THE EFFECT OF ADVERTISEMENT ON THE DEMAND OF CONSUMERS GOODS: A CASE STUDY OF SEVEN UP BOTTLING COMPANY ABSTRACT This research work was designed to assess the effects of advertisement on the demand for consumer goods. Chapter one of this work was devoted to the introduction of this work. It gives a short background of advertisement, the statement of the problems, and significance of the study and limitation of the study. Chapter two and three has to ode with the literature review and the methodology employed for the study. Chapter four deals with analysis, summaries of data collected while chapter five reveals the findings of the research and make appropriate recommendation. The data were collected by means of questionnaire titled. The Effect of Advertisement on the demand for consumer Goods. A case study seven-up bottling company. The study consisted of 45 respondents who were randomly selected. The analysis of the data collected reveals that people like advertised goods because it informs them about the quality and existence of such goods in the market. The study also reveals that how a product is accepted or demanded for depends quickly and completely on advertisement. TABLE OF CONTENT CHAPTER ONE Introduction Background of the study Statement of the problems Purpose of the study Significance of the study Research questions Scope of the study Limitation of the study CHAPTER TWO Literature review Consumer information Information processing Communication processing Consumer perception and advertising Advertising and believability Patronage and brand-switching CHAPTER THREE Methodology Research design Population of the study Sample of the study Instrumentation Validation of instrument Method of data collection Method of data analysis CHAPTER FOUR Discussion of results Data analysis Use of relevant table to present and analyze the data A discussion of the results derived from the data CHAPTER FIVE Summary and conclusions Recommendation BIBLIOGRAPHY APPENDIX/ QUESTIONNAIRE CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Advertisement is the collective term for public announcement designed to promote the scales of specific commodities or services that are meant to educate, inform and persuade the entire public by means of difference methods such as Radio, Television, Newspaper, Journal and Magazines etc. Sometime, we often get infuriated when listening or watching a programme and all of a sudden an advertisement is intro0duce into it, (programme) telling us about business in which individual advertise their products in an attempt to make for awareness and persuade consumers to buy them. Various mineral drinks advertisement is mostly carried out in advertising media. Notably, among which are radio, television, magazines, bill-boards, newspapers etc. the advertisement tries to persuade and convince their target audience of the differential benefit derivable from consumption of the brand of seven-up. Advertisement went their perspective consumers to be convinced by impressing upon them that their own brand of seven-up drink is the best in town in terms of its quality contents and satisfaction. Some slogans is been written on calendars given to customer by their producers. Such slogan is intended to assure the perspective hungers and consumers of the benefits of satisfaction derivable. This enable the consumer buys expectation of the product and not the product itself. Furthermore, a theory holds that a consumer satisfaction is a function of the consumer product expectation and product performance. This is say that if the products match expectations, the consumer is highly satisfied if it falls short, the consumer is dissatisfied. In essence therefore, producers generally make or produce satisfaction and not the physical product alone. Against this background, we can presume that seven-up consumers buy the product hoping it will satisfy the desired intention consumer buy whatever other satisfaction derived from its consumption or usage and not the physical product. STATEMENT OF THE PROBLEMS Inspite of criticism and accusation leveled against adverting industry. In recent times, for instance, the investment in adverting in Nigeria has become so much that people started questioning the rationale behind such huge investments. For example “Tom Omo Tage” among other things said the public hear for instance, of some “goods” half a million naira going an advertising on ordinary chocolate beverage every single year or young great advertising limited is already making over seven million naira (N 7,000.00) annually. PURPOSE OF THE STUDY This study is aimed at critically examining the worth of such efforts in terms of consumer attitude. To these effects, the study will focus on i) Examining whether advertising of seven-up account for brand-switching ii) Examining other factors responsible for negative or positive perception of advertising by consumers. iii) Investigating the extent to which advertising determines the patronage of seven-up by consumer SIGNIFICANCE OF THE STUDY It is hoped that this study will be useful in selecting appropriate media for their target market. It is aqlso0 hoped that5 it will help the producers to tailor their advertisement claims as well as product to reflect the attributes most valued by consumers. This increasing patronage and the frequency in brand switching among customers. THE RESEARCH QUESTIONS 1) How do other factors apart from advertising influence consumer patronage of seven-up? 2) How does advertisement determine consumer patronage of seven-up? 3) Does brand switching actually results from advertisement? 4) To what degree if any, does consumer believe in advertising claims in respect of seven-up? SCOPE OF THE STUDY The study will be confined to advertising of seven-up products the effect on consumer’s perception. The researcher also explored the assumption of advertising related to patronage and brand-switching amongst consumers. DEFINITION OF TERMS ADVERTISING: To make goods and services known to the public through the information media. DEMANDS: The acquisition of goods and services by payment of money or its equivalent consumer goods PATRONAGE: This is the habitual purchase by a consumer of a specific product brand. CONSUMER: Those who make use of goods and services BRAND-NAME: The name used to identify a specific product type e.g. Seven-up bottling company ADVERTISING CHAINS: They are attributes or specific to their advertised product or what advertisement say consumer will benefit from the product
THE EFFECT OF ADVERTISEMENT ON THE DEMAND OF CONSUMERS GOODS: A CASE STUDY OF SEVEN UP BOTTLING COMPANY
ABSTRACT This research work was designed to assess the effects of advertisement on the demand for consumer goods. Chapter one of this work was devoted to the introduction of this work. It gives a short background of advertisement, the statement... Continue Reading
TABLE OF CONTENTS DECLARATION ................................................................................................................. i APPROVAL ....................................................................................................................... ii DEDICATION... Continue Reading
ABSTRACT This study sought to find out the impact of record-keeping on the procurement of goods and services of a century bottling company. The study was guided by the following objectives; to investigate the different procurement procedures used in century bottling companies, to identify the different record-keeping methods used in century... Continue Reading
ABSTRACT This research study focused on the influence of televisions adverting on consumers demand for soft drinks in Enugu metropolis, A case study of Seven-up bottling company. The objectives of which the study was carried out are to FIND OUT how effective the television advertising strategy of seven- up is all how advertising was affected the... Continue Reading
ABSTRACT This research study focused on the influence of televisions adverting on consumers demand for soft drinks in Enugu metropolis, A case study of Seven-up bottling company. The objectives of which the study was carried out are to FIND OUT how effective the television advertising strategy of seven- up is all how advertising was affected the... Continue Reading
ABSTRACT This research work, is aimed at giving an insight into the Effect of Television Advertisement on the Buying Habits of Consumers. It deals generally on the concept of Advertising and narrows it down to the roles advertising plays in this beverage, Bournvita. Careful empirical studies have uncovered that advertising actually influenced... Continue Reading
ABSTRACT This research work, is aimed at giving an insight into the Effect of Television Advertisement on the Buying Habits of Consumers. It deals generally on the concept of Advertising and narrows it down to the roles advertising plays in this beverage, Bournvita. Careful empirical studies have uncovered that advertising actually influenced... Continue Reading
(A CASE STUDY OF BOURNVITA BEVERAGE). ABSTRACT This research work, is aimed at giving an insight into the Effect of Television Advertisement on the Buying Habits of Consumers. It deals generally on the concept of Advertising and narrows it down to the roles advertising plays... Continue Reading
(A CASE STUDY OF BOURNVITA BEVERAGE). ABSTRACT This research work, is aimed at giving an insight into the Effect of Television Advertisement on the Buying Habits of Consumers. It deals generally on the concept of Advertising and narrows it down to the roles advertising... Continue Reading
ABSTRACT This study examined effect of population growth on import demand in Nigeria, within the sample period of 1981-2014. The data for this research work (Gross Domestic Product, population and Exchange Rate) was obtained from the CBN Statistical Bulletin (2014) and analysed using ordinary least squares (OLS) technique. Gross domestic product... Continue Reading