Select Currency
Translate this page

THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 67  |  872 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

INTRODUCTION
Promotion is a key element in marketing. Successful promotion is the third essential ingredient or element in marketing strategy. Prospective buyers must learn about both the products distinctive want satisfying characteristics and its availability. Establishing and maintaining communications links with target market segments are main tasks assigned to promotion. Promotion is a component of the 4ps that make up the marketing mix by far the most effective. Pride and Ferrell (2008) defined promotion as a communication that builds and maintains favourable relationship by information and persuading one or more audiences to view an organization positively and to accept its products. According to them, promotion informs potential customers about the product. What it is, what it does; how it can be use and where it can be purchased. Kotler and Keller (2008) peruse promotion as the means by which firms attempt to inform persuade and remind consumers –directly or indirectly about the products and brands they sell. Promotion represent the voice of the organization and its brands and are means by which its can establish a dialogue and builds relationship with customers. Stanton (1981) defined promotion as the design and management of marketing b sub system for the purpose of informing and persuading present and potential customers. Ekakitie (2010) sees promotion as the systematic design and communication of product(s) ideas, knowledge and attribute to identified market segment with a view to eliciting customer response through the use of appropriate communication medium and technology. Me Neal (1966) defined promotion as any communication activity whose purpose is to move forward a product, service or idea in a channel of distribution. He added that promotion is used by marketers to inform consumers of the availability and attributes products and at certain times. Achuba and Osuagwu (1994) perceived promotion as the art of transmitting information for marketing purposes. It is the process of establishing communication relationships between a marketer and its publics. Dean (1946) defined promotion as the flow of persuasive communication between the firm and various selected audience. Kotler (1997) asserted that modern marketing calls for more than developing a good product/service and pricing it attractively and marketing it accessible to target customers. Companies must also communicate with their customers. Aluko (1998) described promotion as those activities that are designed to bring a company’s goods and services to favourable attention of customers. He also asserted that promotion is characterized by product information function, company's sales effort to current and prospective customers among others. Odugbesan and Osuagwu (1996) perceived promotion as those decision and methods of communicating all aspects of the organizations product and services to reach the target consumer or audience. With the various definitions of promotion given above, the literature review will further be enriched with a brief history of the Nigerian telecommunication industry in recent times. This will thereafter be followed by various methods of promotion and it various application in the telecommunication industry.
NIGERIAN TELECOMMUNICATION INDUSTRY A BRIEF HISTORICAL OUTLINE
A little History and industry statistics: The Nigerian Telecommunication industry has experienced exponential growth in the last ten years, going from active subscriber line of 400,000 and tele density of 0.04% to active subscriber line of over 90million and tele density of 64% as of July 2011. The country telecom market has been described as one of the fastest growing telecommunication market in the world. The driving factor is the government robust policy which fully liberalized the sector about a decade ago when the story of progress and development in the sector really started to unfold. Nigeria is located in West Africa on the Gulf of Guinea, and has a total land area of 923,768 square kilometers (356,669 square miles), making her the 32nd largest country in the world. Nigeria is made up of 36 states and the Federal capital territory (Abuja) with a population of over 150million people making her the most populous nation in Africa. Thus we are a happy country that likes talking. Telecommunication services are critical to the development of all aspects of a nation’s economy, ranging from banking and education to agriculture and healthcare, etc. Nigerian communication commission is the body responsible for the regulation of the activities of telecommunication industry. It was established by law in 1992, but commenced full market liberalization and sector reform in 2000. The national telecommunication policy which came into force in the year 2000, apart from giving an overall direction for telecommunication development, also ensured that policy would remain consistent with other national policies. There is no environment without market challenges and telecommunication industry is not exempted. Operators in the Nigeria telecommunication industry will complain of inadequate power supply, Multiple Taxation, vandalization of facilities and some other issues. While I want to say that the Nigerian government is taking very definite steps to address these challenges, such challenges are hardly strong enough to threaten the existence of industry operations, their operations or threaten their annual returns. It is also interesting to know that some of these challenges are being turned into attractive business opportunities by the present administration. For instance, government policy on power generation is attracted quite a number of foreign investors into the country. Solving the problem of energy will boost the activities of the telecom operators reduce their headache and increase their returns.
METHODS OF PROMOTION
There are 6(six) main methods of promotion available from which management in telecommunication industry can select a suitable mix for marketing activities. They include
1. Advertising
2. Sales promotion
3. Personal selling
4. Public Relation/publicity
5. Direct marketing
6. Internet and online marketing These six elements are called promotional mix in marketing which forms the basis for this study. It is the basic combination of promotional methods used by an organization for a particular product or service. It is common for a firm to use a combination of two or more of this mix or tools to achieve desired goals of the business and its product or service promotion, which is making profit and increasing market share. A number of factors are considered in determining the promotional mix, a firm may employ.

  DOWNLOAD THE FULL PROJECT

THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Merry From BSU
I am now a graduate because of iprojectmaster.com, God Bless you guys for me.
Excellent
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for THE EFFECTIVENESS OF PROMOTIONAL MIX ELEMENTS IN THE TELECOMMUNICATION SECTOR OF NIGERIA, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!