APPLICATION OF THE MARKETING CONCEPT IN OUR LOCAL MARKET (A CASE STUDY OF OWODE MARKET OFFA , KWARA STATE)

CHAPTER ONE

1.1   INTRODUCTION

Marketing has probably been with us ever since serpent tempted eve to
consume a certain apple. But in
its more scientific professional firm, marketing is of more recent growth to industry in general from a simple
to a
more complex form of production
and distribution of
goods and
services.

The
initial stage of development was that, of barter. The producer of a commodity supplied the consumer of it directly face-to-face and was paid for it with
another
commodity which the consumer
had produced in his turn.

The most major stage was that of professional production wishing on intermediary as
distributor and employing the mechanism of money and not barter that is a
retailer emerged paid in cash and probably was the dominant figure in the transaction following the industrial
revolution a further stage of evolution
occurred with the
development
of mass production of goods and services
new factories produced standardization
commodities for
new urban communities
unable to produce their own requirement.
Along with standardization want branding
i.e. a standard name. But this stage was probably production
oriented or production domination.

There come a time when mass production became common place and more than one brand of a
particular
type of
product emerged become available to .purchase
competitive branded product. In this
situation, its
essential
to get more distribution more shop display,
better retailer support them the competitor
in this phase
the
company salesman become the key figure, the period
was sale dominated.

As a consumer income increased and consumer attitude
developed great sovereignty of choose emerged
Sheer availability in the store sheer
production display
was
not enough the consumer to be turn over. At a time
when the 
consumer  becomes  the 
dominant  force,  the
marketing concept truly emerged. This is the phase we are  
in   now,   that  
is   to   say  
marketing   emerged   in
conjunction  
with   a   variety  
of  force   from  
which   it   is
inseparable:

1.      The consumer

2.      Free availability of competitive products

3.      Free choice

4.      Consumer discrimination

This
governs what marketing is and does.

1.2 STATEMENT OF THE PROBLEMS

The complex or general problem this research
paper
will be
investigating is how marketing concept can be
applied in our local market. Its primary aim
is to throw
More   light on the
marketing   concept  in 
the  traditional
market.

The objective of this which is the determination of relationship of marketing
concepts in the retailer market.

1.3 OBJECTIVE OF THE STUDY

The first task of the producer is to meet its aims and objectives the
responsibility is a two way affair in return
for a decent product at a
decent price the consumer may
be reasonable respected to provide a reasonable
returning
for their labour so the key task wholesaler is to formed the ‘point of balance
between a reasonable profit on one
side and reasonable consumer offer on the other with this neither party should have cause to complain.

Therefore,
the objective of the study is to identify
individual consumer or users to whom marketing
efforts
are
directed marketing mix is tailored to suit the specific
target consumers or users of product.


1.4  
IMPORTANCE OF THE STUDY

It is imperative at this stage to appreciate
fully the
vital importance of sound marketing concepts
policy in the
traditional market.

Therefore, it is an important result of the
use of the
marketing concept the co-operation in the
local market is
possible that is the
producer effort is well coordinated.
Every middleman in
working towards a common goal.

The association of market woman has the responsibility of seeing that all sellers ere
acting in
accordance with the marketing concept one way
of doing
this is by convincing the producers of the
importance of
the marketing concept and placing someone with
marketing background at head of the
association of
marketing women is
helpful in this regards. In
addition
this people can also act as consumer spokesman
‘within the market.

The
marketing concept is the most important and matching multiple operations in the
guest for equitable profit in commerce and industry today.

1.5  
SCOPE OF THE STUDY

The study looks only at
those factors that are
considered before marketing concept is used or determined in the
retailing activities. Therefore, the
researcher will not over look the marketing concept of the
manufacturer of the
producers. To do this a different
research is required. It should also be noted that the marketing concept setting in the supermarket
and should not be compared. This research
will not cover anything
about the
purchasing power and consumer behaviour.

1.6 LIMITATION OF THE STUDY

Normally in any research
work of this nature
problems
are bound to be encountered some of the
limitation encountered in the course
of the study include:

TIME

There was no enough
time to obtain the necessary data

needed. This is due to the fact that the studies were carried out mostly during
the week days.

LANGUAGE

This   is   the  
second   serious   contrail  
to   the   study
because of the composition of the people that are found in
e local markets, Yoruba, Hausa, Nupe an    other minor languages in the market place. The ability to internet
the
questionnaire is problem.

COST

The high cost incurred by visiting owode
market at
Offa made it very difficult for us to visit
as frequent as
possible in order
to collect all the distributed
questionnaires.


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