In ternationa l Scholars Journa ls African Journal of Agricultural Marketing ISSN: 2375-1061 Vol. 3 (7), pp. 229-231, July, 2015. Available online at www.internationalscholarsjournals.org © International Scholars Journals Author(s) retain the copyright of this article. Full Length Research Paper Areas to which micro scale enterprises apply marketing mix strategies Adebankole Anthony Abiola Department of Marketing, Faculty of Management Sciences, Afe Babalola University, Ado Ekiti, Nigeria. E-mail: tonyabiola@hotmail.com Accepted 23 June, 2015 The purpose of this study was to examine the application of marketing mix strategy of small and micro scale enterprises in Osun State. The study sought to know the extent to which small and micro scale enterprises apply marketing mix strategies. The study was conducted on three purposefully selected areas of Osun State namely; Ile-Ife, Ilesa and Osogbo. Primary data were used for this study. The primary data were collected through the use of the questionnaire. Descriptive statistics such as frequency distribution, percentages, and arithmetic mean were used to present and analyze the data. The result of the finding revealed that enterprises in Osun State do apply marketing mix strategies and that majority of them apply them to a very high extent. About 72% (146) of the sampled population had high application. From the findings, the study concludes that small and micro scale enterprises in Osun State do apply marketing mix strategies and majority of the enterprises apply these strategies to a very high extent in their business operations. Key words: Application, marketing mix, extent, strategy, small and micro scale enterprises. INTRODUCTION Developing effective strategies in this environment of number of controllable variables from the four in the constant change is key requirement for corporate original marketing mix model to seven. The traditional success. Market-driven organizations develop closely marketing mix model was primarily directed and useful for coordinated business and marketing strategies which tangible products. The 7Ps model is more useful for consist of deciding on the scope and purpose of the service industries and arguably also for knowledge- business, its objectives, and the initiatives and resources intensive environments. The extended marketing mix ne- cessary to achieve the objectives (Cravens and Piercy, comprises the 7Ps.These include product, price, 2003). promotion, place, people, process and physical evidence. The common marketing decision variables available A marketing mix consists of controllable variables that are conveniently classified and identified as the 4Ps of the small and micro enterprises must combine to satisfy marketing. These include product, price, promotion and the target market. The right product for the target market physical distribution (place). The 7-Ps or extended must be developed. Channels of distribution must be marketing mix is marketing strategy tool that ex- Adebankole 229 Table 1. Population distribution of micro and small scale enterprises. Commercial Population Micro enterprises Small scale enterprises towns Total Sample Total Sample Total Sample Ile-Ife 338 108 248 80 90 28 Ilesa 256 82 223 72 32 10 Osogbo 198 64 180 57 18 7 Total 792 254 651 209 140 45 Source: Publication of Osun State Ministry of Commerce, Industry and Co-Operatives (2004). expands strategized and monitored over time. The existence of the enterprises‟ product must be communicated to the target audience through a combination of promotion mix and the right price should be set to attract customers and make profit. In both developed and developing countries, the traditional sector which is made up of small and micro scale enterprises had served and continues to serve as the springboard for launching a vibrant modern industrial sector (Asaolu, 2001). Nigeria is naturally endowed with millions of acres of arable land, billion barrels of oil reserves, unexploited minerals, and a wealth of human capital. With Nigeria‟s abundant reserves of human and natural resources, the country has the potential to build a prosperous economy and provide for the basic needs of the population (Dionco-Adetayo, 2014). This is achieva- ble only when there is a vibrant and performing micro and small scale enterprises strongly entrenched in the economy. The best way of explaining the role of small scale industries, stated Asaolu (2001), is to underscore its role in the economy of Nigeria. Such roles include the creation of employment opportunities, reduction of regional economic imbalance, mobilization and utilization of otherwise idle resources, development of entrepre- neurship and serving as training ground for larger businesses. Other roles may include the conservation of foreign exchange and stemming of rural urban migration. While these enterprises occupy an important place in the economy, it is discouraging to observe that many of them that enter the business world in Nigeria and in other parts of the world every year fail rather than succeed. While they remain significant contributors to the economic and social well being of all countries, they continue to be plagued by poor performance levels and high failure rates, despite government assistance and interventions. Solutions to this failure rates have been proffered in areas of finance, educational level of owners with little or no effort taken to look in the area of marketing strategies of these businesses. This paper, therefore, investigated selected small and micro scale businesses in Osun State to ascertain the extent, if at all, to which they apply marke- ting mix strategy in their business operations. The purpose of this paper, therefore, was to investigate the type of marketing mix strategies and the extent of their application by small and micro scale enterprises in Osun State using the following objectives; 1. To examine the type of marketing mix strategies employed by small and micro scale enterprises in Osun State 2. To investigate the extent of application of marketing mix strategy by small and micro scale enterprises in Osun State Research hypothesis The following research hypothesis was tested: 1) Ho: Small and micro scale enterprises in Osun State do not apply marketing mix strategies in their business operations. RESEARCH METHODOLOGY The study was conducted on registered micro and small scale enterprises in Osun State. The questionnaire was the instrument used for data collection. The population of the study consists of registered small scale and micro scale enterprises in three major commercial cities of Osun State totaling 792. The towns covered by the researcher are Ile-Ife, Osogbo, and Ilesa. The population frame was collected from Osun State Ministry of Commerce, Industry and Cooperative. A total of 254 enterprises were covered by the researcher. The sample size was arrived at in accordance with sample sizes recommended for different population sizes calculated at 95 percent confidence level (that is +/-5 percent margin of error) for works of this nature (Dionco-Adetayo,2003). Systematic random sampling was used in selecting every third enterprise. A total of 254 questionnaires were administered on the respondents. The respondents were only the owners/managers of the enterprise. Descriptive and non-parametric statistics were used to analyze the data and test the hypothesis. Table 1 shows the population distribution of the enterprises in the three cities of the study. The marketing mix strategies were product, pricing, promotion and distribution . To determine how often a marketing mix Table 2. Distribution of respondents on marketing mix strategy adopted by the enterprises. Variables Frequency Percent Product Strategy 35 17.0 Pricing Strategy 23 11.5 Promotion Strategy 75 37.0 Distribution Strategy 70 34.5 Total 203 100 Source: Author‟s Research Survey, 2010. Table 3. Application of Marketing Mix Strategies. Level of application Frequency Percent Mean score Low (0-4) 18 9 0.1 Average (5-8) 41 19.5 0.2 High (9-12) 144 71.5 0.7 Total 203 100 Source: Research Survey, 2010. Strag is applied, the total grade weight was divided by the number of variables. The interval below describes how level of application was chosen after division of the total grade weight by number of variables. X= Total Grade Weight Number of Variables For 1