THE ROLE OF MARKETING INFORMATION SYSTEM IN THE MARKETING OF NEW PRODUCTS IN ENUGU METROPOLIS.
This study is on the role of marketing information system in the marketing of new products in Enugu metropolis, a study of omo multi active bar soap made by Unilever Nigeria Plc. The researcher has the following objectives: To find out if marketing information system helps Unilever in serving it’s customers better. To determine the impact of marketing information system on customer’s patronage of Omo Multi active bar soap. In solving the research problem, both primary and secondary data were collected. The instruments used in collecting the data were questionnaires and personal interview guide. The respondents comprises of the customers distributors and relevant staff and management of Omo multi active bar soap. Topman’s formula was used to determine the sample size of the customers of the bank while census was used for relevant management ans staff of the company. In organizing and presenting data collected, tables, percentages were used. The hypotheses were tested using chi square. Data analysis and hypotheses testing gave the following findings. That the use of marketing information system by Unilever plc, Enugu creates customers awareness of their products. Customers awareness of their products. That the use of marketing information system by Unilever Nigeria Plc, Enugu led to serving their customers better. Based on these, the researcher recommended that, organizations including Unilever Nigeria plc, should recognize that for efficient and effective performance, information is needed hence, the need for marketing information system. Unilever Nigeria Plc should provide computers and other necessary materials. These will not only help them in offering quality services but also in taking effective decisions.
TABLE OF CONTENTS
Title page i
Approval page ii
Table of contents vi
1.1 Background of the study 1
1.2 Statement of the problem 4
1.3 Objectives of the study 5
1.4 Research questions 6
1.5 Formulation of research hypotheses 7
1.6 Significance of the study 9
1.7 Scope/delimitation of the study 10
1.8 Definition of terms 11
REVIEW OF RELATED LITERATURE 15
2.1 Overview of marketing information system 15
2.2 Benefits of marketing information system 22
2.3 The need for marketing information system 23
2.4 Components of marketing information system 26
2.5 Organizational problems of MIS 38
2.6 Factors determining the effectiveness of MIS 40
2.7 Implication for MIS 42
RESEARCH METHODOLOGY 46
3.1 Sources of data 46
3.2 The population of the study 47
3.3 Determination of sample size 47
3.4 Sampling technique 48
3.5 Research instrument 49
3.6 Validity and reliability of the instrument 49
3.7 Method of data treatment and analysis 50
3.8 Limitations of the study 50
DATA PRESENTATION AND ANALYSIS 52
4.1 Data presentation 52
4.2 Test of hypotheses 60
DISCUSSION OF FINDINGS, RECOMMENDATIONS AND CONCLUSION
5.1 Summary of findings 69
Appendix I 73
Appendix II 74
1.9 BACKGROUND OF THE STUDY
The formulation of a successful marketing strategy hinges upon the extent of knowledge on two key points, that is, the opportunities open to the enterprise and the resource available, it depends therefore on the amount and quantity of information emanating from both external and internal sources of the organization. According to Adirika, et al (2003: 18), the purpose of information marketing system is to determine and provide ass efficiently, effectively and economically as possible, what management needs to know. It should facilitate the accomplishment of objectives prevent failures to reach objectives and correct conditions which hamper the fulfillment of objectives.
Information aids decision making by marketing executives and it is an essential ingredient for planning and controlling of business operation both at the strategic and tactical level of management and also provides the means for assessing results of specific course of action. It also provide facts with which to steer business operation along the dynamic economic factors, by making tactical adjustments to control some variables, hearing to the realization of the desired objectives. Information also helps the management to assess uncertainty and reduce the risking decision making.
According to Stanton (1999: 312), marketing information system is an interacting, continuing future oriented structure of people, equipment, and procedures designed to generate and process an information flow to aid managerial in decision making in a company’s marketing program.
According to ADirika, et al (1999: 29) marketing information system I an interacting, on going future oriented complex of people, equipment and procedure designed to generate and process information flow in order to facilitate decision making in the overall marketing program of a company.
Kotler (2002: 313) saw it as continuing and interacting structure of people, equipment and procedures to gather, sort and analyze, evaluate and distribute pertinent timely and accurate information for us by marketing decision makers to improve their marketing planning, implementation and control.
The marketing information system is operating on a continuing basis and is intended to anticipate and prevent problems as well as to solve them. The MIS is future oriented and is designed to meet the information needs of decision makers. For this purpose, objectives and goals must be established, the information needed to evaluate performance must be determine and effective mechanism must be developed and installed.
1.10STATEMENT OF THE PROBLEM
The increased complexity of business calls for more data and for better performance. Markets are no longer local but international in scope. The organization that previously may have had firm control of its business in a limited area, now finds itself on uncertain grounds when competing with similar organization around it, this is a problem in most organizations as investigation by the researcher. The MIS as a critical element in the effective marketing has implications on marketing planning. Planning involves setting out objectives. Most often these objectives and policies do not go in line these with the firm’s mission.
Another problem discovered by the researcher is the fact that most firms or organization either have not adopted the use of computers in their diverse work or their system of operation with their computers is ineffective. This extensively affects productivity and growth.