Table of Contents INTRODUCTION................................................................................................................................3 PART 1.................................................................................................................................................3 TASK 1.................................................................................................................................................3 P1 Explain the key roles and responsibilities of the marketing function.........................................3 P2 Explain how roles and responsibilities of marketing relate to the wider organisational context .........................................................................................................................................................4 PART 2..................................................................................................................................................5 TASK 2.................................................................................................................................................5 P3 Compare the ways in which different organisations apply the marketing mix to the marketing planning process to achieve business objectives.............................................................................5 TASK 3.................................................................................................................................................9 P4 Produce and evaluate a basic marketing plan for an organisation..............................................9 CONCLUSION..................................................................................................................................13
INTRODUCTION Marketing is wider and broader concept which require deep level of knowledge and skills. Marketing is defined as process which is used to promote the selling or purchasing of product. (Proctor, 2020).In business sector, it has become important for organisation understand the concept of marketing to carry out the functions, operations and activities. With rise of competition, trends in market are flexible which change from time to time. Cadbury, a Brsitish multinational corporation headquartered in UK. It is being considered as largest confectionery company after Mars brand. Company provides ample number of products such as 5 star, Bournvita, Cadbury Fuse etc.This report comprises of roles & responsibilities of marketing function, inter-relation between roles & responsibilities of marketing with organisational perspective, marketing mix and marketing plan. PART 1 TASK 1 P1 Explain the key roles and responsibilities of the marketing function Marketing includes ample number of functions and operations but is mainly focused on selling or buying of goods. In relevance with Cadbury, their perform their functions with proper consideration so that goals as well as objectives are achieved. Marketing function have various roles & responsibilities which are discussed below- Identifying the requirements of Customers This is most important role of marketing function in which role is to search / identify the changing needs of customers which changes periodically. It is essential to identify the needs so that decision making is carried out accordingly. In reference with Cadbury, they also focuses on there target customers by conducting proper market research. By this research, it become easier for them to understand the need of end users. Determining customer requirements In business, marketing department is also responsible for analysing & anticipating the customers requirements as because it assist them in gaining competitive advantage. By anticipating customer requirement, it is easy to fulfil the demands and needs of every potential individual. In context withchosen entity, they anticipate customer requirementsby statistical techniques and strategies(Rudden, 2016). Market research
market. In reference with Cadbury, they are abletomakeprofitbecauseofproviding affordable products in market. Through this, it is easy for them to expand their operational activities at larger scale. ke profit because of providing affordable products in market. Through this,it is easy for them to expand their operational activities at larger scale. So,afteranalysingabovematterithasbeenexaminedthatbothrolesaswellas responsibilities are performed by marketing function in appropriate manner which also increases the productivity of enterprise at higher scale. Therefore, it is these are performed by department in most efficient manner. P2 Explain how roles and responsibilities of marketing relate to the wider organisational context Inorganisation,itisimportanttocarryoutmarketingactivitiessothatgoalsare accomplished in proper manner and within a period time. Marketing manager is needed to be aware about their roles & responsibilities so that error do not occur during the process. Further, performing these will assist in achieving of objectives at wider scale. In relation with company's point of view, they are have ample number of roles which are linked to marketing function(Lam, 2019).Cadbury focuses on these responsibilities & roles through which they carry out dal processes in correct way. There are various functional units which are connect with marketing concept and are discussed below- MarketingandHumanresourcedepartment:Humanresourceplaysacrucialrolefor recruiting capable & knowledgeable candidates with aim to get the work related role filled with appropriate person. In reference selected entity, marketing focuses on offering credentials linked to job position that assists the HR professional to select applicant as per their needs. So, it is essential to make coordination between both HR and marketing department for enhancing profitability and sales of Cadbury in future perspective. Marketing and Finance department:Finance department is also important for carrying out the
task & activity of business organisation. It is responsibility of manager to assess need of Finance in every field. Then further, in marketing sector there are several promotional tools which included sales promotion and personal selling for carry out various function in improved manner. Hence, it is crucial to make coordination between both finance & marketing sector. In reference of enterprise, the financial management make a budget for conducting different marketing functions in improved manner(Wu, 2018). Marketing and Research & Development department:Research & development department focusesonconductingeffectiveresearchtocollectnecessarycredentialsregardingtaste, preferences or needs of consumers in correct way. They conduct research for identifying the demand of customer during interval of time. The information collected from R and D department helps marketing manager in satisfying the need of customer for continuous period. Marketing and Production department:The production department is crucial forconverting the manufacturing of goods or products into final output. Thus, it is important to make coordination between both production department and Marketing department so that they can produce goods which help in attracting number of user at market place. In reference with selected corporation, the production department manufacture goods for satisfying need of customer with aim to gain competitive advantage of rival firm in market. Therefore, it is seen that above stated paragraph depicts inter-relation between roles, duties with firm context. Manager of entity is responsible for managing both these two. It is a critical processes are which required to be carried out after a proper decision making. Furthermore, enterprise is able to accomplish goals in appropriate way. With linking up with these functional units, it is cleared that they marketing is related with functional units of organisation at wider level. So, it is essential to make decisions regrading these in most appropriate way. PART 2 TASK 2 P3 Compare the ways in which different organisations apply the marketing mix to the marketing planning process to achieve business objectives. In enterprise, it is necessary to use effective strategies and tactics to increase sustainability period of business for future period. With use of marketing strategies, it is possible to compete with rivals in market in appropriate way. Organisation uses different types of strategiesaccording to their level of requirement criteria.So, to compare these heterogeneous ways or criteria two enterprise have been chosen for comparison which is Cadbury and Nestle.
Marketing mix- It is strategy which is a set of tactics or actions which is used by entity to promote their product of firm(Liu, 2017).To use this strategy,deep level of market information is required so that elements are used in appropriate way. In relevance with selected firm, they use this set of action sothatobjectivesareachieved. Thereforethesupervisoroffirmfocusonorganisingand appropriate marketing mixes of on entity & their competitive strategy for achieving competitive benefit. In respective of of these, it help in increasing presentation of organisation in interval of time therefore the manager focuses on organising or conducting Cadbury and Nestle marketing mix for increasing the performance level(Dost, 2019).It is a wider concept as it involves seven P'S of components which are described below- P'SCadburyNestle Product-Product is defined as a thing which is manufacture with aim ofselling.Inrelationwith chosen entity,they also have a ample number of product such asDairyMilksilk,Cadbury Nestlealsohavevarietiesof productintheirorganisation likeNestlecoffee,breakfast cereals,dairyproductsetc. Theytargeteverytypesof customers from lower to higher
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Celebration etc. With this large productportfolio,theyattract large number of customers. class income people. Price-Apricereferstovalueof anythingwhichismeantfor sale. In organisational sector, it is important to be aware about price of the product.(Chokshi, 2016).There are various types ofpricestrategieslike skimmingprice,penetration, etc.Inreferencewith undertaken entity, they uses all typesofpricestrategies depending upon the quality and demand they use strategy. Thisenterprisealsohave differentpricesofproduct according to their quality. As theytargetsaffordable, premiumandsuperior customerstheyuseprising strategiesaccordingly. Therefore, pricing strategies are flexible in such type of business orrelyonchangingmarket demands. Place It refers to location from where there the product of company is available to customer or they access the goods. It is crucial foreveryentitytofocuson physicallocationwhether consumerswillbeableto accessthestoreornot. Cadburyislocatedglobally whichmakesiteasierfor enterprise to access store. InrelatedwithNestle,they havebeenalsolocated worldwide.Asaplace,they havethereproductsat hypermarkets,supermarkets, localshopswhichareeasily accessible.Duetothis, individualeasilyfind company'sproductsin convenient manner.(Jha, 2017). Promotion- It refers to process of promoting oradvertisingtheproductor goods through use of different tools like social media, personal sellingetc.So,selected enterprise uses social media as a tool for promotion. It is most In reference with this company, theyalsopromotetheir products at global level.There are various tools which are used byfirmsuchasnewspapers, broadcastair,etc.whichare usedbythemforpromoting
effective commonly used tool.product. Processes- This is defined as process of distribution of goods and then final delivering it to customers. Inthisprocess,assuringis being done regarding how the serviceisofproductis delivered.Incontextwith chosenenterprise,they encounter customersin such a way that they purchases product (Magalhães, 2020). Inthis,processesisbeing carriedouteffectively. Organisationdeliver after sales servicetotheircustomers. Through this, they are able to increasesatisfactionlevelof consumers at wider scale. People- In this component, it includes thosepeoplewhodaily encounterconsumerssuchas sales man, staff, management, employeesetc.Thus,chosen entity have well organised and trainedstaffwhoare responsible to their duties. Thisenterprisehaveskilled employeeswhoincrease businessproductivity.Thisis because firm provideson the job and off the job training to theiremployees&staff. (Schultz, 2018).Through this, they are able to deal with end usersinpositivemanner. Moreover,these people help in overallfunctioningof functions/ operations. Physical evidence At last component isphysical evidencewhichrefersto physical proof of existence of a company.Itisneededtobe focusedbecausetoattractor buytrustofendusers,itis crucial to have physical proof of entity.So, this firm have a physical evidence as they have their products in almost al the Theyhavemainaimof deliveringgoodqualityof productsbygoodpackaging, effectivedistributionsystem, well organised physical outlet, etc. Through this, they provide evidencetopublicoftheir business. It leads to increase of positiverelationshipbetween both the parties.
local as well as premium stores. By accessing this, it is easy to increase trust of consumers. Therefore, from stated matter it has been seen that it is crucial to use marketing mix so that entity is able to use decision making process correctly, resources in efficient way. Through this, they carry out their functions & operation in appropriate way. Moreover, this is analysed that with deeper analysis and by conducting research it is possible to accomplish or use tactics in effective manner. By understanding comparison between different organisational & there different way to use marketing mix,it is seen that proper awareness is needed to be maintained so that everything is done in correct procedure. TASK 3 P4 Produce and evaluate a basic marketing plan for an organisation In business sector, it is important to prepare a marketing plan which will guide and direct how , when & what to use during the process.Planning is crucial at every aspect of business because risk is dissociated with it(Abdel-Basset, 2018).It is time consuming processbut is crucially to be adopted for achievement of better results. It includes various elements which are discussed as follows- Companyoverview-ThechosenfirmisCadburywhichisamultinationalfirm headquartered in UK. Entity have varieties of product with large portfolio which attracts ample number of customers. It is located globally & run its operations, functions accordingly. It was founded by John Cadbury in 1824, UK. It has larger supply chain which is used by them as competitive advantage. They provides products like biscuits, chocolates, toffees, etc.(Proctor, 2020). Vision and mission-Main vision & mission of entity is to deliver a premium quality of products to customers with total satisfaction.Whereas, there vision is to be global leader in confectionery sector. Objective-The first most priority objective of enterprise is to enhance the customer portfolio of product worldwide. They have started focusing on their aim like in present view, they want to offer sugar free products to those who are focused towards their health and nutrition. STP- It refers to process in which it is used by entities todetermine the position of firm
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Also, because of use of aggressively promotional tool it is increasing their cost of production.(Wu, 2018)(Liu, 2017). In context of Cadbury the budget is15000£related to sugar free cookies of Cadbury which is going to be discussed below: Marketing budget Particulars1st year2nd year3rd year4th year5th year Early money400050006000500020000 Venture800013000130003300011000 Total1200018000190003800031000 Promotion lay out Advertising600030004O0033003250 publicity40002000600022002000 Direct selling42002000500030004650 Total1420070001500085009900 The given matter states that marketing plan is important for development of new product in market.So, in explained paragraph STP & budget of a plan has been discussed. The budget of enterprise is higher because of use of promotional tools (Chokshi, 2016).
CONCLUSION After a brief analysis of above report, it has been concluded that marketing essentials are importantwhichareneededtobeadoptedwithpropermarketresearchsothatgoalsare accomplished. It is duty of manager to make assure that correct essentials are used which increases productivity. So, discussions have been made about marketing functions, inter-relations with different roles & responsibilities, marketing mix & plan. Firm need to use them in such a way that process is carried out effectively. Then, budget has been prepared which specifies that how much it will cost to use marketing essentials.
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Schultz,2018.FromSTP toPAR:Movingcommunicationplanningfromthepasttothe future.Applied Marketing Analytics,3(4), pp.286-290. Abdel-Basset, M., Mohamed, M. and Smarandache, F., 2018. An extension of neutrosophic AHP– SWOT analysis for strategic planning and decision-making.Symmetry,10(4), p.116. Borg, 2020.Music marketing for the diy musician: Creating and executing a plan of attack on a low budget. Rowman & Littlefield Publishers. Gil, 2019. Introducing information literacy into a marketing budget class assignment: A case study.Journal of Business & Finance Librarianship,24(1-2), pp.1-16.
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