Promotional Strategy In A Service Industry ( A Case Study Of Afribank Plc Enugu)
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Promotional Strategy In A Service Industry ( A Case Study Of Afribank Plc Enugu)
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PROMOTIONAL STRATEGY IN A SERVICE INDUSTRY

( A CASE STUDY OF AFRIBANK PLC ENUGU)

 

The project topic: Promotional Strategy in a Service Industry include: table of content, abstract, introduction , literature reviews, research methodology , data presentation and analysis ,summary of findings , conclusion and recommendation, reference, bibliography, questionnaire. place order for the topic Promotional strategy in a Service Industry if you find it worthy.

 

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ABSTRACT

          Promotional strategies has proved to be the only logical basis  for the sustenance  of the financial institution such a s Afribank (NIG) PLC.

          The promotion mix  variables should be properly integrated in this ever  changing marketing environment. The purpose of carrying out this researcher work was to find out the problems of afribank (NIG) PLC, and recommend solutions to the problems.

          Based on the researcher topic, the researcher reversed related literature to the topic, red have a  better understanding of effective promotional strategies an how they could apply to the  organisation. Research conducted revealed that for promotional strategies to be effectively and efficiently implemented the company should consider its position in the Economy of the country, the production/ service life cycle, the product strategies prancing strategies, its distributional activities and promotion  tools

          Data were collected from there primary and secondary sources. A pilot survey of the population was  cindery to determine the sample size using TOPMAN formula census technique, 33 was arrived for  consumers.

          In the course of the analysis, many problems which hamper the marketing  activities of afribank PLC, were identified and the major findings were centred around  the implementation o the marketing activities .

  1. the Afribank does  we have goods and qualified promotion professionals
  2. there is need for maintaining high quality service that will be rendered to  customers.
  3. Afribank Nigerian PLC, promotional strategies are not effectively integrated.
  4. Afribank ‘ distribution activities are also not  effectively integrated.

However , certain recommendation were given for improvement. These  recommendations also centred around marketing activities,  they include:

  1. the case company should communicate  the planned marketing strategies  to all the key decision markers.
  2. they should also  evelop a good and catching promotional strategies.
  3. they sued make sure that marketing strategies  contribution and reflect the objectives of the company.
  4. they should maintain high service  quality finally, the bank should carefully study its problem as enumerated in the project follow it’s various recommendations and implement them to action  it’s co-operate goals.

 

TABLE OF CONTENTS

CHAPTER ONE

  1. Back ground of the study                        1
  2. Statement of problem                              3
  3. Objective of the study                              4
  4. Formulation  of hypothesis                      5
  5. Significance of the study                         6
  6. Scope of the study                                   7
  7. Limitation of the study                              7
  8. Definition of terms.                                   7

CHAPTER TWO

  1. literature review                                        10
  2. service an  overview                                10
  3. characteristics of service                         11
  4. can over view of marketing –

 promotion  for services                                    

  1. promotional mix variables
  2. advertising                                                                    16
  3. personal selling                                                  19
  4. sales promotion                                                 21
  5. direct marketing                                                 23
  6. public relation  and publicity                             24
  7. importance of marketing promotion                 26
  8. evolution of promotional strategies                           28

CHAPTER THREE

  1. research design and methodology                            30
  2. population of the study                                               31
  3. sample techniques                                            31
  4. research instrument used                                 31
  5. sample size  determination                               32
  6. method of data treatment and analysis           35

CHAPTER  FOUR

presentation analysis and interpretation of data37

testing of hypothesis60

CHAPTER FIVE

Summary of the  finding recommendation and conclusion.

Summary of findings                                                        65

Recommendation                                                             65

Conclusion                                                                        67

Bibliography                                                                      69

 

  OBJECTIVE OF THE STUDY

The purpose of this research work is as follows

  1. To find out if the product promotion affects customer patronage of bank service.
  2. To measure the effectiveness of advertising in creating awareness of bank services.
  3. To determine whether promotional strategy used by Afribank increases customer patronage.
  4. to evaluate the promotional strategies of Afribank in increasing profitability
  5. to measure the impact of persona selling strategy on the marketing of bank services
  6. to recommend promotional  measures to improve on the performance of Afribank.


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