PROMOTING SMALL AND MEDIUM-SCALE ENTERPRISES (SMES) FOR CURBING YOUTHS’ UNEMPLOYMENT AND RESTIVENESS IN NIGERIA
DOI:
https://doi.org/10.64415/jgpmc.v1i1.9Abstract
The study was an appraisal of integrated marketing communication (IMC) for promoting small and medium-scale entrepreneurship among the Nigerian youths as a measure for reducing youths’ unemployment in the country. It was motivated by the high rate of unemployment in the country and the attendant negative social consequences. The specific objectives were to: determine the effect of social marketing as a tool for promoting youths’ adoption of SMEs in the country; examine the relationship between social-media as marketing communication tool for promoting youths’ adoption of SMEs in the country; and ascertain the relationship between word-of-mouth communications as marketing communication tool for promoting youths’ adoption of SMEs in the country. Explorative survey design was adopted in the study. Population was made up of fresh university graduates from University of Calabar and the Cross River State University of Science and Technology in the 2016/2017 academic session, numbering 11,000. A sample size of 399 was statistically determined from that population, using Taro Yamane’s formular. Data procured were analysed with inferential statistics of Chi-Square and Spearman correlation coefficient. Results obtained indicate that: social marketing was significantly effective as a tool for promoting youths’ adoption of SMEs in Nigeria; there was a significant relationship between social-media as marketing communication tool and youths’ adoption of SMEs in the country; and there was a significant relationship between word-of-mouth communications as marketing communication tool and youths’ adoption of SMEs in the country. Based on these outcomes, it was recommended that integrated marketing communication tools of social marketing, social-media and word-of-mouth (WOM) communications should be employed by the relevant governmental agencies in winning Nigerian youths’ acceptance of SMEs as an antidote against unemployment.
