Select Currency
Translate this page

ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD

Format: MS WORD  |  Chapter: 1-5  |  Pages: 64  |  834 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD FIRMS

 

ABSTRACT

The essence of this research is the is asesment of marketing strategies adopted by fast food firms in Imo State with particular references to Mr. Biggs and Rennys Owerri. The study is broadly divided into five chapters, chapter one comprises of the introductory aspect of the work, it encompasses the statement of problems, purpose of study research hypothesis significance of study, research.

 

CHAPTER ONE

INTRODUCTION 

1.1 GENERAL OVERVIEW 

Whatever commodity is produced has to be marketed. A commodity/product is anything that is taken to the market for attention, acquisition and use. Therefore the question is what is marketing and how is it applied by fast food firms in their business.  Kotler (1994:6) defines marketing as a social and managerial process by which individuals and group obtain what they need and want through creating, offering and exchanging product of value with others. Marketing is one of the organic business functions, without it, a business cannot survive. The American Marketing Association defines marketing as a performance of goods and services from producers to ultimate users. 

According to Leighton (1966:11) the marketing concept starts with the assumption that the objective of a business enterprise is to make a return to those who have invested on it, that one must sell in order to make profits and that the best means of making profitable sales over the long run is to produce a product which satisfies the needs of customers.  Kotler (1983:17) appears to have gotten at the cars of marketing concept when he says that “marketing as a business philosophy holds that the keys to achieving organization goals consist in determining the needs and wants of target market and delivering the desired satisfaction more effectively and efficiently than competitors. Also emphasizing the fact that marketing involvement are orientation from butting the company in the counter of affairs to nutting the customers earns. Boone (1973:3) say marketing orientation implies that the customer and not the company is in the middle.

The marketing concept is a managerial philosophy which assumes that the ultimate aim of a business is to satisfy the target market, in the most effective and efficient manner through proper identification of needs and wants of such target market. From the fore going, it can be seen that the marketing concept is in accordance with the company’s objective of making profit. But this concept further states that such profit must be made by producing goods and services that satisfy the consumer wants and needs, and from the integration of marketing activities.

1.2 STATEMENT OF PROBLEM

This is a marketing strategy that will eventually determine whether or not a business is successful. It is a fact that more people work outside their homes today. Despite the fact that consumers in Nigeria (just as in most African countries) are used to our local staple food such as rice, garri, yam, and many more. Producers or manufacturers of fast food are deemed lazy and irresponsible by most people owing to our values.

1.3 OBJECTIVE OF THE STUDY

The general aim of this study is to have an interview of assessment the marketing strategies adopted by fast food firms in Imo State. Thus the study has the following specific objectives. 

1. To review the marketing strategies adopted by fast food firms and their impacts.

2. To identify the factors that impeder the efficient marketing of fast food in Owerri and proper solution. 

3. To ascertain the effects of frequent price change in fast food business in Imo State. 

4. To establish the popularity of fast food against the backdrop of our traditional feeding habbits.

1.4 SIGNIFICANCE OF STUDY

This study is beneficial and important with respect to the problems under study. The research is intended to examine the strategies adopted by fast food firms in Owerri, Imo State. The fast food industry will benefit fro the study since hopefully if will unearth the causes of high or low popularity of fast food. This is important because success of fast food depends on consumer want, how the study will help in satisfying consumer better and re-oriention of the illusion about fast food consumption. Consequently it is therefore hoped that the result of this study will provide the background for future research and reference.

1.5 RESEARCH QUESTIONS 

The research questions are as follow:

1. What strategies does Mr. Biggs Owerri and Rennys Ihiagwa, Owerri use to market its product(s).
2. How does these strategies improve the marketing of their product(s).

3. What are the short-comings of these strategies in marketing fast food?

1.6 STATEMENT OF HYPOTHESIS 

The following hypothesis will be tested in the course of these study. 

1. Ho: Marketing strategies does not help in improving the marketing of fast food.

H1: Marketing strategies help in improving the marketing of fast food.

2. Ho: The Market strategies adopted by Mr. Biggs Owerri and Rennys, Ihagwa, Owerri do not increase people’s desire for fast food.

H1: The Market strategies adopted by Mr. Biggs Owerri and Rennys, Ihagwa, Owerri increase people’s desire for fast food.

1.7 SCOPE OF THE STUDY

The scope of this study is limited to the activities of Mr. Biggs plants and that of Rennys within Owerri in Imo State. It covers all the marketing strategies adopted by Mr. Biggs and Rennys and the inherent problem associated with than. However as the research deals on the assessment of marketing strategies adopted by fast food firms using Mr. Biggs and Rennis as a survey. The findings of the research can be generalized to suit their plants within the country as their function and activities are the sance.

1.8 LIMITATION OF THE STUDY

In the cause of carrying out these surveys, some limiting factors or constraints do not allow an elaborate work to be carried out on all of Mr. Biggs sales outlets in the whole of Imo State and that of Rennis but limited to the ones within Owerri. Some of the limiting factors are, time, finance, and inadequate information. a. TIME: The sourcing for books to which references was made passed a very tough problem. It was not easy getting the text books especially on marketing strategies. It therefore took the researcher a questionable time before he could get some of the text books required to complete this survey.

b. FINANCE: Finance is one of the limiting factor to this research because as a student who is depending on his parents, he was not financially strong to meet all the financial requirement that he requires in gathering information for this research work like, photocopying of materials and transportation to the plants of the two firms under survey at Owerri where he requires information on the study under research.  c. INADEQUATE INFORMATION: Most of the information that were needed to complete this research work was not made available to the researcher as vital information were not released because the firms regards them as secrete to their business.

1.9 OPERATIONAL DEFINITION OF TERMS 

1. MARKETING STRATEGIES: Marketing strategies involves all those activities put in place such as product planning, market diversification, promotion and distribution programme etc aimed at satisfying the target market more effectively and efficiently.

2. CUSTOMER SATISFACTION: This is the process of ensuring that customers are provided with what they need and want goods and services or things of value, at the right time, the right place, and in the right combination.

3. FAST FOOD: Quikly eat in food as a stop gap especially hamburgers, meet pies, cotactch-egg doughnut etc. 

4. MENU: This is a list of courses at a meal available at a restaurant, like Mr. Biggs and Rennis.

5. MARKETING: Marketing is the human effort directed toward the identification and satisfaction on consumers wants and needs through exchange process.

6. CHANNEL OF DISTRIBUTION: They are the marketing institutions that exchange titles to products as it moves from production point to consumption point. 

7. PRODUCT: Product means anything offered to the market for attention, acquisition and or used and which has a monetary value.

8. FAST FOOD FIRMS: Fast food firm, are those firms that manufacture and sell fast food to fast food customers.

9. FAST FOOD CUSTOMERS: They are the patronizes or people who buy and eat fast food.

10. MARKET: A market is defined as people with the need to satisfy with the purchasing power to back up the need as well as the willingness to spend it.

  DOWNLOAD THE FULL PROJECT

ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD

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 ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD 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

Abdul Mateen Iddrisu
UDS
At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
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
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD?

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 ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD?

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 ASSESSMENT OF MARKETING STRATEGIES ADOPTED BY FAST FOOD, 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!