IMPACT OF EFFECTIVE MARKETING ON BUSINESS ACTIVITIES [A CASE STUDY OF GLOBAL SOAP AND DETERGENT INDUSTRY, ILORIN]
ABSTRACT
The days of easy trading has long since disappeared and successful companies are characterized by their ability to recognize and to apply research techniques. Particular interest has centered on marketing research which has proved valuable to many companies and organizing marketing tactics. Chapter one introduce the topic of the write up, the statement of the problem, the aim and objectives, the significant, statement of the research question, scope and limitation and definition of key terms. Chapter two entails the literature review, source of marketing research, importance of the marketing status of the research and as well as the impact of marketing with references to the case study. Chapter three entails the research design, research population, sample techniques, validation of instrument, ways of collecting data and method for data analysis chapter four entails data presentation and analysis as well as the problem hindering effective marketing with reference to the case study.
Chapter five entails, summary, conclusion, recommendation and references.
CHAPTER 1
INTRODUCTION
1.0 BACKGROUND OF THE STUDY
Doyin investment is a subsiding of Doyin group of companies. It is located at Kilometer 13 Asa Dam Road Ilorin, Kwara State. It was incorporated in 1984 as the first indigenous detergent industry in Nigeria production of detergent started in December 1985. The head office is in Lagos and the chairman/managing Director is Prince (Dr) Samuel Adedoyin presently the labour strength of the company is 100% indigenous. The company has different sections which include Marketing Department Accounting Department, Production Department, and Administration Department.
Marketing has been defined by different people in different ways. According to Phillip Kotler (1980) “marketing consist of a set of principles for choosing target marketsâ€. Measuring their needs, developing wants satisfying product and services and delivery them at a value to the customer and a profit to the company.
Marketing is generally defined as the activity directed at satisfactory customer needs wants though exchange transactions in the market. It is said to begin with generation of product or services ideas and ends only when the firm has made certain that the customer is really satisfied with the product of service provided.
Marketing is relevant not only to economic institutions such as manufacturing companies, wholesaler and retailer but to every organization that has something to offer for sale e.g. doctors, administrators, lawyers, accountant etc.
The first thing to observe about marketing is activity. The whole marketing process is concerned with the flow of goods form farms, forest or mines to mills and factories and form there to different marketing units. Warehouse, wholesalers and retailers store. This continual movement of goods and service is an economic system’s attempt to meet people’s needs and wants.
Marketing research on the other hand is the systematic designs, collection of analysis and reporting if data findings relevant to the specific marketing situation facing the community. Marketing research asks questions about competitions, economic trends technological advances and other numerous factors that make up the business environment. It is as well used to obtain information the present and future trends of the firm’s activities. This will help to formulate good policies for effective planning of marketing programme. For a company to function effectively and efficiently, the marketing department cannot be neglect sine the aim of marketing is to match all organization resources with the wants and need of all final consumers.
For some years in Kwara State, there has been on during by manufacturers of the alarming at which sales has continued to drop. Te reason for this could be caused by many factors which are interwoven. Unfortunately, marketing research has not been given enough attention. This quite up evaluates the impact of marketing on business activities in Kwara state taken Doyin investment as a ca study.
1.1 STATEMENT OF THE PROBLEM
This topic is needed in any business activity because effective marketing on business activities a case study of Doyin investment is to shed more light on the important of marketing for the profitability of an organization as well as knowing how to improve the sales of the company’s product, whether the research will lead to the total or partial reformation of the company’s product, whether it will control the activities if workers in the company, etc.
1.2 PURPOSE OF THE STUDY
There are different purposes for writing up this study. Thus, it will be explained below;
1. To identify the problem facing business organizations.
2. To identify the effectiveness of marking research on business activities.
3. To correct the lapses on marketing activities of the business activities.
4. To ensure that business organizations of firm ensure that the consumer is really satisfied with the products if serviced provided.
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