This document discusses the roles and responsibilities of marketing function in an organization, with a focus on Coca-Cola. It explores the interrelationship of marketing function with other departments and provides insights into Coca-Cola's marketing strategies.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
MARKETING ESSENTIAL
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION.....................................................................................................................................3 TASK 1.......................................................................................................................................................3 P1 Roles and responsibilities of marketing function................................................................................3 P2 Interrelationship of marketing function with other departments within an organization.....................6 TASK 2.....................................................................................................................................................10 P3 &M3 Comparison of two companies marketing mix........................................................................10 TASK 3.....................................................................................................................................................12 P4 & M4 Produce detailed, coherent evidence based marketing plan for an organization.....................12 CONCLUSION........................................................................................................................................16 REFERNCES...........................................................................................................................................17
INTRODUCTION Marketing is the crucial tool in the modern business organization which lead them to accomplish their pre-determined goal in an effective and efficient manner. However, it is an activity as well as a processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at large. Additionally, marketing widens the market size as it draws out the hidden wants of consumers, creates new demand, locates the untapped areas and finds out the possibilities of selling new products (Ataman, Van Heerde and Mela, 2010). As the marketing efforts widens the area of market, the producers can utilize their resources otherwise remaining partly optimize to the maximum which enable them to reduce the total cost per unit. This report is based upon Coca- cola, which is one of the leading companyinbeverageindustryasitcommencedintheyearofJanuary29,1892.It’s headquartered at Atlanta, United States and serves worldwide with a high or best quality of products. This study includes roles and responsibilities of marketing function as well as its interrelationship with other departments within an organization. Finally, compare the two companies marketing mix and develop a new marketing plan in order to achieve to business goals and objective in a best manner. TASK 1 P1 Roles and responsibilities of marketing function Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizationalobjectives.However,itisconsideredasoneofthekeydeterminantsfor company’s growth and enhancement as it enable them to identify current or future trend of marketplace in order to introduce best products that helps firm to attain higher level of profitability ratio. Apart from this, Coca-Cola marketing function contains unique set of roles andresponsibilitiesthatimprovestheirpotentialitytogainincreasedlevelofcustomer satisfaction as well as to capture best positioning among competitive marketplace. Some of the roles of Coca-Cola’s marketing business unit are as follows:
Branding:In today’s competitive world of marketing and advertising, a key to success is building a strong brand as it considered as the process of creating a brand name for product in order to attain sustainable proficiency ratio as well as gaining competitive advantage in better manner.However,Coca-Cola’smarketingdepartmentincludesd3velopingacompelling, positive and lasting image of business that generates an emotional connection with customer which improves overall performance of firm and enlarge its market. One of the crucial role of branding is to render unique or attractive brand name or same brand to all products of a business firms (Bačík, Štefko and Gburová, 2014). Customer support service:The key to marketing success is the satisfaction of the customer. Therefore, an important function of marketing that is to provide various customer support services like after sales service procuring credit services, handling customer complaints, consumer information etc. These services help in getting, keeping and growing the number of customers. Along with this, Coca-Cola’s marketing function is mainly focused on providing the best possible customer experience and continuing customer relationship for acquiring sustainable profitability and productivity. Moreover, Coca-Cola’s marketing unit id also specialize in customer retention and solve complex issues that strengthen their market share as well as enlarge their potentiality of achieving increased level of sales growth in a better way. Promotion:It is a type of communication between buyer and seller in which vendor tries to persuade the buyer to purchase their goods and services through promotion to capture the attention of customer and generate maximum level of satisfaction. Apart from this, it is regarded as one of the basic element in marketing mix which improves the public image of firm. There are several methods to promote the product are personal selling, advertising, sales promotion, direct marketing publicity and also involves exhibition, trade shows. Along with this, it is also relate with providing information to the customers about the Coca- Cola’s products, their features, uses, prices etc. and persuading them to buy these products for enlarging firm productivity ratio and also boost up their capability in acquiring best positioning within competitive marketplace (Baker, 2016). As the marketing function has various roles to play within an organisation likewise it comprises several responsibilities which help Coca –Cola to accomplish their long term goal in an
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
impressive and productive way. Thus, there are some responsibilities which Coca-Cola Company implies into their business operation are described as below: Tracking the competition:It is one of the crucial responsibility of Coca-Cola marketing functional unit as it lead them to obtain higher level of profit maximisation with an optimum utilisation of resources in an effective manner. However, this function is obliged for researching the competition and keeping up with them to know what they are doing , which products they are launching ,what are the weaknesses of the competitors and how to avoid making the same mistakes as the competitors. It is also essential to know how the company is placed in relation to its competitors, why the customers prefer the other companies, what customers the competitors target and the relationship they have with their customers. Moreover, it helps Coca-Cola to analyse marketing trend in order to create a better customer relation strategy that lead them to attain high level of profitability ratio. Flexible and innovative:For sustaining longer time within today’s marketplace, every company should contain adaptable nature which improves their overall performance in an impressive manner. However, under this function Coca- Cola takes an initiative to evaluate the current demand of industry and based on that it brings novel ideas or technologies in order to obtain maximisation of profit in a productive style. Thus, Coca- Cola introduces all updated technologies into their business operation as well as implies creative ways or thoughts that enable them to provide increased level of customer satisfaction in a productive style (Brooks and Simkin, 2012). Ascertaining budget:It also involves estimating the overall cost in order to carry out all business activities or operation in an impressive or effective manner. However, they are mainly obliged to provide all relevant information to public for promoting the Coca-Cola’s product which helps them to capture the attention of customer and it directly reflect on enlarging firm market size. In order to attain the same, they calculate overall expense and according to that they follows various promotional activities for gaining competitive advantage in an effective or effect manner. However, the above discussed roles and responsibilities allow Coca-Cola to boost up their sales growth and also to render increased level of customer satisfaction by providing high and best quality of products or service in an affordable manner. Due to this, they can easily
capture the attention of wider crowd towards company products and can survive within competitive industry for a longer period of time. M1 Analyse roles and responsibilities of marketing Marketing has various roles and responsibilities in case of wider organisational context of Coca-Cola company as it help them to achieve the target by collecting information of industry for developing suitable product which lead them to acquire high level of customer satisfaction. Along with this, it encourage Coca-Cola to adopt innovation or creative ways to carry out their business operation which lead them to enhance their market size or share in an impressive manner. P2 Interrelationship of marketing function with other departments within an organization The major purpose of marketing is to execute activities associated to exchange of goods from the final consumer to the producer of the product. This is usually done with the motive of cumulative the satisfaction level of customer's (Dann,2010). Howver, Marketing is the unremitting process of creating, anticipating, identifying and satisfying the needs of potential customer's. Marketing function generally involve of creation of plans which are linked to what is to be produced, how it is to be produced, when it is to be produced and for whom it is to be produced. With the help of this establishment aims at completing goals in the operative manner. Growth and survival of business directly hinge on upon various marketing strategies used by the management of the organisation. In the absence of marketing organisation would not be able to make the customer's aware about existing products and services. Improper marketing function can also tip to decrease in sale and market-share of the organisation. Marketing department and otherdepartmentsofCadburyareinter-linkedandinter-relatedwitheachother.Any modification in plan and working structure of one department can lead to negative affect on anotherdepartments.Theinter-relationshipofmarketingdepartmentwithvariousother departments of Coca-Cola are discussed below- MarketingwithHRdepartment-Thesetwodepartmentsplaysamajorrolein accomplishing the goals and target of the organisation within limited period of time. If the HR department is capable to hire and recruit skilled candidates for its marketing department. Then
employees will be competent to give their best output in causative growth of the organisation. Skilled workforces will contribute new and innovative ideas for enticing large number of customer's in the market. Best candidates are hired by using innovative techniques such as campus recruitment, social media, etc. Marketing and HR department of Coca- Cola are inter- related with each other. As these two departments can help the organisation in increasing brand image and reputation of the organisation in the best possible manner. As Coca- Cola marketing function conduct various strategies like campus interview, advertisement, job fare and many moreto attract talented or capable personnel who will contribute their best effort toward an attainment of increased level of sales growth and productivity. (De Vries, Gensler and Leeflang, 2012). Marketingwithfinancedepartment-Withtheassistanceofthesetwosections productivity and profit of the organisation can be directly increased. If the management of Coca- Cola desires its marketing department to function well than sufficient amount of fund will be required for the same. This can only be generated from finance department. Marketing function also implements deeds such as sales promotion, public relation, direct selling, etc.Fund for these actions are generally provided by finance department. With the help of these two departments Coca-Cola can easily attain competitive advantage in the market for longer period of time. Thus, for successful marketing Coca-Cola must have strong base of finance because with the help of these funds company set goals for marketing like sales target, price and many more in order to accomplish organisational pre-determined goal in a productive manner. Marketing with production department- It is very much crucial that marketing department and production division combine forces with one another. The work of production department is to produce and manufacture goods as per demand of the customer's. While the work of marketing department is to fascinate large number of customers attention and to satisfy their unlimited necessities and wants. If the marketing department of Coca-Cola is unable to recognize precise demand and taste of its customer's. Then production section may not be able to produce goods in the organized and coordinated manner. This can also lead to wastage of available resources in the organisation. If these two departments are able to function in the harmonized way then overall growth of the organisation can be easily attained (Dudzevičiūtė and Peleckienė, 2010). However, Coca-Cola marketing unit takes an initiative to evaluate marketing trend and according to that
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
update production function which help them to deliver best quality of products and it lead them to acquire best positioning among competitive marketplace. Marketing department with IT department- The work of IT department in Coca-Cola is to make use of latest tools and technologies for manufacturing and selling the product. With the help of these two departments cost of Coca-Cola can be easily saved. As the management of the organisation will be able to perform various activities in the methodical and anticipated manner. IT department can also help marketing department in developing online website to escalation performance of the establishment. As with the help of these websites customers can be made aware about the existing and new product of the organisation. Along with this, Coca-Cola customers are also privileged to provide their valuable reviews regarding their experience which allow frim to implement best strategic decision for achieving increased level of market share and also proficiency ratio. Marketing with Research& development department- Research and Development is related with exploration done by the by organisation to discover new or innovative ideas for enticing large number of customer's. This department ensures that marketing activities are successfullyperformedandfirmholdslongtermprofitability.Thisprovidecompetitive advantage to a firm by providing necessary information to marketing department. The main aim of marketing and research department of Coca-Cola is to maximise the sale and profitability of the organisation in the best possible manner. Through proper research and development or utilisation of resources the need and current trends in market can be identified and applied (Ehret, Kashyap and Wirtz, 2013). The difficulty arisen in marketing department are solved by research department by deeply analysing the problem and providing apposite elucidations for the same. Research department of Coca- Cola specifies the environment in which marketing activities will operate. With the help of R&D Coca-Cola can easily analyse that improvements in the existing product will be required or not. This can lead to giving better competition to the competitorswhichareoperatinginsametypeofindustry.Additionally,firmmarketing departments takes an effort to analyse the present market situation and based on that they make best plans in order to survive during high level of competition in an effective and efficient way. From the overhead conversation it can be said apt plans forfunctioning of marketing department and other departments can lead to growth and profitability of the organisation in the
best possible manner. The major function of marketing department is to determine accurate need of customer's and make plans for increasing their experience. Marketing majorly works with taking various kinds of risk by using innovative techniques and ideas. But these ideas can be failed in the market if ideas are not implemented after properly analysing the market conditions. Cadbury can easily achieve its targeted goals and objectives if each and every activity is properly managed by the top management (Hsu, 2011). As with the help of these opportunities available in the market can be easily identified. Plans can also be formed for reducing threats in the external environment of the organisation. It is very much essential and significant to inter- relate various departments of the organisation. As with the help of this function strategies and action plan of the competitors can also be known by the management of Cadbury. For achieving the goals and target of the marketing function skilled and talented candidate needs to be hired by the organisation (Ionita, D., 2012). As these employees will give better ideas for completing the work in the prescribed time frame. If the major focus is done on evaluating and operating the marketing function in the proper manner than long and short term goals of the organisation will be easily achieved. M2 Analyze the significance of interrelatedness between marketing and other business units in a firm As the business grows, it is important that departments within an organization must actively work together to help in achieving mutual long term goals. However, each of the functional unit requires each other support and it help them to maintain over their cost as well as allow them to product best or high quality of product or services in order to attain high level of customer satisfaction.It is determined that relationship of marketing with other department in the Coca-Cola is very vital and substantial to increase the profitability and efficiency of an organization. Companies prerequisites to emphasize and focus on encouraging this relationships with each other (Cabrera and Williams, 2014). D1 Critically evaluate and analyze the elements of marketing and its its inter connection with various functional units within organization
As per the above discussed content, it has been noted that marketing is one of the essential function in Coca-Cola Company as it directly linked with providing higher level of satisfaction to customer in order to acquire sustainable profitability ratio. However, there are various roles and responsibilities of marketing which encourage them to analyze current and emerging trend of market so that they can come up with innovative or creative product that lad tem to strengthen their sales growth in an impressive style. Along with this, Coca-Cola comprisesseveraldepartmentswhichareinterlinkedwitheachotherforaccomplishing organization common goal or objective within prescribed time limit without nay hindrances. Thus, each Coca-Cola functional unit provides their equal participation with marketing for promoting their brand in an impressive manner as well as to improve their overall performance in a productive manner. TASK 2 P3 &M3 Comparison of two companies marketing mix Marketing mix is the concept of various the marketing based constituents such as price, place, product and promotion which is also termed as the 4P’s of marketing mix. Product is both tangible and intangible in nature and price shows it’s the real value and status. Due to increased competition, these two things are necessary for sell and earn purpose. But to sell, its necessary that that the product should be promoted or being aware to an audiences (Chen,Wang and Wang, 2010). Also, it should have the right places or location, in context with Coca-Cola, marketing mix is helpful to know about uniqueness and positive of business functioning such as its product, price, promotion and place. In this assessment, comparison of marketing mix of Coca-Cola and PepsiCo will be undertaken and covering 7 Ps of the marketing mix. The Comparison is as follows: ElementsCoca-ColaPepsiCo PriceCoca-Cola is mainly known for its taste and flavor of the soft drinks, instead of its pricing. It deals in price sensitivemarket,whereitsrival PepsiCoisgivingcutthroat PepsiCo is well known for its soft plus beverages segment. In price, PepsiCoiscurrentlyusing extensive pricing, in which focus is being on price for quality rather
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
competition in current era. In matter ofprice,CocaColausesprice penetrationonexistingandprice skimmingonnewproducts.This would be helpful to gather revenue. than price for product. Due to the tough rivalry for Coca-Cola has started putting focus on taste and bringing customer loyalty. ProductCoca-Cola has almost 3900 product in its portfolio all over the world and including Coca-Cola which is one of the most recognized and highest used product till date. Also, Frooti is one of the world popular product made up of the mango and known for its taste. PepsiCo has large soft drink and beverages retail chain, in which eatery such as freetos and Doritos are exist which is good or perfect in taste. Due to regular usage, it gives major income to this brand. PlaceCoca-Cola has an extensive soft drink distribution system all over the world including Latin America, Europe and MiddleeastAsia.Duetoits distribution system, reach of its item is high and even without spending quite low (Daniel, 2011). PepsiCodistributionsystemis unique,inwhichonlysupply when there is the actual needs or wants. This is unique to save cost and generates higher revenue. PromotionIn the soda drink industry, firm has now started spending huge on global advertising using both modern and traditionalchannelstopromote products. Still Coca-Cola spends less, but their product identity is unique and good. PepsiCo ability to do promotion is somewhere unique and based onproducttopromoteitself becauseofitsuniquepointor matter.Duetoincreased promotionplatformsourcefor revenue has become high for this leading beverage brand. PeopleCoca-Cola has almost 6 lacs people working in all over the world and theyareallworkingwithsome defined aimor purpose. Thisisa PepsiCo has 5 lacs people works together with purpose to expand the product reach to its customer withauniquemanner.Thisis
uniquenessaboutthissoftdrink industry, that people role is to pass fromproductiontofinalcustomer with their tactics. necessary for soft drink business t haveskilledandunique manpower. ProcessCoca-Cola has many production units in different part of the world which is mainlyusedattimesofthecoke fillingprocess.Theyusesregular innovation in its process focused on advance technology to manufacturers or filling process in bottles (Dann, S 2010). PepsiCo takes help of third party people,strategicallianceswith bottle maker and focuses on cost reduction out of the same process. Duetoincreaseinadvance technology,costofprocessis somewhereriseasbecauseof third party involvement. Physical evidenceCoca-Cola has its headquarters in city of Atlanta and other different units in different part of the world such as India,Australia,UKandEurope. Theyareuniqueintheirphysical appearanceandhavewonderful environment for people to work. PepsiCo has its headquarters in city of Chicago and also in other regional part of the world. Due to increase in perfect reach of the product such as soft drink and eateriesarequitehighand focused on its reach to customer withworkforceabilityand support of an infrastructures. Coca-Cola needs to use all this marketing mixes with executed actions plan along with getting the optimum results of all seven variables. In order to launch any new product, this soft drink chain have to realize the market scenario, before implementing such variables for the purpose of efficiency and profitability. Also, this leading soft drink brand need to keep analyzing marketing mix and find flaw such as ineffective pricing, product failures, ineffective promotion andretrievingplacessuchasdistributionprocess.Forthiseffectivestrategiessuchas undertaking of the market, process and its up gradation is need to be consider to takes decision for better growth and productivity.
TASK 3 P4 & M4 Produce detailed, coherent evidence based marketing plan for an organization Marketing plan is a detailed report which is helpful to outlines your marketing strategy for a coming year, quarter or month. Moreover, marketing plan reveals about strategic and action plan which every firm is being capable to takes either to launch new product or services to gather business strength and strong position in the market (De Vries, Gensler and Leeflang, 2012). Due to use of marketing plan, firm are mostly able to discuss strength & weakness and suggesting strategic objectives for launching new product or expanding an existing one. So, this marketing plan will be carry on Coca-Cola and in this, launching new product named “Coca Fit” is being undertaken. Coca-Cola Overview of the company:Coca-Cola is the leading American manufacturer and retailer of non-alcoholic drinks and beverages which is well known for its taste and flavor of the soft drink. It was founded by John Smith Pemberton in 1869 and now this company is market leader in soft drinks beverages. This firm is well known for its customer loyalty for its taste and even coming of competition, Coca-Cola sales is on top. Coca-Cola is comes under fortune 500 big companies. Coca-Cola is also well known for innovation in its complimentary product such as energetic drinks, eating beverages and other food services. Product & services:Coca-Cola is well renowned for its offering such as Coca-Cola, energy drink and other eating solution. Firm is well known for its quality and taste which has made its own customer’s loyal to their customer. Coca-Cola is mainly deals with selling non- alcoholic and pure taste or flavored soft drinks. Currently, firm is looking for new energy drink “Coca fit” will be launched by next year. The main agenda is to increase product portfolio and rise strength to the product sales. Vision & mission: The pioneer vision of the Coca-Cola is to be “People first choice ever” which means they are being focused on customer first preferences and mission is to boost business sales by 5 percent by adding new product and increasing portfolio.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Strategic objectives:The major objective behind launching new energetic drink “Coca- fit” is to increase product line and purpose to rise business revenue with estimate of 5 percent and within one year of time tenure. As this strategic goals is challenging, but possible, if right action plan will be prepare in context of the same. In this, application of the SMART objectives is undertaken in which understanding of goals which are specific, time, measurable is confirmed. This goals is time based, measurable and specific in nature. SWOTanalysis:SWOTisrequiredtohavediscussionandanalysisofinternal capabilities and strength, in which firm have good hand or unique position. In this, discussion on opportunities and threats of the firm is being led into topic: StrengthWeaknesses Unique brand name and customer loyalty for its taste is one major strength of this soft drinkbrand.Brandoldtasteandunique product positioning is its strength on which they are depends on. Global distribution and retail chain is unique about this brand. Also, firm has unique price point at which they offers their products. Weakness of this brand is its increasing lack in cost and resource allocation which is useful during process of manufacturer and shifting of the supplier. Due to internationaltrade conflict,Coca-Colaisunabletohandle pricing of its product. In the past the four year, Coca-Cola has launched only limited new product to grab market operation. OpportunitiesThreats Launching new product will be option for Coca-Cola to control its business decline in growth and attain more customer’s loyalty. This would help Coca-Cola to gain increase in theirrevenuesandstrategicallystrong positionintothemarket.Throughthis, opportunity is also to grow and expand retail chain of this leading soft drink. Launching the new product involves lots of cost and creates burden on financial strength ofthisfirm.Thisissevereforbusiness existencealongwithbearingdaytoday expenses. But, still launching new product is something will give competitive strength to business process of Coca-Cola. STP: This stands for segmentation, targeting and positioning. In context of Coca-Cola, this will help company to know right customer who is capable to buy this product. In this
customer will be segmented on basis of demographic, geographic and lifestyle and target & position them accordingly. The explanation on STP is as follow: Segmentation:Coca-Cola will prospects their customer’s on basis of their demographics, geographic and lifestyle. They will try to segment customers of more 18 year of age and takes care of male and female. Also, customer of London and Manchester will be targeted to sell this “Coca fit”. Lifestyle says that frequency of coca drinking is too high and people spent more on buying Coca-Cola product. Target:In this company targets their segmented customer’s on basis of their purchasing parity, frequency and ability to purchasing with the use of their own self-interest and loyalty for buying soft drink of the Coca-Cola. ‘Coca fit” will buy its prospective customer’s using media, previous experience of using Coca-Cola and word of mouth as perfect tool to targets. Positioning:Coca fit will position its customer using social media, media platform, newspaper, TV advertisement etc., which is right mode to advertisement and position its image into the positive manner. Above all, newspaper is recommended as trustworthy mode to position and this is why because of large subscriber’s. Marketing budget:For purpose of new product developing & outlet expansion, it is necessary to made formal costing budget of three prospective year and estimate cost on all the same. In this actual consideration, consideration will be given to investment and cost and then all will be sums up to final estimate cost to be incurred.The formal budget is as follows: PARTICULARS1stYear2ndYear3rdYear Initial investment120001500018000 Borrowings(Bank loans, credits)6000700090000 Retaining earnings700080009000 TOTAL250003000045000 MARKETING OUTLAY Promotion activities80001000011000
Sales publicity60001000011000 Distribution and supply expenses3000100009000 TOTAL420006000076000 Control or monitor: In this strategy or action plan taken to control this project will be taken as major consideration along with flaw in process of new product development. Coca-Cola is being required to make action to control production of Coca fit and led this plan being work for its right purpose and acquiring business strength for Coca-Cola. Regulation or management: In this leader of Coca-Cola will utilize democratic leadership and taking guidance of junior people to adapt right strategy or techniques at right point of time. CONCLUSION From the above report, this is being concluded that marketing essentials is regarded as a necessary concept and theory for expecting marketing functioning into the perfect manner. Marketing using social media as tool which is the part of current trends because it attracts and also have people base which is convenient to promote product. Role of the marketing is defined and assigned to work with other department such as R&D, finance, operation and HR to pursue business goals with higher efficiency. It is important to compare the marketing mix of two different companies to know and realize what shortcoming and weakness are there to get rigid out of it. Finally, it is concludedthat,marketing and its elements are required to manage and control the function and activities in an organization. This has proved necessary for manager and leader’s to pursue perfect leadership style to accomplish defined goals of business. However, marketingisregardedascrucialtoolinmodernbusinessorganizationasitinvolves understanding marketplace,, demands of customer, building profitable relation, customer driven market strategy and render quality among customers.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERNCES Books and journal Ataman, M.B., Van Heerde, H.J. and Mela, C.F., 2010. The long-term effect of marketing strategy on brand sales. Journal of Marketing Research. 47(5). pp.866-882. Bačík, R., Štefko, R. and Gburová, J., 2014. Marketing pricing strategy as part of competitive advantage retailers. Journal of applied economic sciences. 9(4). p.30. Baker, M.J., 2016. What is marketing?. In The Marketing Book(pp. 25-42). Routledge. Brooks, N. and Simkin, L., 2012. Judging marketing mix effectiveness. Marketing Intelligence & Planning. 30(5). pp.494-514. Cabrera, S.A. and Williams, C.L., 2014. Consuming for the social good: marketing, consumer citizenship, and the possibilities of ethical consumption. Critical Sociology. 40(3). pp.349-367. Chen, W., Wang, C. and Wang, Y., 2010, July. Scalable influence maximization for prevalent viral marketing in large-scale social networks. In Proceedings of the 16th ACM SIGKDD international conference on Knowledge discovery and data mining (pp. 1029-1038). ACM. Daniel, J., 2011. Sampling essentials: Practical guidelines for making sampling choices. Sage. Dann,S.,2010.Redefiningsocialmarketingwithcontemporarycommercialmarketing definitions. Journal of Business research. 63(2). pp.147-153. De Vries, L., Gensler, S. and Leeflang, P.S., 2012. Popularity of brand posts on brand fan pages: An investigation of the effects of social media marketing. Journal of interactive marketing. 26(2). pp.83-91. Dudzevičiūtė, G. and Peleckienė, V., 2010. Marketing strategy process: quantitative analysis of the customers’ satisfaction. Business: Theory and Practice/Verslas: Teorija ir Praktika. 11(4). pp.345-352. Ehret, M., Kashyap, V. and Wirtz, J., 2013. Business models: Impact on business markets and opportunities for marketing research. Industrial Marketing Management. 42(5). pp.649-655. Hsu, Y., 2011. Design innovation and marketing strategy in successful product competition. Journal of Business & Industrial Marketing. 26(4). pp.223-236. Ionita, D., 2012. Entrepreneurial marketing: a new approach for challenging times. Management & Marketing. 7(1). p.131. Jobber, D. and Ellis-Chadwick, F., 2012. Principles and practice of marketing (No. 7th). McGraw-Hill Higher Education. Khan, M.N. and Adil, M., 2013. Data analysis techniques in service quality literature: Essentials and advances. Serbian Journal of Management. 8(1). pp.95-112. Kian Chong, W., and et. al., 2010. B2B e-marketplace: an e-marketing framework for B2B commerce. Marketing Intelligence & Planning. 28(3). pp.310-329.
Lovelock, C. and Patterson, P., 2015. Services marketing. Pearson Australia. Magnusson, P., and et. al., 2013. The role of cultural intelligence in marketing adaptation and export performance. Journal of International Marketing. 21(4). pp.44-61. Muller, M., 2019. Essentials of inventory management. HarperCollins Leadership. Phelan, W.L.,and et. al., 2011. Marketing optimization system. U.S. Patent 7,904,327