J.O. EJECHI

PRODUCT DIFERRENTIATION AND MARKET SEGMENTATION: A COMPARATIVE MARKET STRATEGY OF COCA-COLA NIGERIA PLC IN BENIN CITY

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Abstract
This study looked at how Coca-Cola Nigeria Plc's marketing strategy in Benin City was affected 0by product differentiation and market segmentation. The goal of the study was to ascertain how these tactics affect the company's competitive advantage, consumer preference, and marketing performance. Data was gathered from 400 respondents utilizing structured questions and a descriptive survey approach. Using SPSS version 29.0, the data were examined using multiple regression analysis, descriptive statistics, and Pearson correlation. The results showed that Coca-Cola's marketing strategy benefits considerably from product differentiation, suggesting that distinctive taste, packaging, and branding have a big impact on consumer behavior. However, market segmentation had a favorable but statistically negligible effect, indicating that without considerable distinction, segmentation by itself is not a reliable indicator of marketing success. The regression results also showed that the independent variables accounted for 28.1% of the variances in Coca-Cola's marketing strategy. The analysis comes to the conclusion that Coca-Cola's product diversification strategy, bolstered by modest segmentation initiatives, is the main factor driving the company's market success in Benin City. It suggests that Coca-Cola improve marketing efficacy and maintain brand competitiveness by fortifying its segmentation strategies and incorporating them with distinctiveness.
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co-supervisor

COMMUNICATION AND EMPLOYEES’ JOB SATISFACTION IN HOSPITALITY SECTOR IN BENIN CITY

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upload
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Abstract
This study investigated communication and employee job satisfaction of the hospitality
sector. Data were primarily sourced through the online administration of two hundred (200)questionnaire out of which same number (200) were found usable for the empirical analysis. The descriptive (frequency, mean and percentage) and inferential statistics (regression) were adopted for the study’s analysis. It was revealed that: there is a significant relationship between communication and employee job satisfaction in the hospitality sector; modern communication channels, such as social media and technology-mediated communication, significantly influence employee job satisfaction in the hospitality sector; and while organizational culture was found to significantly mediate or moderate the relationship between communication and employee job satisfaction in the hospitality sector, leadership styles did not. Based on these findings, it was recommended that: organizations should focus on enhancing their communication strategies; it is essential for organizations in the hospitality sector to actively promote a positive and inclusive organizational culture; and it is still crucial for organizations to invest in leadership development programs.
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co-supervisor