Beruflich Dokumente
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Marketing Strategies
CHAPTER I
Introduction
Night market is a type of market where people do their business freely and
satisfy their needs and wants. It is typically an open air market during night that
mirrors a free and unregulated goods and services that produced and sold only if
the supplier can make a profit. He also stated that this system is dictated
buying.
established in 2005. This market, across the municipal hall, is open from 5:00
p.m. to 10:00 p.m. daily. Many residents of Bayombong, Nueva Vizcaya now
most especially to the night shoppers who have their limited time in shopping.
students buy their foods. The vendors also receive such benefit from the place
where they are selling their goods because of the uncounted number of its
consumers. The cathedral church and other known buildings around the area also
helps the vendors patronizing their goods because of their distances from the
market. One more thing that the consumers consider is the healthy prices which
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Aside from customers, the night market vendors also play a big role
inside the market. They have built their names from their loyal customers and
created different strategies where they can only strike up their profit. These
marketing related strategies really help their businesses stay longer and earn more
loyal customers. But these vendors also suffer from new business establishment
near from their area. Some people preferred to step-in and shop along with
superb fine entrepreneurial businesses. That is why the researchers are really
enterprises. The researchers will employ survey questionnaires and conduct set of
interviews inside the night market to determine the problems and make a possible
Night Market Vendors, which will serve as a basis for improved marketing
1.1 Age
1.2 Sex
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
2. What are the problems encountered by the Bayombong Night Market Vendors
2.1Product
2.2 Place
2.3 Promotion
2.4 Price
Bayombong Night Market vendors along with the marketing variables when the
Bayombong Night Market vendors along with the marketing mix variables when
Conceptual Framework
The conceptual framework will discuss the flow of study to be taken. The
study will use the system approach. The system of three (3) frames is composed
of inputs which will go through the process or operation and emerged as the
output.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
I
M
P
R
Problems encountered by O
Bayombong night V
Profile of market vendors along E
Respondents: marketing mix D
variables/4 P’s MARKETING
a. Age S
B. Sex a. Product T
c. Civil Status b. Place R
d. Educational c. Promotion A
d. Price T
E
G
I
E
S
The second box contains the methods and procedures to be used in the study
particularly the use of statistical tools both descriptive and inferential such as
The third box contains the output. It includes the recommendations that the
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
The study will help them develop better marketing strategies which will help
Customers.
The study will benefit them by choosing what product is best for them. .
Future researchers.
The study will serve as a guide for them in conducting further studies.
Night Market Vendors along the marketing mix variables as a basis for improved
weaknesses along with the areas of product, promotion, place, and price. The
respondents of the study are only limited to the vendors of the night market.
DEFINITION OF TERMS
are called the ‘Five Ps' product, price, promotion, people and placement.
place during evening and includes small businesses for a variety of cheaper
products and cooked foods. This is located across the municipal hall of
Bayombong, Nueva Vizcaya and open from 5:00 p.m. to 10:00 p.m. daily.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
having the product available to the consumers. It also pertains to the sub-divided
to persuade the the buying decision of the customers. It also pertains to the sale
promotion they introduced having such discounts, warranty, nor any perks that
Bayombong night market. It also constitutes one of the the five P’s which is the
people.
CHAPTER II
This chapter presents the gathered literature and studies of the researchers
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Conceptual Literature
businesses freely and satisfy theirs needs and wants. Karl E. Case et. Al., 2013,
unregulated market, goods and services that produced and sold only if the
supplier can make a profit. He also stated that free market system is dictated
market economy, producers maybe small or large because new business requires
capital investment before they can begin the operation. Starting a new business
involves risk. A well-run business that produces a product for which demand
exists is likely to succeed; a poorly run business or one that produces a product
for which little demand exists or in the future is likely to fail. Proponents of free
market system argue that free enterprise leads to more efficient production and
produces inefficiently, competitors will come along, fight for the business and
Marketing mix
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
be a good support for the start and success of business . These marketing mix
comprises the 4 P’s which is the place, Price, product, and promotion. According
ensure that the needs of the customers are satisfied in teh most efficient manner
byensuring proper coordination between all the 4P’s. Since the needs of the
controllable marketing variables that the firm uses to pursue the desired level of
Price Mix
Neero Kapoor, (2014), stated that price is all around us, and is the one of
product or service. One of the leading causes of new product failure is either
under or over pricing. People are not going to buy the product in both the
expensive,beyond the pocket of many people who are not going to buy it. If
under priced, like in the case of clothing, watches, perfumes, etc., it is directly
asumed that the company must have compromised on the quality of the product
and it is treated as an inferior product, and again in that case, people are not
willing to purchase it. Therefore it is very important for the marketers to price the
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
pricing decision decisions become vital in marketing. Determining the right base
price and strategies concerning discounts, allowance, etc., has to be worked out
very carefully. Price of the product shoud be set in such a way that the buyers can
pay and the company can earn adequate profits. Normally, pricing decision
(variable and fixed) costs of the product. 4.) Study of pricing policies and
strategies of the close competitors. 5.) Deciding on the level or margin of profits.
6.) Formulating appropriate base pricing policies for the product. 7.) Decision on
Product mix
organizations or ideas. Neeru Kapoor, (2014) stated that managing the product
marketed bya company.Product is the basic element of marketing mix because all
other elements are recquired only when there is a product. It is the centre of all
the marketing activities. Marketers can satisfy needs and wants of consumers
only by designing excellent products for them. Important and long term
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
models and products mix decisions including width, depth, length and
the product. 7. Relevant strategies for each of the stage of product life- cycle and
marketing and business strategy, since it is through the sale of products and
services that companies survive and grow. It discusses four main important areas
product line, packaging, branding, and band equity. Second, the product life cycle
and it's implications for product strategy are explained. Third, the product audits
is reviewed, and finally, five ways to organize for product management are over
viewed. These include the marketing manager system, product (brand) manage
system, product planning committee, new product system, and venture team
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
satisfying objects that include such things as accessories, packaging and service.
are identical that is even when there are no discernible product differences
preferences for particular brands will develop. If product this fact is not
particularly startling, consider that this is apparently true even in the complete
preferred brand, even though the rejected brands comes from the some market
branch and are effectively identical to the preferred brand. Note again that none
of the brands in the experiments were even promoted or advertised in any way
(Ronald R. Gist).
Promotion Mix
and persuation to facilitate the sale of the product or service or the acceptance of
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
organization’s marketing mix that serves to inform, persuade and remind the
market of a product and/or the organization selling it, in hopes of influencing the
After going through the perceptions of both authors, it is very clear that
the job of promotion is basically to inform the people about the availability of the
products, change their attitude and belief about the product, and persuade them to
try or buy that the new product by impressing upon them about the unique
accurate term for the better known ''word-of-mouth advertising". By any name, it
has always been popular with advertisers, partly because it is effective but mostly
because it is free. David L. Kurtz (2011) also stated that personal selling often
provides more flexible promotion than other forms because the sales person can
tailor the sales message to meet the unique needs or objection of each potential
customer.
they will be happy with after the sale. Salespeople accomplish this by
communicating how products and the features match customers’ needs and
business. They will get it however only if customers are happy enough with their
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
purchases to return again and again. The twins goals of selling then are to help
can count on repeat business. To accomplish these goals, a sales person needs to
match the features of each product to a customer’s needs and wants. This concept
customer do not buy products. They buy what the product will do for them.
Consumer Market also involves all people who make purchases for their own
personal use.
Place Mix
that make the product available to target consumers. Retailers and vendors often
David L. Kurtz (2011) stated, that place is a showcase for ingenuity. It’s very
important that retailers select locations that are accesible to the target market in
areas that are consistent with the retailers positioning. It is the last element of
marketing mix but is very important as marketing goals can achieved only if the
product reaches the hands of consumers conveniently and in time. This element
ensures that the rigth product can be made available to the right way, at the right
time, at the right place and in the right form. Therefore decisions regarding the
important. Some of the important place decisions include: 1.)Deciding about the
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
channels and channel membersto be used. 3.) Deciding about the channel length
Related Studies
Street vendors are often those who are unable to get regular jobs in the
remunerative formal sector on account of their low level of education and skills.
They try to solve their livelihoods problems through their own meagre financial
resource. They are the main distribution channel for a large variety of products of
gadgets, toys, stationery, newspapers, and magazines and so on. If they were to
be eliminated from the urban markets, it would lead to a severe crisis for fruit and
vegetable farmers, as well as small scale industries which cannot afford to retail
The present study is descriptive by nature. The universe of the study covers
convenient sampling and the sample size is confined as 90. The present study is
selected in street vendors who are selling vegetables and home appliances
through vehicles. Other category will eliminate due to time and cost constraints.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
visible aspect of the informal sector. Like other informal sector, street vending is
large number of people. In cities and towns thought the world millions of people,
earn their living by selling wide range of goods and service on the street. Despite
a general belief that street vending will recede as economies develop and income
rise, it is actually on increase in many places. Street vendors are very important
part of the informal sector in the country. It is estimated that around 80 percent of
the population are engaged in street vending profession. Women form a large
Street vending is not only a source of self- employment to the poor in cities
services to a majority of the urban population. Street vendors are often those who
are unable to get regular jobs in the remunerative formal sector on account of
their low level of education and skills. They try to solve their livelihoods
problems through their own meagre financial resource. They are the main
from the urban markets, it would lead to a severe crisis for fruit and vegetable
farmers, as well as small scale industries which cannot afford to retail their
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
government does not have the capacity to provide jobs to the millions of
able to absorb only a tiny proportion of our expanding work force. Overall
employment in the formal sector is actually declining. This means most people in
India have to fend for themselves. People in the informal sector ought to be
sidewalks and pavements and do not appreciate the valuable services that street
vendors provide to the general population of the world. Street vendors provide
valuable services to the urban masses while making out a living through their
Street vendors have been demanding protection from civic agencies and the
state government so they can earn their livelihood without fear. Challenges faced
by Street Vendors 1. Street Vendors faces many problems as they are vulnerable
population, who are neither protected by government, NGOs, labour union nor by
any labour law. They are deprived by laws made by government in respect of
labour union. 2. The street vendors always suffer competition with other street
employment. Their incomes are often minimal and their sales fluctuate. Another
reason for decrease in income of street vendors is that they are forced to pay 15
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
to 20 percent of their daily income as bribes to local police. 3. Street vendors are
inadequate hygiene, and poor waste disposal. Safety of food has been
not regulated by any government agency. 4. The government does not recognize
government has passed “Street Vendors Bill 2013”, which protects the rights of
directly buy goods or services from a seller over the internet without an
intermediary service. Online shopping has become the trend and the new mode of
entire range of consumer items. The trend is very clear, retail shop demand will
fall and even shrunk. Online shopping is indeed having an adverse impact on the
done in 2004 shows around 2.5% of local poor urban population survive by
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
can be protected by harassment and eviction by local authorities and local police.
street vendors as hawker, peddler, street vendor, pheriwala sell articles of daily
utility and general merchandise such as vegetables, sweets, cloth, utensils and
toys, on footpaths or by going from door to door. Normally purchases goods from
wholesale market according to his needs and capital (money) available. They
selected areas to effect sales. Many a times they announce loudly goods or
articles on sale and their prices to attract customers. Some of them may also
display goods or articles of sale on footpath and effect sales. For higher profit
few purchase goods in lot, in auction or other sales. May prepare and sell his/her
own products and may operate means of conveyance. Vendor may work on salary
was found that generally food vendors were quite aware of hygienic conditions.
But majority of them were not implementing their knowledge into practice. They
perceived that their products were of low risk to customers. It highlights the need
for further health education of food vendors. According to Geetam Tiwari (2000)
bicycles, pedestrians and bus traffic attract street vendors. Often the side roads
and pedestrian paths are occupied by people selling food, drinks and other
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Vendors often locate themselves at places which are natural markets for
them. A careful analysis of the location of vendors, their numbers at each location
and the type of services provided clearly shows that they are needed since they
work under completely „free market‟ principles. If their services were not
required at those locations, they would have no incentive to be there. Road and
problem In developing countries like India, the informal sector including street
vending absorbs the majority of the urban unemployed growing labor force. It
the marginalized groups, and the urban poor especially for those who migrate
from the rural area (Darrare, 2007). However, despite its increasing importance in
the total economy (especially for urban poor in the city), policies, regulations,
available for the street vending and the environment under which the vendor
operate their business are not suitable for their health and well being. In addition
makers, decision makers, and planners. Currently, there is even strong negative
measures and view prevailing against street vending both by the local
government and by the formal business operators. In addition, street vendors face
many problems in the course of running their activities. It is therefore, the focus
Tiruchirappalli city.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
specific issues and challenges. Vending as a profession has been carried out all
along in known history and it has been an integral part of both rural and urban
culture. They cater to the needs of a large number of customers from the middle
and lower income class and contribute significantly to the economy. Still, street
which impinges on the use of public space. The use of prefix street with the word
vendors itself provides a whole new identity to them which is usually demeaning
Street vendors are often persecuted, live in uncertainty, and work in poor
such as toilet, lighting, etc., lack of social security and other similar hurdles. In a
city like Delhi, where 2.5% of the population consists of street vendors, they find
it difficult to survive. The welfare state fails to provide any social security to
them. Improving the conditions of work of street vendors and their economic,
Street Vending) Act, 2014 in place, which is being seen as a landmark legislation
there is a ray of hope for improvement in the status of street vendors. The Act
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
town vending committees and most importantly planned vending zones in cities.
Nothing can be said with certainty about the outcome of this law. With political
parties and civil society being actively involved on the issue presently which can
be seen very obviously in Delhi; but at the same time common public opposing to
the law is yet to be seen. This paper based on an extensive review of available
Taiwan which is successful food service industry in spite of the limited space and
markets demonstrate those are not applicable in Asia. The object of this study is
market in Taiwan. The sample included 498 customers in night market. Based on
five theoretical models of service quality, the night market service quality
questions and data was randomly collected at top ten night markets elected by
ballot. The study examined whether service quality perspectives differed across
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
different. The location and the stay period of the night market were also
these findings for the food and beverage industry in night market and researchers
are discussed. The fundamental intent of this study was to suggest that food and
night market. Even the modified service quality scale was conducted in night
markets; the results confirmed that there are eight service quality dimensions of
Kim W.G. et al., 2009; Qin and Prybutok, 2009; Stevens et al., 1995). Besides the
basic five dimensions asserted by Stevens et al., (1995), three domains of service
quality were found vital to service quality, namely Food quality, Price/value and
highly needed to enhance the overall service quality in the foodservice business
in the night markets. Furthermore, those domains were found as the significant
sectors (Kim, et al., 2009). The foodservice operators in night markets truly want
to gain a winning game, they should continually to increase the level of overall
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
expectation and actual service encounters operators provide. They also might
lead to customer dissatisfaction. Based upon the results and implications obtained
management can help food and service business in night market to reach the
increasing repeat business, and building positive word-of-mouth. The results also
imply that food and beverage marketers in night market should consider the
this study was preliminary and served as a guide for future development of
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
foundation for building a total service quality system for the food and beverage
track the service quality trend (Knutson, Stevens, & Patton, 1996), it is
impractical for the food and beverage business in night markets in Taiwan to
the food and beverage operators in Taiwan should provide high service quality to
customers by knowing the perspectives of customers and their own. This study
other part of effort. Different perspectives of service quality enhance the different
premise that there are differences in service quality perspectives across some of
the demographic segments. In order to close service gaps and provide more
effective and efficient food and beverage operation in night markets, the
implications are applicable for food and beverage operation exercising strategies
of marketing.
Base from Kellogg's study, balancing the marketing mix through creative and
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
that its products and services either match or exceed a customer’s needs or
expectations. The marketing strategy of a company sets out its overall aims and
objectives through a detailed plan. For many businesses a key objective within
(CN) restaurant in 2012, and again in 2013, which invited consumers to a unique
‘outdoor’ experience to taste new products and actively engage with the Crunchy
Nut brand.
how much it is going to charge for these products or services, how it will deliver
these products or services to the customer, and how it is going to tell its
customers about its products and services. This is known as the marketing mix
and is often referred to as the 4Ps of marketing. The mix involves creating the
right product, sold at the right price, in the right place, using the most suitable
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
methods of promotion. Although the marketing mix will vary from business to
business and market sector, its purpose is to assist a business to balance these
2. pricing its products to ensure that customers receive the best possible product
3. help ensuring its products are available wherever shoppers are, from
behaviours - Place
Every business will determine its own balance of the 4Ps to suit the needs of its
customers. In addition, a business needs to incorporate other factors into the mix;
internal factors such as the amount of finance for marketing, the types of
products being sold, as well as external factors such as the market sector and
Synthesis
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
This type of market can be seen at a large part of Asia specifically Thailand,
Singapore, Philippines and other neighboring countries. They practice this kind
this market can be a mirror to what they say “ Laissez-Faire Market” which
means there is no limit in everything that can be offered in the market. Everyone
may participate nor sell a kind of good where they can obtain their profit from
Aside from utilitarian benefit of night market, this type of market also
imply high competition from other market entrants. It requires strategies along
with marketing mix variable which is very useful in designing a business model.
These marketing mix variables are also known as the 4P’s namely: product,
price, promotion, and place. Product is the basic element of the marketing mix
because all other elements are required only when there is a product. It is the
centre of all the marketing activities. Vendors can satisfy needs and wants of
consumers only by offering excellent products for them. Price is one of the most
product or service. One of the leading causes of new product failure is either
under or over pricing. People are not going to buy the product in both the
expensive,beyond the pocket of many people who are not going to buy it. If
27
Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
under priced, like in the case of clothing, watches, perfumes, etc., it is directly
asumed that the company must have compromised on the quality of the product
and it is treated as an inferior product, and again in that case, people are not
willing to purchase it. Therefore it is very important for the marketers to price the
Promotion is the act of informing the people about the availability of the
products, change their attitude and belief about the product, and persuade them to
try or buy the new product by impressing upon them about the unique features of
the product. One of the issues usually faced by night market vendor is the lack of
forms of advertisement and sales promotion. Place includes activities that make
where they can find and obtain their customers. Place is the showcase for
CHAPTER III
RESEARCH METHODOLOGY
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
complete the needed data. This chapter contains the research design, research
Research Design
The study employed the descriptive method of research. The descriptive type
mix variables.
Research environment
This study was conducted at Bayombong night market located across the
operation. Usually they have their own slot or place to display their products
The subjects of this study were the vendors of Bayombong night market.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
They were the ones chosen to be the respondents because they need a great
competitiveness against strong enterprises for them to cope up with new business
Research Instrument
To gather the data needed in the study, a likert-type questionaires was used.
The questionaire consisted of two parts: Part 1 gathered data on the personal
profile of the respondents; Part 2 gathered data about the level of agreement
the marketing mix variables. Documentary sources were also utilized to add more
activities were undertaken: The researchers made pilot testing to the neighboring
market to checke and assure the validity and reliability of the questionaires. After
the researchers reviewed the questionnaires on per item basis in order to get the
desired data.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
the respondents.
2. Mean
The researchers used mean for the evaluation of the level of agreement of
Table 1
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
2. Chi-square
CHAPTER IV
data on the problems encountered and the interventions used to cope with the
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
A. Profile of Respondents
Age
Below 20 9 18.4%
21-25
6 12.2%
26-30 7 14.3%
31-35
6 12.2%
36-40 5 10.2%
41-45
7 14.3%
46-50 2 4.1%
51 above
7 14.3%
Total
49 100.0%
This shows the age bracket of the respondents. Respondents who were
26-30, 41-45 and 51 above yrs. old with the same size group of 7 out of 49
(14.3%) then12.2% (6 out of 49 respondents) were 21-25 and 21-35 yrs. Old .
Next is 36-40 with 10.2% (5 out of 49 respondents) And lastly, 4.1% ( 2 out of 49
respondents) were 46-50 yrs. Old. Most of the respondents are below 20 years
old beacause they see to it that the night market is free from age requirement and
easy to penetrate plus it will add up their income. Moreover, they were engage
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
into family business that’s why any of the family member can run the business.
Night market operation served as a perfect time for the students to help their
Sex
Male 21 42.9
Female 28 57.1
Total 49 100.0
Table 2.2 reveals that most of the respondents were females comprising
57.1% (28 out of 49 respondents) of the total sample. On the other hand, 42.9%
(21 out of 49 respondents) were male respondents. This shows that there were
tradition that female vendors are always present inside the market. They are more
likely interested into things like selling. They have this kind of convincing power
and longer patience. While males doesn’t have enough courage to do the
persuasive selling to impress customers. They just go around to help and do the
hard tasks.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Single 21 42.9
Married 28 57.1
Total 49 100.0
Table 2.3 presents that a very large number of the respondents were
with 42.9% (21 out of 49 respondents). This means marital status of the
respondents was predominantly married. They need to work for them to live and
support all their needs including the education of their children and etc. Others
chose to help their parents in selling.While singles chose to work for the sake of
22 44.9
HS Undergraduate HS Graduate
15 30.6
College Graduate
Total 49 100.0
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Almost half of the respondents indicated that they reached a High School
market is free from age requirement. They find it easy to engage into this kind of
business than applying for a job outside. While college level respondents chose to
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Bayombong night market vendors under product. Vendors see this as a moderate
problem because it has a qualitative description agree. They also agree that the
same products are offered by high-class establisments near their site and are
commonly present inside the market. The product are also expose and are easily
withered. It implies that it requires more attention and improvement. On the other
hand, vendors rated product question number 3 disagree, products offered didn’t
meet full quality control. This means that inspite of their problem regarding
products they see to it that they’re offering products that are very good when it
comes into quality. , Also Karl E. Case (2013) stated that product is the sum of
Neeru Kapoor, (2014) stated that managing the product includes planning
and developing the right product or services to be marketed . Vendors can only
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
satisfy needs and wants of consumers only by offering excellent products for
them.
night market under price. The price mean shows a qualitative description agree.
This shows that the vendors believe that price really affects the performance of
their daily sales.On the other hand, the vendors rated disagree on price question 1
and 2: 1.) The price doesn’t meet the quality of a certain product. 2.)Some of the
vendors don’t pay their obligations which makes unfair to others. This means that
they have a reasonable price which commensurate to the quality of product they
are offering to their customers. Moreover, It shows that most of the vendors
follow the rules and policies which they are going to agree and pay their
obligations. However, the vendors can’t hide that they have different prices
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
agree, shown on price question number 3. Vendors have their different prices
on price creates a perfect competition where vendors set their price according to
the competition.
the leading causes of new product failure is either under or over pricing. People
are not going to buy the product in both the circumstances. If a product is
who are not going to buy it. If under priced, like in the case of clothing, watches,
perfumes, etc., it is directly asumed that the company must have compromised on
the quality of the product and it is treated as an inferior product, and again in that
case, people are not willing to purchase it. Therefore it is very important for the
vendors to price the product ideally at a level where it is neither overpriced nor
right base price and strategies concerning discounts, allowance, etc., has to be
worked out very carefully. Price of the product shoud be set in such a way that
the buyers can pay and the vendor can earn adequate profits.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
night market under place. All of the items have a qualitative description agree
exept place question 4, the night market is not in a strategic location. This
explains that their location is good. But there are some cases where they find it
hard for them to handle as they have rated a qualitative description agree. New
and high class business establishments were built near the market which lead to
more competition. The environment around the area is unclean. Limited space
provided to vendors. It means that vendors have great competitors near their area.
More than that, they have their own issues about solid waste management
The same thing as what David L. Kurtz (2011) stated, that place is a
showcase for ingenuity. It’s very important that vendors select locations that are
accesible to the target market. The Bayombong night market vendors need to be
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
description disagree. The vendors rated disagree both promotion question 1 and
revealed that promotion is not really a big deal inside the night market. It
explained that vendors are good when it comes into product merchandising and
abilities. This shows that the vendors do agree that they need training and
promotional tool.
David L. Kurtz (2011) also stated that personal selling often provides
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
more flexible promotion than other forms because the sales person can tailor the
sales message to meet the unique needs or objection of each potential customer.
Larry J. Rosenberg, (2001), also added that personal influence is more accurate
term for the better known ''word-of-mouth advertising". By any name, it has
always been popular with advertisers, partly because it is effective but mostly
because it is free.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Bayombong night market vendors along with the marketing mix variables when
grouped according to their sex. The group statistics shows that there is no
significant difference exept on place. Males are more affected on the problems
knowlegeable when it comes into space and sorroundings. They see to it that they
are in a good position. While females are more focused on their products not
CS N Mean SD t df Sig.
single 21 2.7619 .45053 -.994 47 .325
Product mean
married 28 2.8839 .40530
single 21 2.8413 .55397 1.429 47 .160
Price mean
married 28 2.6310 .47436
single 21 2.7738 .46707 -.090 47 .929
Place mean
married 28 2.7857 .44987
single 21 2.4286 .38214 1.262 47 .213
Promotion mean
married 28 2.2738 .45409
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
encountered by the Bayombong Night Market vendors along with the marketing
mix variables when grouped according to their civil status. It means that both
married and singles are equally influenced by the problems experienced by the
Bayombong night market vendor along with the marketing mix variables when
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
grouped according to their educational attainment. The group statistics shows that
their awareness on price policies than others. The high school graduate and
beginners and they need to follow the imposed rules and regulations. Lastly,
College undergraduate seems like they were at the safe side and they weren’t
focused on the price problems. It is beacause they were enjoying on selling with
different prices leading into customer’s confusion and doesn’t think about their
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
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CHAPTER V
Summary
market vendors.
market vendors in terms of sex, civil status, and educational attainment; (2)
To analyze the data gathered, the following statistical tools were utilized:
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
frequency and percentage to determine the profile of the respondents, median for
and Chi-Square and Mean Rank tools to determine whether there is a significant
when grouped according to their sex, civil status and educational attainment. All
computations were done through the Statistical Package for Social Sciences
1. The vendors inside Bayombong night market have different set of ages.
respondents) and 4.1% ( 2 out of 49 respondents) were 46-50 yrs. old. The female
dominates the number of the repondents with 57.1% while the remaining 42.9%
are male. Their civil status dictates that married respondents have a higher
number with 57% while sigle has 42.9%. Almost half of the respondents
indicated that they reached a High School Level with 44.9%. There are 24.5% of
the respondents are College Undergraduate, while 30.6% have college Graduate
problem which has a product mean agree. They all agree except product
question number 3, products offered didn’t meet full quality control. This
means that inspite of their problem regarding products they see to it that their
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
offered products that are very good when itcomes into quality. On the other
hand, the vendors agree that the same products are offered by high-class
establisments near their site and are commonly present inside the market.
The product are also exposed and are easily withered. It implies that it
2.2 Price. The vendors believe that price really affects the performance of
their daily sales.On the other hand, the vendors rated disagree on price
question 1 and 2: 1.) The price doesn’t meet the quality of a certain product.
2.)Some of the vendors don’t pay their obligations which makes unfair to
others. This means that they have a reasonable price which commensurate to
shows that most of the vendors follow the rules and policies which they are
going to agree and pay their obligations. However, the vendors can’t hide
base from the qualitative decription agree, shown on price question number
2.3 Place. the night market is in strategic location. This explains that
their location is good. But there are some cases where they find it hard for
them to handle as they have rated a qualitative description agree. New and
high class business establishments were built near the market which lead to
space provided to vendors. It means that vendors have great competitors near
48
Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
their area. More than that, they have their own issues about solid waste
This revealed that promotion is not really a big deal inside the night market.
It explained that vendors are good when it comes into product merchandising
entrepreneurial abilities. This shows that the vendors do agree that they need
3.1 The significant difference between the respondents’ sex on the problems
or 4 P’s.
a. Among the entire variables that fall under “product” show no significant
difference between the male and female vendors. Both sex showed that they
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
when grouped according to their sex. Male respondents are more affected on
the problems regarding their placement than females. It is because males are
more knoledgeable when it comes into space and sorroundings. They see to it
that they are in a good position. While females are more focus on their
3.2 The significant difference between the respondents’ civil status on the
variables or 4 P’s.
a. Group statistics shows that among the 4 P’s have no significant difference
grouped according to their civil status. It means that both married and singles
3.3 The significant difference between the respondents’ civil status on the
variables or 4 P’s.
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
more affected on price issues due to their awareness on price policies than
others. The high school graduate and undergraduate were at little concious
on prices because they were considered as beginners and they need to follow
the imposed rules and regulations. Lastly, College undergraduate seems like
they were at the safe side and they weren’t focus on the price problems. It is
beacause they were enjoying on selling with different prices leading into
customer’s confusion and doesn’t think about their obligations which make
Conclusions
1. Most of the respondent are below 20 years old. Majority of them were married.
The female vendors dominated the respondents. Almost half of the respondents
indicated that they reached high school level as their highest educational
attainment.
2.1 Product. The vendors see this as a moderate problem because it has a
2.2 Price. The price rated mean has a qualitative description of agree which
2.3 Place. The vendors rated place as a moderate problem because it has a
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
2.4 Promotion. The vendors think that this issue is slightly a problem to them
because males are more learned when it comes into space and sorroundings. They
see to it that they are in a good position. While females are more focus on their
3.2 The significant difference between the respondents’ civil status on the
to their civil status. It means that both married and singles are equally influenced
by the problems experienced by the vendors along with the marketing mix
variables.
3.3 The significant difference between the respondents’ civil status on the
price issues due to their awareness on price policies than others. The high
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
they were considered as beginners and they need to follow the imposed rules
and regulations. Lastly, College undergraduate seems like they were at the safe
side and they weren’t focus on the price problems. It is beacause they were
enjoying on selling with different prices leading into customer’s confusion and
doesn’t think about their obligations which make unfair to other vendors.
Recommendations
Vendors
The Bayombong night market vendors must see to it that they are
They must also consider various policies to lessen down all the conflicts
Future Researchers
Future reseachers who would want to study the same topic are
encouraged to widen the scope of their study. Increase their sample and
53
Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Bibliography
Go, J. (2013). Marekting Plan: Profit Strategy (2nd Ed.), Josian Go and Chique
Escareal-Go
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Love, C., H., & wirtz, J. (2007) Service marekting (6th Ed.) Person Education
South Asia Pte. Ltd.
Ng, F (March 18, 2014). Marketing Function and How to Apply Them to Your
Business from http://www.udemy.com/blog/marketing-functions
Pinki Kumari (2015). Issues and Challenges for Street Vendors in Delhi.
Retrieved October 15, 2015)
http://econpapers.repec.org/paper/unpwpaper/200803.htm
Tucker, I. (2017). Microeconomics for Today: Market Structures (9th Ed.), Cengae
Learning
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Appendices
Dear Respondents,
We, the 4th year BSBA-Marketing Management students are currently conducting
a research entitled “Problems Encountered by Bayombong Night Market
Vendors: A Basis for Improved Marketing Strategies” in Bayombong Night
Market, Bayombong, NuevaVizcaya.
In this regard, may we request your time and cooperation by answering the
questions attached to this letter. All information gathered shall be treated with
utmost confidentiality and will be use for research purposes only.
Thank you and God Bless.
Respectfully yours,
Jenifer F. Bernal
Daren P. Ignacio
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Noted By:
A.1 Product
No. Problems 1 2 3 4
1. The same products are offered by high-class business
establishment near Bayombong night market.
2. Fresh products are easily withered due to difficulty in
preserving the goods until the market operation.
3 Products offered didn’t meet full quality control.
4 The street foods offered are exposed and may lead to
contamination.
5 Others, please specify:
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
A.2 Price
No. Problems 1 2 3 4
1. The price doesn't meet the quality of a certain
product.
2. Some of the vendors doesn’t pay their obligations
which makes unfair to others.
3. Vendors have their different prices leading into
customers’ confusion.
4. Others, please specify:
A.3 Place
No. Problems 1 2 3 4
1. New and high-class business establishment were built
near the market which leads into more competition.
2. The environment around the area is unclean.
3. Limited space provided to vendors.
4. The night market is not in a strategic location.
5. Others, please specify:
a.4 Promotion
No. Problems 1 2 3 4
1 Lack of promotional materials.
2. Vendors need training and seminars to enhance their
entrepreneurial abilities.
3. Poor product presentation.
4. Others, please specify:
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
DAREN P. IGNACIO
Purok 1, San Pascual, Diffun, Quirino
Email Address: darenrenz@gmail.com
EDUCATION
Tertiary: Bachelor of Science in Business Administration
Major in Marketing Management
Saint Mary’s University
Bayombong, Nueva Vizcaya
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
WORK EXPERIENCES
• LGU Solano
On-the-Job-Training
Bayombong, Nueva Vizcaya
• Jollibee Food Corporation
Service Crew (Marketing)
Solano, Nueva Vizcaya
SEMINARS AND TRAINING ATTENDED
• Business Process Outsourcing
Saint Marys University
• Marketing Management Seminar
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
Cabarroguis, Quirino
Theme: “Managing Emotions and Excelling Under Pressure in the
Workplace”
• Marketing Seminar-Workshop
Cabarroguis, Quirino
Theme: “Partnering Your Boss: Strategic Skills For Administrative
Professionals”
JENIFER F. BERNAL
ViztaAlegre, Bayombong, Nueva Vizcaya
E-mail Address: Jenijenb@yahoo.com
EDUCATION
Tertiary: Bachelor of Science in Business
Administration
Major in Marketing Management
Saint Mary’s University
Bayombong, Nueva Vizcaya
WORK EXPERIENCES
• Philippine National Bank
On-the-Job-Training
Bayombong, Nueva Vizcaya
• Jollibee Food Corporation
Service Crew (Marketing)
Solano, Nueva Vizcaya
SEMINARS AND TRAINING ATTENDED
• Business Process Outsourcing
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Problems Encountered by Bayombong Night Market Vendors : A Basis for Improved
Marketing Strategies
62