ABSTRACT
This study was focused on marketing research as a tool for
increased profitability in soft drink industry, a case study of Nigerian
bottling company plc Owerri. The main objective of any business organization is
to produce goods and service that will satisfy the needs of its customers at a
profit. It is truism that no business organization can survive without
information. The objectives set for this study was; to determine f marketing
research significantly aid marketing decision making , to ascertain if
marketing research impacts positively on the profit of the organization ; to
determine f marketing research contributes much significantly to product quality
improvement in the firm. The population of the study is 100 which consist of
the staff of Nigerian Bottling Company Plc Owerri. The sample size is 80 which
forms the bases upon which the analysis was carried out. The respondents were
surveyed by means of questionnaire that was self administered The primary data
gathered by means of the survey conducted were analyzed through frequency
tables. The chi -square statistical tool and correlation test were later
employed to examine the statistical significance of the relationship studied
The results of the findings from the analysis carried out shows that marketing
research impacts positively on the firms 's profit, aids marketing managers in
decision making; contributes significantly to customer satisfaction and
improves the firm 's product qaulity as well. In view of this findings, the
researcher also recommend the retainance of competent personel to carry out
marketing research that will continuously aid the marketing managers decisions
towards competitiveness in this ever changing and dynamic globalized economy,
that marketers strive to remain afloat through customer delight.
UZOMA, A (2021). Marketing Research As A Tool For increased Profitability In Soft Drink Industry, (A Study Of Nigerian Bottling Company Plc. Owerri). Repository.mouau.edu.ng: Retrieved Dec 24, 2024, from https://repository.mouau.edu.ng/work/view/marketing-research-as-a-tool-for-increased-profitability-in-soft-drink-industry-a-study-of-nigerian-bottling-company-plc-owerri-7-2
ANITA, UZOMA. "Marketing Research As A Tool For increased Profitability In Soft Drink Industry, (A Study Of Nigerian Bottling Company Plc. Owerri)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/marketing-research-as-a-tool-for-increased-profitability-in-soft-drink-industry-a-study-of-nigerian-bottling-company-plc-owerri-7-2. Accessed 24 Dec. 2024.
ANITA, UZOMA. "Marketing Research As A Tool For increased Profitability In Soft Drink Industry, (A Study Of Nigerian Bottling Company Plc. Owerri)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Sep. 2021. Web. 24 Dec. 2024. < https://repository.mouau.edu.ng/work/view/marketing-research-as-a-tool-for-increased-profitability-in-soft-drink-industry-a-study-of-nigerian-bottling-company-plc-owerri-7-2 >.
ANITA, UZOMA. "Marketing Research As A Tool For increased Profitability In Soft Drink Industry, (A Study Of Nigerian Bottling Company Plc. Owerri)" Repository.mouau.edu.ng (2021). Accessed 24 Dec. 2024. https://repository.mouau.edu.ng/work/view/marketing-research-as-a-tool-for-increased-profitability-in-soft-drink-industry-a-study-of-nigerian-bottling-company-plc-owerri-7-2