TABLE OF
CONTENTS
Title Page - - - - - - - - - i
Approval Page - - - - - - - - ii
Declaration - - - - - - - - iii
Dedication - - - - - - - - - iv
Acknowledgement - - - - - - - v
Abstract - - - - - - - - - vi
Table of Contents - - - - - - - vii
CHAPTER
ONE – INTRODUCTION
1.1 Background of the Study - - - - -
1.2 Statement of General Problem - - - -
1.3 Objective of the Study - - - - - -
1.4 Research Questions - - - - - -
1.5 Significance of the Study - - - - -
1.6 Scope of the Study - - - - - -
1.7 Definition of Terms - - - - - -
CHAPTER
TWO – REVIEW OF RELATED LITERATURE
2.1 Literature Review- - - - - - - - -
2.2 Theoretical Framework- - - - - - - -
2.3 Summary- - - - - - - - - - -
CHAPTER
THREE – RESEARCH METHODOLOGY
3.1 Introduction - - - - - - - - -
3.2 Research Design - - - - - - - -
3.3 Area of the Study - - - - - - - -
3.4 Population of Study - - - - - - - -
3.5 Sample size and Sampling Techniques - - - - -
3.6 Instrument for Data Collection - - - - - -
3.7 Validity of the Instrument - - - - - - -
3.8 Reliability of the Instrument - - - - - -
3.9 Method of Data Collection - - - - - - -
3.10 Method of Data Analysis - - - - - - -
CHAPTER
FOUR – DATA PRESENTATION AND ANALYSIS
4.0 Introduction - - - - - - - - -
4.1 Data Presentation and Analysis - - - - - -
4.2 Characteristics of the Respondents - - - - -
4.3 Data
Analysis - - - - - - - - -
4.4 Summary
of Findings - - - - - - - -
CHAPTER
FIVE – SUMMARY, CONCLUSION AND RECOMMENDATION
5.0 Introduction - - - - - - - - -
5.1 Summary - - - - - - - - - -
5.2 Conclusion - - - - - - - - - -
5.3 Recommendations - - - - - - - -
References
- - - - - - - - - -
Appendix - - - - - - - - - -
1.0 CHAPTER
ONE
1.1 Introduction
The rapid growth of information technology has
enhanced the importance of online advertising. Out of the innovations of the
information technology, internet is by far the most attracting considerable
media.
Moreover, the internet is emerging as
the most important source of information because of its ease wealth of
information. Furthermore consumers shopping online may modify or change the way
they search for information to take advantage of certain characteristics of the
internet (Peterson and Merino, 2003)
With the growing age of the
internet and the increasing trend of people using the internet, and the
increasing trend of people using the internet for shopping and searching, the
marketers are facing a lot of competition in order to keep in mind what the
consumers are looking for and hot to target them.
There are four factors affecting the consumer
buying behaviors namely Psychological, Social, Personal and cultural. In some
studies the cultural factor has been taken separately but in most studies the cultural
factors come under the social factors. For this research the psychological
factors will be taken into account and the main focus will be on the beliefs
and attitudes of the consumers.
Online advertising became popular in
the early 20th century in the United States. Internet advertising
continues to grow and capture the attention of traditional and new direct
marketers. Online stores can do many of the things like the real stores such as
display products, offer special deals, take orders from customers, and process
credit card transactions. The only thing that is extra is to add a shipping
charge and then process the shipping. In the beginning, the consumers only
relied on the internet for information. They would search for the products
online, look up for the alternatives but were hesitant to buy it. But with the
passage of time and increase in awareness, consumers now shop online. At first,
only luxurious items were purchased online. Owing to awareness, consumers now
shop online. At first, only luxurious items were purchased online. For example,
laptops, cameras etc. But now-a-days people in the more developed countries
often buy their groceries online.
The inclination of people towards online
advertising in Nigeria is also in its infancy period. The people are somewhat
reluctant to buy things online, this is because of the increasing trend of
online frauds and because of this trend, and the websites could not be trusted
fully.
Various Researches carried out in the
past has proven that the average man watches over 40,000 commercial ads in a
year which is quite many. Some companies such as Proctor and Gamble, AT&T
spend up to 4 billion dollars a year on advertising. The official definition of
advertising is an impersonal one way mass communication about a product or
service that is paid for by the marketer.
Advertising, public relation, sales
promotion and personal selling are all essential parts of the promotional mix
of a marketing plan. Advertising is everywhere and reaches consumers all day.
The amount companies spend on advertising is amazing. Advertising also plays an
important role in developing sales and market share.
In general, most companies need to
spend an enormous amount of money on advertising to maintain their market share
and to keep their company and its products on top of their consumers minds,
they need to use advertisements as reminders, if not the competitors will be
able to steal some of their market share and sales. Traditionally companies
that are either smaller or new in market share have to spend a larger amount on
advertising that their big competitors. The reason behind this is called
advertising response function.
As a promotional strategy,
advertising serve as a major tool in creating product awareness in the mind of
potential consumer to take the eventual purchase decision. Advertsing, sales
promotion and public relations are mass communication tools available to the
marketers. Advertising through all medium influence audiences, but the internet
at this moment is becoming one of the strongest medium of advertising due to
its mass reach, it can influence not only the individuals attitude, but his
behavior, lifestyle, exposure and in the long run even the culture of the
country (Latif and Abideen 2011).
Consumers
are the final end users of the products; they keep the production cycle moving.
Consumers do play a vital role in the economic system of any nation, thus any
nation will face crises if the consumers don’t have the effective demand for
goods produced.
According
to Cohen (1988), advertising is a business activity that employs creative
techniques to design persuasive communication in mass media that promotes
ideas, goods and services in a manner consistent with the achievement of the
advertiser’s objective, the delivery of consumer satisfaction and the
development of social and economic welfare. (Cohen, 1988)
From
Cohen’s definition, it can be found that advertising satisfies three
objectives; to increase sales of the firms, to guarantee consumers a great deal
of services and finally to ensure the social and economic welfare of the
society. Advertising has thus, a stimulating influence on the purchasing
behavior of the consumers. Consumers demand different things based on their
task and preference for them. Awareness of goods influence consumers purchase
of that good.
1.2
Problems of study
With
the growing age of the internet and increasing trend of people using the
internet for shopping and searching, internet Advertising which in recent times
have being utilized by all companies due to the accessibility and wider
coverage than the traditional media seems to be the most recent means for
adverts . The question now is, does
the internet advertisement prove to be very effective than the traditional
media? Do people buy product due to
internet advertisement? What other factors influence the way people see
advertisements?
1.3 Research Objectives
The objectives
of this work include the following:
(i)
To ascertain the rate of online advertising
exposure to students
(ii)
To ascertain if online advertising
influence consumer buying behavior
(iii)
To discover the factors that influence
students of Federal Polytechnic Bida’s view of internet advertising.
1.4
Research
Question
The purpose of this study is to observe and study
the relationship between online advertising and psychological factors of
consumers buying behaviors. In evaluating the statement, this study attempts to
answer the following questions:
(i)
What is the rate of online advertising
exposure to student?
(ii)
Does online advertising influence
consumer buying behavior?
(iii)
What factors influence students of
Federal Polytechnic, Bida’s view of online advertising?
1.5 Significance
of Study
Every
research must have significance. Significance is very important because it provides justification for the study,
(Khan, 2007). This study is significant in view of the following:
(i)
It examines the impact of online
advertising in shaping the people’s perception on products. Thus, it proves to
be of great benefit to companies who wishes to utilize and invest on internet
advertisement
(ii)
It sheds more light on how people
perceive products and services seen advertised on online. And that the study will provide empirical data to support
or disprove supposition about the internet advertisement
in the country
(iii)
This study also serves as a reference
material for students who may desire to carry out similar study.
1.6
Scope of Study
This
research focuses on the ‘effect of online advertising on consumer buying behavior’,
which is increasing day by day and will focus on students of Federal
Polytechnic Bida, Niger State and enfaces will be laid on students of the
institution who have access to online advertising and they will serve as
respondents. As it is assumed that in Nigeria generally people share similar
characteristics. Based on this assumption the result of this finding could be
generalized.
1.7
Limitations of the Study
For a topic like this which is
supposed to elicit responses from a larger respondent across the nation or the
world at large, this research study is however limited to internet active
students of Federal Polytechnic Bida, Niger State only.
Secondly, there was scarcity of core textbooks on online
advertisement. Thus, the
researcher relied heavily on online text books, publications and researches
Again, the researcher used only the questionnaire as his primary data
collection instrument. This is a limitation as the study can be enriched with
direct personal observation so that findings will be all encompassing
Finally, the issue of financial and
time constraints cannot be overemphasized.
Essentially, the researcher paid heavily for downloaded material from the
internet at commercial cyber cafes and the short time for
carrying out a wide topic.
1.8
Definition of Terms
Online
Advertising: is the form of promotion that uses the
internet and world wide web for the express purpose of delivering marketing
messages to attract customers.
Consumers
buying behavior: This refers to the buying behavior
final consumers- individuals and households who buy goods and services for
personal consumption.
Attitude:
It
denotes a learned predisposition to respond to an object in a consistently
favorable or unfavorable way. The fact that attitudes are learned means that
they will be affected by information and experiences.
Beliefs:
This is a descriptive thought that a person/consumer has about something.
Purchase
Decision: This simply means that the buyers decision about
which brand to purchase or patronize.
Gender:
this refers to the distinguishing characteristics between a male and a female.