This article discusses the roles and responsibilities of the marketing function in an organization. It covers functions such as gathering and analyzing market information, marketing planning, product designing and development, standardization and grading, and packaging and labeling.
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Table of Contents MAINBODY........................................................................................................................................3 P1.Roles and responsibilities of marketing function...................................................................3 P4. Marketing plan for organization...........................................................................................3 REFERENCES.....................................................................................................................................6
MAINBODY P1.Roles and responsibilities of marketing function There are lots of function which is completed by marketing. Marketing functions are- Gathering and analysing market information:It is a important function of marketing where marketer of Cadbury analyses in market and understand requirement of customer regarding product and services and aware company regarding product quality(Babin and Zikmund, 2015).on the basis of information company to do changes in their products. Marketing planning:Marketer provides planning to organization to raises product value in market. Product designing & development:Product designing plays important role in customer attracting so that purchasing scale of product enhances out. Through advertisement marketer enhances product values and demand. Standardization & grading:Standardization includes standard quality, size, design, weight, colour, raw material etc. plays important role in product. such kind standardization provides assurance to their customers for product. Through standardization Cadbury takes competitive advantage in business market. Packaging & labelling:Main goal of packaging to avoid breakage, damage and destruction etc. packaging is best source to attract large number of customers. marketer assist to enhance goods values in market through marketing. P4. Marketing plan for organization EXECUTIVE SUMMERY: In marketing plan Cadbury company has been launched a new product which is sugar free. this chocolate lowers the cholesterol level and gives energy to consumers. diabetic customers can also have this chocolate. VISION & MISSION Cadbury mission isto explored ideal image of organization through delivering good quality product to their customers while vision is to workings together to raise brands values in customers. PESTLE ANALYSIS: POLITICAL FACTOR- Cadbury is UK company where government takes extra tax on sugar for
reducing amount of sugar in company's product. Cadbury company gets advantage over new product because company doesn't have to pay extra tax(Lane, 2016). government also supports Cadbury's new products. ECONOMICAL FACTOR: Organization enables to take economical factor advantage because this product contains low cholesterol and sugar free ingredient which can enhance purchasing scale of products. company enables to alleviates economical scale. TECHNOLOGICALFACTOR:Technologicalfactorgivesadvantageincompanybecause organization utilizes new technology to manufacture sugar free product. Thus, company enables to take competitive advantage in market. SOCIO-CULTURALFACTOR:Cadburyalwaysfocusesoncustomerrequirementandthis requirement can meets consumer demands. in that state company can get beneficial advantage in market. ENVIRONMENTAL FACTOR: To remove people concern about health. Cadbury takes organic ingredients like cocoa beans which leads sustainability in product and accomplishes customer requirement. LEGAL FACTOR: Nowadays people becomes health concern and government also has revealed their rules. Cadbury company meets both aspects through new product. thus company takes advantage of legal factor. SWOT ANALYSIS STRENGTH Cadbury is brand which is more famous in global market. WEAKNESSES someproductslikepotentsugar chocolate suppress Cadbury images in market. OPPORTUNITIES Through sugar free chocolate company can increase product's values. THREATS Sugar-freechocolateenhancecostof ingredient because to manufacture this productsneedsorganicandlow cholesterol product. MARKETING MIX PRODUCT: Cadbury launches new chocolate which is sugar free and holds low cholesterol ingredients. this product meets customer requirement because customer becomes health concern.
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PRICE: Cadbury keeps valuable product in company where availability of this product is lesser, In that state company enables to take good prices in market(Perreault, 2018). Thus, company takes advantage financially in business market. PLACE: Cadbury is UK company and it's subsidiaries in different countries so company enables to get values of their new product. PROMOTION: Cadbury applies various strategy to gain product values. Advertisement and social media are best sources to product publicity where company uses both medium and raises value of product. EVALUATION AND MONITORING TECHNIQUES To evaluate and monitoring product values, organization takes customer's feedback about product quality and analyses product popularity through purchasing power of customers. Thus Cadbury uses such kind technology to know about values of product.
REFERENCES Books and Journals Babin, B.J. and Zikmund, W.G., 2015.Essentials of marketing research. Nelson Education. Perreault, W.D., 2018.Essentials of marketing. New York: Mc Graw Hill. Lane,P.,2016.Humanresourcesmarketingandrecruiting:essentialsofemployer branding.Handbook of Human Resources Management, pp.23-52.