The Effects of Product Positioning on Company Performance. A Case of Grain Marketing Board.

  • Type: Project
  • Department: Marketing
  • Project ID: MKT1044
  • Access Fee: ₦5,000 ($14)
  • Pages: 87 Pages
  • Format: Microsoft Word
  • Views: 130
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

The research was meant to assess the effects of product positioning on company performance. A case study of Grain Marketing Board Zimbabwe was used. The objectives of this study were to assess consumers brand association of the Silo products, to evaluate the impact of Silo brand communication on brand awareness and to assess if Silo brand identity matches consumer perceptions. Literature gaps were identified on the areas like the match between brand identity and consumer perceptions. There were very few scholars that did the reseach on this area. In this reseach, exploratory and descriptive research design was used. The researcher used non probability sampling techniques which were convenience sampling and judgemental sampling. Judgemental sampling was used in the administering of questionnaires to employees while convenience was used while administering questionnaires to customers. A sample of 180 respondents was used and it contains 5 management, 5 wholesalers, 19 employees, 19 retailers and 132 individual customers. Consumers have a negative perception towards the Silo brand. Responses from the questionnaires show that the Silo brand is associated with poor quality and the company relies heavily on salespeople and exhibitions to communicate the Silo brand to the market. Brand awareness of the Silo brand is poor since it was noted that customers could not distinguish the Silo brand logo from competitors. Moreover the Silo brand identity mismatches with consumer perceptions. The perceptions of the customers’ shows that customers have no trust in G.M.B products and that they associate the brand with poor quality. Moreover they said the brand has no unique products and also that the products have short shelf life. Also they complained that even their unique selling proposition is not matching with consumer perceptions. The researcher recommends that G.M.B should run away from the features/attributes approach of product positioning which emphasise a lot on the unique features of products and services and should rather adopt competitor’s approach of product vi positioning where it deliberately compares itself to competitors as a means of gaining the competitive advantage.

The Effects of Product Positioning on Company Performance. A Case of Grain Marketing Board.
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Marketing
  • Project ID: MKT1044
  • Access Fee: ₦5,000 ($14)
  • Pages: 87 Pages
  • Format: Microsoft Word
  • Views: 130

500
Leave a comment...

    Related Works

    ABSTRACT The research was meant to assess the effects of product positioning on company performance. A case study of Grain Marketing Board Zimbabwe was used. The objectives of this study were to assess consumers brand association of the Silo products, to evaluate the impact of Silo brand communication on brand awareness and to assess if Silo brand... Continue Reading
    ABSTRACT This study was meant to realise and uncover the effectiveness of rebranding on consumer purchasing decisions, with Grain Marketing Board as the case study. The objectives set aimed to assess the impact of the new package and logo of the products, to assess the perceptions of consumers towards new packages as well as to establish the... Continue Reading
    ABSTRACT This study is a research into “An Evaluation of Product Positioning for marketing Idomie Breakfast Noodle in Enugu. The study seeks to find out how product positioning helps the firms in achieving greater part of its sales objectives. In an attempt... Continue Reading
    THE IMPACT OF PERSONAL SELLING IN THE MARKETING PERFORMANCE PRODUCT (A Case Study of Universal Company Plc Rivers State). ABSTRACT In our locality where the patronage of industrial product is not common on high, firm involve must devise means to keep their head above water in terms of sales and cost of making sales. The marketing performance of... Continue Reading
    THE EFFECT OF PERSONAL SELLING IN THE MARKETING PERFORMANCE PRODUCT (A CASE STUDY OF FIRST ALUMINIUM EXTRUSION COMPANY PLC RIVERS STATE). ABSTRACT In our locality where the patronage of industrial product is not common on high, firm involve must devise means to keep their head above water in terms of sales and cost of making sales. The marketing... Continue Reading
    ABSTRACT Promotional mix variables differ in effectiveness in generating consumer interest and influencing purchase decision.  In this study, an attempt is made to evaluate the effectiveness of advertising, one of the promotional mix element used by NASCO group of companies, Jos.   Current, NASCO household products are market leaders in most... Continue Reading
    ABSTRACT Promotional mix variables differ in effectiveness in generating consumer interest and influencing purchase decision.  In this study, an attempt is made to evaluate the effectiveness of advertising, one of the promotional mix element used by NASCO group of companies, Jos.   Current, NASCO household products are market leaders in most... Continue Reading
    ABSTRACT This study is a research into The Effect of Market Segmentation and Positioning on Company Performance in Selected Textbook Publishing firms in Owerri.  The study seeks to find out how market segmentation and product positioning helps the firms in achieving greater part of it’s sales objectives.  In an attempt to carry out the study... Continue Reading
    THE EFFECT OF MARKET SEGMENTATION AND POSITIONING OF COMPANY PERFORMANCE ABSTRACT This project work was an attempt to investigate the effect of market segmentation and position of company performance. The main objectives were:- The main objectives were: To know what market segmentation and positioning is al about as it involves the company under... Continue Reading
    ABSTRACT This study is a research into the effect of market segmentation and positioning on company performance in selected textbook publishing firms in Owerri. The study seeks to find out how market segmentation and product positioning help the firms in achieving greater part of it’s sales objectives. In an attempt to carry out the study... Continue Reading
    Call Us Get this work