Following topics will be covered Introduction to the concept of marketing, including current and future trends. An overview of the different marketing processes. Explain the role and responsibilities of a marketing manager in River Island. An explanation of how marketing influences and interrelates with other functional departments of River Island. The value and importance of the marketing role in the context of River Island. Conclusions supporting the significance of having effective interrelationships between different functional departments.
CONCPET OF MARKETING There are three types of marketing concept such as: Marketing concept:focus on the providing the full detailed information to the customers about the products. Production concept:Focuses for providing the products and services to their customers in various places and through different distribution channels. Product concept:related to providing best quality of products with the latest pattern and trends on their clothing products.
CONTINUE….. Current and future trends of marketing Current trends of marketing:various types of marketing strategies are used as per the current business conditions. Currently they are using different types of marketing to promote their products. Future trends of marketing:Industrial marketing, societal marketing and relationship marketing are the future marketing trends which will be followed by River Island.
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Marketing process Marketing characteristics Traditional marketing is the main nature of marketing in which human activities are considered and according to this their requirements will be covered by organization. Marketing related to the customers orientation. Quality of products are provided within a reasonable and affordable prices.
Operations and structure of marketing in River Island There is a link or connection between the owners and marketing department. Marketing manager handle the activities of marketing and make and creating of the marketing strategies. Selection of proper communication means. Research about the market. Group discussion and survey are also conducted to identify the current trends. Means of communication such as- print television and other digital platforms.
Business to customer (B2C) and business to business (B2B) marketing Business to business process (B2B) River Island sells their products to any other organization. Mainly conducted during partnership or merger. Marketing process their main aim is to invest in the activities of marketing. Business to customers (B2C) They are sold their products directly to the customers. No intermediate is required between customers and River Island
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Roles and responsibilities of marketing manager manage respond and improve the functions and other objectives of the organization. Achieve high profits for organization. Creation of appropriate and requirement strategies and policies. Consider the vision and mission of the organization. Develop the effective business or marketing plans and strategies. Use communication channel to promote their product in the market. Retention of customers with maintaining effective relationship.
Marketing influences and interrelates with other functionaldepartments Marketing department have interrelationship with various departments of organization such as: Production department:Handles products manufacturing according to the market demand. Marketing department provide information about the expectation to production department. Production department checks the products. Administration department:administrative department consider the important policies and procedures of organization. This department is related to marketing department as it provides all the guidelines regarding marketing strategies to the marketing department.
CONTINUE….. Sales department:sales department is to assist their customers when they visit to store. Role is to promote their products directly to the customers. Provides important guidelines to the marketing department. Finance and accounts department:Financial functions and transactions related to the finance must be recorded by the accounts and finance department. Marketing department consults with the accounts and finance department about the data of profits so that they can enhance or improve their marketing strategies.
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IMPORTANCE OF MARKETING ROLE Marketing helps to transfer, exchange and movement their services and offers in the market. It helps to raise the standard of the organization and relation between and their customers. Marketing also raise the employment for the candidate because for marketing employees is required.
CONCLUSION Marketing and other functional department of the organization that create major impact on the overall performance and efficiency of River Island. Marketing and HR (Human Resource) department of River Island also share an important relationship to meet the goals and objectives of organization. Department of marketing and its activities require well skilled and trained employees and that are appointed by HR department only which shows that they are interrelated with each other.
CONTINUE….. The main objective of organization is to develop an effective interrelationship between the functional departments and marketing department of River Island. Business is required to manage the performance and functions of every department in River Island. Effective interchange and coordination of information or data between the employees to manage the performance level is also essentially required. Marketing and production level increase or enhance the usefulness of the organization
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