NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management, Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29 http://indusedu.org Page 17 This work is licensed under a Creative Commons Attribution 4.0 International License The Impact of Product on the Company’s Notoriety and turnover: Case of Airtel Money on Airtel-Congo Company in the Congolese Mobile Phone Market NGOMAH LE TEMPS Décide Amour Prestige 1 and Qin Yuanjian 2 1 (School of Management, Wuhan University of Technology, P.R. China, 430070, No. 2803, Building 4, Hongshan District home, Nanhu New Town, Wuhan City) 2 (School of Management, Wuhan University of Technology, P.R. China, 430070, No. 147 Luoshinan Road, Hongshan, Wuhan, Hubei, China, 430070) Abstract: This book reviews a sharp analysis of the impact of products on the growth of the enterprise in general. It examines in particular: the influence and positive contribution of the Airtel money product over the reputation and the turnover of Airtel Congo. To measure the impact of this product on the brand image and the development of its manufacturer (Airtel Congo), an analytical and comparative study was made between the Airtel Money product and the other products of Airtel Congo. In addition, a comparison with the similar product of the competition namely MTN Mobile Money (MMM) was done. A comparative approach focusing on PCA (Principal Component Analysis) with the help of the Excel software, where Airtel money was used to measure the notoriety or reputation of the Airtel Congo Company, was applied to affirm the hypotheses and solve the problem of this study. Keywords: Impact, Airtel money, Reputation, Turnover, Mobile telephony, Market. I. INTRODUCTION Since the abysses of the times, it is undeniably recognized in any market that the product constitutes the element that unites the manufacturer (company) and the consumer (the buyer). In this perspective, marketing researchers have gone so far as to define the market as the place where supply and demand meet (Claude Demeure, 2008) [1] . For Lendrevie, Lévy and Lindon (2009) [2] , a market is perceived as a space where supply and demand meet, and every supply in a market is a product. Indeed, if the product is the basis or the origin of the meeting between the offer and the applicant, this implies that it has an important and indispensable feature in this relationship. It seems to be the central element, even the keystone in the relationship between the company and its customers (Yvan Valsecchi, 2009) [3] . Thus, there is a certain complexity to the extent that, the company in manufacturing its product ultimately aims at profit. However, consumers on their side, wanting perfect satisfaction in the consumption of products, become more and more exigent towards the suppliers. This leads many companies to place emphasis on the quality of the product to be introduced into the market. In this perspective, Yvan Valsecchi (2009) [3] states: “The consumer prefers the product that offers better performance”. For Don Junior Ngomah [4] [5] , the company must therefore focus on improving the quality of its production first. Airtel Congo, which is in a so-called competitive market, is directly concerned by this reality. As a result, the company undertakes profound reflections in the manufacture of its products in order to completely satisfy its customers. But, the satisfaction of the customer in the consumption of the product of his choice leads without any doubt to the reputation of the product and the company which manufactured it; satisfaction stimulates consumers to the act of purchase, hence the growth of the turnover. With the respective financial expansions of 500,000; 1000,100, 1100800, 1200000, 1350000 consumers from 2012 to 2016 (see table 1) [6] , Airtel money became the lead product of Airtel Congo, a concept defined by Michael E. Poter, (1998) [7] as a product with a strong contribution in a still growing market or a product with an interesting development potential for the company. Significance This research will enable companies in general, and Airtel Congo in particular, to place particular emphasis on the quality and innovation of their products. Nowadays, many companies in competitive markets prefer to focus their management and marketing on promotion (communication), distribution (Place) and cost (Price), and seem to neglect the product factor or even product design. This lack of attention and care in the design, implementation of a product or service results in many companies failing in their business, regardless of the market in which they operate (monopoly or competitive market). This study clearly shows that the Airtel Money product of the international Airtel group is a very strategic product and a great added value both for the
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NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
http://indusedu.org Page 17
This work is licensed under a Creative Commons Attribution 4.0 International License
The Impact of Product on the Company’s
Notoriety and turnover: Case of Airtel
Money on Airtel-Congo Company in the
Congolese Mobile Phone Market
NGOMAH LE TEMPS Décide Amour Prestige1 and Qin Yuanjian
2
1(School of Management, Wuhan University of Technology, P.R. China, 430070, No. 2803, Building 4,
Hongshan District home, Nanhu New Town, Wuhan City) 2(School of Management, Wuhan University of Technology, P.R. China, 430070, No. 147 Luoshinan Road,
Hongshan, Wuhan, Hubei, China, 430070)
Abstract: This book reviews a sharp analysis of the impact of products on the growth of the enterprise in
general. It examines in particular: the influence and positive contribution of the Airtel money product over the
reputation and the turnover of Airtel Congo. To measure the impact of this product on the brand image and the
development of its manufacturer (Airtel Congo), an analytical and comparative study was made between the
Airtel Money product and the other products of Airtel Congo. In addition, a comparison with the similar
product of the competition namely MTN Mobile Money (MMM) was done. A comparative approach focusing on
PCA (Principal Component Analysis) with the help of the Excel software, where Airtel money was used to
measure the notoriety or reputation of the Airtel Congo Company, was applied to affirm the hypotheses and
solve the problem of this study.
Keywords: Impact, Airtel money, Reputation, Turnover, Mobile telephony, Market.
I. INTRODUCTION Since the abysses of the times, it is undeniably recognized in any market that the product constitutes
the element that unites the manufacturer (company) and the consumer (the buyer). In this perspective, marketing
researchers have gone so far as to define the market as the place where supply and demand meet (Claude
Demeure, 2008) [1]
. For Lendrevie, Lévy and Lindon (2009) [2]
, a market is perceived as a space where supply
and demand meet, and every supply in a market is a product. Indeed, if the product is the basis or the origin of
the meeting between the offer and the applicant, this implies that it has an important and indispensable feature in
this relationship. It seems to be the central element, even the keystone in the relationship between the company
and its customers (Yvan Valsecchi, 2009) [3]
. Thus, there is a certain complexity to the extent that, the company
in manufacturing its product ultimately aims at profit.
However, consumers on their side, wanting perfect satisfaction in the consumption of products, become
more and more exigent towards the suppliers. This leads many companies to place emphasis on the quality of
the product to be introduced into the market. In this perspective, Yvan Valsecchi (2009) [3]
states: “The
consumer prefers the product that offers better performance”. For Don Junior Ngomah [4] [5]
, the company must
therefore focus on improving the quality of its production first. Airtel Congo, which is in a so-called competitive
market, is directly concerned by this reality.
As a result, the company undertakes profound reflections in the manufacture of its products in order to
completely satisfy its customers. But, the satisfaction of the customer in the consumption of the product of his
choice leads without any doubt to the reputation of the product and the company which manufactured it;
satisfaction stimulates consumers to the act of purchase, hence the growth of the turnover. With the respective
financial expansions of 500,000; 1000,100, 1100800, 1200000, 1350000 consumers from 2012 to 2016 (see
table 1) [6]
, Airtel money became the lead product of Airtel Congo, a concept defined by Michael E. Poter,
(1998)[7]
as a product with a strong contribution in a still growing market or a product with an interesting
development potential for the company.
Significance
This research will enable companies in general, and Airtel Congo in particular, to place particular
emphasis on the quality and innovation of their products. Nowadays, many companies in competitive markets
prefer to focus their management and marketing on promotion (communication), distribution (Place) and cost
(Price), and seem to neglect the product factor or even product design. This lack of attention and care in the
design, implementation of a product or service results in many companies failing in their business, regardless of
the market in which they operate (monopoly or competitive market). This study clearly shows that the Airtel
Money product of the international Airtel group is a very strategic product and a great added value both for the
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
http://indusedu.org Page 18
This work is licensed under a Creative Commons Attribution 4.0 International License
brand image and the growth of the group's turnover in general and for Airtel-Congo in particular. In this
research, we want to show the importance of the "Product" strategy for the health, well-being and life of
companies. The growth of the above-mentioned figures shows how the Airtel-Money product has changed the
image and financial situation of Airtel in Congo Brazzaville. So any company of any kind is supposed to
consider the product element as the epicenter of all its activities. It is the design, quality and performance of a
product or service that will determine the future of the company. In this perspective, a new approach represented
schematically through figures explains the orientation of our research. It is the dazzling success of this product
on the Congolese market of mobile telephony that leads us to conduct this study focused on the following
objectives.
General objective
Analyze the impact of products on the growth and image of companies.
Specific objectives
Examine the influence and contribution of the product Airtel money on the turnover and the
expertise of the company Airtel Congo.
Evaluate the place and reputation of the Airtel money on the Congolese market of the mobile
telephony compared to the other products of Airtel Congo and compare its sales force or its
level of consumption over competing products.
Problem statement
What is the impact of products on the growth and image of a company?
What is Airtel Money's contribution to the growth of the turnover and the notoriety of Airtel
Congo?
What is the place of Airtel Money compared to the competing products and other products of
Airtel Congo?
Assumptions
The good quality of products (goods and services) of a company can be an added value on the
performance, growth and brand image of the company.
Airtel money can be a vector that effectively contributes to the growth of Airtel's reputation
and turnover in the market of mobile telephony in Congo Brazzaville.
The level of consumption of the Airtel Money product can explain its leadership on the other
Airtel products and the competing products from other companies.
II. RESEARCH METHODOLOGY In order to carry on this study, we mainly used three methods: the analytical technique, the survey
technique and the documentary technique. These techniques helped us to collect, analyze and interpret the data.
In fact, we observed the Congolese market of mobile telephony, consulted some documents dealing directly or
indirectly with certain aspects of our research. The different information collected helped us to solve the
problems encountered and assumptions of our study.
Reasearch
Methology
Qualitative
MethodAnalytical technique
Quantitative
MethodSurvey Technique
Results and
Conclusion
Fig. 1 Research methodology
III. LITERATURE REVIEW The impact of the product on the performance and turnover of the company
It is naturally recognized that Man is a being filled with needs of all kinds and / or all types. This is
what Abraham Maslow[8]
tries to represent schematically by a pyramidal figure describing clearly and gradually
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
http://indusedu.org Page 19
This work is licensed under a Creative Commons Attribution 4.0 International License
the different needs to which man is devoted, among which: physiological needs, security needs, Social needs,
Ego needs, Self-actualization (confers the following diagram):
Figure 1 Needs Pyramid (Abraham Maslow)
Logically, when a person feels a need of some kind, he or she would like to achieve the satisfaction of
that need. This satisfaction leads her freely to have her preferences and make her choices. This makes this
person more and more demanding. This truth where the person who wants to satisfy his needs while being
demanding is highly noticeable in the relationship between a company and its customer. In this perspective,
Yvan Valsecchi (2009)[3]
states: The consumer prefers the product that offers better performance. Thus, the
company must therefore focus on improving the quality of its production. For him, a company that wants to
market its production effectively is supposed to place particular emphasis on the quality of its product. In this
sense, we want to understand through a literary review the place and influence of a product on the image and
growth of a company.
Several authors have written on this subject, and think that the growth of a company depends on the
quality of the product that this company makes available to its customers with the objective of matching the
product to the expectation (need) and/or to the Satisfaction of its consumers. Others also think that the quality of
a product is not enough to excite or drive a customer to the deed of purchase and boost the sales of it (product);
but in addition to product quality, adequate marketing strategies must be put in place to instill in consumers'
minds a certain image of the product.
Thus, to justify the dominance of the product in the life or image of a company, Lendrevie, Lévi and
Lindon (2009) [2]
state that marketing should not only be concerned with the marketing and communication of an
offer, but also and firstly contribute to the conception of an offer capable to meet the expectations of customers.
For them, the conception of an offer (product) is of nodal importance, because the product represents the key
element of the company. It is appropriate to place special emphasis on its manufacture or design. Indeed, a good
offer to customers is a universal key capable of opening all the doors of success and / or success of a company
that markets it. It is true that without the other elements such as communication, advertising and distribution, the
product cannot be known by itself or have any notoriety; however, it remains unmistakably the masterpiece of
the enterprise without which one cannot really speak of a business or its existence.
According to Claude Demeure (2008)[1]
, among the components of the marketing mix, the product is
certainly the most important for the consumer, since it represents what he (consumer) wants to acquire. For the
company, it (component = product) is the materialization of the marketing strategy and the work done by the
employees. Here, Demeure lets know that the product is the base or the very foundation of a business; that is the
purpose of the company. We cannot talk about a company if it is not intended to put its product (good or
service) at the disposal of its potential or current customers. In this same order of ideas, it increases by
instructing: to study a market and to make a prospective study are indispensable in the process of sale of a
product; However, the quality and positioning of a product is an undeniable and indisputable asset that promotes
the sale of the product and therefore strengthens the profits of the company that sells it. All in all, he clearly
shows the important place that the product factor occupies in the image and the profitability of the company.
Brenneman R. (2001)[9]
, whose comments support previous authors, states that the company is in a position of
weakness when it does not offer its customers the product that meets their expectations. Many companies fail
because they do not put a particular emphasis on the product they market. In fact, any company whatsoever,
must put a specific focus on the first “P” (Product) if it wants to increase its sales and turnover or if it wants to
create, improve and strengthen its brand image; That is, its notoriety or reputation. According to him, the sales
force of goods and services begins with the quality of these before touching other strategies. Ngomah Le Temps
Security Needs
Self Actualization
Ego Needs
Social Needs
Biological/Physiological Needs
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
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This work is licensed under a Creative Commons Attribution 4.0 International License
Décide AP (2012)[10]
quoted by Ngomah Madgil D (2016)[4]
in the same perspective as Brenneman R. (2001),
adds: the efficiency and performance of a company goes first by the quality and presentation of his product
before addressing other commercial marketing variables such as promotion, distribution... For him, it is not
enough to make professionally stressed communications when one is aware that his product does not meet
expectations and or the requirements of its current or potential customers.
J.M Lauginie (1987)[11]
talks about the strategies involved in the sale of products, but focuses on the
product itself. According to him, the product is the key element or the epicenter of any marketing process. In
truth, a company that wants to be transcendent and effective; insightful and efficient will have to present to its
public a better production than that of its competitors. This is what the Airtel-Congo Company is trying to
highlight with its new product Airtel Money.
Link between product quality and company performance
Hajer Zorgati and Lassaad Lakhal [12]
want to explain the link between the quality of the product and
the financial performance of the company stipulate: the economic environment has completely changed. So
companies nowadays have to differentiate themselves if they want to prosper and survive. As a result, the
implementation of quality management is an alternative to ensure the company's continuity in an increasingly
changing environment. The introduction of quality management will result in improved product quality. Indeed,
there is a positive and close relationship between product quality and the performance of the company that
markets it ¨ Adam et al. (1997), Forker et al., (1996), Maani et al., (1994), Lakhal and Pasin, (2008), Nilsson et
al., (2001), Buzzel and Weirsema (1981), Curkovic et al., (2000), For them, it is the central piece that promotes
the company's growth and even reputation.[13, 14, 15, 16, 17, 18, 19]
As part of their research on "Profit Impact of Market Strategy (PIMS)" Buzzel and Weirsema (1981) [18]
support the idea of a positive relationship between the quality of the product and the financial performance of
the company that sells it. The analysis of Forker et al.(1996) [14]
and Curkovic et al.(1999) [19]
put in place the
existence of a positive relationship between quality and growth of the company's turnover. In the same
perspective, the empirical study of Maani et al.(1994) [15]
shows the presence of a weak relationship between
product quality and financial performance, but statistically significant. In fact, this study by Maani et al.(1994)
[15]can be considered as one of the most comprehensive empirical studies that investigates the relationship
between product and turnover performance and company awareness. The study by Forker et al.(1996)[14]
focused
on the furniture industry to study the relationship between quality dimensions and financial performance. The
purpose of this study was to research the product's contribution to the performance of its business.
Adam et al.(1997)[13]
conducting an international study of 977 firms located in Asia, Europe and North
America to study the contribution of products and their effects on business performance and growth, show that
innovation in product design significantly improves company sales and can give them a positive reputation with
customers in a mainly competitive market. The truth is that when a company's sales increase, it directly or
implicitly explains the increase in that company's turnover.
The research of Curkovic et al.(1999) [19]
focused on the principal component analysis show that two
factors are significantly involved in the evolution of the company: the quality of the product that groups together
(compliance with specifications, product reliability, product durability and quality of the design) and the quality
of the service that brings together (product support, pre-sales service and customer sensitivity).The results show
that both factors: product quality and quality of service contribute to performance.
Of all the foregoing, it should be noted that the product is a key and indispensable element in the
growth of the company in all its forms: turnover growth, increase of customers, and positive brand image with
Consumers. We already understand that the company Airtel Congo has entered this strategic angle by making
available to its customers the product Airtel Money, which could have a positive impact on its turnover and its
notoriety on the Congolese market for mobile telephony where competition is of great magnitude.
On the other hand, as regards Erick Munung (2004) [20]
, the commercial performance and reputation of
a company consist not only in the development of a product, the choice of a price and a distribution method, but
also and above all in the communication (promotion) to which it will be subjected. Indeed, to go beyond
spontaneous sales, the company must design and transmit information to its customers, suppliers, retailers and
the various stakeholders that make up its business environment. For him, it is true that the product is an essential
vector within a company, however, the product actually takes its value or meaning only when it is bought and
consumed by a customer.
However, the customer cannot access the consumption of the product without it (the product) being
communicable. That is to say, the product is actually produced only if its manufacturer takes care to proceed
with advertising or commercial communication of said product. It therefore evokes the communicative value in
the process of the sales force and /or the reputation of the product. In addition, no product whatever its quality,
its packaging can be considered or give the reputation to its manufacturer if it is not previously the subject of a
communication. In their publication entitled Marketing Management 14th Edition, Philip Kotler, Kevin Keller,
Delphine Manceau (2012) [21]
defined the "strategy promotion" of a company in its generality. For them, the
promotion (communication) on the sale of the product is a pillar or even an indispensable vector in the
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
http://indusedu.org Page 21
This work is licensed under a Creative Commons Attribution 4.0 International License
marketing of products, on their reputation, and on the reputation of their companies. Indeed, a company that
wants to strengthen its sales performance, must to put a special emphasis on its promotional policy. A product
can be of good quality, respectively by its packaging and/or its positioning, but, if the company that sells it does
not highlight good promotional strategies or communication, it will not make a great success.
Madgil Don Junior Stenay NGOMAH (2016)[4]
, making an addendum to Kotler's remarks, explains
that the knowledge, impact and notoriety (reputation) of a product takes flight if not its meaning only thanks to
the other elements of marketing mix ( Price-Promotion-Place) without which it (product) is irrelevant or
valuable. Simply because its value and meaning derive from the other elements. For him, the brand image, the
impact and even the growth of a product necessarily passes through complicity or even the product-price-Place-
Promotion interdependence. Pierre Chandon and Gilles Laurent (1998) [22]
, state that promotion or
communication is to give an additional benefit, in order to obtain a rapid but temporary increase in sales. By
making an enhanced commercial communication on its product, the company derives many advantages: an
immediate effect on customers, an opportunity to target the place and the means to hinder competitors.
IV. PRODUCT CONCEPT ANALYSIS In a simple way, the product concept is defined as a good or service offered in a market by a
manufacturer and/or a company in order to satisfy the needs of the consumers. According to Philip Kotler,
Kevin Keller and Delphine Manceau (2012) [21]
, product is anything that can be offered in a market in order to
satisfy a need. A product can be a tangible good, a service, an experience, an event, a place, a person, an
organization, an idea ... For Lendrevie, Levy and Lindon (2009) [2]
, the product is a good manufactured and
marketed by a company. They add that the product is not necessarily a tangible or material good, but it can also
have an intangible character, qualified or called service. An insurance contract is a product, as well as a banking
service, a hotel night, air transport, a radio show or a telephone subscription. Therefore, Airtel Money service
can be called product.
Moreover, it should be noted that function of a company is based on its product. It is the means by
which the enterprise generates its growth and profits. This demonstrates how much the product occupies a
preponderant place in the wealth manufacturing process or added values within organizations (companies).
Without wanting to put aside the other policies or elements of Jerome McCarthy's theory (1960) [23]
, namely:
price, place and promotion, we simply mean that the product is the culminating, focal, and departure point or the
“A” point, meaning that it is undeniably recognized by all the theorists and experts in marketing-management
that one cannot talk about price, place, sales and communication strategies without creating or having a project
of manufacturing any product. Otherwise, the other elements are useless. Product is actually the starting point, it
is through it and because of it a company can afford to fix the other strategies: price, place and promotion. Since
it is one of the key elements, if not the key element of the company, it is crucial to take care of its manufacturing
to ensure that the other elements (price-place-promotion) accompany it positively.
Figure 2Product, the first step of strategy
The diagram above reflects the idea that before it comes to business strategies, growth, results and
profits, everything starts with the product first.
Analysis of the Product-Company Relationship (Indissoluble link, umbilical cord)
Z (Objectives) A (Product)
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
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This figure clearly shows the relationship between the company and the product. Indeed, one cannot
speak of a product without mentioning its company or its manufacturer, as one cannot speak of the company
without necessarily talking about its fruit, its works, and its production: "Its product". The diagram above
explains the inseparable, indissoluble connection of a product with its company or its manufacturer. It is in this
perspective that we have characterized this interdependence as "umbilical cord", borrowing from the biological
language, which explains how a fetus is bound with the mother who carries it.
This reality is also explained in the field of business or business management. The figure also shows
that without the product, one cannot mention the other "P" of McCarthy's theory "The Theory of the 4p", i.e. the
price, the place and the promotion. The figure also shows to a certain extent that the growth, the increase in
turnover and the reputation of the company cannot take place without the product. In this sense, our analysis
supports the hypothesis of Lendrevie et al (2009) [2]
which states: Product policy is generally one of the main
components of a marketing strategy.
V. PRODUCT DESCRIPTION AND DATA ANALYSIS Description of the Airtel Money Product
Airtel Money is a service that allows you to make money transactions from your phone. It is an
electronic wallet and promotes the following operations: payment of invoices, receipt and sending of money,
cash deposits, withdrawals, credit purchase for you or third parties, acquiring telephone fixed fee on calls,
messages and Internet, do transactions to or from your bank account (BGFI Bank etc. ...)
Product Life Cycle (Airtel Money)
The life cycle of a product can be defined as the analysis of the major stages of its life, from conception
to the final decision to withdraw it from the market (Claude Demeure, 2008). The life cycle of a product is
represented by curves called life curves: it is the dynamic representation of its life, the evolution of potential
demand over time. Each phase is characterized by its growth rate, sales, profitability, debt, degree of
development, market development speed, strategies adopted for each element of the mix.
Figure 4: Life Cycle of Airtel Money
Source: Author
The chart above summarizes the life cycle of the Airtel Money product in a personalized way. It
focuses on three main stages: launch, growth and maturity. Indeed, the green dot explains the launch phase of
this product, in 2012. In addition, the yellow point defines the phase of growth between 2013 and 2014. Which
means the phase in which the Airtel money product began to experience its expansion, its exponential
development in a concurrently stuck environment. Finally, the red dot explains the age of maturity of the
product, a step in which Airtel money has achieved its stability, in terms of performance, quality and sales.
However, the graph clearly indicates that the Airtel money product is not yet in decline, because Lendrevie
(2009) [2]
, defines and explains the decline phase as a stage in which the product is overtaken by new
innovations where sales are inexorably falling, the data in our possession accurately explain stability, efficiency
and leadership of this product. Hence, there is the absence of the so-called decline stage on our graph.
Moreover, since the dimensions of the three points (balls) explaining the three stages of the life of the
Airtel money product are not the same, this implies that the degree or the volume of each point respectively
Product Life Cycle Airtel Money from 2012 to 2016
2016
2012
NGOMAH LE TEMPS Décide Amour Prestige and Qin Yuanjian, International Journal of Research in Management,
Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 09 Issue 4, April 2019, Page 17-29
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expresses the evolution and the " Impact of the product within the market and within its company. Thus, it
should be noted that when a company or manufacturer launches any product, it expects to see the growth and
maturity of it that is its most ardent purpose. However, growth and maturity can be seen when the product has
relatively high sales, acquires a certain brand image (notoriety, success) in its competition market, gains
considerable market share and imposes its leadership among many other Products whether in direct or indirect
competition.
VI. DISCUSSION AND RESULTS (1) Analysis of Competition
When you talk about competition, you immediately see a competition between one company and
another, producing the same or almost the same products and selling them on the same market. One can also
note the competition between the products of the same company, which leads us to use the term "internal
competition". Thus, in the context of our study, we will first analyze the internal competition that we have
already defined as the competition between the Airtel Money product and the other products of Airtel Congo.
This will enable us to measure the impact, the place Airtel money occupies within the company, its contribution
to the turnover and brand image of the company. We will then discuss the external competition between Airtel
money and the similar products of competitors like MTN Congo with for product MTN mobile money.
Internal Competition and Principal Component Analysis (PCA)
As the title suggests, internal competition explains the internal challenge, which means the competition
or the battle between the products of the same company. Here, we analyze the sales force of each product while
comparing it with the product under consideration (Airtel money), to finally deduce the place it occupies within
the company and know what is its contribution to the Airtel Congo turnover.
Fig. 5 Competition between Airtel Money and the other products of Airtel Congo
The data shown above in graphic is the representation of the evolution or the level of sale and
consumption of the products of Airtel Congo. After a statistical analysis by Excel, it is clear that the product
Airtel Money occupies the first place with 20% of consumption level out of 100. Next comes Airtel 10, Airtel
Mapassa, SMS in Gold, Tozo Nyata, Swa rescue, Airtel zik, Lupemba Na Airtel, Airtel Dico with respectively
17%, 13%, 13%, 10%, 10%, 7%, 7%, 3% sales and contribution to the turnover of Airtel Congo. From this
perspective, it should be said that Airtel Money is considered to be among the products analyzed above as the
leader, the product that contributes the most to the revenue and reputation of Airtel Congo, except traditional
services: calls, messages that require the daily purchase of credits (units) from users.
External Competition (Airtel Money vs. MTN Mobile Money)
Table 1 Comparative analysis between Airtel Money and MTN Mobile Money