Preview

Organisational Strategic Marketing Policies and Its Impact on Customers' Brand Loyalty. a Comparative Study of Glo Mobile and Mtn.

Good Essays
Open Document
Open Document
1405 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Organisational Strategic Marketing Policies and Its Impact on Customers' Brand Loyalty. a Comparative Study of Glo Mobile and Mtn.
RESEARCH PROPOSAL

TOPIC:
Organisational strategic marketing policies and its impact on customers brand loyalty.
(A comparative study of Glo mobile and MTN)

BY
OLASUPO GBENGA MICHAEL
081002809
DEPARTMENT OF BUSINESS ADMINISTRATION
UNIVERSITY OF LAGOS

MARCH 2013

1.1 INTRODUCTION
In our world today, the main objective of any business concern is to make profit but many organisations find it difficult to meet customers’ needs let alone to enjoy their loyalty due to the challenges of marketing operations in an environment.

The environment of any business has an influence on it success and it determines the performance of operation of such business organisation. The complexity of business environment be it business enterprises, corporate entities or even manufacturing industries are all struggling for survival especially those that are highly competitive like in the telecommunication face an uphill task in their quest to survive business competition with their rivals most especially when it has to do with the sales and marketing of their goods, services or brand. In other to give them self a competitive edge and advantage over the rival company/ companies.

Telecommunication industries have their share in peculiarity of environment like their counterparts aside its capital intensive factor, other factors such as economic, political, socio cultural and others which are uncontrollable by the organisation cannot be over emphasised. The marketing environment also poses a lot of threat to the survival of organisation in terms competitors, price ranges, and promotion abilities and so on. It is worthy of note that these factors are not constant they keep changing over time. Hence for a Telecommunication company to use strategic marketing effectively in other to win customers’ brand loyalty, it must in addition to having the cognizance of these factors and be able to adapt to the changes.

Haven the cognizance of this makes a company to adopt strategic marketing



References: Paul H. Rigby; Conceptual Foundations of Business Research; (New York: John Willey $ Sons; inc; 1965). Pg 20- 27

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mkt/571 Week1

    • 646 Words
    • 3 Pages

    Marketing deals with identifying and meeting human and social needs. One of the shortest definitions of marketing is “meeting needs profitably (University of Phoenix Library, 2013)”. The management of the company needs to take in the consideration that there are different customer segments with different expectations. Some of them are interested in low prices while another’s are concerned with the quality of the service.…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Hsa 505 Assignment 3

    • 2334 Words
    • 10 Pages

    In any kind of business, a customer is always considered as the greatest asset. No business can survive without customers. This is the reason why businesses, organisations and companies must ensure that they win the attention of their customer through the use of customer satisfaction strategies. There are many different ways in which customers can be attracted and retained. One of the most common ways is through offering goods and services which are of high quality to the customers. Customers are always on the lookout for business persons who can offer them value for their money.…

    • 2334 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    As a Manager, we all know customer loyalty is all about attracting the right customer, getting them to buy, buy often, buy in higher quantities and even bring you more customers,…

    • 594 Words
    • 3 Pages
    Good Essays
  • Better Essays

    References: Cooper, D., & Schindler, P. (2011). Business research methods (11th ed.). New York, NY:…

    • 1062 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Loyal customers can and should be the foundation for marketing strategy. Beyond the profit they generate, loyal customers provide the basis for brand development and improvement. The brand that loses sight of its loyal customers has lost its direction, and is prone to lose its market share. Brand loyalty “means people won’t go elsewhere, even if the competition offers lower prices. It keeps revenues high and retains market share. You can see why brand loyalty is a priority for any business” (Goodson, Scott, 2011, p 2).…

    • 755 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Bus640

    • 1169 Words
    • 5 Pages

    References: Cooper, D.R. & Schindler, P.S. (2011). Business Research Methods (11th Ed.) McGraw-Hill Irwin, New York, NY.…

    • 1169 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Res 351

    • 3122 Words
    • 13 Pages

    References: Schindler, D. C. (20011). Business Research Methods (11th ed.). In a. P. D Cooper. New York, NY: McGraw-Hill/Irwin.…

    • 3122 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Shank M. D. (2009). Sports Marketing: a Strategic Perspective 4th Addition. Pearson, Prentice Hall. Upper Saddle River, New Jersey.…

    • 975 Words
    • 4 Pages
    Better Essays
  • Good Essays

    References: Cooper, D. R., & Schindler, P. S.. (2011). Business Research Methods. (11th ed.). New York,…

    • 1489 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    In order to profitably satisfy customer needs, an organisation must understand its external and internal situation including the customer, the market and its own capabilities. Furthermore, it needs to understand and adapt to the dynamic and uncontrollable factors of the environment in which it operates.…

    • 4696 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Marketing is a management function which involves creating, communicating and delivering value for an organisation’s customers (Kotler, Brown, Burton, Deans & Armstrong (2010). Although many earlier academics define marketing as merely a process of satisfying customer needs in order to gain profits, more recent developments of the definition include its inherent connection with delivering superior value to customers in order to maintain ongoing relationships (Webster, 1992).…

    • 1702 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    In today’s highly competitive business environment, the remarkable increase in the number of companies is becoming a problem. Due to this situation and also diversity in customer demand, business people are required to contemplate how to establish strategies to gain new potential customers or to maintain existing customers. Caceres and Paparoidamis (2007) identify that the cost of acquiring new customers is considerably greater than the cost of retaining existing customers. It could be said that it takes less money to keep your current customers happy than to attract new ones. Therefore, most firms’ programs have heavily focused on customer retention or, in other words, the management of customer loyalty. A significant amount of research asserts that recognition of factors that influence customer loyalty is fundamental for firms. Particular elements proposed in this essay include customer satisfaction, customer service, and word-of-mouth. This essay argues that it is essential for a company to consider how these factors work inter-dependently to create customer loyalty. It will discuss the important elements that influence customer loyalty in business-to-business (B2B) relationships and also look at their relative effectiveness. Finally, it will prove that the individual factors cannot be evaluated in isolation and only operate effectively as a whole.…

    • 2712 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Consumer Yahoo Case Study

    • 641 Words
    • 2 Pages

    References: Cooper, D. R., & Schindler, P. S. (2011). Business Research Methods, 11th ed. McGraw-Hill/Irwin.…

    • 641 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Bryman, A. & Bell, E. 2007. Business Research Methods, 2nd ed. Oxford: Oxford University Press.…

    • 7434 Words
    • 30 Pages
    Powerful Essays
  • Satisfactory Essays

    Dtac Business Analysis

    • 38437 Words
    • 154 Pages

    Date: Program: Course Authors Teacher Title Strategic question Purpose 2008-05-26 International Marketing Master Thesis International Marketing (EF0705) Parunya Vanasakul Ploychompoo Wankeao Supisra Arayaphong (830422) (850418) (831102) Tobias Eltebrandt The battle of DTAC in Thailand’s mobile phone operator market How can DTAC gain higher market share by focusing on customers in Bangkok? The purpose of this research is to investigate, analyze current competition between DTAC and other competitors with customer insight in order to find out the possibility for DTAC to gain more market share in Thai telecommunication market by focusing on customers in Bangkok area. Researchers apply ‘Business Strategy theory and Marketing mix for service company or 7Ps’ to answer the strategic question by collecting primary data from questionnaire and interview, while the secondary data are collected from various reliable sources. The analysis of the data has been preformed in accordance with the chosen theories and summarized in a table, which serves a tool for deriving reliable and relevant conclusions. Our Master Thesis’ analysis and conclusion will contribute very positive benefit and useful information towards Total Access Communication Public Company Limited (DTAC). Researchers strongly believe that the company’s intend to use this study as a base for their further business strategies. We also consider that our research could give general guidance and will be of benefit to marketers in similar fields on how to analyze competitive environment. From the result of internal and external evaluation matrix, DTAC can gain advantage of the opportunities and reduce negative effects from the threats as well as reinforce the strengths and minimize the weaknesses efficiently. As a consequence, in order to gain higher market share in Thai mobile phone market, DTAC has to improve the overall elements of marketing mix for service company (7Ps) substantially. To enhance competitive…

    • 38437 Words
    • 154 Pages
    Satisfactory Essays

Related Topics