This presentation identifies the concept of marketing and its planning, roles and responsibilities of marketing, interrelation of marketing function, role of marketing in marketing environment, significance of interrelationship, and more.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Marketing concept
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of content Introduction Concept of marketing Role and responsibilities of marketing Interrelation of marketing function Role of marketing in marketing environment. Significance of interrelationship Internal and external environment in which marketing function operates. Conclusion References
Introduction The presentation aims to identify the concept of marketing and its planning. It is the most vital function which undertakes all the activitiesregardingsalespromotionadvertisementandmaking customerrelations.Thisreportisgoingtoidentifymarketing operations in various roles of department and how they interact.
Roles and responsibilities of marketing Marketing is a concept of all the activities which leads to achieve high profitability in market. It becomes a Framework in which all the activities related to sales of products are systematically presented. It plays a crucial role for every organisation who wants to achieve high success in long-term business environment. Role of marketing: Managing brand Conduct campaign
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continue. Responsibilities of marketing department listening to customer needs:this is an important responsibilities of marketing department. Monitor competition:marketing is the universal concept and every organisation takes measures to overcome competition. Innovate: :marketing helps in leading innovation in the organisation. It is necessary to bring change and identify mistakes to give new features and design to the products.
Interrelation of marketing function Marketingfunctionsincludesmanyrolesandresponsibilityinlarge organisational context. These functions involve promotionalactivities, planning and designing of product, analysing competition, preparing budget and many more. It also depends on the reach of organisation and their potential to capture large market. Marketing involves various process and activities which are linked with each other. Jumbo supermarket has made huge success in many countries by openingsupermarkets and attracting customers towards their products and services. Product: Place: Promotion Price:
Continue. The marketing function are interrelated with other departments of the organisation. As companies are depend on each factor which impact on their working. Marketing and human resource:It is the foremost function of the organisation to manage employees and fulfil vacancies from talented individuals. The marketing department is interrelated with HR department as HR manager must have knowledge about marketing jobs and responsibilities to hire best suitable employees for the position Marketing and finance:this department plays a vital role in organisation to prepare budgets, check policies and keep good financial stability in organisation. Marketing and product development:production department is responsible to carry out the functions of product creation, designing and packaging and all the operational task.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Role of marketing in marketing environment Marketing performs the role in wider business environment. This could be identified through analysing both internal and external factors of company. Jumbo supermarket works in large market of Netherlands and UK in which they perform all the marketing roles which impact on great environment. Internal environment External environment
Continue. Mission:Marketing will help the Jumbo Supermarket to achieve their mission of engaging last customers and grow fast sale through contributing in sustainable environment. Vision:The marketing will insure that the company will secure their vision for long term period. As the jumbo Supermarket wants to involve in sustainable practices to give Healthy lifestyle to the consumers which can be achieved to enable great promotions and tactics. Purpose:Marketing will help in focus on the purpose of company to fill consumer wants and achieve high revenues.
Significance of interrelationship All the marketing functions and their relationship with other departments are significance for a company to achieve goals and objectives. It builds coordination and unity at the workplace. The interdependency will lead to make effective strategies to plan the outcomes by analysing all the relevant criteria. As finance department is required to make connection with marketing department to know about the marketing platforms and provide them investments actions to implement their strategies. It helps in working smoothly and less confusion will be create at workplace.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Conclusion It has concluded that, there are various marketing functions undertakes in an organization. It takes a lot of roles and responsibilities across all the department. Therefore, it has identified that marketing function interlaces with other business functions. It develop strength, weakness and opportunity in large business environment which must be resolve by formulating creative strategies.
References Baloch, M.S., Taj, S. and Arshad, T., 2020. Resistance, resisting and resisters: the case of a social marketing partnership in Balochistan. Journal of Education & Humanities Research, University of Balochistan, Quetta-Pakistan, 9(1), pp.13-39. Camilleri, M.A., 2018. Strategic planning and the marketing effectiveness audit. In Travel marketing, tourism economics and the airline product (pp. 117-135). Springer, Cham. Fahy, J. and Jobber, D., 2019. EBOOK: Foundations of Marketing, 6e. McGraw Hill. Fine, S.H., 2017. Introduction to social marketing. In Marketing the Public Sector (pp. 1- 12). Routledge. George, R., 2021. Tourism and Hospitality Marketing Planning. In Marketing Tourism and Hospitality (pp. 149-182). Palgrave Macmillan, Cham.