The Impact of Promotional Pricing on Marketing Performance in the Nigerian Telecommunication Industry. A Study of MTN Enugu State Nigeria
Abstract:
The study aims to discover how promotional
pricing affects marketing performance at MTN in Nigeria's Enugu State. Multiple
linear regressions were employed to evaluate the hypotheses, and a quantitative
research approach was used. An explanatory research approach was used to investigate
and explain the effect of promotional pricing on marketing performance. The probability
sampling method, which selects the sample using stratified randomization, was employed
in this investigation. The sample size was calculated using the RAOSOFT sample size
calculator, which suggested a sample size of 297. Factor analysis was then performed
to test the validity of the numerous scale items that make up the subconstruct in
the model. Kaiser-Meyer-Olkin (KMO) and Cronbach's alpha were used to test the data's
sufficiency, appropriateness, and robustness. The SPSS 28.0 version was used to
analyse the information gathered from respondents. The findings demonstrate that
promotional pricing influences customer satisfactions, brand switching, and customer
loyalty among MTN consumers in Enugu State, Nigeria. The outcomes further support
the model's applicability and robustness in evaluating the correlations among the
variables that are important to this investigation. It is advised that MTN in Nigeria's
Enugu State take customer pleasure into account as a precondition for boosting customer
loyalty through special pricing. The paper ends with a call for additional research
to examine the model's applicability and robustness in a wide range of contexts
and industries.
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