• The Impact Of Marketing Research On New Product Development
    [NIGERIA BOTTLING COMPANY]

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    • The AIDA model is just one of a class of model known as hierarchy of effects model or hierarchical models, all of which imply that consumers move through a series of steps or stages when they make purchase decisions. These models are linear, sequential models built on an assumption that consumers move through a series of cognitive (thinking) and affective (feeling) stages culminating in a behvioural stage (doing e.g. purchase or trail).
      The steps proposed by the AIDA model are as follows;
      Attention: The consumer becomes aware of a category, product or brand (usually through advertising).
      Interest: The consumer becomes interested by learning about brand benefits & how the brand fits with life style.
      Desire: The consumer develops a favourable disposition towards the brand.
      Action: The consumer forms a purchase intention, shop around engages in trail or makes a purchase.
          The common thread among all hierarchical models is that advertising operates as a stimulus(s) and the purchase decision is a response ®. In other words, the AIDA model is an applied stimulus-response model. A number of hierarchical models can be found in the literature including Lavidge’s hierarchy of efforts, DAGMAR and variants of AIDA hierarchical model is have dominated advertising theory and of these models, the AIDA model is one of the most widely applied.
          As consumers move through the hierarchy of effects they pass through both cognitive processing stage and an effective processing stage before any action occurs. Thus the hierarchy of effects models all include cognition ©, affect (a) behvaiour (B) as the core steps in the underlying behavioral sequence some texts refer to the sequence as learning – feeling – doing or (cognitive- affective, behavioural models.
          Cognition (Awareness/learning) – affect (feeling/interst/desire) – behvaiour (Action e.g. Purchase/trial/consumption/usage/sharing information).

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    • ABSRACT - [ Total Page(s): 1 ]Abstract coming here soon ... Continue reading---

         

      CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0    INTRODUCTION 1.1    BACKGROUND TO THE STUDY Marketing research is a systematic design, collection, analysis and reporting of data finding relevant to a specific marketing situation facing the company. It is also the activity of presenting, advertising and selling a company product in the best possible way. Marketing research is also a systematic approach to the development and provision of information for marketing decision making. The collection and provision of informat ... Continue reading---

         

      CHAPTER THREE - [ Total Page(s): 1 ]CHAPTER THREE 3.0    RESEARCH METHODOLOGY 3.1    RESEARCH POPULATION AND SAMPLE     Research population simply means the total number of people or things of organization in a specified geographical areas since it is very difficult to conduct a research using the whole population. The population of this study is made up of the entire staff, customers and middlemen dealing with Nigeria Bottling Company Plc size it is impossible to investigate the entire population a sample was drawn.    ... Continue reading---

         

      CHAPTER FOUR - [ Total Page(s): 5 ]As shown above there are more male than female Nigeria Bottling Company because male account for 60% while female account for 40%.In the above table 26% of the respondents are single and 75% are married. The researcher observed that nearly all the respondents are married. The marital status of workers maternity leave on for higher pay in order to meet their home needs. ... Continue reading---

         

      CHAPTER FIVE - [ Total Page(s): 1 ]CHAPTER FIVESUMMARY, CONCLUSION AND RECOMMENDATIONS5.1    SUMMARY OF FINDINGS    This research work focused on impact of marketing research on new product development in which Nigeria Bottling Company Plc was chosen as a case study.    This company engage in diverse business activities and collecting information on its marketing research functions.    Marketing research contributes to the decision making process in all aspects marketing activities since it aid specifies the method of ... Continue reading---

         

      REFRENCES - [ Total Page(s): 1 ]REFERENCES Adred, B.D (2002). Marketing Research Analysis and Measurement. C.U.S.A Abarns Publishing.Betrand, J.W (1996). Marketing Research Analysis, London, John Willy and Sons. Fatigun, J.O (2008). Research Methodology, Ilorin, Adewunmi Printing Press. Lockley, L.C (2000). History and Development of Marketing. U.S.A Mc Graw Hill Book.Patrick, M.D (2000). What are new product? Journal of Business Planning U.S.A Prentice Hall Inc. Predical, W. (2001). Marketing Analysis. U.S.A Mc Graw Hill Book ... Continue reading---