate a Database Marketing system? These questions are intended to provoke a situation review, which, if appropriate, evolves into a plan for Database Marketing systems development. If agricultural growth is to be stimulated and market created for our industrial products, if higher productivity, improved preservation, packaging, packing and labeling techniques should be encouraged in Agro-related industries, the decision of Contemporary Marketing should focus on customer's preferences/ optimal Transaction, Interactive mix, Network and Database Marketing. This would also engender maximum benefit of electronically-interactive relationships
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