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Marketing mix strategy on performance of selected SMEs in Biu local government area of Borno state

 Department: Business Administration and Management  
 By: usericon muhalhq  

 Project ID: 7314
   Rating:  (5.0) votes: 1
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   Price:₦4000
Abstract
This study examined the effect of marketing mix strategies on the performance of SMEs in Biu LGA. The study employed a quantitative approach, using a survey questionnaire to collect data from a sample of 100 SMEs in Biu LGA. The data was analyzed using descriptive statistics and regression analysis. The results of the study showed that all four marketing mix strategies - product, pricing, place, and promotion - had a significant positive effect on the performance of SMEs. The study also found that SMEs in Biu LGA are generally aware of the importance of marketing mix strategies, but they often struggle to implement them effectively due to limited resources, lack of training, and lack of access to data. Based on the findings of the study, the following recommendations are made for SMEs in Biu LGA: develop clear marketing objectives and strategies, allocate sufficient resources to marketing, train employees in marketing, collect and analyze data, and seek external assistance. The study also recommends that the government provide more support to SMEs in Biu LGA by providing training, funding, and access to data....
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