International Journal of Social and Management Sciences International Journal of Social and management Sciences
ISSN 1504-8446
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ijosams
IJOSAMS - Volume 2 Number 1

Marketing Strategy and Performance: Evidence from Nigerian Export Companies

By

Oyeniyi, Omotayo
Department Of Business Studies,
Covenant University, Ota.

***

Obamiro, John Kolade
Department of Business Studies
Covenant University Ota

***

Ogunnaike, Olaleke
Department of Business Studies, Covenant University, Ota

Abstract

In a developing country like Nigeria, earning from export especially non-oil export is an important element of the country’s Gross National Product (GNP). Globalization of trade has also led a number of companies to search for markets beyond the domestic markets. This study aims at explaining the effects of firms’ strategic factors on export performance of Nigerian companies. The key strategic factors on export and its marketing plan will cover all aspects of the product, promotion, pricing and distribution. The challenge of the strategies to be used is whether it should be standardized or adapted to the conditions of the foreign market. The effects of these strategies show that the firms’ product adaptation, promotion adaptation and the firm marketing position affect the firm’s export performance.

Key word: Marketing strategies, Export performance, and Standardization adaptation.


 
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