TELEMA-DAREGO Owuma
Department of Marketing, Faculty of Administration and Management
Rivers State University Port Harcourt, Nigeria
NWOKAH Gladson N.
Department of Marketing, Faculty of Administration and Management
Rivers State University Port Harcourt, Nigeria
DIDIA James U. D.
Department of Marketing, Faculty of Administration and Management
Rivers State University Port Harcourt, Nigeria
HARCOURT Horsfall
Department of Marketing, Faculty of Administration and Management
Rivers State University Port Harcourt, Nigeria.
Abstract
This study examined the relationship between aggressive pricing and marketing competiveness of entertainment firms in Rivers State. The objective was to establish the direction and strength of relationship between aggressive pricing and market share growth and sales growth as indicators of marketing competiveness. The study adopted a survey research design. The population of the study comprised 116 entertainment firms. The study worked with 92 firms as the sample size and 276 respondents. Data was collected using self-administered structured questionnaire that was validated for the study. The study adopted quantitative method of data analysis which means that the gathered data from the retrieved research questionnaire was analyzed statistically and in two phases’ namely univariate analysis and bivariate analysis. The study found a strong correlation between aggressive pricing and market share growth; and a very strong correlation between aggressive pricing and sales growth. The study concludes that aggressive pricing has significant relationship with competiveness of entertainment firms in Rivers State; and recommends that marketing manager of entertainment firms should focus on aggressive pricing to achieve improved competiveness in terms of market share growth and sales growth.
Keywords: Aggressive pricing, marketing competiveness, market share growth, sales growth