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The Effect of Marketing Research in Product Planning Process
The Effect of Marketing Research in Product Planning Process
BY
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NOVEMBER, --------------
1
APPROVAL PAGE
…………………………… ………………….
Project Supervisor
…………………………… ………………….
Head of Department
…………………………… ………………….
2
DEDICATION
possible.
3
ACKNOWLEDGEMENT
Heaven and earth, the beginning and the end, for seeing me
parents Mr. & Mrs. ----------, for their love and support they
-----------, for their love and kindness which hey gave me, I
pray that the Almighty God will see the according to their
friends who has been there for me, I pray that God with his
4
ABSTRACT
not yet understood this very well and those who are still
5
chapter five has the summary of findings, conclusion and
6
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vi
CHAPTER ONE
1.0 Introduction 1
7
CHAPTER TWO
2.1 Introduction 18
Process 24
Process 28
References 42
CHAPTER THREE
Research methodology 43
8
3.0 Introduction 43
CHAPTER FOUR
4.1 Introduction 51
CHAPTER FIVE
9
5.1 Introduction 73
5.2 Summary of findings 73
5.3 Conclusion 75
5.4 Recommendations 76
Bibliography 79
Appendix 80
Questionnaires 81-84
10
CHAPTER ONE
1.0 INTRODUCTION
11
Thus, marketing research is inevitable in product planning
12
research. This finding will enable the firm to appropriately
plan the right price, deliver the products to the right place to
13
through the specialized functions of pricing, promotion and
distribution.
achieved.
14
One more, a little understanding of what marketing and
15
efficient satisfaction of consumers needs now and in the
future.
16
process in the manufacturing firms, using UNILEVER PLC
carry out this study. In the first place, the Nigeria business
17
never believed that the use of marketing research in product
18
planning process using unilever Nigeria plc, Aba as a case
objectives:
activities.
the market
development.
19
vi. The consequence of ignoring marketing research in
20
technological change etc) in order to know the best to
them?
planning process?
21
1.6 SIGNIFICANCE OF THE STUDY
awake firms who are still sleeping in the dark room of trail
22
relied on the guess works or they simply follow their
country and order firms that are relevant for the study.
Although, the study was limited to unilever plc Aba but the
households in Nigeria.
23
researcher encountered the following problems in the course
24
she can do to carryout a meaningful research in this
project works.
the study.
25
1.8 DEFINITION OF TERMS
related to marketing.
capacity to consume.
26
PHILOSPHY: A particular set or system of beliefs resulting
27
CHAPTER TWO
2.1 INTRODUCTION
28
might satisfy a want or a need. He also added that a product
29
tangible and chemical attributes assembled in an identifiable
PRODUCT)
30
market. It could come in the form of after sale service like
31
2.4 MEANING OF PRODUCT PLANNING PROCESS
product policy.
market needs.
32
Based on this, Evans and Berma (1992) stated that product
33
the firms product mix in the light of the macro
PLANNING PROCESS
34
guiding principle that regulates the future behaviour in a
given set up. It provides basis for future actions. There are
product.
consumer sees.
35
Product elimination policy: This policy is directed
externally).
36
Product mix: Product mix is the total number of products
37
end use production requirements distribution
PROCESS
38
the purpose of providing actionable information for
39
Its scope covers the market product such as product
strategies etc.
service.
40
trade attribute, distribution and ales audit, sales statistics,
of sales display.
comparisons.
buy, where they would want to get the product, that you
41
(producer) will know exactly what to offer and how best to
discuss further.
competitors.
42
PRODUCTION ORIENTED: This focuses on product
pattern.
behaviour.
43
disruptive changes in the consumer behaviour. The effect of
the product will look like. The idea generation comes from
objective.
44
Concept development and testing: Concept
being able to pay for its billings and also making some
45
business. So there should be a true feasibility study on he
embarked on.
produced.
46
to launch, dealership arrangements, warehousing plans
segmentation).
laboratory qualities
studies
47
Formulate a detailed marketing programme covering
estimates cost.
marketing findings
48
which different members of the target market often accept
cycle.
risk.
49
influence. They are highly suspicious of the innovation
conservative.
mix that will enable the customer to fully satisfy all his
wants.
target market they know that can satisfy them very well.
50
achieved through the effective use of marketing research in
organizations.
51
REFERENCES
52
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 INTRODUCTION
53
PRIMARY DATA: This is the original sources of material,
which the researcher seeks out that is, he collects data that
carrying out.
PLC, ABA. personal interviews were held with the staff of the
company.
54
3.3 POPULATION OF THE STUDY
of eight (80) staffs divided into top, middle and lower level.
Level No of staff
Top 10
Middle 20
Lower 50
Total 80
55
technique in which the respondents were broken into
The sample size of the research for the study was calculated
Hence, the sample size for this study remains eighty (80).
56
3.6 METHOD OF QUESTIONNAIRES DISTRIBUTION
the respondents that constitute the data base for this study.
Level No distributed
Top 10
Middle 20
Lower 50
Total 80
57
suggestion shows that the criterions is valid and posses the
58
X2 = Σ (O1- Σ1)2
Σ1
Where:
X2 = calculated chi-square
Oi = observed value
Σi = expected value
Grand total
Where:
value is less than the critical value the null hypothesis will be
accepted.
59
This accepts (Hi) if the calculated chi-square (X 2) value is
less than the critical value. Then reject (Ho) if the calculated
60
CHAPTER FOUR
4.1 INTRODUCTION
hypothesis.
61
questionnaires are incorrectly filled. The tables below
Number of 80
questionnaires
distributed
Questionnaires 70 87.5%
returned
Number of 10 12.5%
questionnaires not
returned
Total 80 100%
tabular form, not all the questions will be analyzed. Only the
62
ones in section B, which are relevant to the hypothesis, will
Table 4.1
product development?
No 8 6 3 17 24.3%
Total 38 26 6 70 100%
63
Table 4.2
No 4 16 - 20 28.6%
Total 36 28 6 70 100%
64
Table 4.3
Question 3: Is marketing research have any importance in product life cycle as regards to
No 16 12 1 29 41.4%
Total 30 30 10 70 100%
65
Table 4.4
Question 4: Does marketing research help in good packaging and brand design of a
product?
No 11 3 7 21 30%
Total 35 20 15 70 100%
Table 4.5
steps to follow?
66
Options Top Middle Lower Total %
mgt. mgt. mgt. percentage
Yes 20 15 10 45 64.3%
No 5 5 15 25 35.7%
Total 25 20 25 70 100%
Table 4.6
No 10 6 11 27 38.6%
Total 34 18 18 70 100%
67
there is benefit to organization to apply marketing research
Table 4.7
dept.
time
consumption
Total 30 31 9 70 100%
68
Table 4.8
Question 8: Do you produce in the right of the consumers needs tastes and preferences?
No 10 6 7 23 32.9%
Total 34 19 10 70 100%
preferences.
69
Table 4.9
No 5 8 10 23 32.9%
Total 19 20 21 70 100%
Table 4.10
70
From the above responses 45 (64.3%) respondent said yes
Table 4.11
Question 11: Do your products pass through the whole stages of product life cycle.
No 10 5 9 24 34.3%
Total 30 19 21 70 100%
71
Table 4.12
marketing
research
Competition 14 14 28 56 80%
and other
environmental
factors
Total 20 17 33 70 100%
that make those product not passing through all the stages
72
socio-cultural etc i.e. 14 respondents proved that it is result
Table 4.13
No 5 19 1 25 35.7%
Total 35 29 6 70 100%
73
Table 4.14
loyalty?
No 10 5 9 24 34.3%
Total 30 19 21 70 100%
Table 4.15
Question 15: Are there some of your products that have experience low patronage from
74
4.4 TEST OF HYPOTHESIS
development
X2 = Σ (Oi- Σi)2
Σ1
Overall total
Where
X2 = calculate chi-square
Oi = observed frequency
Σi = expected frequency
= (c-1) (r-1)
75
Where C = number of column on the contingency table
analysis of responses
product development.
CONTINGENCY TABLE 1
No 8 6 3 17 24.3%
Total 38 26 6 70 100%
Overall total
70 70
70 70
76
70 70
70 70
70 70
70 70
X2 = Σ(oi-ei)2 = 2.3834
ei
77
Degree of freedom
df = (c-1) (r-1)
= (3-1) (2-1)
= 2x1 = 2
X2 = 0.05,2 = 5.991
DECISION
Hypothesis II:
78
Using table 4.4 analysis of responses
CONTINGENCY TABLE
No 11 3 7 21 30%
Total 35 20 15 70 100%
Overall total
70 70
70 70
70 70
= 20x21 = 420 = 6
70 70
79
Lower management = 15x49 = 735 = 10.5
70 70
= 15x21 = 315 = 45
70 70
17 14 3 9 0.6429
3 6 -3 9 1.5
Total 70 0 31 4.161
X2 = Σ(Oi-Ei)2 = 4.161
Ei
Degree of freedom
df = (c-1) (r-1)
= (3-1) (2-1)
80
= 2x1 = 2
X2 = 0.05,2 = 5.991
DECISION
manufacturing firms.
81
than expected which helps in sales volume increase of the
82
CHAPTER FIVE
5.1 INTRODUCTION
83
necessary if the firm will succeed. It is important to put
research.
84
5.3 CONCLUSION
85
research department that will help in bring information from
5.4 RECOMMENDATIONS
and not sponsoring it with or from the money set aside for
86
can be raised to obtain solution in subsequent similar assess
87
market towards consumer’s perceived value. A good
networks.
88
BIBLIOGRAPHY
89
APPENDIX
Department of Marketing
---------------------------
P.M.B -------------
----------, ----- State.
Dear Sir/Madam,
Thanks in anticipation
Yours faithfully,
------------------
90
QUESTIONNAIRES
alternative.
SECTION A
91
SECTION B
development?
stage?
92
technological factors change etc.)in order to know the best
steps to follow.
93
10. Do your findings about consumers needs affect your
12. For those products that do not pass through the whole
stages of product life cycle, what factors do you think
that result to that?
(a) Inadequate marketing research
(b) Competitive and other environmental factors
13. Do you think that package design as perceived by the
consumers adversely affect products patronage?
(a) Yes (b) No
14. Do you find marketing research relevant and helpful in
your brand decision and winning customer brand loyalty?
(a) Yes (b) No
15. Are there some of your products that have experienced
94