ABSTRACT
The study "Analyses of
Dynamics of Honey Marketing in Abia State, Nigeria" was conducted in Abia
State. The specie objectives were to examine the socio-economic characteristics
of respondents, determine the market structure with respect to degree of market
concentration, analyze the cost and returns, marketing margin and marketing efficiency,
and identify the factors influencing profits among both retailers and
wholesalers. A total of 85 marketers comprising of 40 wholesalers and 45
retailers as well as 100 customers were selected from a local government
belonging to one of the Agricultural zones of the State, thus, 120 respondents
were selected and interviewed with well-structured questionnaires. The result
showed that males dominated the both markets with a fair distribution of ages.
The Gini coefficient values for wholesalers and retailers were given as 0.08
and 0.20 respectively. This result implies that there was high equality in
sales value in the both markets. The marketing margins and efficiency were high
indicating the existence of excellent performance in the entire honey market.
The multiple regression analysis showed that there were significant factors
influencing marketers 'profits. it showed that marketing experience and
patronage size were positively related to profits in both markets too. Based on
the findings of the study, it was recommended that government should provide
rural areas with developmental project so as to reduce youth 's urban migration
and thus get them involved in honey marketing and as well provide marketers with
market grants or loans at very low interest rate so as to to improve on the
viability of honey marketing in the study area. There is need to curb the
anomaly of excess hike in transport cost by transporters which is in turn
exploited by honey marketers. Marketers on their own are advised to form
cooperatives. This would make for interactions and transfer of ideas on market
intricacies for the purpose of improving overall profits.
OSEGI, C (2021). The Analysis Of Dynamics Of Honey Marketing In Abia State, Nigeria. Mouau.afribary.org: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/the-analysis-of-dynamics-of-honey-marketing-in-abia-state-nigeria-7-2
CHIEMEKA, OSEGI. "The Analysis Of Dynamics Of Honey Marketing In Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 04 Aug. 2021, https://repository.mouau.edu.ng/work/view/the-analysis-of-dynamics-of-honey-marketing-in-abia-state-nigeria-7-2. Accessed 23 Nov. 2024.
CHIEMEKA, OSEGI. "The Analysis Of Dynamics Of Honey Marketing In Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 04 Aug. 2021. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-analysis-of-dynamics-of-honey-marketing-in-abia-state-nigeria-7-2 >.
CHIEMEKA, OSEGI. "The Analysis Of Dynamics Of Honey Marketing In Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-analysis-of-dynamics-of-honey-marketing-in-abia-state-nigeria-7-2