0704-883-0675     |      dataprojectng@gmail.com

THE EFFECT OF MARKETING STRATEGIES ON DEPOSIT BANK PERFORMANCE

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

Abstract

The study examined the effect of marketing strategies on deposit bank performance in Ogun-State, Nigeria. The objective of the study is to evaluate to what extent the „Product Development, Pricing Strategy, Physical Distribution Strategy, Personal Selling and Process were implemented to promote the commercial banks‟ performance in Ogun-State, Nigeria. The study adopted Quantitative Survey Research Design and uses the multistage sampling method in its bid to obtain representative sample. One-Sample T test is used to analyse the responses and the chi-square test statistic is used to test the relationship between the marketing strategies and the commercial banks performance. The study finds that the marketing mix adopted by the commercial banks in Ogun-State has significant impact on the performance of the banks. This study concludes that customer satisfaction significantly promote the performance of commercial banks. Hence, the study recommends among others that the spreading of the branches and the ATM points in the state must be carefully done by not establishing branches and providing ATM machines in the area that will not be economically viable and serves as the drag to the performance and growth of the commercial banks in Ogun-State.  In addition, the commercial banks should utilize the advantages of the newly introduced cashless policy of CBN by engaging more of their customers and prospective customers to use the Point of Sales machine, electronic and telephone banking services to carry out their transactions which will go a long way in reducing the risk associated with the cash handling and the opportunity cost of physical transportation to the banks locations.




FIND OTHER RELATED TOPICS


Related Project Materials

An Assessment of Online Pragmatic Variation in Nigerian Social Media Posts: A Comparative Analysis of WhatsApp and TikTok

Background of the Study
Pragmatic markers—elements that help convey speaker intent, manage conversation, and signal...

Read more
PRINCIPALS’ LEADERSHIP STYLES AND ITS EFFECT ON TEACHERS JOB PERFORMANCE

ABSTRACT

This study investigated principals’ leadership styles and impact on teachers’ job performance in pu...

Read more
A CRITICAL SURVEY OF ADVERTISING AS A DETERMINANT OF CUSTOMER PATRONAGE IN THE FAST FOOD INDUSTRY

BACKGROUND OF THE  STUDY

Although it is widely assumed that advertising predates human history, as...

Read more
An Assessment of the Relationship Between Customer Waiting Time and Satisfaction in Retail Banking: A Case Study of GTBank, Rivers State

Background of the Study
Customer waiting time is a critical factor influencing satisfaction in the retail banking sector. A...

Read more
MOLECULAR CHARACTERIZATION OF PATHOGENIC ESCHERICHIA COLI IN READY-TO-EAT GAME MEAT AND FRESH PRODUCE FROM SOUTHWESTERN REGION OF NIGERIA

CHAPTER ONE

INTRODUCTION: Outbreaks and foodborne pathogens pose a significant threat to human public health, leading to a substantial ec...

Read more
An assessment of economic sanctions and their long-term impact on targeted regimes: A case study of sanctions on North Korea in Rivers State

Background of the Study
Economic sanctions are a common tool in international relations, employed to pressure regimes into...

Read more
THE EFFECT OF EARLY MARRIAGE ON THE SOCIO-ECONOMIC AND EDUCATION DEVELOPMENT OF CHILD IN EDUCATIONAL DISTRICT

ABSTRACT 

This research work explored the issue of early marriage in Nigeria. It shed light specifically on reasons...

Read more
An Evaluation of Green Accounting Practices in Nigeria’s Manufacturing Industry

Background of the Study

Green accounting, also known as environmental accounting, is a method of incorporating environme...

Read more
Implementation of AI-Based Automated Lecture Note Generation for University Students: A Case Study of Federal University, Lokoja (Lokoja LGA, Kogi State)

Background of the Study
The process of note-taking in academic settings has long been an essential activity for students to...

Read more
An investigation of trade policy uncertainty’s economic impact in Nigeria: A case study of the Ministry of Trade.

Background of the Study :

Trade policy uncertainty has emerged as a critical factor affecting economic stability and growth in Nigeria (C...

Read more
Share this page with your friends




whatsapp