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STRATEGIES FOR INTRODUCING A NEW PRODUCT IN THE MARKET (A CASE STUDY OF ENCRISTO PHAMACEUTICALS LIMITED IN ENUGU)

80 PAGES (0 WORDS) Marketing Project
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ABSTRACT

The research work was on a study of how to introduce a new product in the market.  The main objective was to determine whether the strategies used to introduce Cristolyn Cough expectorant in Enugu was effective or not.  The researcher also looked at how the product is fairing in the market.  Both primary and secondary data were collected to solve the research problem.
The population study comprised the consumer and personnel of Encristo Pharmaceutical company limited Neugu.
The researcher instrument used for data collection is questionnaires.
Tables, frequencies and percentages were used in presenting and analyzing the data collected.
Based on data analysis, the researcher come up with the following findings.
The product was test marketed for a period of five moths before it was officially launched on September 8, 1997.
During the time of introduction both radio, Poster, Sticker
etc. were used.
Most of consumer interviewed said that they were aware of the product is existence and that the quality and test is very good.
Company’s personnel believed that the strategies used to introduce the product have been effective.
In conclusion, the researcher believes that the product have been accepted ad is moving well in the market.

TABLE OF CONTENTS

Title page
Acknowledgement
Approval page
Dedication
Abstract
Table of contents

CHAPTER ONE
Introduction
Background of the studies
Statement of the problem
Objective of the study
Scope of the study
Research question
Significant of the study
CHAPTER TWO
LITERATURE REVIEW

CHAPTER THREE
Research methodology
Design of the study
Population of the study
Development of research materials
Questionnaire design
Research procedure
Treatment of data

CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA

CHAPTER FIVE
Summary of findings
Conclusions


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