Select Currency
Translate this page

ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY

Format: MS WORD  |  Chapter: 1-5  |  Pages: 83  |  1858 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE COMPLETE PROJECT

ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY

 

CHAPTER ONE 
1.1 INTRODUCTION 
In our economy today, wants satisfaction has generally replaced the necessity of fulfilling only basic physiological needs. This however has exposed Nigerian consumers who by virtue of circumstances, education and awareness are becoming enlightened as the day go by to numerous influences and factors which propel them to accept a product or develop a brand loyalty.
Consumer’s attitude towards a product according to Kotler and Armstrong (2008:143) is being shaped and influenced by psychological factors such as motivation, perception, learning, personality, attitude and belief. Consumers are also influenced by certain product features and characteristics such as product style, quantity, quality design, colour, packaging and labeling.
Picking it up form there, Nebo and Onyeke (2000:65) Pointed out seller centered factors like image, credibility, price, advertisement and sales promotion. Situation centered factors also play a role in determining what the consumer buys; such as age, income, social group or reference group favourable brand attitude, in doubt is determined by this factors.
Ultimately, marketing is the art of creating, attracting and keeping profitable customers., in order to covert occasional purchasers into brand loyalists, habits must be reinforced by appealing to the afore-mentioned factors that shape consumer purchase attitude, because they hold the key to success or failure of any product.
Against this backdrop, consumer acceptance, preference and loyalty are very important to manufactures of consumer products. Outstanding and successful companies have priotized this by building and developing army of consumer loyalists who are less sensitive to price change and competitive promotion. This set of consumers are ready and willing to search for their favorite brand.
In essence, the topic of this research study stemmed form the researchers deep desire to personally investigate and unravel the success of Nigerian first indigenous beer “STAR LAGER BEER”. Star brewed and bottled buy Nigerian Breweries PLc is synonymous and comes to mind once beer is mentioned among the youths.
The imagination of why “star Lager Beer” is Nigerian’s most popular beer will continue to hover until the end of this research study.
1.2 STATEMENT OF THE PROBLEM
In today’s highly competitive, dynamic and challenging business environment, the level of consumer product acceptance and preference are critical to survival of business. Also the unpredictable and transient nature of consumers which studies have shown are more complex than a machine cannot be over-emphasized. Each day consumers are becoming more rational and speculative in their spending, willing to spend their hard earned money on product they believe will give them value and maximize their utility.
Interestingly, in the midst of all these uncertainties, one company, one product have continued to soar high by placing and positioning an indelible products in the minds of Nigeria beer consumers. Nigerian Breweries plc, brewers and bottlers of “STAR” is worth celebrating. STAR, the first indigenous beer in Nigeria, and the only beer believe to have assumed the status of a national icon.
According to the marketing directors of NB PLC Mr. Woulter Fijnaut, star has about 80 percent of the market share. These in no doubt, means that star has a wide range of consumer’s acceptance and loyalty.
The factors responsible for this phenomenal success of STAR beer against other competing brands of alcohol is the rational behind this study which will go a long way in exposing other hidden factors influencing consumer preference and acceptance of this brand. 
1.3 OBJECTIVES OF THE STUDY
The objectives of the study include;
i. To unravel the reason(s) for consumers wide acceptance and preference of star lager beer against other competing brands;
ii. to ascertain and determine the effect of promotion in a competitive marketing environment;
iii. to determine if quality adds to consumer acceptance and loyalty to a brand;
iv. to determine if packaging and branding play a role in influencing consumer loyalty to a particular brand;
v. to also ascertain other factors that give a product an edge over competing brand; and
vi. to make necessary recommendation in line with the findings;
1.4 RESEARCH HYPOTHESES
Ho: The leadership stand of star lager beer does not influence the rate at which it is consumed and purchased.
Hi: The leadership stand of star beer influences the rate at which it s consumed and purchased
Ho: That advertisement and sales promotion do not influence brand acceptance and loyalty of star beer.
Hi: That advertisement and sales promotion influence brand acceptance and loyalty of star beer.
Ho: The quality and taste of star beer does not positively influence the patronage of the product and its acceptance 
Hi: The quality and taste of star beer positively influence the patronage of the product and its acceptance
1.5 RESEARCH QUESTIONS 
The research intend to give answers to the following questions.
1. Does packaging and branding influence consumer acceptance and loyalty to a particular product.
2. Do promotional activities influence consumer acceptance and loyalty to a particular product.
3. Does psychological and sociological factors play a role in influencing consumer acceptance and loyalty to a particular brand.
1.6 SCOPE OF THE STUDY
The study is mainly about consumer acceptance and loyalty to a product; STAR LAGER BEER, brewed and bottled by Nigerian Breweries Plc (NBL) was used as the product of study: While consumers and retailers within Enugu metropolis were used for the study.
The areas covered for the survey included, new Heaven G.R.A, Uwani, New layout, Abakpa. Independence layout. 
1.7 SIGNIFICANCE OF THE STUDY
This research study hopefully will be of great assistance to the marketing department of Nigerian Breweries Plc (NBL). It will be a practical guide in retaining there market share.
Furthermore, the study will demonstrate that promotional activities especially advertising and sales promotion remains a variable and indispensable tool in respect of consumer acceptance, loyalty and preference of a product over another, not also over-looking the importance of branding.
Finally, the study will serve as a reliable guide and good source of secondary data on this topic for future researchers. 
1.8 LIMITATIONS OF THE STUDY
The gathering of all needed data for a research study is usually met with a number of constraints. The researcher encountered multiple of problems in the course of this work.
Firstly, some consumers thought that the research was a staff of Nigerian breweries and always demand for a tip before accepting to fill the questionnaire.
Secondary, the researcher could not gain access in to AMA Breweries due to some bottleneck bureaucracy though he was later supplied with relevant materials.
Finally, time and financial constrain also derailed the study. 
1.9 DEFINITION OF TERMS
The beginning of wisdom is the definition of terms” (Socrates, 470?-399BC)
i. CONSUMER
A consumer is one who buys good or uses a service. Onyeke and Nebo (2000:42) defined a consumers as people acting as individuals or in small groups who purchase goods and services to satisfy their personal and household consumption needs as opposed to individual or people who buy and use items for commercial, business, organizational, government or institutional purpose. 
ii. Product 
Kotler and Armstrong (2008:225) defined a product as anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy a want or need. Products include more than just tangible goods.
Broadly defined, product will include physical objects, services, events, persons, places, organization, ideas, or mixes of these entities.
iii. CONSUMER PRODUCT 
Having defined consumer and product, in extension consumer products are products and services bought by final consumer for personal use or consumption. This set of product are classified further based on how consumers go about buying them.
- The consumer product includes
- Convenience goods
- Shopping goods 
- Specialty goods
- Unsought goods. 
iv. BRAND
The American marketing Association defined a brand as a name, term, sign, symbol or design, or a combination of them intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors. 

v. Brand loyalty 
Brand loyalty is the ultimate goal a company set for a branded product. Nancy and Hofmann (2007: File C5-54) defined brand loyalty as a consumers preference to buy a particular brand in a product category. It occurs because consumers perceived that the brand offers the right product features, images, or level of quality at the right price.

  DOWNLOAD THE COMPLETE PROJECT

ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Abdul Mateen Iddrisu
UDS
At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly
Excellent
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Uduak From Uniuyo
IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for ANALYSIS OF CONSUMER PRODUCT ACCEPTANCES ON BRAND LOYALTY, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!