SOCIAL MEDIA MARKETING AND MARKETING PERFORMANCE OF SELECTED ENTREPRENEURS IN ABIA STATE, NIGERIA

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ABSTRACT

The primary aim of this study is to examine how social media and electronic marketing influence the marketing performance of MTN Nigeria. The study adopted a survey design approach. The researcher utilized a multi-stage probability sampling method. Abia State was divided into three educational zones: Abia North, Abia Central, and Abia South. From each zone, 50 respondents were selected, resulting in a total sample size of 150.

Primary data were collected through structured questionnaires featuring open-ended questions. The data for this study were primarily sourced from responses to the administered questionnaires. The primary data from the respondents were analyzed using SPSS Version 20, employing simple regression and Pearson Product Moment Correlation models. Objectives (i) to (iii) were analyzed using simple regression, while objectives (iv) and (v) were analyzed using correlation.

The study revealed that search engine optimization significantly impacts customer patronage, digital advertising significantly increases sales volume, and social media marketing significantly enhances profitability for small scale enterprises. These findings underscore the importance of strategic digital marketing practices.

The research concluded that: Search engine optimization is crucial for improving customer patronage; Digital advertising plays a vital role in increasing sales volume; Social media marketing is essential for boosting profitability.

Based on the findings, the study recommends: Entrepreneurs should prioritize search engine optimization to enhance customer patronage; Digital advertising strategies should be intensified to increase sales volumes; Social media marketing should be leveraged to improve profitability, ensuring that businesses remain competitive and profitable in the digital age.

 

 

 

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1        Background to the Study

1.2        Statement of Problems

1.3        Objectives of the Study

1.4        Research Questions

1.5       Research Hypotheses

1.6       Significance of the Study

1.7        Scope of the Study

1.8        Definition of Terms

 

CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.1       Conceptual Framework

2.1.1    Definition of Social Media Marketing Concept

2.1.2    Strategies for Social Media Marketing

2.1.2.1 Passive approach

2.1.2.2 Active approach

2.1.2.3 Engagement

2.1.3    Purposes and Tactics of Social Media Marketing

2.1.3.1 Twitter

2.1.3.2 Facebook

2.1.3.3 Google+

2.1.3.4 LinkedIn

2.1.3.4 Whatsapp

2.1.3.5 Yelp

2.1.3.6 Foursquare

2.1.3.7 Instagram

2.1.3.8 YouTube

2.1.4    Social Bookmarking Sites

2.1.4.1 Blogs

2.1.4.2 Tumblr

2.1.5    Meaning, Concept and Development of E-Marketing

2.1.6    The Importance and Scope of E-Marketing

2.1.7    The Challenges of Social Media and E-Marketing

2.1.7.1 Affordability                  

2.1.7.2 Knowledge of the System

2.1.7.3 Likelihood of Unemployment

2.1.8    E-Marketing Strategies

2.1.9.   Types of E-Marketing

2.1.10 Small and Medium Scale Enterprises

2.1.11   Information Communication Technology (ICT) and Small Business

2.2       Theoretical Model and Framework

2.2.1    Social Media and E-Marketing Model

2.2.2    Viral Marketing Theory

2.2.3    E-Promotion Theory

2.2.4    Electronic Customer Relationship Marketing (ECRM) Theory   

2.2.5    Permission Marketing Theory

2.2.6    Database Marketing Theory

2.3       Empirical Framework

2.4       Summary of Related Literatures Reviewed

 

CHAPTER THREE

RESEARCH MEHODOLOGY

3.1       Research Design

3.2       Study Area

3.4       Sample size and Sampling Plan 

3.5       Data Collection Procedure

3.5.1   Instrument

3.5.2    Source of Data

3.6.3    Validity

3.5.4      Reliability

3.6       Data Analysis Technique

3.5.5      Model Specification

 

CHAPTER FOUR

RESULTS AND DISCUSSION

4.1       Questionnaire Administration

4.2       General Data

4.3       Hypotheses Testing

4.3       Results and Discussions

 

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

5.         Summary

5.2       Conclusions

5.3       Recommendations

REFRENCES

APPENDIX: RESEARCH   QUESTIONNAIRE

 

 

 

 

 

 

 

CHAPTER ONE

INTRODUCTION

1.1        Background to the Study

Social media marketing is the use of social media platforms and websites to promote a product or service. Most of these social media platforms have their own built-in data analytics tools, which enable companies to track the progress, success, and engagement of ad campaigns. Companies address a range of stakeholders through social media marketing including current and potential customers, current and potential employees, journalists, bloggers, and the general public (Bampo, Michael and Dineli, 2008).

On a strategic level, social media marketing includes the management of the implementation of a marketing campaign, governance, setting the scope (e.g. more active or passive use) and the establishment of a firm's desired social media "culture" and "tone". To use social media effectively, firms should learn to allow customers and Internet users to post user-generated content (e.g., online comments, product reviews, etc.), also known as "earned media", rather than use marketer-prepared advertising copy. While social media marketing is often associated with companies, as of 2016, a range of not-for-profit organizations and government organizations are engaging in social media marketing of their programs or services (Bourkas, Savvi and Feng, 2008).

Social media itself is a catch-all term for sites that may provide radically different social actions. For instance, Twitter is a social site designed to let people share short messages or “updates” with others. Facebook, in contrast is a full-blown social networking site that allows for sharing updates, photos, joining events and a variety of other activities. Social media often feeds into the discovery of new content such as news stories, and “discovery” is a search activity. Social media can also help build links that in turn support into SEO efforts. Many people also perform searches at social media sites to find social media content. Social connections may also impact the relevancy of some search results, either within a social media network or at a ‘mainstream’ search engine (Campell, Leyland and Pierre, 2011).In the past decade, marketers used the internet as a communication tool but as time passed; they realized the true potential of internet and the idea of e-marketing evolved. Smith and Chaffey (2005), gave a short and basic definition of E-marketing as “Achieving marketing objectives through the use of electronic communication technology”.

According to Hoge (2003), e-marketing (EM) “is the transfer of goods and services from sellers to buyers that requires one or more electronic methods or media. E-marketing began with the use of telegraphs in the nineteenth century with the advent and mass acceptance of the telephone, radio, television and then cable, electronic media have become the dominant marketing force. Hoge’s (2003), idea of E-marketing is simple but it does not touch the important aspect of customers’ relationship. Strauss and Ansary (2006), defined E-marketing as the use of information technology in the process of creating, communicating and delivering value to customers, and for managing customers’ relationships in ways that benefits the organization and its stakeholders. This explanation tells us that e-marketing is not only about selling product or providing series through information technology but it does more than that. It is not just traditional marketing using the information technology tools but it is a strategic model to achieve brand value and provide customer satisfaction. On Market Conscious.com (2006), the author simply stress on a website URL, in marketing effort. A clear and very complete definition of E-marketing has been given on an educational website; it says “moving element of marketing strategies and activities to a computerized networked environment such as the internet or through digital tools. (aced.Osu.edu/programs.e.agbe/page glossary/main.ntml, 2006).

From the above definitions, the idea of E-marketing can be derived as a type of marketing in which objectives are achieved through the use of electronic  communication tools like internet, interactive TV and mobile phones where online marketing is just limited to the use of internet technology to attain marketing objectives.

There are many E’s circulating in the text that is quit a confusing matter; E-commerce, E-business and E-marketing. E-commerce is commonly thought to include e-trading, online banking and shopping. It involves transaction where buyers actually buy and shoppers actually shop (Smith, 2002). Others suggest that E-commerce is any transaction such as a support enquiry or an online catalogue search. Hanson (2005), explain that different activities over the internet can be group according to their type.

E-business according to Strauss and Ansary (2006), is bigger than e-commerce. They reckon e-commerce as a subject of e-business. Strauss and Frost (2006), explains in their book that e-business has a broader perspective. It involves automation of all business processes in the value chain from procurement or purchasing of raw materials to production, to stock holding distribution and logistics, to sale and marketing, after sales, invoicing, debt collection and more. It includes e-marketing and e-commerce.

E-marketing is at the heart of e-business adding value to product, widening distribution channels, boosting sales and after sales services, while getting closer to customers and understanding them better. It is on this note that Chaffey (2003), defines E-marketing as “applying digital technologies which form online channels (web, e-mail, databases, plus mobile/wireless and digital TV to contribute to marketing activities aimed at achieving profitable acquisitions and retention of customers (within a multi-channel buying process and customers lifecycle through improving our customer knowledge of their profits, behavior, value and loyalty) (http//www.wnim.com/archive/issue214/e-marketingntml, 2006).

Chaffey, (2002) definition reflects to the relationship marketing concept, it emphasize that it should not be technology that drives e-marketing but the business model. It also stresses that e-marketing is not effectives when used with other conventional communications channels. Chaffey, (2002), also reckons that any communication or message to the customer must be personalized and each buyer must be tested distinctly (http//en.wikipedia.org/wiki/E-marketing, 2006).


1.2        Statement of Problems

The realization of the impact of effective social media and e-marketing in marketing performance of MTN Nigeria is a welcome development. Hence, there is a changing paradigm or focus where new realities make business organization to move from general marketing to social and electronic marketing for relationship marketing.

Increasingly, a key goal of marketing is to develop deep, enduring relationship with all people or organization that could directly or indirectly affect the success of the firms marketing activities. Most organizations fail to develop this enduring relationship with their stakeholders. They fail to build mutually satisfying long-term relationship with key customers, shareholders, employees and other parties.

Again, some other firms fail to understand the capabilities and resources of different groups as well as their needs, goals and desires. They fail to shape, separates offers, services and messages to individual customers. They fail to understand that they can only achieve profitable growth through larger share of each customer transactions by building high customer loyalty and focusing on customer lifetime value.

Furthermore, the practice of social media and electronic marketing to enhance one-to-one marketing is not yet prominent in most electronic vendors. So far, these electronic vendors have realized the need to deal with customers needs at a time, as a result of advances in vendors customization, computers, the internet and database marketing software; by that the required investment in information collection hardware, and software many exceed the payoff.

Some others face the problem of new marketing realities in changing demographic, government policies, more sophisticated competitors and over capacity in the manufacturing firms industry. Thus, their cost of social media and electronic marketing to customers is rising as some others keep moving from one vendor to another due to lack of customer satisfaction arising from poor customer management relationship.

In the same dimension, there is increased competition the marketing performance of electronic product vendor firms. This is in addition to the problem of having a deeper understanding of consumer needs due to changes in customer taste and preferences. This has made it difficult to establish customer loyalty in the long run. This study therefore is used to examine these problems and to find solutions.


1.3        Objectives of the Study

The broad objective of this study is to examine how social media and electronic marketing can help in the marketing performance of MTN Nigeria.

The specific objectives are to:

      i.         determine the effect of face book on sales turnover of MTN Nigeria

     ii.         evaluate the effect of twitter marketing on customer satisfaction of MTN Nigeria

   iii.         analyze the relationship between YouTube and customer loyalty in MTN Nigeria;

   iv.         analyze the relationship between Intsgram and the market share of MTN Nigeria.


1.4        Research Questions

The following questions were designed to guide the research study.

i.               What is the effect of face book on sales turnover of MTN Nigeria?

ii.              What the effect of twitter marketing on customer satisfaction of MTN Nigeria?

iii.            What is the relationship between YouTube and customer loyalty in MTN Nigeria?

iv.            What is the relationship between Intsgram and the market share of MTN Nigeria


1.5       Research Hypotheses

The following null hypotheses were formulated to guide the study:

Ho1:    Face book has no significant effect on sales turnover of MTN Nigeria

Ho2:    Twitter has no significant effect on customer satisfaction of MTN Nigeria

Ho3:    There is no significant relationship between YouTube and customer loyalty in MTN       Nigeria

Ho4:    There is no significant relationship between intsgram and the market share of MTN Nigeria.


1.6       Significance of the Study

The significance of this research study lies in the attempt to determine the impact of social media and electronic marketing on the marketing performance of MTN Nigeria However, it concerns the ascertainment of the contemporary challenges facing the of in MTN Nigeria as well as offering a way forward out of the problems.

Furthermore, this study at the completion will give the marketers of services insight into social media and electronic marketing on the relevance of twitter, facebook, intagramm etc as direct and relationship marketing platforms to their firm marketing performance. Also, it will still guide future researchers who may wish to carryout studies on the same area of study.

Further, it will broaden the knowledge of students on this topic and its impacts in an organization and finally to other marketing management aspects, the study will place them on their appropriate positions in the management of firms.


1.7        Scope of the Study

This study intends to analyze the effect of social media and electronic marketing as they relate to marketing performance of MTN Nigeria. The study will be limited to MTN Nigeria service providers and subscribers residing in Aba and Umuahia, Abia State. Therefore, it covers their resources control and management. Areas to cover will be the use of twitter, facebook, intagramm etc as direct and relationship marketing platforms. However, marketing performance indices will cover customer attraction, customer retention, sales volume and market share.


1.8                    Definition of Terms

a)    E-commerce: it is the buying and selling of goods and services on the internet especially the

b)    World Wide Web (www): Here a company offers to transact or facilitate the selling of product and services online.

c)     Viral Marketing: It is the use of internet to create words of mouth effects to support marketing efforts and goals.

d)    E-business: Electronic business is the use of electronic means and platforms to conduct a company’s business online. 

e)     Search Engine: It is a computer programme that helps a marketing manager to find information that is needed.

f)     Electronic Data Interchange (EDI): It is an approach that put information in a standardized format easily shared between different computer systems.

g)    Sponsored mobile post – Advertisements (Advertisers' blog posts) will show up on user's Dashboard when the user is on a mobile device such as smartphones and tablets, allowing them to like, reblog, and share the sponsored post.

h)    Sponsored web post – "Largest in-stream ad unit on the web" that catches the users' attention when looking at their Dashboard through their computer or laptop. It also allows the viewers to like, reblog, and share it.

i)   Sponsored radar – Radar picks up exceptional posts from the whole Tumblr community based on their originality and creativity. It is placed on the right side next to the Dashboard, and it typically earns 120 million daily impressions. Sponsored radar allows advertisers to place their posts there to have an opportunity to earn new followers, reblogs, and likes.

j)     Sponsored spotlight – Spotlight is a directory of some of the popular blogs throughout the community and a place where users can find new blogs to follow. Advertisers can choose one category out of fifty categories that they can have their blog listed on there.

k)    YouTube: YouTube is another popular avenue; advertisements are done in a way to suit the target audience. The type of language used in the commercials and the ideas used to promote the product reflect the audience's style and taste.  


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