Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria

Despite increased competition, construction firms are generally known to be lagging in the adoption of marketing strategies. The performance of indigenous construction firms (ICFs) in Nigeria has been severally criticised without commensurate research efforts to address the problem. This study fo...

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Main Author: Ogbu, *Chukwuemeka Patrick
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia 2017
Subjects:
Online Access:http://eprints.usm.my/41415/1/jcdc2017.22.1.1.pdf
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author Ogbu, *Chukwuemeka Patrick
author_facet Ogbu, *Chukwuemeka Patrick
author_sort Ogbu, *Chukwuemeka Patrick
collection USM
description Despite increased competition, construction firms are generally known to be lagging in the adoption of marketing strategies. The performance of indigenous construction firms (ICFs) in Nigeria has been severally criticised without commensurate research efforts to address the problem. This study focused on the influence of marketing strategies on the performance levels of ICFs in South-South Nigeria. Study questionnaires were purposively issued to CEOs and managers of ICFs (n = 87) in the research area. Maintaining a pool of professionals to boost company image ( x = 3.79) ranks highest among the identified marketing strategies. The Kruskal-Wallis H test of difference in the opinions of the different firm groups showed that a significant difference exists in the frequency of use of the marketing strategies by the different firm groups. A significant difference (p = 0.013) exists in the frequency of use of the marketing strategies by average performers (mean rank = 57.84) and high performers (mean rank = 78.03). The groups of marketing strategies that influence ICF level of performance are third-party-based, client-based, firm-based, and publicity-based strategies. Average-performer ICFs should make more frequent use of marketing strategies, and the use of project performance-based marketing strategies by ICFs should be increased
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spelling usm.eprints-414152018-08-20T02:50:38Z http://eprints.usm.my/41415/ Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria Ogbu, *Chukwuemeka Patrick TH1-9745 Building construction Despite increased competition, construction firms are generally known to be lagging in the adoption of marketing strategies. The performance of indigenous construction firms (ICFs) in Nigeria has been severally criticised without commensurate research efforts to address the problem. This study focused on the influence of marketing strategies on the performance levels of ICFs in South-South Nigeria. Study questionnaires were purposively issued to CEOs and managers of ICFs (n = 87) in the research area. Maintaining a pool of professionals to boost company image ( x = 3.79) ranks highest among the identified marketing strategies. The Kruskal-Wallis H test of difference in the opinions of the different firm groups showed that a significant difference exists in the frequency of use of the marketing strategies by the different firm groups. A significant difference (p = 0.013) exists in the frequency of use of the marketing strategies by average performers (mean rank = 57.84) and high performers (mean rank = 78.03). The groups of marketing strategies that influence ICF level of performance are third-party-based, client-based, firm-based, and publicity-based strategies. Average-performer ICFs should make more frequent use of marketing strategies, and the use of project performance-based marketing strategies by ICFs should be increased Penerbit Universiti Sains Malaysia 2017 Article PeerReviewed application/pdf en http://eprints.usm.my/41415/1/jcdc2017.22.1.1.pdf Ogbu, *Chukwuemeka Patrick (2017) Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria. Journal of Construction in Developing Countries , 22 (1). pp. 1-19. ISSN 1823-6499 http://web.usm.my/jcdc/vol22_1_2017/jcdc2017.22.1.1.pdf
spellingShingle TH1-9745 Building construction
Ogbu, *Chukwuemeka Patrick
Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title_full Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title_fullStr Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title_full_unstemmed Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title_short Marketing Strategies And Performance Of Indigenous Construction Firms In Nigeria
title_sort marketing strategies and performance of indigenous construction firms in nigeria
topic TH1-9745 Building construction
url http://eprints.usm.my/41415/1/jcdc2017.22.1.1.pdf
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