ADVERTISING STRATEGY IN A COMPETITIVE BUSINESS ENVIRONMENT

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PROPOSAL

  This project is written to discuss on advertising strategy in a competitive business environment, advertising by Nigeria Bottling company (PLC) as case study advertising consists of paid message designed to inform or persuade buyer or idea by the identified sponsor. Meanwhile, strategy can be seen as the technique used to perform activities. Advertising strategy is a philosophy designed to accomplish the stated advertising goals.

INTRODUCTION

   It is important when discussing advertising to be fully aware of what advertising is all about Advertising definition are as numerous as the number of advertisement available in the mass media but there is yet to be a universally accepted definition. Advertisement is seen daily on television, Newspapers, Magazine, Radio and Posters e.t.c.

STATEMENT OF PROBLEM

   In the project work, answer will be provided to the following research problem.

  1. What is advertising?
  2. What are the reasons for advertising?
  3. What are the functions of advertising?
  4. What are the function of advertising?
  5. How do we budged for advertising?

OBJECTIVE OF STUDY

        The objective of the study is to highlight the importance of many researches works to various groups what really brought about this topic is the challenge encounter during the course of study and again there has not been a real precision in the study of advertising strategy in a competition business environment.

THE SIGNIFICANCE OF STUDY

      Nigeria Bottling Company that engages in planning an advertising strategy through various method will study will finds the research very useful in planning their day-day operation. In a way the study is a crucial review of the role in adverting strategy in competitive business in the Bottling Industries.

SCOPE OF STUDY

     Owing to time and financial constrains one will not be able to involve other companies that are in soft drink bottling business. No matter  how important the are study. They are a lots of factors which limits the researcher ability in carrying out a wider study of research out of which the following major  factor External and internal factors

  The chapter of this project topic consists five chapter

  1. Chapter one: based on introduction, statement  of problem, objective of the study e.t.c
  2. Chapter two discuss about literature review, the role of advertising in a environment tyes of adverting strategies, media for advertising etc.
  3. Chapter three : base research methodology, research population definition, research design etc.
  4. Chapter four: base on data presentation and analtsis.
  5. Chapter five: finding, summary etc.

Finally: conclusion and recommendation will be made at the chapter of the research work.

Table of content

Chapter one

  1. Introduction
    1. general statement of problem
    1. objective of the study
    1. significance of the study
    1. scope of the study and limitation
    1. limitation of the study
    1. historical background of the case study
    1. definition of terms

Chapter two

  • Limitation Review
    • The Role Of Advertising in a environment
    • types of advertising strategies
    • budgeting of advertising expenditure
    • form o0f advertising
    • media for advertising
    • bases for media selection magazine

Chapter three

3.0. Research methodology

3.1. Research population definition

3.2. Research design

3.3. Data collection method

3.4. Method of data analysis and presentation

Chapter four

  • presentation and analysis of data
    • the soft drinks in Nigeria and NBC’s market share
    • the rational for advertising in Nigeria bottling company
    • the advertising strategy adopted by Nigeria bottling company
    • the effect of strategy on Nigeria bottling company performance
    • advertising problem of Nigeria bottling company

Chapter five

  • summary of finding
    • conclusion
    • recommendation

CHAPTER ONE

  1. INTRODUCTION

It is important when discussing advertising to be fully aware of what advertising is all about. Advertising definition are as numerous as the number of advertisements available in the mass median but there is yet to be a universally accepted definition. Advertisement is seen daily on television, newspapers, magazine, radio, posters e.t.c. It the question “What is advertisement? I asked, the common commercial seen or heard readily comes to mind. But there is much more to advertising that exists and experienced by every one.

          It could mean different things to different people. To some, advertising is a profession, a business tool to many and a form of communication to almost every one. And like communication advertising is either good or bad. It is amusing, entertaining, useful, boring, wasteful deceptive an intrusion, silly, or a necessity. There are as many perspectives to advertising as there are individuals. For it is the gains or losses from it that shade individuals perception. These who gain from advertising would always control its virtues many definitions to be given while those who have nothing to gain from it would surely hold negative views about it. Advertising is much like electricity, it is greatly known and also the uses, but to define it successfully are not easy.

          In a study “the consumer view of advertising” carried out in 1974 by the American Association of Advertising Agencies. For as more than half of the respondents described advertising as a channel of information from manufacturers to consumers. More than a third of this representative sampling of consumers defied advertising as a form of salesmanship or persuasion. Some defines advertising as manipulation propaganda and misleading. Many scholars professional bodies sand association had given various definition of advertising with minor differences. However, it is note worthy that each definitions is unique on its own. Hence we can say advertising is a complex field.

          A more comprehensive definition was provided by the American Marketing Association (ASMA) which says advertising is any paid form of non personal presentation and promotion of goods services or ideals by identified sponsor. This definition is widely accepted. It is acceptable simple because of key element it provided.

ADVERTISING STRATEGY IN A COMPETITIVE BUSINESS ENVIRONMENT