Select Currency
Translate this page

THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS

Format: MS WORD  |  Chapter: 1-5  |  Pages: 73  |  1186 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE COMPLETE PROJECT

THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS

 

CHAPTER ONE

1.1     INTRODUCTION 
The success of any business organization depends largely on consumer patronage. For any product or services of an organization to be suitable, it need to be communicated to the consumer. Not wit the product or services, are communicated to consumer, their existence cannot be  recognized, hence patronage may not be  realized.

Organization promote their good and service to the market and to the  users of those product and service. They make  use of  a  variety of promotional method, such as advertising  personal selling publicity, of sales promotional  such promotional tool may be use by any types of organization, whether commercial or non profit making, to communicate to, and persuade a target recipient or potential consumers that  they  should avail them suit to the product or service on  offer.

Furthermore, A study of marketing communication, is therefore relevant to different types of organization, promotional activities are  undertaking by commercial companies, trade association, government bodies, educational institutions, health advisory councils, political parties charities etc. it is an important area of  study for the  marketer, because  of the large financial investment (expenditure) made in promotional activities. The advertising industry, in particular is a large and important sector in any western economy.

This industry is also showing signs of rapid growth in the lesser developed economies and in some socialist countries.

Modern marketing calls for modern firms to develop a good product, pricing it attractively and making it readily accessible to target consumer, this companies must design and create awareness about the existence, futures and forms how there will benefit the target market.

Sale promotion is one of the most important promotion tools in marketing of good and services, mutating communicate mix consist of the subject of marketing tools, that are primarily communicational in nature. They  are tools normally classify under  promotion, which is one of  the controllable variable (which can called the promo tools) the promotional variables  includes various  forms of advertising, packaging, sale presentation, sale aids, (cataloques, trading stams premiums,  free sample coupons) and publicity programme.

Consumer is regarded  as a  king in marketing concept so  marketing activities today based on how best to satisfy  the consumer the marketing effort  of any company should  base on how best to  ensure that after  development of a product presentation or an acceptable price, choice  of a better promotional strategy  which will involves much sales promotion to urge  the  consumer  faster to the product. The sales promotion is an inducement  for a consumer to buy.

Beside it, it is not mostly in a developing country like Nigeria.  For a manufacturer to merely produce and   that consumer will be aware of such product. The firm has to engage in promotional activities. And over the year some notable authors have regarded sales promotion as having played such role as:

Stimulating a new user of a product. Encouraging more frequent use of a product Posting sales in a particular geographical area of region Encouraging the use of other goods. Appealing to special  segment of market Attracting bargain hunting, non brand conscious buyer Encourage seasonal sale or stimulating  off-peaks period sale security self space of a  particular product Encouraging  movement  of slow selling line Off-setting price competition Assigning sale force presentation of their product because maturation and encouragement has been create.  It enhances implus buying (implanted buying) Encouraging products and services improvement and development of new product or goods and services.

1.2     OBJECTIVES OF THE ESSAY
The main objective of this essay is met  part of the  requirement of the award of National Diploma in  Business studies of Kaduna Polytechnic. The study is aimed also of achieving the following specific objecting. 

1.       To pin   point the role and importance  of sales promotion in the marketing of goods and services.
2.       To examine the techniques of sales promotion
3.       To highlight the procedure of controlling and evaluating the sales promotional activities.
4.       To identify the advantages and disadvantages of sales promotions. 
5.       To provide suggestions and recommendations to business organization on how to effectively apply sales promotion  technique  for other products and services.

1.3     RATIONALE FOR THE STUDY
One of the rationale behind this study of this particular topic is to  expose ore exhibit the  usefulness or the significant of sales promotion in a marketing organization. Another reason or rationale for the study is because must marketing organization does not places or lay emphasis on sales promotion.

Also another rationale of the study is to educate marketing organization on important or benefit of sales promotion on marketing organization reason being that most marketing organization does not pay serious  attention  to sales promotion.

1.4     SCOPE OF THE ESSAY
The main focus of this essay is on the relevance of sales promotion to business organizations. This is achieved by examining the various definition of sales promotion as provided by schools, its importance, the techniques employed as well as some of the advantages and  disadvantages.

1.5     DEFINITION OF TERMS
Promotion: these are the activities the company undertakes to make the product easily accessible and available to target consumer.

Marketing: Is define as “human activities directed at satisfying  need and  want through exchange process”.

Consumers: are  those people who pay or uses good or service to satisfy personal or house  hold wait  rather than for sold for uses in business.
Sales promotion: may be described as collections of incentives periodically to stimulate sales for consumer purchased of good and services.

Advertising: - is an non personal means of communicating to the target audience usually sponsor by the  marketers.

Public relationship: conscious effort to improve and maintain an organization relationships with such public as employees customers share holders local communities, made unions.

Personally selling: are those people  who convince their  target audience about the product.

Promotional mix: they are  set of tools used by manufacture sales promotion, publicity.

Marketing mix: is the combination of detailed strategies tactics, operation, programmes techniques, and activities to which resources may be allocated such that the companies marketing objectives are achieved.                       

Marketing communication: conveying of information from the markets to one target market with the objective if creating a awareness of the company product or services.

  DOWNLOAD THE COMPLETE PROJECT

THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS

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 THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS 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

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
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
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
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
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
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
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
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
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

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS?

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 THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS?

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 THE RELEVANCE OF SALES PROMOTION TO BUSINESS ORGANIZATIONS, 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!