WhatsApp or SMS: 07087083227
Click here to Get The Complete Research Project Chapter 1-5

Full Project – IMPACT OF BRANDING AND PACKAGING ON SALES TURN OVER OF NESTLE FOOD NIGERIA

Click here to Get this Complete Project Chapter 1-5

IMPACT OF BRANDING AND PACKAGING ON SALES TURN OVER OF NESTLE FOOD NIGERIA

CHAPTER ONE

1.0 INTRODUCTION

One element that has undergone tremendous change in the past decade is branding and packaging according to Rahim, liberalization by allowing for easy imports of printing technology. Made a vast difference to packaging and branding Simplistic, almost primitive packaging has given way to vibrant, colorful labels with more pictures. Packaging is also no longer meant merely for storage; the label nowadays addresses concerns about the product, ingredients shelf life and so on (Rahim 2002) .

According to Rahim, packaging is “now more a component of the brands image than ever” Tins and cartons have given way to sleek pouches, satchets and plastic containers. Therefore, we can define packaging as all activities of designing and producing the container for a product, the container is called the package.

Branding is a major issue in product strategy, perhaps the most distinctive skill of professional marketers in their ability to create, maintain, produce and enhance brand. Branding is the art and corner stone of marketing. The American marketing association defines a brand as a name, term, sign, symbol or design, or a combination of them intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors. Thus a brand identifies the seller or maker.

Branding has nothing to do with the design of a product which include both the intrinsic and entrinsic qualities of a product, that is packaging, textile, colour, names tastes and so on.

Branding is infact the composite of activities in establishing brand names, brand mark, copyright and the like. In the absence of branding, there cannot be any better described marketing situation than confastic marketing.

Therefore, when branding and packaging came, it becomes so strong that today hardly anything goes unbranded. Example salt is packaged in distinctive manufacturers containers or sacks, oranges are stamped with growers names, common belt and nuts are packaged in cellophane with distributors label and automobile companies, spark plugs, tyre, bear separate brand names from the auto makers.

The brand name and trade marks provide legal protection of improving product features which will otherwise be copied by competitors. moreover, branding gives the seller the opportunity to attract a loyal and profitable set of customers and also gives sellers some protection from competitors greater control in planning their marketing mix. All these make companies to spend a lot on branding and packaging with the sole aim of product differentiation and identification thereby changing the taste of customers as a result, making good sales turnover.

1.1 BACKGROUND OF THE STUDY

Branding and packaging has become an essential motivating factor in the area of sales turnover in any organization, whether manufacturers of industrial or consumer products.

The researcher choice of the subject matter was as a result of the keen interest he has on sales turnover especially the packaging and branding involves to identify the level of dependence of customers to this effort and to the organizations.

Hence, the impact of branding and packaging on sales turnover, of Nestle foods Nigeria Ltd.

The researcher also deliberated on the effectiveness, achievement and the results that branding and packaging has brought to the organization in terms of sales volume and profitability.

Nestle Plc began simple trading operation in Nigeria in 1961 and ha today grown in to a leading food manufacturing and marketing company. It is a publicly quoted company listed, since 1978, on the Nigeria stock exchange (now known as Lagos stock exchange) the main production units were designed in line with modern manufacturing method which ensure efficient production of the following products. NESTLE NUTREND, NESTLE CERELAC MAIZE AND NESTLE CERELAC CHOCOLATE, NESTLE GOLDENMORN, NESTLE MILO, CHOCOMILO, MAGGI CUBES, etc. nestle Nigeria Plc has its regional sales office in Lagos region, east region North-West region and north east region. It has its depot in Ibadan, Benin, Kaduna, Makurdi Kano, Aba and Jos.

1.2 STATEMENT OF THE PROBLEM

The issue of branding and packaging of food products in the Nigeria context can not be over emphasized, some are of the view that food product branding and packaging will constitute a problem to the society at large while other disagree with this issue. To be more precise, an example is that we have different types of soft drinks which, when consumed by the customers will give the same satisfaction, but the issue is, these products have to be branded so as to give each and every product its own identity that will differentiate it from others or rather its competitors.

1.3 OBJECTIVES OF THE STUDY

i. The main objective of this study is mainly to find out the role that branding and packaging play in enhancing consumer patronage to effect sales turn-over.

ii. The study will also look at ways that branding and packaging food products can be marketed.

iii. The research will also look at various aspects of branding and packaging.

1.4 SIGNIFICANCE OF THE STUDY

Similar studies might have been carried out in this area of human endeavour, however, the simple fact that business environment is never static, alot of changes might have rendered parts of the result of these findings obsolete.

This research work will be beneficial to the organization under review(Nestle Nig Ltd) as the researcher will search into various aspects of marketing branded and packaged food products within the organization to ascertain whether the huge amount of money spent to brand and package food products is justified.

The study is also expected to serve as a reference material for future research work in this important aspect of business administration as it can be consulted as a reference material especially if there is the need to improve on the study.

Others that the research work will benefit include lecturers, student and other researcher that may make reference to the project in future just as the researcher will review literatures of other authors in the course of this research work.

1.5 STATEMENT OF HYPOTHESIS

Hypothesis may be defined as a declarative statement of relationship between two or more variable used for better understanding of the problem of study. In other words, hypothesis are formulated in order to facilitate the conduct of the research.

From the beginning, the researcher advanced some theoretical assumption to guide the conduct of the project. Having carried out this study, it would be necessary to test and prove the validity of this assumption against findings. They are state as follows:

Ho: product branding and packaging does not influence product.

H1: product branding and packaging influences product.

1.6 SCOPE OF THE STUDY

The topic “effect of branding and packaging on sales-turnover” has a very wide dimension consequent to the vast nature of the topic. There fore, the researcher restricts his study specifically to Nestle (Nig) ltd.

The researcher also limits his research works on books and journals. To the researcher, such restrictions is to enable him come out with accurate findings as well as saving time and cost to be involved.

1.7 LIMITATION OF THE STUDY

When undertaking an academic work of this nature, one is bound to encounter a lot of problems in one way or the other. Some of the problems encountered are;

1. A number of respondents are not willing to cooperate, in filling the questionnaire, other that agrees to cooperate are not honest about their answers.

2. The manufacturer (Nestle Nig Ltd)whom the researcher consulted concerning the research work cooperated, but one problem encountered was their unwillingness to disclose monetary terms involved in branding and packaging of their products which they referred to as confidential.

3. Time constraint also possess another limitation which did not allow the researcher enough time to gather vital information to make the study a whole.

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for international clients.

Click here to Get this Complete Project Chapter 1-5

You can also check other Research Project here: