Bargaining Power of Suppliers and Differentiation Strategy, Evaluation of the Effect on Market Growth of Household Consumer Goods Companies in Nigeria

Authors

  • Jacob Olubukola OLADIPO Marketing Department, Faculty of Management Sciences. Ladoke Akintola University of Technology. P.M.B 4000. Ogbomoso. Oyo State. Nigeria Author
  • Akintunde Jonathan OYEDOKUN Department of Business Management, Faculty of Management Sciences. Ladoke Akintola University of Technology. P.M.B 4000. Ogbomoso. Oyo State. Nigeria. Author
  • Jolaolu Olumide OYELEYE Marketing Department, Faculty of Management Sciences. Ladoke Akintola University of Technology. P.M.B 4000. Ogbomoso. Oyo State. Nigeria Author
  • Bolarinwa Stephen OJO Department of Business Administration, Federal Polytechnic Ayede, Oyo State, P.M.B 4001. Ogbomoso, Nigeria. Author

Keywords:

Bargaining power of suppliers, Differentiation strategy, Market growth, Consumer goods companies, Household.

Abstract

The study examines the relationship between the bargaining power of suppliers and differentiation strategy on market growth in the consumer goods sector in Nigeria, focusing on four listed companies. Data was collected through a questionnaire and analyzed using multivariate regression analysis, CFA, and SEM. The study found that a differentiation strategy has a positive and significant effect on market growth, while the bargaining power of suppliers does not. However, both factors are important to consider for companies operating in the sector. The study highlights the need for further analysis to establish causality and identify other potential factors that may impact market growth.

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Published

2025-10-03

How to Cite

OLADIPO, J. O., OYEDOKUN , A. J., OYELEYE, J. O., & Stephen OJO, B. (2025). Bargaining Power of Suppliers and Differentiation Strategy, Evaluation of the Effect on Market Growth of Household Consumer Goods Companies in Nigeria. Journal of Management Research and Review, 1(04), 78-86. https://jmrr.ep-journals.org/index.php/jmrr/article/view/13