Balogun, Ebenezer Oluwadamilare and Babawale, Opeyemi (2025) Branding Strategies and Sales Volume of Nestle Products: A Nigeria University Experience. THEORY METHODOLOGY PRACTICE: CLUB OF ECONOMICS IN MISKOLC, 21 (2). pp. 21-33. ISSN 1589-3413
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Abstract
Building a strong brand is no longer an easy endeavor, it demands strategic prowess. Hence, branding strategies and sales volume of nestle products in Nigeria university was investigated. Specifically, it examined brand awareness and loyalty on customer patronage, and purchase decision respectively. Descriptive survey was adopted using questionnaire to examine a sample of 342 students who are customers of Nestle products. The obtained data was analyzed using SPSS. The study revealed that brand awareness and loyalty significantly affect customer patronage and purchase decision respectively with R2 of 59.1%, and 70.1, both p-values<0.000. It concluded that branding strategy is significant to sales volume. It recommended that managers showed focus on brand strategies to boost sales volume. This implies that investing in brand awareness and loyalty is a strategic imperative that converts above 59% of branding efforts directly into sales revenue.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Branding strategies, sales volume, brand awareness, brand loyalties, customer patronage |
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| SWORD Depositor: | MTMT SWORD |
| Depositing User: | MTMT SWORD |
| Date Deposited: | 28 Oct 2025 12:50 |
| Last Modified: | 28 Oct 2025 12:50 |
| URI: | https://real.mtak.hu/id/eprint/227570 |
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