Roles of Marketing and Interrelationship with Functional Units
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This study explores the importance of marketing and its roles in raising profits for an organization. It discusses the interrelationship of functional units and the responsibilities of a marketing manager. The report also covers the marketing mix and its elements.
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INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 The roles of marketing and interrelationship with other functional units..................................3 TASK 2............................................................................................................................................6 Comparison of ways in which the company use elements of the marketing mix for achieving organisational goals.....................................................................................................................6 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Marketing is actions and process of attracting potential customers towards acompany's products and services in order to develop the demands of products and also for satisfying the needs of customers. Apple is an American multinational technology company. Headquarter of thiscompanyis in Cupertino, California. It designs and develop consumer electronics andonline services like Apple watch, Apple stores and so on.This study will cover and show about the importance of marketing and their roles in order to raise profits of an organisation(Armstrong and et.al., 2015). It also shows the interrelationship of all the functional units of the firm and the roles of a manager in the development of marketing. This report will show the marketing mix that includes the 7Ps of marketing. TASK 1 The roles of marketing and interrelationship with other functional units Definition of marketing Marketing is a process of the company which is associated with buying and selling of products and services.It is amethodof attracting more customers towards thefirm' s products and services.Thisprocessincludes advertising, promotion of products, selling and delivering of products to customers. The concept of marketing The marketing concept is a philosophy which Apple company analyse the demands and needs of its customersand according to that needs it makes effective plan and strategies in order to satisfy their needs in better way than its competitors. In the marketing concept, the manager of Apple company finds and analyse the needs of customers and they make plans that how they can achieve goals. The marketing concept includes production concept, product concept, selling concept, marketing concept and societal marketing concept. Before developing the products and services it aligns all thefunctional units of the company in order to productive work and focus on needs of the customers. Current trends:There are some marketing trends which Apple company use for improving and development marketing like digital marketing better video contents, marketing campaigns etc.Digital marketing can make an ideal career choice and the scope of this trend is endless. It is the best way of interacting with customers because most of the people spend their
time on social media. It helps the company in analysing their customer's needs and ways of responding to them(Babin and Zikmund, 2015). Future trends:Future trends can be defined as the usage of different attractive ways that includes artificial intelligence which can help the manager of Apple company in order to utilize their time and also increase their sales by attracting more customers. Artificial intelligence is an important and effective future marketing trend which can be defined as an area of computer science which focuses on the creation of intelligent machines which work like humans. These machines have many features like learning, planning, speech recognition and problem solving. These features help the manager of Apple company in gaining positive results. The marketing process: A marketing process includes some steps which help the company in better marketing and achieving their marketing goals. There are some steps which includes in the process of marketing. Identify the mission:The very first step of marketing process is to identify the mission and objective of marketing. Before developing marketing plan it is very important for the manager of Apple company to create a mission statement which guides them in the marketing planning. Analyse situations:The next step is to identify the current situation of the company. In this step Apple company' s manager identifies that what they already have like their strengths, weaknesses and how can be more effective in this process. Objective development:In this step marketing manager analyse the ways of improving marketingactivitiessothatobjectivecanbeaccomplished.Therequiredresourcesand distributed channels are used in order to carry out their plan and development of their objectives. Marketing strategy:It is an important step because in this step the marketing manager of a company makes the marketing strategy after analysing all the factors and situations. The main aim of marketing strategy is to develop products and services of the company. It also helps their customers in understanding the importance and uniqueness of their products. Evaluation and planning:It is the final step of marketing process in which the manager of the company implement and develop its marketing plan. In this step manager evaluate feedbacks and periods in order to assess the effectiveness of their strategies. Roles and responsibilities of marketing manager:
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Marketing manager play a significant role inthe company.Theyplayvarious functions and role in order to increase the sales and profits of the firm. The main aim of marketing manage r is to promote the products and services of the organisation for achieving their determined goals. Some roles and functions of marketing manager are as follows: Development of the marketing plan:The main function which is played by the marketing manager is to developthe marketing plan and strategy of Apple company.Marketing plan is a approach that helps in developing marketing strategies(Baker, 2016). It is essential function of the manager of Apple company because it supports them to meet the needs of their customers. Achievement of effective outcome:For achieving effective and determined outcomes, marketing manager focus on improving the relationship of all functional units and also focus on collaborative working. This helps them in getting positive outcomes. Developmentofeffectivestrategy:Fordevelopingmarketingprocessitmakes marketing strategiesand the function of manager is to develop that strategy. This strategy defines them that how the company can promote its products and services. For developing this strategy, it researches about their market in that it collects all the information’s related customers. The proper market segment:Market segmentation is the process of dividing the group of people which have the common characteristics. Marketing manager segment their market which helps them in focusing on one type of people. It is not possible for the marketing manager to fulfil the needs of all type of customers at a one time so it makes them able to focus on their target customers(Chen and Bai, 2016). Value and importance of marketing roles There are various functional departments in Apple company who play various roles. Functional units of the company are: Human resource, sales department. Production department, customer services department, finance department etc. Production and marketing department:Production department play an important role in the company as they are responsible for producing products according to the needs and demands of the company. Production department has the interrelationship with marketing department because marketing department collects all the informations related customers like their needs, like dislike and they give this information to production department. After receiving
all the informations production department makes the products in order to satisfy customer's needs. It is very important to maintain this relationship because it makes their works and activities easy. When they work together then there becomes the less chances of errors and mistakes in the process of production. Collaboration is very important for Apple company as it decrease the pressure and burden on functional units(Berman and et.al., 2019). Marketing and human resource department:The main responsibility of marketing function is to communicate to the people and potential customers and tell them the importance and features about the products of the company. On the other hand human resource is branding as a employer to the prospective employees that helps in adding human value to the company. Human resource department is also responsible for the achievement of the company's goals by satisfyingemployeesandwellascustomersneeds. Sopitcanbesaidthatthereisan interrelationship between marketing and human resource department. TASK 2 Comparison of ways in which the company use elements of the marketing mix for achieving organisational goals Definition of marketing mix: Marketing mix is strategy that the company uses in order to formulate their services and products offering fro their customers. In another words marketing mix is a set of actions an organisation use for promoting its products and brand in the market. 7 P's of marketing mix 7 P's is also known as marketing strategy of the company which includes price, product, promotion, place, people, process and physical evidence. Product:Product is the main part and element in marketing mix. Products refers that what the company sells according to the customers expectations(Kotler and et.al., 2015). Place:Place refers an area and location where the company wants to sell or sells its products. Price:It refers the pricing strategy of the products of an organisation. It is the cost of products which company sells for earning money.
Promotion:Promotion refers the activities that an organisation choose fro promoting their products like advertising, direct marketing etc. People:People refers the staff that work for the company and help an organisation in achieving their goals. Process:Process refers to the processes that are involved in delivering products and services to the customers. Physical evidence:Physical evidence is the appearance of products and packaging. Comparison of marketing mix 7P'sAppleDell ProductApple designs, produces and sells technological devicesthatincludesiPadtablets,iPhone, smartphones and so on. It also designs and sells third party and own Mac-compatible accessories thatincludesAppleTV,displays,storage devices and other connectivity products(Larson and Draper, 2015). Dell produces a wide range of servicesandproductsfor profession, home and industry use. It also makes all in ones, accessories and electronics that includes servers, tablets and so on.Italsoprovidesdifferent typesofsoftwaresthatare helped in data protection. priceThere are various pricing strategies that Apple usessuchas:Geographicalpricing,premium pricing and price skimming. Apple believe that customers can pay more for those products that are well designed and satisfy the needs of them. Most of the Laptops and PCs of thiscompanyareprices competitively.Italsouses premium pricing strategy. PlacePlaceelementsofthiscompanyintegrates different sales channel likeApple store, direct sale force, online stores, retailers, wholesalers etc. Apple retail stores are creatively designed place where customers can use their services and products and also get friendly assistance. The products of Dell company aresoldthroughvarious channels.Themainand importantchannelwhichthe company prefer is its website. Italsosellsitsproducts
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globallythroughdistributors and resellers. PromotionPromotion activities help the company in order toemphasizesonitspremiumimage.For promoting its products it uses various channels like personal selling, advertising, public relations and sales promotions.The main channel which is preferred by Apple fro promoting its products is advertising and personal selling. In advertising its uses its own websites and their technologies sites. For promoting its products the companyspendmillionson promotion and marketing. Fro promotingitusesvarious channels like television ads and printmedia(Mohammad, 2015). PeopleThe main reason of Apple growth is its people andemployeeswho helpstheminachieving company's vision. The people of the company have perfect knowledge of their products. People and staff membersof Dell enjoys to work with the company. Dell also encourages team work that helps them in operatingglobally.Italso providesopportunitiesfor internal growth to their people which increases their morale. ProcessIt uses various processes whose main aim is to matchthemarketconditionsandfulfiltheir different customer needs. It usesvarious proceduresin thedeliveryandoperating system. Physical evidence Apple is managing in creating its own culture. For packagingand attractingmorecustomers towards its products it uses advance technologies and innovations(Wirtz and Lovelock, 2016). It is related to the environment inwhichtheservicesand productsofthecompany delivered. Analysis of the marketing planning process: Analysis of marketing planning process includes some steps that includes analysis of market situation, action programs, sales forecasting, implementation, controlling and so on. This plan of the company is based on its development or where a company wants to be at some point
in the future. The main aim and purpose of the company to make and develop marketing plan is to set the company on a specific path in marketing. Before making and developing plan it needs to determine their vision and objectives. Without mission it can not develop their plan. Analysis:In this step a marketer needs to analyse the market situations. It also needs to analyses its data and research that they collect and summarize it into their meaningful findings. In that research it finds out the needs and demands of their potential and target customers which helps them in making and developing an effective planning. In this step of marketing process a marketer of Apple needs to analyse its competitors also which helps them in knowing that what types of services and products they will need to products in order to compete with them. It also helps them in increasing their sales and profitability(Pike, 2015). Planning:After analysing all the factors and research marketer needs to make an effective plan. In this plan and with the help of analysis it identify their target audience. According to the needs and demands of their target audiences it makes it plans with the helps of research analysis. In this step it also decides its budget and price which should be suitable for customer as well as employer. Implementation:An implementation schedule is a time-line which shows them that when and by whom the marketing actions will be done. After analysing all the factors it implement their plan. In this process a marketer ensures their efficient use of resource like capital, human and other marketing resources of the company. Control:This process is done by the implementation of their plan.In this step it compares their determined results and real outcomes in order to control their planning. Marketer also make changes if it finds the difference between its results. A marketer of Apple company ensures the achievements of objectives that are adopted by the company. It measures the values of indicators by comparing its actual values to its planned values(Serrat, 2017). Marketing strategies:In this step marketer of the company develop marketing strategies that helps them in achieving their determined goals. By focusing on the elements of strategies and its practices helps them in creating a special value in the mind of their customers. The main aim of developing marketing strategy is to provide satisfaction to their employees and also achieve their goals.
CONCLUSION From the above study it has been concluded that marketing played an important role in an organisation. Marketing department has responsibilities of promoting products and services of the company in order to make a good image of the company and also for increasing sales of the company. It has different functional departments which interrelated and worked together in order to satisfy their customers. It has discussed about marketing current and future trends that marketer used for promoting the company's products. It also showed difference and comparison between 2 company from same industry in context of marketing mix.
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REFERENCES Books and journals Armstrong, G. and et.al., 2015. Marketing: an introduction. Babin, B.J. and Zikmund, W.G., 2015.Essentials of marketing research. Nelson Education. Baker, M.J., 2016. What is marketing?. InThe Marketing Book(pp. 25-42). Routledge. Berman, E.M. And et.al., 2019.Human resource management in public service: Paradoxes, processes, and problems. CQ Press. Chen, J. and Bai, H., 2016, September. Analysis on the Reasons of Social Responsibility Management Deficiency of Multinational Corporations' Supply Chain Based on PDCA Model-a Case Study of Apple Company. In2016 6th International Conference on Management, Education, Information and Control (MEICI 2016). Atlantis Press. Kotler, P. and et.al., 2015.Marketing. Pearson Higher Education AU. Larson,J.andDraper,S.,2015.Internetmarketingessentials.IdahoFalls,ID:Stukent Incorporated. Mohammad, H.I., 2015. 7PS marketing mix and retail bank customer satisfaction in northeast Nigeria.British journal of marketing studies.3(3). pp.71-88. Pike, S., 2015.Destination marketing: essentials. Routledge. Serrat,O.,2017.Marketinginthepublicsector.InKnowledgeSolutions(pp.111-118). Springer, Singapore. Wirtz, J. and Lovelock, C., 2016.Services marketing. World Scientific Publishing Company.