ABSTRACT
The objective of the study was to
analyse the economics of banana marketing in Umuahia Agricultural zone of Abia
State. Both primary and secondary data were used in accomplishing the study.
Primary data were obtained through a well — structured questionnaire, which
were randomly distributed to sixty (60) traders, while secondary data were sourced
from texts, journal and other relevant research works. A total of sixty traders
were randomly selected from three markets: Ariam, Ndoro and Umuahia Main
Market. The data were analysed using frequency distribution, tables,
percentages, marketing margin and regression analysis. Results show that most
of the traders were in their youthful age, less educated and mostly females.
The marketing margin for both wholesalers and retailers were 46% and 34%
respectively. Regression results show that education, age, quantity bought,
selling price and purchase price were the only significant variables that
affected the profit of the traders. Education, quantity bought and selling
price were positively to profit. Traders were constrained by finance,
seasonality, and high transportation cost. Based on the findings, it is
recommended that traders should be educated to enable them adopt innovations in
the area of marketing; cooperative societies should be encouraged to assist
them in obtaining loans from financial institutions.
AGOMUO, C (2021). Economics Of Banana Marketing In Umuahia Agricultural Zone Of Abia State. Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/economics-of-banana-marketing-in-umuahia-agricultural-zone-of-abia-state-7-2
C, AGOMUO. "Economics Of Banana Marketing In Umuahia Agricultural Zone Of Abia State" Mouau.afribary.org. Mouau.afribary.org, 09 Jul. 2021, https://repository.mouau.edu.ng/work/view/economics-of-banana-marketing-in-umuahia-agricultural-zone-of-abia-state-7-2. Accessed 24 Nov. 2024.
C, AGOMUO. "Economics Of Banana Marketing In Umuahia Agricultural Zone Of Abia State". Mouau.afribary.org, Mouau.afribary.org, 09 Jul. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-of-banana-marketing-in-umuahia-agricultural-zone-of-abia-state-7-2 >.
C, AGOMUO. "Economics Of Banana Marketing In Umuahia Agricultural Zone Of Abia State" Mouau.afribary.org (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-of-banana-marketing-in-umuahia-agricultural-zone-of-abia-state-7-2