Table of Contents INTRODUCTION......................................................................................................................4 TASK 1......................................................................................................................................4 P1 Roles and responsibilities of marketing functions...........................................................4 P2 Roles and responsibilities of marketing relating to organizational context.....................6 TASK 2......................................................................................................................................7 P3 Compare ways to use marketing mix elements................................................................7 TASK 3....................................................................................................................................10 P4 Covered in PPT..............................................................................................................10 CONCLUSION........................................................................................................................10 REFERENCES.........................................................................................................................12
INTRODUCTION Marketing consider as an important activity for business organization to promote its quality products and services market place with the aim of inviting large number of customers. The main purpose of marketing is to create awareness of the customers company offerings through which firm can easily enhance their market share and profitability level as well. Along with this, it also used as a promotional tool that support organization to make customers aware towards its services. With the assistance of this, company can easily capture market share and also increase their customers also (Ali and et. al., 2014). It includes advertisement, personal selling, promotion and many more activities that directly contribute in enhancing overall performance level of the company at market place. In context of this, marketing department also play a vital role in managing its activities and also tries to implement new and innovative ways to invite customers towards their offerings. This will contribute in making customers loyal towards the company. This may aid in accomplishing competitive brand image at competitive market place. Present report is based on Zara, is a Spanish fashion industry founded in 1975. Company serve clothing products to large number of customers in over the world.Report is going to describe roles and responsibilities of marketing function along with its interrelationship with another organizational functions. Furthermore, marketing mix is also mentioned in this project that help in improving customers base within the organization. At last, marketing plan is also mentioned here that prepare by the company with the hope of attaining higher success at market place. TASK 1 P1 Roles and responsibilities of marketing functions Marketing is a wider concept for business organisation to enhance their sales by promoting goods and service in market place. Mainly, marketing function includes activities related with evaluating as well as determining actual need of customers. By this, company can easily provide quality products accordingly so that customers get easily satisfied. Along with this, it also helps in influencing customers to consume company services to satisfy their needs. This will contribute in increasing customers base and at the same time also support in attaining competitive advantage from its rivals at wider market place. In this regard, marketing function also refer to the activities in which Zara focus on quality of the products to satisfy their customers. If they do the same then company can easily enhance their productivity level and at the same time also accomplished positive brand image (Bačík, Štefko and Gburová, 2014). This will contribute in inviting large number of customers
towards its services. Furthermore, marketing function is important for company because it create a customer and at the same time also sell company products in market place. By this organization van easily increase their profitability level. In this, there are some roles and responsibilities of marketing functions within the Zara are as follows: Marketing analysis: It is one of the important roles of marketing in which marketing manager analysis marketing by undertaking an effective research (Baker and Magnini, 2016). It helps in evaluating the actual demand of the customers and market trends as well that present in the market place. This will contribute in maximizing overall sales and profitability as well. In context of Zara, marketing manager focus on analysing current trends and customers preferences towards the clothing products. With the assistance of this, manager easily produce products and provide them accordingly. This will directly contribute in making customers happy and satisfied towards the company products and services. If Zara offer their clothing products to customers as per customers demand and current fashion than they easily retain them for longer period of time. By this company easily improve their positive brand image in customers mind and in market area as well. Promotion: This function of marketing is also playing a vital role in increasing customers awareness towards company products and services in order to increasing profitability level of thecompanyatmarket.Byusingthisactivity,Zaracaneasilyprovideappropriate information of products and services to its large number of customers so that consumers can easily buy its services. Mainly the information related products include its price, uses, its features and many more. All these are hep in making customers aware about company products. Along with this, Zara also use different social media tools to promote their clothing items in market place. By this company invite large number of customers towards its services and also increase the chances of increasing over sales at market place. This may directly contribute in accomplishing competitive brand image at market place. Pricing: One of the primary and foremost function is to set price of products that customers can easily affords and also willing to pay. At the same time also ensure that product price can cover cost and generate profit for business organization. If company set products cost as per customers demand than they easily increase sales and make customers loyal towards its products and services for longer period of time (Baker and Saren, 2016). In this context, marketing manager of Zara play a vital role in setting product price that may define that how well company perform and also meet its target profit in market place. If marketing manager
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set product price incorrectly then company reduce their sales and money as well. Thus, it is important for manager of marketing department to evaluate the customers taste and set their clothing cost accordingly (Blythe and Martin, 2019). This will help in improving the customers base and at the same time also make them happy with company and its services as well. It helps in capturing larger market share and customers attention also. By this company can easily accomplished their positive brand image at competitive market place. Distribution: It is also an important function of marketing in which is related with the carrying products from the places of production and consumption as well. In this marketing manager of Zara is responsible for deciding the place from where products can be sold and offered to its customers. It may be including transportation, warehousing, inventory and many more that support in providing products to its customers as per their convenience. In this, manager of marketing is responsible for promoting its products in marketing so that customers can easily consume company services and satisfy their needs. By this function, Zara can transfer its products to end users which the aim of increasing overall performance at competitive market place. All these are the major roles and responsibilities of marketing function that help Zara in making competitive image at market place and at the same time also aid in inviting large number of customers towards its products and services. Thus, it is crucial for marketing manager of company to implement all the function while selling its products through which they can easily accomplished their target and also make customers base stronger. This will contribute in capturing larger market share from its rivals. P2 Roles and responsibilities of marketing relating to organizational context In any organisation, marketing is a department whose roles is to the promotes product at at the major zone. In context of the Zara, relationship of the marketing department has closed relationship with financial department, R&D, operation etc., with the help of which actual product is shifts to the market structure along with the increasing its suitability to gather business objectives to be accomplishes in given time period (Boschetti and Massaron, 2015). In Zara, marketing team is the highly active into the field and also strategic relationship with the finance department and R&D Dept. etc. is essential, with the help of which targets or goals will be acquire or accomplishes into the given time period. The roles and responsibilities of the marketing departments with the other Dept. are as follows:
Marketing department and Human Resource department: HR department is the back support of every firm which helps in linking productive relationship with other co- employees. Marketing Dept. of the Zara uses to publishes job position in this area to HR Dept. to hire appropriate manpower for doing promotion of their products (Brychkov and Domegan, 2017). The HR department and Marketing department of Zara have potential to work together, so that talented as well as skilled employees can be recruited. After the hiring, training & development is to be given to this people and also makes them perfect to accomplishes marketing goals or targets. Marketing and financial department: Financial Dept. is the adrenaline to every firm with the help of which funds would be raised to marketing department to conduct activities such as sales promotion, trail campaign, sponsorships to rises awareness about the among consumer and business viability for the longer period of time. Using funds, marketing department are supposed to keep records of the expenses made during the promotional activities or time to gather business objectives. Marketing department and Production department: Production department of the Zara is responsible for manufacturing the products. Marketing department analyses the markettrendsandtasteofpreferences.Whereasbyusingthehelpfrommarketing department, Production department can manufacture the products according to the demand and taste of their customers. These both departments of Zara are working together for manufacturing quality based products which can satisfy the expectations of customers. With support of this department, resources will be applicable to the production of final clothing products in given period of time duration. TASK 2 P3 Compare ways to use marketing mix elements It is one of the important tool which used by business organization with the aim of attaining its marketingobjectives intarget market. Thiswillcontributeinimproving performance level of the company at market place (Dioko, 2016). Along with this, it is also used to promote its products in market for enhancing overall sales of the company. For better understanding, there is a comparison of marketing mix in Zara and with another company: ElementsZaraBurberry ProductZaraisafashionbrandthat provide apparel in market place The product refers to a substance or item which is offered in the market in
andalsohasearnedalotof growth at market place in a short periodoftime(Kennedyand Parsons, 2014). Mainly, company offer products for men, women and children cloth as per their needs and wants. Along with this, it offer trousers, tops, skirts, bags andmanymore.Alltheseare directly contribute in increasing profitabilitylevelofthe company. In addition of this, the main focus of this company is to capturecustomersattentionby providing them quality services. exchange of some amount that recover company'scostinvestedinbringing productintomarket.Burberryis offering wide range of products which includes clothing product, accessories, and other luxurious items. It mainly focusesonqualityofproductsover price due to which targeting middle and higher income group. For example, TartanPatternisaproducthaving unique design which can easily attracts large number of customers worldwide. PriceZaraservequalityproductson low prices to invite large number of customers towards its services. Mainly,companyadoptlow pricingstrategytoserveits clothing products to customers. This will aid in generating larger profitabilitywithinthe organization. Itreferstotheamountwhichis charged by company in exchange of their products and services. Burberry is providing quality with their products and services due to which they adopts premium pricing strategy. Their prices can beafforded by middle and higher income group who also prefer quality over price.
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PlaceZaraoperatetheirbusinessin overtheworldandhastheir stores in around 88 countries with approx 6500 outlets. Along with this,companyalsoselltheir productsthroughonlinestores whichmayaidinimproving strong customers base. Itreferstothelocationwherean organisationoperatedtheirbusiness activities. Burberry has operated over 500 outlets in more than 51 nations. The company also offers their products through franchising their stores with third party dealers (Mittal, 2014). PromotionThemainfocusofZaraisto promote its products in market. Forthiscompanyspendmore money on their advertisements. Thisisthemainreasonthat companyeasilyincrease awarenessinmarketand customers mind as well. This will contributeinincreasingoverall sales of the company. It refers to the promotional activities whichgrabsanattentionofhuge amount of customers towards products andservicesofferedbyan organisation.Burberryiscurrently adoptingvariouspromotional techniques such as advertisements on magazines, digital media tools such as social media etc. Currently Burberry has organised “Romeo Beckham” in their Festive campaign which increases the sales and revenue of company. PeopleZarahasskilledpeopleto performingtheiractivitiesin effective manner (Mueller and et. al., 2015). Along with this, its employees focus on understating customers demand so that they can easily provide them quality servicesatmarketplace.This willimprovetheoverall performance of the company. It refers to the people who contributes maximum efforts towards growth and successofanorganisationin competitivemarketworld.Burberry also put more emphasis on enhancing skillsandknowledgeoftheir employeesthroughprovidingthem traininganddevelopmentprograms. Hugeamountofworkersatoutlets requiresgoodcommunicationskills thusprovidingcommunicationand learningsessionsincreasesthe
retention of loyal customers towards company. ProcessZaraisafamousbrandthat includes an effective process of manufacturing products and also useadvancestechnologiesthat supportinofferingitsquality productsinthemarketplaces. The main focus of this company istoreducewastagetomake quality clothing products. Itreferstoanactivitywhichis executedtoproduce,marketand deliver theproductsand servicesto their targeted customers. Burberry is adoptinganeffectiveandefficient process as it adopts updated machinery andequipmentsintheirvarious business functions. The company also deliveritsproductsusinganonline platformwhichmakeseasyfor customers located in different areas to buy their products and services at an offeredprices(JenyoGabrieland Soyoye Kolapo, 2015). Physical evidence Zara offer their services in over theworldandalsoenablein invitingcustomerstowardsits quality clothing products. In this regards, company also have their online sites to offer their services tolargenumberofcustomers. Withtheassistanceofthis, companycaneasilyincrease profitabilitylevelandstrong customers base as well. Burberry sold their goods and services inwiderangeofcolourpackaging which enables customers to recognise theirproductseasily.Thecompany alsohasawebsitewherethe customers to see their products along with their benefits and prices. This will helpcustomersincomparingtheir productswiththeirrivalsproducts easily.
TASK 3 P4 Covered in PPT CONCLUSION From the above-mentioned report, it has been concluded that, marketing is essential activity for every business organization to promote their products and services in market place with the aim of increasing overall sales. With the assistance of this, company may establish their competitive brand image. Mainly, it is promotional tool by which firm can easily invite large number of customers towards company products and services. As a fashion industry, Zara serve quality services to its customers as per market trends and customers’ needs and wants. This will increase customer base and satisfaction within the company. In this context, marketing function is also playing a vital role in managing marketing activities through which firm can easily deliver quality services to its target customer. Furthermore, marketing mix is also support company to grab customers attention towards its services. By this business organization enhance profitability level at market place and at the same time also established competitive brand image.
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