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  • 标题:Strategies for Lease Volume Enhancement: Study of the Nigeria Lease Market 2001-2011
  • 本地全文:下载
  • 作者:A. E. NDU OKO ; Isu Hamilton O.
  • 期刊名称:International Business Research
  • 印刷版ISSN:1913-9004
  • 电子版ISSN:1913-9012
  • 出版年度:2013
  • 卷号:6
  • 期号:8
  • 页码:38
  • DOI:10.5539/ibr.v6n8p38
  • 出版社:Canadian Center of Science and Education
  • 摘要:The Nigeria lease market given the relatively poor per capita income, but willingness among the high economic
    population to spend and the growth in the oil gas industry as well as road transportation compared to other
    African nations ought to record higher volume of lease transactions. Contrary to expectations, the lease volume
    has remained low. It is in doubt if the total lease volume recorded in Nigeria would have generated enough profit
    to sustain the number of firms that are actively involved in sales-(marketing) of lease services; if these firms
    were solely involved in lease businesses. The relatively low volume of lease transactions suggests that the
    market capacities are grossly under utilized. This is evidenced as the work compared the situation in Nigeria
    with South Africa based on survey research method; with special interest on the marketing principles, strategies
    and policies for lease service marketing. Results show that the Nigeria lease marketing activities experience
    inefficiency sequel to poor control of administrative and legal costs, low level of customer services among others.
    Hence lease sales volume is low. Thus strategies for lease volume enhancement as recommendations are
    discussed to include: creation of competitive advantage, specialization in lease marketing, customer services
    flexibility, enhanced funding ability among others.
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