This presentation covers various aspects of marketing essentials including the marketing concept, types of marketing concepts, marketing process, social media marketing process, key roles and responsibilities, value and importance of the marketing role, and significance of effective interrelationships between various departments.
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Marketing essentials TASK 1
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Marketing concept The marketing concept is the philosophy that company should analyse the needs of their customers and then make decision to satisfy those needs, better than the competition. •Production concept •Product concept •Selling concept •Marketing concept •Societal marketing concept
Marketing process It is consisted with analyse market opportunities, selecting target markets, developing marketing mix and finally managing the marketing efforts. EE limited has to identify the needs of customers about telecommunication services and according to that strategy of marketing can formulate. There are various stages of marketing process which are as follows- •Situation Analysis- •Marketing Strategy •Marketing Mix decision •Implementation and control
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Social media marketing process •Social media marketing is modern concept of marketing under which company has engaged with the internet and electronic media. •It can be said that it is a type of e-commerce through which product and services can sell by internet, email, mobile, Facebook and other websites on the internet.
Key Roles and responsibility of EE limited Marketing manager •Marketing manager of cited venture have major role. He/she is a person who is responsible for entire marketing process and activities in the company. He/she have various roles and obligation towards EE limited company .These roles are responsibility are as follows-
Continu... •Marketing manager is responsible to oversees the marketing department. He/she plans and coordinate marketing activities, such as identifying potential customers, developing marketing campaigns and organising focus group. •A marketing manager faces threats to outsmart competition each day. In order to win in marketing, he/she must research demographics, examine various trends and execute quickly. •Marketing manager is also responsible for supervising subordinate who are I n the marketing department such as assistant marketing manger, marketing coordinators or clerical workers. He/she is responsible to hire or train these professionals and conduct their annual performance reviews.
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Value and importance of the marketing role EE Limited is a telecommunication company which is dealing with mobile phones in UK. The major objective is this firm is to produce innovative and creative products and telecommunication services which give better satisfaction to customers. It also aims is to become the world largest and famous telecommunication company and earn maximum profitability and market share. •Exchange of goods and services •Maintaining standard of living of the community •Create employments
Significance of effective interrelationships between various departments EE limited have various department but all have common objective to produce and develop effective telecommunication services so as company can deliver effective customer satisfaction. •Marketing department •Finance department •Production department- •Operational department
References •Merriam, B. S., 2009. Qualitative Research: A Guide to Design and Implementation. 3rd ed. John Wiley & Sons. •Nykiel, R. A., 2007. Handbook of Marketing Research Methodologies for Hospitality and Tourism. Routledge. •Whittaker, M., 2009. An introduction to Internet marketing and planning. Lulu.com. •Wilson, R., 2001. Planning Your Internet Marketing Strategy: A Doctor Ebiz Guide. Wiley. •Bahadir, S. C., Bharadwaj, S. G. and Srivastava, R. K., 2015. Marketing mix and brand sales in global markets: Examining the contingent role of country-market characteristics. Journal of International Business Studies. 46(5). pp.596-619. •Barrett, H. and Weinstein, A., 2015. Corporate entrepreneurship, the marketing mix, and business performance. In Proceedings of the 1997 Academy of Marketing Science (AMS) Annual Conference. Springer International Publishing.
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