Our Blog

List of recently published project topics and materials

SALES PROMOTION ACTIVITIES AS MEANS OF INCREASING PROFIT IN AN ORGANIZATION (A CASE STUDY OF NIGERIAN BREWERIES PLC ABA, ABIA STATE)

SALES PROMOTION ACTIVITIES AS MEANS OF INCREASING PROFIT IN AN ORGANIZATION (A CASE STUDY OF NIGERIAN BREWERIES PLC ABA, ABIA STATE)

ABSTRACT

The purpose of this work is the final out the effect sales promotion in many organizations the benefit ranges from its support in profit generalization increasing sales and net profit. The technical research design population sampling procedure and procedure for data collection and data analysis was used tables and percentages were used tables to analyze structured and scrutinized questionnaire.

Research questions were studied and research the details are in the main work of this project. 

    CHAPTER ONE

  • INTRODUCTION

Recently, most companies have come to realize the importance of sales promotion, unlike before when organization, would only subject themselves to production to production without making any effort to sell them off. During the time of production, most companies kept on producing products with the hope of selling.

To them, they through that as long as the products are available, customers or customers will definitely buy them. But recent findings have shown that amongst the other promotional tools we have in marketing, it is only sales promotion that quick sales are made, it means that the company is getting returns which will also lea to profitability in the organization.

However, the two mostly, widely used promotional tools have advertising and personal selling. Sale promotion is designed to complement and improve on the efforts of advertising and personal selling; sales promotion is applied in both producer and consumer market. Since one organization may not be sale producer or sale seller a product , also since consumers or costumers taste an preference charges, promotional techniques like sales promotion should be adopted when the market is full of competition, the expression survival of the”  fittest applies and in other to survive the bottle neck, competition in the industry, most organization adopt different measure eg sales promotional strategies to attract and retain customers.

1.1 BACKGROUND OF THE STUDY

The word brewing is the process of producing beer from barely some 4000 years ago. Ancient beer head flat taste and lacked most of the constituents which impact among taste and foam. Beer is not drink for it sweetness because it is not sweet and this remain the fact.

The history of brewing industry in Nigeria dated back to the lies is an impact technology. The indigenous drink in Nigeria industries palm wine poto-kaikai, Kwange  Burukutu etc

Though still new in some quarter beer is gradually replacing these traditional drinks in celebrations such as marriage  birth ceremony funeral which  were not often celebrate  in the past the only way these  indigenous drinks were  promoted in the  past was the tasting  method. Consumers then were allowed  to taste  various palm wine to the market by different producers and sellers, it serves as a means which determines consumer’s patronage decision  this is because  palm wine  and  burukutu were generic  not until recently that they were being branded.

Bottle beer was first marketed in Nigerian by Nigeria breweries  limited (NB) Nigeria breweries limited in 1949 this market the beginning  of a buoyant industry that the present  markets about six (6) brands of acholO and non –alcohol  brewages.

Today, social norms as they related to the sue of alcohols in ceremonies has changed and beer is now used instead in some cases they are exclusive used while in others for examples social chills a particular brand may be favoured by the established norms the beer brewed by more than 27 breweries in some rural areas in Nigeria are highly valued than its drinks and often used as a form for mediation.

Nonetheless, not every consumer, prefer beer to palm-wine into other alcoholic beverage neither do consumers accept all brands. In view of this breweries producers different brands if beer in the country in spite of the fact that consumers do not accept all brands.

The  expression, the survival of the fittest, described the situation in order to survive  this bottle  neck competitions  industry the breweries  adopts different measures and uses promotional  strategies to attract and retain customers.

In positive response  to needs of attracting and retaining  customers, Nigeria  breweries  Plc Aba makers  of star beer guider  maltina etc  has  embarked  on many sales promotional  activities  and strategies that are scarcely  funded and founded  in other  breweries  in Nigeria  today.

This has a lot of impact on customers patronage of the profit of the competitive because   they are in line with selling’s and the community sees its benefit and it is bound to patronizing particular company.

  • THE STATEMENT OF PROBLEM

The  current  economic  recession  paralyzed  almost   all business  activities  in Nigeria and breweries  as an industry is in no exception  the emergences of energy gave  rise to breweries   and the  resulting proliferation of many other types  of beer given rise to competitive  this competitive involves therefore  efforts to used different  sales promotion activities in  attracting and retaining customers  it is based in the background  that the researcher  want to consider those sales promotional activities that the company can  use in order to achieve increases  in profit  of the organization the study therefore aims  at diagnosing different  situations that can attract  sales  promotion  activities  that the company  can use to salvage  the situation  in addition  to offering the product which sales promotion  should cover during the promotional period.

The study also diagnosis problems that can lender sales promotional activities   such as the problems of customers inability to comprehend the sales promotional activities of the company and the subordination of marketing department there naming its scope of operations.

  • THE OBJECTIVE OF THE STUDY

The  study aimed at determining how sales promotional activities contributes to the profitability  of Nigeria Breweries  Plc Aba This could  be achieved by taking the following result objective  into consideration.

  1. To determine what kind of sales activity is to be used.
  2. To determine whether sales promotional activities actually contributes to profitability of organization.
  3. To determine which people to cover during the promotion period.
  4. To determine whether sales promotional budget is commensurable to the actual benefit derivable.

1.4  RESEARCH  QUESTION

  1. What are the promotional means used in their sales promotion.
  2. Does your company use promotion in marketing its product?
  3. Does your company have a promotion department?
  4. What is your organization area of activity?
  5. In which type of market does your firm sell its product?

 

1.5  SIGNIFICANCE OF THE STUDY

Broadly speaking the project intends to high light at other trends of the sales promotional activities as a meaning of increasing profit in an organization the project is meant to serve many purpose it has to deal with students who make research work and to persons who are promoting sales promotional activities as a means of increasing profit in Nigeria breweries plc Aba Abia state.

Findings add conclusion drawn from his research (at NB plc Aba can be real to analyzing the entire state. Also  apart from class work project the study will  acqdcident the student with the necessary  field work  asset of  sales promotional programmes and as a result  creates opportunity  of attempting  a blend together of theoretical and practical instruction that has been give in the classroom and not an employment where a mistake could  cost him his job or position. Addition to such exposure of particularly the judgment of marketing research the student is also afforded the opportunity of going into and learning at first had about the Nigeria market.

SALES PROMOTION ACTIVITIES AS MEANS OF INCREASING PROFIT IN AN ORGANIZATION (A CASE STUDY OF NIGERIAN BREWERIES PLC ABA, ABIA STATE)

SCOPE OF THE STUDY

This research  study is limited to Aba  is consideration a good  area  because   it is a town where a large number  of growing organization  exist with stiff competition which  Nigeria  Breweries  plc is one of them. Also because of its nearness to the school. Federal polytechnic Nekede Owerri.

It is necessary to state that the choice of Nigeria breweries plc is not just for academic exercise but in addition is one of the breweries in the state that markets high audit product at the time of this research. Also, it has a qualified promotional activities that issued  by the company  in promoting it product, based  on these facts the research  was convinced that the  inform  action  gathered  from this  company will be good enough to ascribe  on the  influence  of sales promotional  activities  and its importance as at the organization profit level.

 

  • THE LIMITATION OF THE STUDY

     This research paper which aims of  investigating the importance  of sales promotions tools as a way of increasing profit  to business organization Nigeria  breweries plc Aba really affected by a lot of constraints.

The  major problems encountered  was the inability to give adequate  co-operation  from  the staff of the company more especially from the personnel  management  this made things difficult for me to get the data required in order to make my  findings this really  wasted my  time during the research  period.

Furthermore, the bureaucratic nature of work existing in the company acted also as constraints during the study they requested / that I should get personnel department. I was also asked to get a conversing note from my hand of department first going to the sales department this in fact actually prevented me from getting at the information needed.

Also finance acted as a hindrance during the period of this study to cost of transportation for the number of days this research work was carried because a problem to me.

Time factor also contributed to my great test problems there was time given to carry out the  research  most of  time  were wasted in going to the organization  then in order to facilities  and get  the required  information.

Unwillingness of the organization needed for the study also affected the research study.

  • DEFINITION OF TERMS

Sales promotion is defined as the use of victory of tactical marketing tools of short term incentive nature to stimulate demand (Kotler 1980:540)

Profit this is sum total of revenue generated minus taxes.

Industry: This is geographically sated place for the production of goods and services.

Product: This is a physical produce product by industry for the satisfaction if needs wants.

Organization: This is the management of a firm or business acting as a one body for the production if goods and services.

Transportation: This is movement if convey of people or goods from one place to another could be done through road, Air, Pipeline or sea (Dewett k.k 1980)

SALES PROMOTION ACTIVITIES AS MEANS OF INCREASING PROFIT IN AN ORGANIZATION (A CASE STUDY OF NIGERIAN BREWERIES PLC ABA, ABIA STATE)

TO GET THE FULL PROJECT TOPIC AND MATERIAL DELIVERED TO YOUR INBOX OR DOWNLOAD INSTANTLY, PAY N5000 Via: BANK
BANKACCOUNT NAME
ACCOUNT NUMBER
DIAMOND BANK
FREEMANBIZ COMMUNICATION
007 031 2905
FIDELITY BANK
FREEMANBIZ COMMUNICATION
560 028 4107
GTBFREEMANBIZ COMMUNICATION013 772 5121
ZENITH BANK
FREEMANBIZ COMMUNICATION
101 326 3297
OR Pay Online with ATMAfter Payment, you can use the chat app at the right-hand side of your browser to download the material immediately or Text Name, Title of the project paid for, your email address to 08060755653.Do you prefer paying with Bitcoin, Ethereum, Bitcoin Cash or LiteCoin?

Hits: 56

Was the material helpful? Comment below. Need the material? Call 08060755653.

This site uses Akismet to reduce spam. Learn how your comment data is processed.