IMPACT OF PROMOTIONAL STRATEGY AS A PANACEA TOWARD ORGANIZATIONAL PROFITABILITY A STUDY OF NIGERIA BOTTLING COMPANY PLC IBADAN.
Abstract
This research work attempt to bring out the underlying issues involved by examining
the concepts and definition of promotional strategies taking into consideration Nigeria
Bottling Company Plc Ibadan. If external and internal condition pertaining to
profitability of an organization. Also to identify customers need and to establish the
objectives of the organization to achieve its efficiency and effectiveness. The method
used in collecting and analyzing data are questionnaire, interview and statistical
method to determine the validity of the study. One hundred questionnaire were
randomly administered to as certain the objectivity of the research work, it has been
known that promotional strategies has increased organizational sales with references
to Nigeria Bottling Company plc, Ibadan that effective promotional strategy motivate
consumer as well as increase sales which will in turn lead to organizational
profitability. Promotion has great and important role to pay in the success and survival
of any organizational and to increase its profit, the company must put promotion into
consideration. Though, promotional strategic is a mean’s of increasing profit, there are
other factors that can increase other factors that increase profitability such as
branding, employee motivation.
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