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EFFECTIVENESS OF STRATEGIC MARKETING IN NIGERIAN BANKS_ A STUDY OF SOME SELECTED BANKS

ABSTRACT

 The research project focuses on the effectiveness of strategic marketing in Nigerian Banks. Three selected banks namely All States Trust Bank. Citizens bank and Afribank Plc were used as case study. Some of the objectives of the study included; (i) To determine whether the use of strategic marketing strategies enable banks to achieve financial intermediation objectives. (ii) To find out the strategic marketing tools banks use most in building/sustaining customer confidence in the banking industry. (iii) To also ascertain whether banks’ adoption of strategic marketing tools has increases customer patronage. (iv) And to, find out, if the adoption of strategic marketing principles builds a favourable corporate image of banks. Literature on strategic marketing topics, customer relations, banking industry was extensively reviewed. Both primary and secondary data were used for the study. Initially some high ranking officers of the three banks were interviewed and information obtained from them quite useful in pursuing certain area of inquiring and which later formed the basis for the construction of the questionnaire and formulation of hypothesis. For the methods of data analysis, percentages, tables and chi-square were used. Chi-square was used in testing of hypothesis. The findings made include: (1) The use of strategic Marketing strategies makes achieve their individual financial intermediation objectives. (2) Adoption of marketing public relations tools in the operation of a bank helps her in build customers confidence on the banking industry.

Project detailsContents
 
Number of Pages78 pages
Chapter one Introduction
Chapter two Literature review
Chapter three  methodology
Chapter  four  Data analysis
Chapter  five Summary,discussion & recommendations
ReferenceReference
QuestionnaireQuestionnaire
AppendixAppendix
Chapter summary1 to 5 chapters
Available documentPDF and MS-word format


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