THE IMPACT OF PROMOTIONAL ACTIVITIES ON THE MARKETING OF GOLDENMORN PRODUCTS IN ENUGU METROPOLIS

By

ABONYI NGOZI .B

Presented To

Department of Marketing

ABSTRACT

Banks are established to make profits. Are these profits made at me expense of the customers or is it as a result of the seminar provided by these banks.
    This study attempts to highlight those key factors that different banks managements will consider in their choice of branch locations and customers preferences for their choice of banks to serve them. This will enable banks to focus on the critical factor that affect market preferences.
    The study was done using survey research design with questionnaire as due key instrument for collecting primary data. A total of 1000 and 200 bank customer and officials questionnaire respectively were duly completed and analyzed. Based on the analysis of the generated formulated hypothesis were tested at 95% level of significance using 2 test of proportion.
    The underlisted constitute some of the major findings of the study, management of Banks have special preference for large markets like Lagos and Aba for their branch locations. Marketing activities of banks in these large markets are directed at protecting and expanding their stream of revenues in these areas. Banks in both markets describe the nature of their banking business in terms of the product/services they offer and their I.T power.
    In the light of these findings, the study recommends that, Banks should posses profitable and complete range of product, continuous product service innovations and improvements. Banks should always invest heavily in information technology to remain relevant and profitable. As banks must to open branches in these markets, it is appropriate for banks to make their customer dependent on them and gain their trust and confidence.

TABLE OF CONTENTS

Title page
Certification
Dedication
Acknowledgement
Abstract
Table of contents
List of Tables

CHAPTER ONE:    INTRODUCTION
1.1    Background of the study
1.2    Statement of the problem
1.3    Objective of study
1.4    Research question
1.5    Formulation of Hypothesis
1.6    Scope and limitation of the study
1.7    Significance of study
References

CHAPTER TWO:    LITERATURE REVIEW

2.1    Theatrical Background
2.1.1Marketing concept
2.2    Banking service
2.3    Factors customer consider in selecting their banks
2.3.1    Location factors in influencing the marketing of financial services in Lagos and Aba market.

CHAPTER THREE:    RESEARCH METHODOLOGY
3.1    Types of data
3.2    Research design
3.3    Research instrument
3.4    Pre- test of questionnaire
3.5    Determination of population size
3.6    Questionnaire administration
3.7    Response rate

CHAPTER FOUR:    DATA PRESENTATION AND ANALYSIS
4.1    Preamble
4.2    Data analysis profile of Bank official
4.3    Data analysis for Bank customer
4.4    Testing of Hypothesis/Research question

CHAPTER FIVE:   
SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSION.

5.1    Summary of findings
5.2    Recommendations
5.3    Conclusion
Bibliography
Appendices



LIST OF TABLE

4.2.1    Period stayed with present Bank
4.2.2    Number of Banks worked with
4.2.3    Position in the Bank
4.2.4    Banks location of their first branches
4.2.5    Consideration of Lagos and Aba as more profitable market
4.2.6    Number of branches in Lagos and Aba
4.2.7    Counting on their branch Net work as their greatest Asset.
4.2.8    Banks working towards surpassing their competitors.
4.2.9    Use of computers system in Banking operators
4.3.0    Supply of prompt and accurate statement of Account to their customers.
4.3.1    Treating customer with respect and courtesy.
4.3.2    Bank Branding/positioning themselves through
4.3.3    Advertisement of their products and service
4.3.4    Profile of Bank customers/industry group
4.3.5    Lengths of time present banker
4.3.6    Types of Accounts maintained
4.3.7    Obtaining a facility when a customer need it
4.3.8    Notifying customer of changes in Bank polices rates.
4.3.9    Treating customers with respect and courtesy
4.4.0    Considering the length of time an account is Operating granting
4.4.1    Branch manager’s possession of power to take
4.4.2    Quick decision regarding granting a facility or reduction of COT charges
4.4.3    Convenience/Accessibility of Bank locations to customers.     
4.4.4    Performance of the Bank unsupplying prompt
4.4.5    And accurate statement of accounts.
4.4.6    Rating the use of computers in the bank operations
4.4.7    Rating the use of computers in the bank operations
4.4.8     Bank interest charge and other commissions
4.4.9    Transfer of cash other Broachers
4.5.0    Rating the external and internal environment of the branches.
4.5.1    Perception of the main bankers
4.5.2    Customers perception of the strength and
4.5.3    Stability of their main bankers
4.5.4    Banks forms of advertisements.

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