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Home»Nigeria»Nigeria’s marketing deficit is costing businesses growth and visibility
Nigeria

Nigeria’s marketing deficit is costing businesses growth and visibility

Ghana NewsBy Ghana NewsMarch 2, 2026No Comments4 Mins Read
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Nigeria’s businesses are facing a structural gap in how they approach growth. While many firms invest in operations, technology and distribution, marketing often receives limited strategic focus. This imbalance is shaping market outcomes across sectors, according to insights shared by Bolaji Oyindamola Tinubu, founder and lead consultant at Resolve and Resolute.

Tinubu argues that the challenge is not access to funds but the absence of clear marketing direction. He notes that companies build products and services but fail to define what their brands stand for in the minds of consumers. As a result, businesses with strong offerings struggle to gain attention, while others remain limited to local reach despite capacity for wider scale.

The issue reflects a wider pattern within the business environment in Nigeria. A survey conducted in 2023 among small and medium-sized enterprises in Lagos, Abuja and Port Harcourt showed that more than 60 per cent of owners could not state a clear value proposition for their brands. Fewer than 30 per cent reported having a documented marketing strategy tied to revenue goals. These findings indicate a disconnect between business operations and brand positioning.

Industry observers say many firms still equate marketing with advertising. Campaigns are launched without a guiding framework, and spending is driven by short-term visibility rather than long-term relevance. As consumers become more informed and active on digital platforms, this approach is losing impact. Companies are now under pressure to show how marketing contributes to sales, retention and brand equity.

Tinubu frames the gap as a strategic deficit that affects market performance and long-term competitiveness. He says the absence of a defined brand narrative weakens customer trust and reduces differentiation in crowded sectors. To address this, his firm promotes what he describes as “purposeful positioning”, a process that defines a brand’s role, audience and market value before any campaign begins.

“A brand without a strategy is just a logo waiting to be forgotten. We build brands that mean something — to their customers, to their markets, and to the economy,” Tinubu said.

Resolve and Resolute operates from Nigeria but serves clients across Africa. The agency focuses on brand strategy, identity systems, integrated communications, digital intelligence, audience analytics and go-to-market planning. Each engagement is structured around measurable goals, with performance indicators tied to business outcomes rather than visual output.

The firm’s approach reflects a wider shift in corporate expectations. Marketing budgets are now subject to closer review, and executives seek evidence that campaigns support revenue growth and customer acquisition. This shift is prompting companies to adopt data-led planning and structured reporting systems that link marketing activity to financial performance.

Analysts note that Nigerian companies planning regional expansion must address the strategic gap to compete beyond domestic markets. Without clear positioning and consistent messaging, brands risk losing relevance as they enter new territories with diverse consumer expectations.

Resolve and Resolute positions its work around long-term brand value. The firm states that sustained growth requires alignment between corporate purpose, audience insight and consistent execution. Its philosophy is summarised in its tagline, “Building Brands That Matter,” which it uses to signal a focus on significance over surface activity.

For business leaders, the message is direct. Marketing is no longer a support function but a central driver of growth and market relevance. Firms that treat it as a strategic priority may strengthen customer trust and expand reach. Those that do not may continue to operate below their potential in an increasingly competitive environment.

Chisom Michael

Chisom Michael is a data analyst (audience engagement) and writer at BusinessDay, with diverse experience in the media industry. He holds a BSc in Industrial Physics from Imo State University and an MEng in Computer Science and Technology from Liaoning Univerisity of Technology China. He specialises in listicle writing, profiles and leveraging his skills in audience engagement analysis and data-driven insights to create compelling content that resonates with readers.


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