CHAPTER ONE
1.0 INTRODUCTION
Nigeria like every other developing countries of the world view sales promotion as one of the major policies for her company and industrial development. These reason are advised in support of this thinking.
First; it suggest that industries offer more employment opportunities to the mass population in the country.
Secondly, sales promotion is implement to attract new customer, to hold present customers to counteract competition and to take advantage of opportunities that are revealed by market research. It is made of activites , both outside and inside activities to enhance company sales. Outside sales promotion activities include advertising, publicity, public relation activities and special sale events. Inside sales promotion activities include window displays, product and promotional material display and promotional programs such as premium award and contest.
Thirdly: Sales promotion earn foreign exchange to the company a nature at large. Sales promotion in Nigeria context seem to be difficult to practice by the industries or company. This is because the feel reluctant to invest in sales promotions, they all nausea the feeling that is a waste of accumulate interest and furthermore, this sales industries find it difficult to go into a large sales promotion could be traced easily from the flourishing enterprises and small scale industries.
Fourthly, Sales promotion includes several communication activities that attempt to provide added value or incentives to consumers, wholesalers, retailers or other organization customers to stimulate immediate sales. These efforts can attempt to stimulate product interest, trial or purchase.
Therefore, it is no doubt that when consumers are aware of a product they would like to try it thereby increasing the awareness of the company product.
1.1 Background of the Study
Dr. Iguedon Goko cleanser is one of the companies that realize the impact of sales promotion and sales attest, the impact of sales promotion to the sale managers replying to a questionnaire which states that the volume of sales they previously make before they embark in a sale promotions has new doubled thereby making up for the capital invested.
A good sales promotion help a company gains a household name within inside and outside the town in question.
Through this sales promotion the consumer will be aware of the location or the depot location of the company. It is also through the promotion that the position of the company is known and the ways of improving it and updating the product to be generally accepted by the producers and consumers.
1.2 Statement of the Problem
Sales promotion is not an effective promotion for the purchase intent. Other problem are as follows:
· Organization usually encounter problems such as lack of management, known how not appointing the right and experience marketers or sales promotion experts. More sales promotion carried out by organization are usually badly organized and implemented which leads to the aim being defeated thereby having a direct effect on sales volume and profit. This problem of low sales and low demand have promoted producers to use sales promotion to compliment the use of other promotion mixes like advertising, personal selling, publicity and public relations.
· What is the level of patronage as regard the effectiveness of the promotional strategy? If the company sales promotion does not have a good patronage for the product , it will lose its target audience.
· Also, the research seek to find out the most suitable method of sales promotions of a product to enhance its acceptance by consumers.