• Personal Selling As An Effective Promotional Tool In Marketing Of Industrial Goods
    [A CASE STUDY OF NNPC, ILORIN]

  • CHAPTER TWO -- [Total Page(s) 3]

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    • CHAPTER TWO
      2.0    LITERATURE REVIEW
      2.1    MARKETING DEFINITION
          Marketing has been defined in various ways by different writers. Each discussant of term tends to give out his or her own idea, but no matter the way the words are phrase they bare down to the same meaning. According to M.J Baker, classified the definition as old and recent definitions. Some of the old definition are:
          Firstly, marketing is defined as the movement of goods from producers to buyers at a profit.
          Another definition given is that, marketing moves goods from place to place, store them and effects changes in ownership by buying and selling.
          The definition given above are incomplete definition of marketing and therefore not correct because of the criticisms given below.
          The definitions are criticized because it presuppose production before marketing i.e. they fail to identify the existence of marketing before goods are been produced.
          Also the definitions do not consider the desire of buyers before goods are produce. i.e. producer only need to produce what they can best produce and that can summer will buy it.
          Another reason for rejecting the definitions is that it simply that marketing ends with exchange of goods and services for money between producer and buyer, and fail to indicate marketing’s activities after exchange has been made or consummated e.g. after sales services, trade deals, call back etc. it therefore do not recognize post purchase feeling of buyers. The more recent definition, defines marketing as follows:
      (a)    Marketing is the set of activities that facilitates exchange transactions involving economic goods and services for the ultimate purpose of satisfying human needs.
      (b)    Marketing is a science of identifying consumer needs and product innovation by promotional mix.
      (c)    Marketing can also be defined as the management process responsible for identifying customers requirements profitably.
      (d)    It also defines as the set of human activities directed at facilitating and consulting exchanges.
      The more recent definitions agree that marketing is concerned with people’s want rather than with only distribution of what the producer can produce to the consumers. The definition shows that the producer can only produce what can be marketed.
          Marketing seeks to find out what people want before products meant for the people are produced (i.e. the existence of marketing before production). Having find out people’s wants, marketing translates and converts the wants into concrete goods and services (product development), passes information about the goods to prospective consumers (promotion) and sells the goods and services to the buyer.
          Therefore, marketing does not end with the sale of the goods services, it goes on to ensure that the consumers really satisfaction from the goods and services by means of after sales service, call backs etc.
      2.1.1    THE INDUSTRIAL MARKETING
          Industrial marketing can be defined as all business activities concerned with those goods and services which are purchased, hired or leased for use by producers of other goods and services in their own productive effort.
          The business industrial markets consist of those individuals and organization who buy goods and services for use in other words, industrial goods are not sold to ultimate consumers for their personal consumption satisfaction. Instead they are bought by many kind of business organization, agriculture, forestry and fisheries, transportation, public utilities, construction industries, manufacturing, extractive industries (Those that mines ore or explore for oil) non-profit organizations (Hospitals, schools, churches, comps and recreation oriented firms) and whole host of services industries.
      2.1.2    NATURE OF AND SCOPE OF INDUSTRIAL MARKETING
      As industrial marketing being defined above, it can be easily seen that it’s nature is rather complex and it’s scope wide. The definition also shows that marketing industrial products is similar to the marketing of other type of products, such as, it is sometimes difficult to categories a product into either industrial or consumer goods for the border line between them is rather lazy.
      Understanding the difference industrial marketing and marketing of other products is their essence for the former involves acquisition of goods for further production, the product are later consumed by the final consumer (its target).
      Other means of appreciating the nature and scope of industrial marketing is through its characteristics, for instance, while the marketing of these product did not go beyond its immediate consumer’s need, now that the industrial marketing which move demanding complex and time consuming than marketing of consumer products.

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    • ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe project aim at knowing personal selling as a promotional tools in marketing of industrial goods, which provide for detail information about all activities that is going in industrial goods/ products, and also touch the parts of promotional activities like sales promotion, public relation, advertising and publicity which is useful to solve marketing problems. This project explains all process involve in oil companies in order to make successful selling activities. However, it also hig ... Continue reading---

         

      TABLE OF CONTENTS - [ Total Page(s): 1 ]TABLE OF CONTENTTitle Page  Certification   Dedication  Acknowledgement    Abstract   Table of contents  CHAPTER ONE1.0    Background of the study    1.1    Introduction  1.2    Statement of problems of study   1.3    Aims and objective of study  1.4    Significance of the study    1.5    Scope of the study   1.6    Limitation and constraints of the study  CHAPTER TWO2.0    Marketing definition and Explanation  2.1    Definition of Industrial Ma ... Continue reading---

         

      CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0    BACKGROUND OF THE STUDY1.1    INTRODUCTION    Selling is one of the oldest professions in the world. The people who do the selling go by many names. Sales people, sales representatives, account s executives, sales consultants, sales engineers, agents district managers, marketing representatives, and account development reps, to name just a few.    The term salesperson covers a wide range of positions form the clerk selling in a retail store to the engineering sales ... Continue reading---

         

      CHAPTER THREE - [ Total Page(s): 3 ]CHAPTER THREE3.0    RESEARCH METHODOLOGY3.1    RESEARCH DESIGN    The research design used in the study is the combination of personal interview includes NNPC and customer services department while the questionnaire were administered of NNPC numerous customers.3.2    POPULATION OF THE STUDY    Ordinarily, population refers to all people in a given geographical region. In research, the meaning of population goes beyond human beings alone.     Ary and Jacob’s (1976) define ... Continue reading---

         

      CHAPTER FOUR - [ Total Page(s): 13 ]CHAPTER FOUR4.1    HISTORICAL BACKGROUND OF NNPC    NIGERIAN NATIONAL PETROLEUM CORPORATION    The Nigerian National petroleum corporation (NNPC) is the state oil corporation through which the federal government of Nigerian regulates and participates in the country’s petroleum industry NNPC was established on April 1,1977 as a merger of the Nigerian National oil corporation and the federal ministry of Mines and steel. NNPC by law manages the joint ventures between the Nigerian fe ... Continue reading---

         

      CHAPTER FIVE - [ Total Page(s): 1 ]CHAPTER FIVE5.0    SUMMARY, CONCLUSION AND RECOMMENDATION5.1    SUMMARY OF FINDINGS    The study is fashioned to determined the effectiveness of personal selling as a promotional tool in marketing of industrial goods (a case study of NNPC).    It is based on solutions to the identified problems to improved the performance of the sales person in the oil company in order to capture large share of the fuel markets.    The research finding shows that oil companies are expanding intens ... Continue reading---

         

      REFRENCES - [ Total Page(s): 1 ]REFERENCEAfolayan, J.A (2000): Promotional Management and Communication 1st Edition Nigeria; Published by Adewumi Press, Ilorin.David A.A Aaker (1989): Advertising Management 3rd Edition India, Published by private Limited in Prentice Hill.Michael Baker J. (1979): Marketing; N Introductory Text, 3rd Edition Hong Kong; Published by Macmillan Press Ltd.Philip Kotler (1982): Marketing Management Analysis 6th Edition London, Published by Macmillan Press Ltd.Schewe CD (1987): Marketing Principle and ... Continue reading---