Determining the Effect of Advertising Strategy Adapted in the Sales of Consumer Goods
Determining the Effect of Advertising Strategy Adapted in the Sales of Consumer Goods
Abstract of Determining the Effect of Advertising Strategy Adapted in the Sales of Consumer Goods
Most companies do engage on promotion and as a result creating awareness between their product and the consuming publics. The ignorance of this promotional tool has hard on the sales/revenue profit of the business and its competitive ability. The purpose of this work is to find out, analyze and report the effectiveness of advertising strategy adopted in the sale of consumer goods, a case study of Unilever Nigeria plc. The research employed random sampling method of data collection by the use of questionnaire. The work also offers a useful suggestion on how to use advertising, one of the promotional tools to stimulate dealer effectiveness and encourage more purchase. A random research is meant to test the effectiveness of advertising strategy adopted in the sale of consumer goods, the sampling system was chosen to represent the population.
Chapter One of Determining the Effect of Advertising Strategy Adapted in the Sales of Consumer Goods
BACKGROUND OF THE STUDY
The case study of this work is Unilever Nigeria plc(formerly lever Brothers Nigeria plc) was known as world largest producer of consumer goods like lipton (solaru 1973,pg 25).
Unilever Nigeria plc was established under e name West Africa Soap Company limited and it started production in the year 1924 within a few foliage of laundry soap.
In 1955, the company changed its name to lever brothers Nigeria limited, sixty percent of it company’s equity share was owned by Nigeria in compliance with the federal government indigenization decree of 1977.
Unilever plc and lipton Tea Company limited owned the remaining forty percent. Unilever Nigeria plc currently have a staff of about five thousand spread over its factories situated in Apapa (Lagos), Aba,(Abia), Agbara Estate (Lagos) and Isolo (Lagos).
The company’s objective is to create job opportunities, employment and quality consumable goods for the citizenery of the country.
STATEMENT OF THE PROBLEM
The inability of some producers in our country today is to embrace on proper and intensive advertising as a result of high cost associated in advertising.
One of the major problems facing Unilever Nigeria plc advertising strategy is the inability to reach its numerous prospects or customers in rural areas in Nigeria.
PURPOSE OF THE STUDY
It is used to find out and report on the effectiveness of advertising strategy adopted in sale if consumer goods to its numerous prospective buyers (a case study of Unilever Nigeria plc)
The main purpose of this study is centered on finding and reporting whether the huge amount spent on advertising is in proportionate to its returns and also to see how it affects the consumers change in selling behavior and immediately after this work.
SIGNIFICANCE OF THE STUDY
In carrying out this research work the researcher intends to highlight the importance of advertising in today’s business.
Moreover, carrying out this research work will go a long way to increase the public knowledge of the importance of advertising so that the masses will learn to appreciate the effort of the advertisers.
However, from this work the advertisers will learn to work harder and be aware that the accountability of their product by the general public equality. It is when the advertisers achieve what is required of them that they will they will remain in market especially understanding the nature of the advertising business.
It will also make them understand the reason why their previous effort was not accepted and then adjust better for future purpose.
RESEARCH QUESTIONS
- Have you ever felt the presence of advertising activities of Unilever plc, products in your area?
- How often have you been seeing or hearing of advert of unilever plc?
- How do you access the effectiveness of advert done by the Unilever plc on its brand products?
- Does advertising lead to higher sales volume?
- Do you think that it is through advertising that the consuming public knows the existence of goods and services?
SCOPE OF THE STUDY
Many industries in Nigeria today produces different brand of consumable goods/items, but from random sampling unilever plc was selected for the purpose of this study, because it is one of the world largest producer of consumable goods.
This is because it has sales force and numerous prospective consumers scattered all over the world and also in Nigeria, which could be interviewed orally.