Improving Sales Of Supermarket Through Effective Marketing Strategy
(A Case Study Of Some Selected Supermarket In Enugu Metropolis)
Complete Improving Sales Of Supermarket Through Effective Marketing Strategy Project Materials (Chapters 1 to 5):
This research was based on finding way of improving the sales of supermarket through effective marketing strategy. Some selected supermarket in Enugu metropolis was used.
The major problem faced in this research was how to improve sales by using the tools of marketing strategy. This research also found out how the full application of marketing concept could help to improve sales in supermarket. The acute importance of the customer to success of any business in the era to buyers market was also research on.
In collecting information for this research, two source of data collection were used. They are primary and secondary data sources. The primary was data gotten through the use of questionnaires and oral interview, while secondary data were collected from libraries and other information center.
Four hypothesis were stated and proved which helped to show ways through which the sales of supermarkets could be improves. Percentages and 1 – distributions were used in analyzing the questionnaire while 2 – test formula was used in testing hypothesis.
Title page
Certification page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE –
BACKGROUND OF THE STUDY
1.0 History or origin of supermarket
1.1 Statement of problem
1.2 Purpose /objective of study
1.3 Significance of the study
1.4 Hypothesis / Research question
1.5 The scope /limitation of the study
CHAPTER TWO –
LITERATURE REVIEW
2.0 Induction of marketing strategy
2.1 Definition / meaning of marketing & supermarket
2.2 The impact of promotion on supermarket
2.3 The impact of place (distribution on supermarket
2.4 The impact of product on supermarket
2.5 The impact of price on supermarket
2.6 Important / contribution on supermarket to national economy
2.7 Problems facing supermarkets.
CHAPTER THREE –
METHODOLOGY
3.0 Source of data
3.1 Instrument used in data collection
3.2 Population
3.3 Sample / sampling method size
3.4 Method of data analysis
CHAPTER FOUR
DATA ANALYSIS
CHAPTER FIVE –
5.0 Summary , Recommendation and Conclusion
5.1 Summary of findings
5.2 Recommendations
Conclusions
Bibliography
Appendix 1 Questionnaire for supermarket manager
Appendix 11 Questionnaire for supermarket patronisers.
BACKGROUND OF STUDY
1. HISTROY AND ORIGIN OF SUPERMARKET
Supermarket as we know them today started in the depression days of the early 1940s. They were owned and operated by independents, attempting to compete with the Chain food stores. The supermarket method of food retailing becomes an immediate success and the innovation was soon adopted intendments. Today supermarkets are dominant institution in food retailing. There are close to 34,000 supermarket in the United States and about 29,000 in Nigeria and they account for about 75% of total food sales.
1980s were not good year for conventional supermarket cost increased
(Sometimes dramatically), inflation hurt, competition intensified and both profits and productivity. Now, in the 1990s, supermarket management in facing the challenge of revealing these trends especially the decline in profit and productivity. The challenge is being met cutting costs and stressing their price by offering limited services.
A few supermarket organizations are going the opposite route – featuring a wider assortment of products of higher prices. Both groups are using technological innovations at the chicken stands, in packaging and else where in the stores. Perhaps the strongest challenge the supermarket management is the task of encouraging the adopting of a greater number of those technological innovations at a faster rate then in previous years.
There are many factors which caused the take off of supermarket in the 1940s some of these factors are:-
The mass ownership of cars:- For the fact that many supermarket patrons own their own cars, they can afford to go to some distant places to make their weekly shopping.
The advance in technology:- Both supermarket and their patrons can store perishable goods for a long period of time. They can also make bulk purchases which could be stored in their refrigerator.
The packaging technology:- For many products now have consumer size packages and distributor size container. This consumer packaging enhances self – service operation in supermarkets.
Integration of grocery, meat and produce departments has made one to stop shopping regularly. In a supermarket, there are different section which makes for all time and efficient shopping.
1.1 STATEMENT OF PROBLEM
It is no exaggeration to say that some supermarkets in Enugu are performing below standards and expectations that is to say that, they do not meet the required sales volume considering the opportunities open to them for exploitation.
The supermarket visited had not been treating their customers as supposed there by not adopting the concept of marketing.
The investigation carried out confirmed that consumers were not given special attention regarding their Enquirer as a result most of them suddenly patronize these supermarkets.
The information flow was discovered to be inefficient thereby affected service delivery that would here interested the customers.
The supermarket prices were found to be inhabitant when compared to open market prices. The consumer preferred these open markets because of the degree of satisfaction received from them.
PURPOSE/OBJECTIVE OF STUDY
The main objective of carrying out this study is to find out the reasons behind poor performance of supermarkets in Enugu and ways through which super market managers can increase their sales through effective marketing strategy.
To investigates how the adoption of the marketing concept of treating consumers as the king would make the consumers patronage the selected supermarket.
To examine the best marketing strategy that could be adopted for consumers to be given special attention.
To assess the information flow between sellers and buyers that would satisfactory make customers patronage the supermarket under study.
To approve the pricing policies of these supermarkets with a view of adopting a satisfactory pricing policy for them.
SIGNIFICANCE OF STUDY
This study when completed will definitely help the supermarket managers to increase their sales volumes and when their sales volumes increase; their profit margin will also increase.
This study will also help those wishing to undertake supermarket business to collect information which will help them in establishing their business.
Again this study will provide various strategies which will help the managers to select one or two strategies that will make his business to be cost effective that is the one that will be less expensive.
It will also make the owners to super markets to remain in business because without adequate and comprehensive strategies, they can go out of business.
HYPOTHESIS / RESEARCH QUESTIONS.
According to Webster .N. (1981) hypothesis is “ a proposition put forward as a basis for reasoning a superstition formulated from proved data explanation of occupancy as in science insider to establish a basis for further research”
Based on the problem and objective of the research, the following hypothesis are formulated:-
Null Hypothesis (HO):- Sales of supermarket will not increase with adequate use of promotional tools.
Alternative hypothesis (H1) sale of supermarket will increase with adequate use of promotional tools
Ho: Good public relation will not enhance customer loyalty which leads to increase in sales.
Hi: Good public relation will enhance customer’s loyalty which leads to increase in sales.
Ho: Selling goods at reasonable low prices will not increase the sales of a supermarket
Ho: Offering producers better qualities will not increase the sales volume of a supermarket.
Hi: Offering producers better qualities will increase the sales volume of a supermarket.
SCOPE AND LIMITATION OF STUDY
This study was intended to cover all the supermarkets in the metropolis and their marketing strategies. But considering the number of supermarkets in Enugu the researcher has decided to limit its scope to selected few using Tonson supermarket as case study.
The researcher is studying how to improve sales through effective marketing strategy. The more pronounced strategies around which the researcher will concentrate on are:- product, place ( distribution) price and promotion. These are major marketing strategies which supermarket managers will have to manipulate inadequately so as to improve their sales.
Generally, marketing strategy can be regard as a consistent, appropriate and feasible set of principles through which a particular company hopes to achieve its long run customer and profit objective in a particular competitive environment.
This research will equally drive into the area of introducing the marketing concept phenomenon into the management of supermarket.
The introduction of Improving Sales Of Supermarket Through Effective Marketing Strategy should start with the relevant background information of the study, clearly define the specific problem that it addresses, outline the main object, discuss the scope and any limitation that may affect the outcome of your findings
Literature Review of Improving Sales Of Supermarket Through Effective Marketing Strategy should start with an overview of existing research, theoretical framework and identify any gaps in the existing literature and explain how it will address the gaps
Methodology of Improving Sales Of Supermarket Through Effective Marketing Strategy should describe the overall design of your project, detail the methods and tools used to collect data explain the techniques used to analyse the collected data and discuss any ethical issues related to your project
Results should include presentation of findings and interpretation of results
The discussion section of Improving Sales Of Supermarket Through Effective Marketing Strategy should Interpret the implications of your findings, address any limitations of your study and discuss the broader implications of your findings
The conclusion of Improving Sales Of Supermarket Through Effective Marketing Strategy should include summarize the main results and conclusions of your project, provide recommendations based on your findings and offer any concluding remarks on the project.
References should List all the sources cited in Improving Sales Of Supermarket Through Effective Marketing Strategy project by following the required citation style (e.g., APA, MLA, Chicago).
The appendices section should Include any additional materials that support your project (Improving Sales Of Supermarket Through Effective Marketing Strategy) but are too detailed for the main chapters such as raw data, detailed calculations etc.