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Marketing Essentials

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Added on  2020-07-22

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1 P2 How roles and responsibilities relate to the organisational context.3 TASK 26 P3 Comparison of different organisations that applied marketing mix to the planning process for achieving business objectives.6 P4 Produce and evaluate a marketing plan for CADBURY. Selling concept; it holds idea that buyers will buy company's product until firm force them other side marketing concept is about attaining firm's objective through the knowing of the demand and wishes of customers and provide products and services in accordance to it

Marketing Essentials

   Added on 2020-07-22

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Marketing Essentials
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Explain the roles and responsibilities of marketing function............................................1P2 How roles and responsibilities relate to the organisational context..................................3TASK 2............................................................................................................................................6P3 Comparison of different organisations that applied marketing mix to the planning processfor achieving business objectives...........................................................................................6P4 Produce and evaluate a marketing plan for CADBURY.................................................10CONCLUSION..............................................................................................................................13REFERENCES .............................................................................................................................14
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INTRODUCTIONMarketing is refers to administration of relationship exchange. It is generally utilised todevelop, retain and satisfy the needs of buyers. It is true that marketing is an prominent thing orelement in business management. Basically, Commercialism is a activity in a firm which isinterlinked with selling and buying a traded commodity and services. Hence, these all practisesincludes promotion and advertising of the goods, selling and providing the products to desiredcustomers. Marketing division of have core aim which is; they tries their best to capture moreand more audience in target market (Brassington and Pettitt 2013). For the same reason they usedifferent kinds of slogans, determine various sort of unique packaging design, and also they havetake help of celebrities endorsements and exposer of media. Marketing does everything for thefirm through which a company will be able to get higher level of buyers and tries to maintaintheir relationship with them. The report is based on CADBURY; the firm is British MultinationalConfectionery organisation and solely owned by the Mondelez international since 2010. This issecond largest confectionery brand across the world. This report will show prominent roles andresponsibilities of marketing functions with the context of organisation. Also provides marketingmix along with marketing plan. TASK 1P1 Explain the roles and responsibilities of marketing function.Marketing- It is refers to those practises (advertisement and promotion)through whichcompany will capture more numbers of customers and enjoys higher revenue. Hence marketingis business promotional and selling activities which helps a firm to get effective profit. Concept of marketing- Concept of marketing has five alternative aspects or philosophiesthat provide effective assessment to owner of the firm and he will get to know what concept isbest suitable for a firm in order to determining marketing strategies. Production concept isfocusing on producing thing without having idea for the demand other side product concept isabout quality and improvement of product. Selling concept; it holds idea that buyers will buycompany's product until firm force them other side marketing concept is about attaining firm'sobjective through the knowing of the demand and wishes of customers and provide products andservices in accordance to it. Social marketing concept is about delivering worth to the buyers ina certain which helps in maintain and improving both of buyer's and society's well being. 1
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Marketing department is one of the vital department in business, it is important topromote business mission, because it is a face which matters to company, and this is framed bymarketing only (Cleverley 2017). Promoting a product in marketplace is not one and only role ofmarketing, with it market involves some other tasks to do, like coordinating with other sections,and generating all materials which represents business. Marketing job concerns with reach out totarget customer, investors and community and create an image of business that brings out all thepositive aspects about company. Marketing has such different roles and responsibilities that are handled at its core inCADBURY, as in matter of production, sales, managing finance, distribution of work, etc, but italso has some specific tasks to do, that are as follows:Managing Promotions and Maintaining Brand : Marketing has important role tomanaging promotions, although CADBURY does not need any promotions, however when itfirst launched its product it required a promotion for introducing products among people.CADBURY is a firm which produces confectionery products such as dairy milk chocolates, foran example, recently dairy milk new series Silk was promoted in the market throughadvertisements and sponsorships in various events. it aid to promote an item and alsoestablishingabrand.Handling sales and monitoring market : Marketing section coordinate with salesdepartment so that it can get all the information and then take appropriate actions to supply newstock in market or prepare new strategies to develop sales, if in case sales are weak and it ispossible through monitoring marketing situations. Sales are only dependent on customerbehaviour and it is also a requirements for generating sales (Clow and James 2013).Finance and approval : As it is known to everyone that finance is the foundation tocarry out an idea, because it is the most crucial to gather funds for investment in a project, oncean idea should work to convince its stakeholders and then it will approve to get the budget.Similarly, marketing team needed finance to manage its activities and these all tasks requiresfinance for working smoothly, so for that it sends a documentation which contains all marketingplanning to the top management, after sanction it can pursue all the activities. For an instance,when CADBURY was launching Dairy Milk Nuts it needed an approval from its management sothat it can bear future economical state.2
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