Table of Contents INTRODUCTION......................................................................................................................3 MAIN BODY.............................................................................................................................3 TASK1.......................................................................................................................................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 TASK2.......................................................................................................................................6 P3 Compare the ways in which different organisations apply the marketing mix to the marketing planning process to achieve business objectives..................................................6 TASK3.......................................................................................................................................9 P4 Produce and evaluate a basic marketing plan for an organisation....................................9 CONCLUSION........................................................................................................................13
INTRODUCTION Marketing can be defined as a department within the organisation which helps in establishment of a relationship between customer and organisation by the use of different marketing tools. In general, these tools are advertisement, sales promotion and many others. In relation to the current report, chosen organisation is Unilever. It is a British multinational organisation dealing in FMCG, cosmetics and food.This report is consisting of discussion about the key roles and responsibilities of marketing function and fulfilment of these responsibilities in relation to a wider organisation.There is also about the marketing mix of Unilever in comparison of its main competitors. In the end of this report, there is discussion on the marketing plan which can be followed by the organisation to achieve its marketing objective within the target market. MAIN BODY TASK1 P1 Explain the key roles and responsibilities of the marketing function. Covered in PPT P2 Explain how roles and responsibilities of marketing relate to the wider organisational context Covered in PPT TASK2 P3 Compare the ways in which different organisations apply the marketing mix to the marketing planning process to achieve business objectives Marketing Mix Unilever and P&G BasisUnileverP&G PriceInrelationtoUnilever,the currentpricestrategyof organisation is to set the prices at the level which can follow thecompetitivebaseprice strategies.Themainreason PricingstrategyofP&Gis greatlydependingonthe quality and the brand value of the product. Under the P&G company use umbrella system of pricing where the different
behind adoption of this price strategy is because the data on thecomputeriseasily available due to large number ofcompetitorswithinthe industrywhereorganisation also undertakes the cost to set prices(Silberschatz,Galvin and Gagne, 2014). policies are adopted according to the product offered by the organisationwhichinthe market. ProductIn relation to product mix of Unilever,organisationsalads product under the five product categories and each of these is severalasseparatedproduct lines. All of these products are soldunderthecommon branding of Unilever. P&Gheaderwhiteproduct range where company used to produceshampoo, dishwashing,familyhygiene, food,healthcare,menand womengroomingandmany more(William and Zikmund, 2012). PlaceInrelationtoplacementsof Unilever, organisation sells its products through to marketing channel.Thefirstitself directlytothecustomer through online website and in thesecondchannel organisationusesocial platformwhereitsellits producttodifferentretailers located all over the country. P&G has worldwide network foritsproductwhereits distributionpolicy isdirectly relatedtomanagementof products. Companies operating its main channels in India, UK, China and USA. Physical EvidencesInrelationtophysical evidencemixofUnilever, organisationsellsitsproduct anddistinctcolourpacking P&G also used different kind ofproducts,packagingand styleforitsproductsand services so that it can maintain
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whichhelpineasily identification of the product on retail shelf. Company also use marking as well as location of busy retail stores for display system. ouruniquenesswithinthe market as compared to other competitors. PromotionsUnderpromotionmixof organisationusemultiple media channel to promote its product.Companyuse traditionalmediawhich includeadvertisementand television. It is beneficial for theorganisationbecauseit coverlargermarketand attractslargenumberof customertowardthe organisations products. P&Galsousepromotional strategies where company use the traditional methods of advertising like market campaignandtelevision advertisements(Silver, 2012). PeopleIn context of Unilever, it has people working under it sales teamthatplayavitalrole withintheorganisation especially in marketing efforts. Theseareprofessionally trained and have different kind oftechniqueswhichhelps companyinachievingits objectives(Rossi, Allenby and McCulloch, 2012). Inorganisation,italways focuses on employees where it conductsdifferenttraining programstoawarethe employeesaboutthecurrent trends within the market. ProcessTomakeitpermanentthat organisationsproductare always available on the retail Organisationfollowsproper processwhichisrelatedto minimisingthewastageof
stone Unilever follow a proper systemthatinstallwith retailersandcannotifythe organisationtheirinventory levels. It also recommends first infirstoutmethodto customerssothatinventory canbemanagedinan appropriate way. resourcesandincreasingthe productefficiencyby providing quality services. TASK3 P4 Produce and evaluate a basic marketing plan for an organisation Marketing plan It is a set of different activities and actions which has to be done by the organisation to implement the marketing strategy and the target market. Marketing plan is directly associated with the achievement of goals and objectives related to marketing within the organisation.Undertheseactivitiesincludethenation'sobjectivesandvisionofthe organisation which can be achieved by adoption of a proper approach related to marketing and targeting the customer by using strength of the organisation(opolšek and Čurin, 2012). Overview of Unilever It is a British multinational consumer good organisation headquartered in London UK. It operates in a variety of products which include food sweets energy drink baby food soft drink ice cream cleaning agents and various others. The total turnover of the organisation in 2017 is 57 million euros. The major product of organisation is the heart brand ice creams, Lipton, Lux, Magnum, Rexona. It was originally formed in 1929. Company is continuously adopting strategies related to development its marketing function as well as using a variety of product range to serve the customer in better way. Mission: The mission of Unilever is "To add vitality to the life where organisation can meet the everyday needs for nutrition hygiene and personal care with brands that help people feel good look good and get more out of the life to enjoy it”
Vision: Unilever corporate vision is "To make sustainable living commonplace where organisation believes that this is the best long-term way for the organisational growth and surviving within the market for longer period of time. This also focus on sustainability for retaining the customer longer period of time" Marketing objectives To increase the sales of FMCG products by 20% in the current financial year. To promote the goods and services by using cost effective techniques to minimise the cost by pulling it down by 10%. Launching new products including sanitizer and disinfectants spray under the brand name the dove. General objectives Deliver long-term superior value to reshaping the portfolio of the organisation and being a fast and low cost police digitalize company. Serve people everywhere through data dual relationships and channel availability for managing better relationships and achieving the goals related to marketing. Using the scale for building the trust through transparency and you purpose to lead the business models. For achievement of goals and objectives related to marketing, organisation has to use a proper strategy which is capable of using all the resources together towards a particular direction of goals and objectives. In relation to current scenario of Unilever, the best suitable approach to the firm is adopting STP approach. This approach is discussed below: STP approach STP approach can be defined as an approach which is used by the organisation to achieve its marketing objective. Include division of marketing strategy in three segments segmenting targeting and positioning(Lovelock, 2011). Under these three step organisation has to divide each and every strategy of marketing in three categories will it can easily implement a proper plan and achieve its goals and objectives. In relation to Unilever, STP approach is discussed below: Segmentation:
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Segmentation is a process related segmenting the market according to the production service of the organisation which helped the firm in using the marketing concept. In relation to Unilever, organisation can also use the process of segmentation where it can implement the marketing strategies to achieve marketing objective. it will used to divide the market in demographic, psychographic and lifestyle basis. All these distributions are discussed below: Demographic segmentation: Under the demographic segmentation, Unilever can use to divide its market according to income gender education level and age of different individuals live in the target market. Unilever is a multi-good organisation so organisation will target the customer according to each and every product. In the current situation of covid-19, organisation will target the customer for its sanitizers and disinfectants spray. For this organisation will forget the age group of 10 to 60. In relation to gender, organisation will target both male and female genders. There is no division according to education level of individual because organisation of the products which can be consumed by both educated and non-educated individual. Psychographic segmentation: In the segmentation the major focus of Unilever is toward personality and emotion of the individuals. Real the organisation to focus on attitude lifestyles hobby and risk aviation factors included in the products of the organisation. there is no risk involved mint within the products of Unilever because organisation is operating in consumer goods which does not involve high cost. Organisation is also use differentiated price strategy where quantity buying is the main focus of the firm to attract the lifestyle and emotional customer. Targeting In the stage of targeting, organisation has to follow the process of segmentation where it determine and select the market and planned advertising media which has to be used by the organisation to appeal the customers. In relation to segment customer, organisation can use different kind of tools and techniques like online advertisement and data collection which will help in targeting the potential segmented customers. In relation to the Unilever, organisation has three choices to cover the market which are undifferentiated differentiated and niche marketing. Organisation head and choose a particular strategy to target the choice to purchase the dependent on the products and services which been offered to the customer. In addition to the current scenario and differentiated marketing is the best option which can
be focus while targeting the customer in whole and promoting the products that have wide target segment(Joshi, 2012) Positioning It is the last stage in the process of STP. Under this stage organisation has to focus on the reviews of a customer after implementation of a particular strategy.It is important stage in gaining competitive advantage in the market. Under the stage of positioning organisation in use three types of key positioning structures within the brand to achieve the competitive advantage.Thesearefunctionalpositioningsymbolicpositioningandexperiential positioning. In relation to functional positioning Unilever can focus on the aspect of products and services that can be full fill the customer needs and desire. In symbolic positioning organisation has to focus and characteristics of brand that fulfil the customer self-esteem and in experiential positioning, organisation has to focus around the characteristics of the brand that stimulate the sensory of emotion the connection with customers. Marketing budget Particulars1styear2ndyear3rdyear4thyear Investment110002000065005000 Initial money11000700055005000 Total22000270001200010000 Marketing outlay 15000200030005000 Sales publicity 2200100010001000 Direct selling4800350010001000 Promotion5000150050002000 Total2700080001000019000 Monitoring and feedback
It is the last stage under the marketing plan where marketing team has to regularly monitor the performance of overall team. In relation to Unilever, marketing manager within the team has to review the performance by using appropriate frameworks as well as monitor the complete progress so that decisions can be taken towards the achievement of goals and objectives.Hear the approach of regular feedbacks and analyzing the customer behavior can be used. CONCLUSION It can be concluded from the above mentioned information that it is important for an organisation to identify different factors related to marketing strategy so that it can establish a relationship between marketing and other function of the organisation for a better and cooperative environment. it can also concluded that using a proper marketing plan will help firm in achieving its objectives related to marketing and developing a separate image within the market by achieving the goals and objectives in relation to the marketing mix.
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