MARKETING

WAEC SYLLABUS ON MARKETING

PREAMBLE:

The Marketing syllabus at the Senior Secondary School level in Nigeria is designed toassess the candidates’ basic knowledge of marketing. It includes an overview ofmarketing, marketing concepts, marketing mix, consumer and organizational behaviour,marketing management and entrepreneurship.

AIM AND OBJECTIVES

The aim of the examination is to test candidates’
(1) knowledge, skills, concepts needed to practice marketing as a career.
(2) ability to set up and manage a market outlet.
(3) understanding of the roles of marketing in the economy

SCHEME OF EXAMINATION

There will be two papers, Papers 1 and 2, both of which will constitute a composite paper to betaken at one sitting.

PAPER 1:

will consist of forty multiple‐choice objective questions which will cover theentire syllabus. Candidates are expected to answer all the questions in 50minutes for 40 marks.

PAPER 2:

will be a 2‐hour paper consisting of six essay questions, out of whichcandidates will be expected to answer any four for 80 marks.


DETAILED SYLLABUS

S/NOTOPICSNOTES

1.

Introduction toMarketing

(a) Meaning;
(b) Explanation of basic terms in marketing: needs, wants,demands, product, exchange, transactions, and markets,
(c) Brief history of marketing in Nigeria;
(d) Functions of marketing.

2.

Marketing Concepts

(a) Meaning;
(b) Various marketing concepts (production, product, selling,marketing and societal marketing).

3.

Marketing Mix andMarketingEnvironment

(a) Meaning;
(b) Elements (4 Ps);
(c)i Explain Marketing Environment
(c)ii Factors affecting marketing environment:
‐ political;
‐ cultural;
‐ religious;
‐ economic;
‐ technological;
‐ social.

4.

Products

(a) Meaning;(b) Classification (Industrial goods, consumer goods,services, primary and secondary products and mineralproducts‐oil and non oil;(c) Distinctions between classes of products.(d) Product Design*

5.

Markets

(a) Meaning;
(b) Classification:
‐ Consumer;
‐ Organization (industrial, reseller and government)

6.

Consumer andOrganizational Behaviour

(a) Meaning;
(b) Influencing factors;
(c) Decision process in logical order

7.

Marketing Planningand Research

(a)i Meaning, process and importance;
ii Elements of marketing planning;
iii Information required for marketing planning
(b) Reasons for marketing planning and research.
(c) Utilization of feedback

8.

Pricing

(a) Meaning;
(b)i Strategies (haggling, cost‐plus, demand andcompetition);
ii Application of strategies*
(c) Price determinants.

9.

Advertising

(a) Definition;
(b) Functions;
(c) Media ‐ meaning, types, advantages and disadvantages.
(d) Production of sample adverts*

10.

Sales Promotion

(a) Meaning and Functions;
(b) Forms ‐ price‐off, coupons, salesmen competition,loyalty schemes, premium offers, trade‐in‐allowance,sampling, training schemes, and merchandising incentives.

11.

Merchandising

(a) Meaning;
(b) Elements (packaging, branding and labeling)
(C) Influencing factors;
(d) Functions.

12.

Distribution

(a) Definition;
(b) Channels of distribution (definition and types)
(c) Factors influencing choice of distribution channels
(d) Functions of channel members.

13.

Transportation

(a) Meaning, mode, choice and importance;
(b) Documents used in transportation;
(c) Factors affecting choice of transportation

14.

Warehousing

(a) Meaning, types and functions.
(b) Activities in the warehouse

15.

Market Unions andFacilitators

(a) Market Unions (Meaning and types)
(b) Roles of Market Unions in local markets;
(c) Market Facilitators – meaning, types and roles.

16.

InternationalMarketing

(a) Meaning, importance/reasons and methods of engaging ininternational marketing;
(b) Influencing factors;
(c) Guiding rules and regulations;

17.

ICT in Marketing

E‐Marketing (electronic marketing) –
meaning,importance,
uses,
ethics and abuses.

18.

Entrepreneurship inMarketing

(a) Meaning of entrepreneurship and entrepreneur;
(b) Sources of funds;
(c) Factors affecting location of a market outlet;
(d) Management of market outlets – purchase and supply ofgoods and services;
(e) Selling and bargaining skills;
*Emphasis should be on practical

SUGGESTED READING LIST

(1) Fundamentals of Marketing by O.O. Shokan – MAM Education Limited, Lagos.

(2) Commerce Textbook by G.A. Saka and Nnabuko J.O. – Emiola Publisher Ltd

(3) Marketing in Nigeria: Concepts, Principles and Decisions, 2nd Edition by B.A. Agbonifoh,O.E Ogwo, D.A. Nnolim, and A.D. Nkamnebe, (2007). ‐ Afritowers Limited Publisher.

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