Chinenye Maureen Nuel-Okoli
Chukwuemeka Odumegwu Ojukwu University Igbariam

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Market Segmentation and Product Sustainability of Fast Moving Consumer Goods (FMCG): A Study of Nestle Product in South-East Nigeria Nnenne Ifechi Adani; Ifeanyi E. Nuel Okoli; Chinenye Maureen Nuel-Okoli
Innovation Business Management and Accounting Journal Vol. 4 No. 1 (2025): January - March
Publisher : Trescode Green Organization

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56070/ibmaj.2025.004

Abstract

The study examined the influence of market segmentation on the product sustainability of fast moving consumer goods (FMCG) using Nestle product in South-east Nigeria as a case of reference. The specific objective was to ascertain the extent to which demographic market segmentation, geographic market segmentation, behavioural market segmentation and psychographics market segmentation influence the competitiveness of Nestle product in South-east Nigeria. Descriptive survey research design was adopted in the study, on a sample respondent made up of 323 consumers of Nestlé products across South-east Nigeria. Primary data were collected from the respondents using a structured questionnaire developed in line with 5-point Likert-scale system. The analysis of the research questions was done using descriptive tools such as percentages, mean and frequency analyses. Pearson Product Moment Correlation was used to test the four null hypotheses of the study. The findings revealed the following: demographic market segmentation significantly and positively influences the competitiveness of Nestlé products in South-East Nigeria; geographic market segmentation significantly and positively influences the competitiveness of Nestlé products in South-East Nigeria; behavioral market segmentation significantly and positively influences the competitiveness of Nestlé products in South-East Nigeria; psychographic market segmentation significantly and positively influences the competitiveness of Nestlé products in South-East Nigeria. In conclusion, a multidimensional approach to market segmentation, with particular emphasis on psychographic factors, is essential for maintaining and enhancing the competitiveness of fast-moving consumer goods like Nestlé in the dynamic market of South-East Nigeria. The study recommends that Nestlé’s product development and branding team should endeavour to align all their products with the values and lifestyles of consumers by offering products that resonate with personal values and healthy lifestyle trends, reinforcing the emotional connection with their brand.
Employee Engagement and Employee Motivation Among Manufacturing Firms in Nigeria Chinenye Maureen Nuel-Okoli; Ifeanyi Nuel Okoli
Innovation Business Management and Accounting Journal Vol. 4 No. 2 (2025): April - June
Publisher : Trescode Green Organization

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56070/ibmaj.2025.027

Abstract

This study examined the relationship between employee engagement and employee motivation in selected manufacturing firms in Anambra State. The study was based on Resource-Based Theory (RBT) and employed a cross-sectional research design. The target population comprised 320 employees from various departments within the organizations. A sample size of 123 workers was determined using Taro Yamane’s (1967) formula. Data were collected through structured questionnaires administered to randomly selected employees from manufacturing firms in Anambra State. The reliability of the measurement instrument was assessed using Cronbach's Alpha. Descriptive statistics were used to present the data, while Pearson’s correlation coefficient was applied to test the hypotheses. The study revealed that employee engagement positively and significantly relates to employee motivation in selected manufacturing firms in Anambra State. In conclusion, a positive work environment driven by motivated employees can also contribute to lower turnover rates, which is particularly beneficial in an industry where retaining skilled workers is vital for sustained success. To leverage the link between engagement and motivation, the study recommends that firms should focus on creating an engaging workplace culture. This could involve regular feedback sessions, team-building activities, and ensuring that employees feel valued and involved in decision-making processes.