The using of marketing elements to create customer awareness towards insurance: a study of Maktab Rendah Sains Mara (MRSM) teachers in Melaka / Maizatul Akmaliah Mat Zain

Mat Zain, Maizatul Akmaliah (2009) The using of marketing elements to create customer awareness towards insurance: a study of Maktab Rendah Sains Mara (MRSM) teachers in Melaka / Maizatul Akmaliah Mat Zain. [Student Project] (Unpublished)

Abstract

This research exploring the customer awareness towards the importance of insurance, and how well insurer has been convincing its customers who serves as a protection and financial solution provider through elements of marketing or 4P’s namely; product, distribution, promotions and price. The objective of the study is to determine level of customer awareness towards Insurance. Besides, to identify factors those influence awareness of customer towards insurance. As well as to determine the most influence factors that increase customer awareness towards insurance. The study also uses to find the recommendations or solutions in order to increase customer awareness towards insurance. Method has been used to conduct this research is using primary and secondary data in getting the data needed. The study is using stratified sampling that take respondent from Maktab Rendah Sains Mara (MRSM) in Melaka to answer the questionnaire given to them. From the findings, the level of customer awareness towards insurance is average. Agent is the most influences factors in distribution that contributes to create customer awareness. Thus, it indicates that agents have an important role in giving comprehensive understanding, information and build customer attention towards the important and benefits of having insurance. Otherwise, promotion is the less influence elements to create customer awareness. Hence, insurer needs to take action to change promotional strategy to be more effective and efficient to increase customer awareness towards insurance. So, it can benefit both insurer and customers.

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