Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Major responsibilities and roles of marketing function.........................................................1 P2 Roles and responsibilities relate with wider organisational context......................................4 M1 Roles and responsibilities of marketing................................................................................5 M2 Importance of interrelationship between various marketing functions................................6 D1 Key elements of marketing function.....................................................................................6 TASK 2............................................................................................................................................6 P3 Application of marketing mix to marketing planning by various organisations...................6 M3 Various tactics applied by enterprise....................................................................................9 TASK 3............................................................................................................................................9 P4 & M4 Marketing plan for enterprise......................................................................................9 D2 Marketing plan with 7Ps.....................................................................................................12 CONCLUSION...........................................................................................................................12 REFERENCES..............................................................................................................................13
INTRODUCTION In the current scenario, marketing can be stated as one of the effective factor which is being followed and utilised at utmost level. There are multiple activities like marketplace, analyse the needs of customers, enhancing the good relations with the customers and thus formulate the strategy and thus give out high quality products to the clients. Every business operating within marketplace has the main focus upon the bringing innovative approach within the marketing strategy which are mainly engaged in having good relations with customers. Marketing function can be stated certain roles of marketing which is too high (Al-Ekam and et. al., 2012). Company taken for this report is Cadbury which is a Multinational company which deals in confectionery items and it is being mainly owned by Mondelez International since 2010 and thus it is the second largest confectionery items after the Mars. There are various kind of roles and responsibilities within the function of marketing of the company along with having interrelationship which has the wider organisational context which is being given in this report. Moreover, marketing plan for the Cadbury is also mentioned in this report. TASK 1 P1 Major responsibilities and roles of marketing function Marketing function of the company can mainly be stated as one of the effectual function of the company which is further utilised for providing platform of opportunities within company to attain the target market. There are mainly various kind of roles and responsibilities which are being faced by the company in order to have growth and success. Various sectors which are like Human resource department, product development, distribution system, marketing research, sales support system, distribution system, strategy management and marketing research which has came across the marketing function. There are multiple functions which has the various roles for mainly promoting the growth of company. Multiple kind of roles and responsibilities of the company which are selling, product, promotion, finance and marketing information system (Wood. H.T,Functionsof marketing.2018). Below described are the factors which has the roles and responsibilities acknowledged by the Cadbury: 1
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Illustration1: Marketing § (Source: Marketing Functions, 2018)MIS (Marketing information system):In this, manager of marketing mainly collects the huge amount of genuine data regarding certain sectors like needs, interest, behaviour and actions of the customers. MIS can be stated as a concept which in turn can provide opportunities to the manager of same and this in turn can mainly assist the in taking out effectualdecisions regarding the business(BakerandMagnini,2016). Processof decision making will help out in increasing the effectiveness which in turn can mainly enhance the customer base of company which can give competitor benefit.Distribution:This kind of aspect mainly draws the attention upon the procedure of transferring goods from one place to another and thus final product can be given to customers. Cadbury has the distribution channel which is highly effectual and thus has the high reach to almost every area. In this, marketing sector has the manager which has the duty of remaining liable for examining the numerous kind ofchannels for the distribution present and thus best one will mainly be opted out which can make sure that the products will be delivered which can save up the cost of the company. Better choice 2
of distribution channel which in turn can mainly support the delivering the product and thus can mainly add the positive note in entire experience.Promotion:This is one of the real capacity of promoting division. Primarily promoting bureau of association is known for this. In this showcasing chief initially investigate the different apparatuses of correspondence and afterwards utilize distinctive specialized devices for advance the organization's item . With this, supervisor make the gatherings of people mindful about the highlights of company's merchandise. Commercial, individual offering, deals advancement, reputation, advertising and exchange demonstrates are the real strategies for advancement (Campbell and Martin, 2015). Every one of these instruments ate viably use by the administrator of Cadbury to inspire them to purchase its items. Make the request of organization's item in showcase is one of the primary thought process of advancement.Pricing:This is known as one of the most important element of a product. Every firm charge some amount from its customers in exchange of its product. This help company in cover the cost of product and generate profits. For attract more individuals and to achieve set sales target final price of product should be right. This is also done by the marketing manager of firm. Right price of product help in attract more individual to buy it.Financing:Funds are known as one of the most important assets of an enterprise. Adequate amount of funds support in carry out commercial activities in right way and at the same time save time of firm. Marketing manager do planning and identify the resources require to carry out the same. All this provide an opportunity to firm to serve more number of customers.Product:Assets are known as a standout amongst the most imperative resources of an undertaking. Sufficient measure of assets bolster in do business exercises in right route and in the meantime spare time of firm. Promoting supervisor do arranging and recognize the assets require to do the same. This give a chance to firm to serve more number of clients. Selling:This is known as a standout amongst the most essential component of an item. Each firm charge some sum from its clients in return of its item. This assistance organization in take care of the expense of item and create benefits (Dibb and Simkin, 2013). For pull in more people and to accomplish set deals target last cost of item ought 3
to be correct. This is additionally done by the showcasing director of firm. Right cost of item help in draw in more individual to get it. Above described are the major roles and responsibilities of the marketing function for the Cadbury and thus this should mainly be carried out in better and effective manner. P2 Roles and responsibilities relate with wider organisational context Company has the marketing sector which can help in taking various kind of decisions and thus it can mainly help out in various kind of activities with motive of attracting large number of customers and thus retain them for long tenure. There are certain actions and decisions for the sector which are interrelated with one another (Draelos, 2010). Manager of the marketing sector mainly conduct the research for gathering data regarding the actions of competitors. Multiple kind of sectors has mainly link with other kind of sectors which manager which has the support in formulating better strategies of business. There is the interrelation with the marketing sector with the wider concept which can be understood by essential factors:Marketing department with operation department:Manufacturing up of goods and services along with other kind of operations are being done by the operational sector. There are certain activities within department which is highly linked with the marketing function. Multiple research are mainly being conducted by the manager of marketing sector for mainly collecting the data about the needs, wants and purchasing pattern for consumers. Data which is being collected is mainly being shared by the marketing sector to the operational sector which can help in making decisions. Company will be supported in manufacturing up of goods as per trends of market and customers needs.Finance department with marketing department:In order to complete the all kind of business operations within time and thus gaining the competitive benefit, it is very necessary to mainly have the high amount of funds. Finance sector can be stated as department which mainly prepare the funds for the budget made. There are certain kind of promotional activities which is highly effective and thus they should have high amount of resources for attaining the objectives. Coordination and cooperation are two essential factors among finance and marketing sector of Cadbury which can promote the product effectively (Eslinger, 2014).HR department with marketing function:HR sector can be stated as one of the effective departmentwhichhelpsoutinmanagingtherecruitmentalongwithselectionof 4
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
employees and formulate plans and strategies for managing the action of employee within workplace. Research is mainly being carried out by manager of marketing manager for taking final decisions. Products are being manufactured by the help of employees in order to give high level of satisfaction. There should be appropriate training which should be given to workers so that better and expected results can be observed.Marketing department with R&D department:There are certain kind of needs and wants of the customers within the present scenario and due to this trends are mainly changing at rapid speed. It is very essential for the company to mainly produce the goods as per the needs and wants of the customers for maintaining the market share (Hsu, 2011). Research and development sector can mainly be stated out for collecting the various kind of researchtocollectthedataregardingthefeatureswhichcompanycanmainly manufacture and thus offer to customers.Sales and marketing function:There are certain kind of activities within the marketing sector which are high linked with one another. There are various kind of communication tools and theories which marketing manager mainly uses for communicating with the final customers and thus influence them for purchasing the products offered by company. IT department and marketing function:There are various kind of technologies which has been adopted by the IT sector of the company in order to attain the commercial target. Ample of opportunities is being provided by platforms like Twitter, Facebook for interacting with clients and gathering the data (Lancaster and Massingham, 2010). Moreover, the technology will give the support to the managers for having relevant data from one place to another. Along with this, within activities of business technology is being utilised and thus it can mainly improve the business process. All these are the real elements of Cadbury that are interlink with exercises perform by showcasing office. Appropriate correspondence channel ought to be use at working environment as this bring collaboration among business exercises and guarantee successful execution of business exercises. This interrelationship ought to be consider by director amid basic leadership process and before detail anticipate business. M1 Roles and responsibilities of marketing There are various kind of communication tools which are mainly utilised by the marketing sector along with the tools which in turn can help out in targeting the customers and 5
thus can create awareness regarding the regarding the products and services. This kind of sector mainly helps out in carrying out the research for gathering up of data regarding the needs and wants of customers. All kind of roles of this sector should mainly perform in effectual manner and thus it can mainly contribute in growth and success. M2 Importance of interrelationship between various marketing functions Multiple kind of activities are being mainly performed by the marketing sector of the company and every kind of activity needs to be implemented effectively and thus they are highly linked with various other functions of company (Lane, 2014). Research is being mainly carried out by manager, data is being collected as per the information and communicating with various other kind of functions. Concluding, there should be proper level of communication among number of sectors as this can mainly can contribute within growth and success. D1 Key elements of marketing function Marketing function can be stated as factor which in turn can give out various kind of opportunities with the target customers and create awareness regarding the goods of company. There are major factors of the sector which are like planning, research, strategy and many more. Company like Cadbury gets the support for various kind of tactics in better and effectual manner for attaining the objectives. TASK 2 P3 Application of marketing mix to marketing planning by various organisations Showcasing blend is an idea that comprises four noteworthy components known as item, value, place and advancement. Primarily, this help endeavour in put the correct item, in perfect time, at opportune place and in right cost. Further, this make the administrator capable or bolster him in choose highlights of item, bolster in set right cost of it and aid settle on right decision of advancement devices for advertising of item. Other broadened component of promoting blend are individuals, process and physical proof. Every one of these components of advertising blend ought to be use by firm in a viable way as this help in accomplish set deals target and create more benefits (Marketing Mix.2018). This idea is utilized by each venture and each business element and they apply this to accomplish their set objectives and targets along with utilization of significant part of showcasing blend by various undertaking can be comprehended by following focuses: 6
BasisCadburyHershey's ProductThere are multiple products given out by Cadbury to their customers as per their demand and desires within marketplace. Major products which company provides is dairy Milk, Five star, Perk, Bournville, Eclairs and Oreo. Bournvita can be stated asstatedastheproductofcompany whichhasmainlygivenoutleading position within marketplace in case of chocolate malt drink (Malhotra, Birks and Wills, 2013). This way they areable to lead the confectionery sector. In moderns scenario, this company has theleading nameandhighcompetitiveadvantage within marketplace. Therearemainlynumberof chocolates along with syrups which are being offered by this company. There are various kind of products which are present in different size and shapes.Incontinuousmanner, innovation within product has given support to company for attracting high amount of customers and can generate revenue.Hershey'sproductsare mainlypositionedasdeliciousand healthy for the children. PriceThere are various kind of products within company like Oreo and Bournvita which has the constant marketing efforts upon the top. Products has the high quality whicharethecrucialfactorwhile deciding the price. In certain cases, price of the products are high and in some it is very reasonable for other cases. Example can be taken up of company like five star andeclairsforhighqualitytastein reasonable prices. Various products are being offered but the pricing up of every productisbaseduponthekindof This company has the premium brand due to which they mainly charge high levelofpriceascomparedtothe chocolates present within the market. Company has the target which is upon the middle class population for the Urban Areas. Price of the products which has remained from $10 to $55. 7
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
customers who mainly buys it. PlaceThere is the main feature of the Cadbury which is its nature of expanding. Products of the company are present within urban areas along with the towns who came under A and B category. But as per the lower demand of the products within rural areas along with marketing of company which is weak in nature. Company has its operationsinabout200countriesin current scenario. Cots of company is high innatureduetothelargeamountof contribution. Cadbury has the presence in marketandtheirpositionisstrongin nature and thus if an individual needs to buy chocolate, thenhe can have easy access from the nearby stores. Products of the Hershey are present within grocery stores on the global level. Along with this, it can mainly be purchased from the drug stores, online,vendingmachineandmany more. Channel of distribution is very effective in nature and thus has been able to reach every kind of customers. PromotionThere are various kind of promotional activitieswhichareuniqueinnature. Example can be taken up of Bournville in which the Cadbury has mainly kept up the tag-line for it so that customers can have luxuriousperception for it. Allof the productsofCadburyhaspositive feedbackupontheproductsthatare mainly sold. Below the line marketing is mainly utilised by the company and even it is strong in nature and this is the reason this is highly strong and brand recall for company. This brand always cross the Promotional activities of the Hershey with the help of TV ads, Billboards and Magazine ads. Main motive of the company is manufacturing up of tasty chocolates for every customer. Milk booster is the product of this company hastopositionitselfashealthy products for children. 8
mindofpersonwholooksoutfor chocolate. PeopleRepresentatives are the one that help firm in accomplish its set objectives and goals. Cadbury utilize abilities and information of its specialists in a way that contribute in accomplishment of element. Hersheyshasatalentedworkforce whichbolsterinitemadvancement and in offer something new to clients. ProcessProcess embrace by Cadbury to produce chocolates is simple and powerful, this help in keep up the nature of chocolates and spare time of organization. Well ordered process is take after by Hershey'stomakechocolatesand handoverittodefinitebuyers (Martin,CampbellandHarmsen, 2014). Physical Evidence Cadburygatherandstoreimportant information frame its clients. This help in fabricate and offer better items to people according to their prerequisites. Hershey'sdodifferentendeavours make its offering more appealing to impact different purchasers. M3 Various tactics applied by enterprise Tactic can be stated as an action by the company with the motive of accomplishing the final goal and objectives. This mainly can be implemented by one of more then one tasks. There are various kind of tactics which can be applied by marketing sector for attaining the goals and objectives. This has been also adopted by the Cadbury company for completing its objectives. TASK 3 P4 & M4 Marketing plan for enterprise Promoting plan is a record which features showcasing and publicizing exercises of firm for the coming one year from now. This show business exercises and activities to accomplish particular promoting objectives in given day and age . Facilitate this demonstrate the present advertising position of organization. For the most part showcasing plan stay in formal structure yet this can be in the casual which increment adaptability of promoting capacity (Moons and et. 9
al. , 2010). Definition of this arrangement begin with distinguish the last devours and this is finished by firm with help of a statistical surveying and in this firm recognize the different routes through which organization can satisfy the necessities of its clients. Detailing of spending plans, deals estimate, examination of market circumstance and definition of methodology is altogether gone under the way toward promoting plan. Fundamentally promoting arrangement is a method thathelpbusinessassociationinuseallassetseffectivelytoaccomplishsetcorporate destinations. Break down qualities and shortcoming of element is likewise cover under the way toward promoting plan. Overview of Cadbury:Cadbury has the manufacturing up of products and thus sell it to the customers within confectionery sector. There are certain products which are being offered by the company like drinks, bars and tins. This company was mainly founded in year 1824 and is majorly based upon the Birmingham, UK. There are large number of people who mainly work in Cadbury and thus this can mainly support the company for serving its customers in better way. Vision of Cadbury:Vision statement mainly highlights the brand value of the company in future time. One of the effective feature is the vision treatment which can help in communicating for both kind of purpose and value of company. This mainly provides the direction for the employees who can mainly perform the roles in effectual manner and thus can encourage them to work well in nature. Vision of Cadbury is to “ Working together to create the brands that people love”. Mission of Cadbury:Mission statement mainly states that the major objectives and the motive of existence within market. Mission statement can be stated as the starting point for the strategic planning along with the process of ending goal. This evidence of Cadbury states that “Cadbury means quality this is the promise of firm. Reputation of firm is to develop upon quality”. Goals and objectives of Cadbury:Objectives can be stated as the purpose which company has the wish to complete over. Major goal of the Cadbury is that it has become the largest and effective confectionery company. Cadbury has the experience of implementing the activities as compared to rivals. In order to formulate better and effective plan of marketing, it is very necessary for the manager of the company which can mainly give the detailed data regarding the vision and mission of the company. In simple words, company works for the bridge which can take them from current situation to the future one where they exactly want to be (Perreault, 2010). After that, it is being 10
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
needed by manager for carrying out the SWOT Analysis for the company to gather the data regarding the strength, weaknesses, opportunities and threats of company. SWOT Analysis of CadburyStrengths: One of the major strength of the Cadbury is that it is one of the leader of world within chocolates. Company is mainly famous for the better and effective distribution channel and thus it can have much more presence in more then 200 countries. Product portfolio of the company is very strong in nature as it has various kind of products like Oreo, Bournville, Dairy Milk and many more. There are various kind of products which enjoy great level of Brand loyalty. Due to this, company mainly charges high level of prices and due to which activities are much more effective. Cadbury company has mainly used the attractive tag-line which is “Taste the feeling”. Effective and better level of strategies are being used which can break up the bulk. Products are mainly being distributed in over 200 countries and thus they have mainly offer 40 type of products.Weakness: Main weaknesses of the Cadbury is the poor rural distribution. There are various kind of cases which has mainly took place with the quality of product where there wassomedisturbingfactorswerefound.Companyneedstohavecontrolonits chocolates.Opportunities: Weaknesses of the company can be changed in the opportunity. There are some rural areas which has been penetrated and that can be the opportunity for the company. New flavour has mainly got the flavour and taste and thus it can bring upon the innovation in which product of the company can enjoy large number of customer base (Wieser, 2012). Threats: There is the increment within the health consciousness of the customers and that can be one of the biggest threat for Cadbury. In modern scenario, there are large number of people who has mainly chosen upon the healthy kind of juices and fruits rather then chocolates. STP of CadburySegmentation:This can be stated as the process which in turn can mainly divide the entire level of population within small identifiable groups. Cadbury is mainly being segmented which mainly consists of break segment, impulse segment and take home segment. 11
Targeting:Products of the company has mainly been distinguished as per the class of customers. Example can be taken up of chocolates of the company like temptations and Bournville on which customers are willing to pay more.Positioning:Tag-line of the company is “Taste the feeling” which mainly defines the position of the product. Marketing Budget Marketing budget (inPounds (£)) Particulars1st year2nd year3rd year4th year5th year Initial money85004500105001250018500 Investment19500255003550018500 Total850023000360004800037000 Marketing outlay Promotion1000080009000140005000 sales publicity10003000300030004000 Direct selling50006000200050005000 Total1600017000140002200014000 Marketing strategy:Individual is being motivated to purchase the products from various kind of marketing strategies utilised by company. Profit of the company is mainly growing on 12
rapid speed. Major reason can be stated for the company is the needs of the customers. This can mainly support the growth of more then 20% of annual basis. D2 Marketing plan with 7Ps There is the marketing plan which is written in nature and thus mainly have the data regarding the marketing activities of company. There are various factors of marketing mix in set right for the product which can motivate an individual for choosing the offering of the company over the rivals. CONCLUSION From the above report, it can be concluded that the all kind of activities which has been the sector under the marketing sector which in turn can mainly be executed in effectual manner. This make expansive number of people illuminate about organization's items its highlights and urge them to purchase the same. Compelling specialized devices ought to be use by firm as this expansion client base of association. 13
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and Journals Al-Ekam, J. M. E. and et. al., 2012. Determining the antecedents of actual purchase of local product brand in Yemen.American Journal of Economics, special issue.pp.97-100. Baker, M. A. and Magnini, V .P., 2016. The evolution of services marketing, hospitality marketing and building the constituency model for hospitality marketing.International Journal of Contemporary Hospitality Management, 28(8), pp.1510-1534. Campbell, R. and Martin, C., 2015.Media essentials: A brief introduction. Macmillan Higher Education. Dibb, S. and Simkin, L., 2013.Marketing essentials. Cengage Learning. Draelos, Z. D., 2010. Essentials of hair care often neglected: Hair cleansing.International journal of trichology.2(1). p.24. Eslinger, T., 2014.Mobile Magic: The Saatchi and Saatchi Guide to Mobile Marketing and Design. John Wiley & Sons. Hsu, W., 2011. The vocabulary thresholds of business textbooks and business research articles for EFL learners.English for Specific Purposes.30(4). pp.247-257. Lancaster, G. and Massingham, L., 2010.Essentials of marketing management. Routledge. Lane, V., 2014. Measuring the Financial Value of Marketing Strategy with Excess Stock Market Return.International Journal of Risk and Contingency Management(IJRCM),3(4), pp.1-16. Malhotra, N.K., Birks, D.F and Wills, P., 2013. Essentials of marketing research. Pearson. Martin, C., Campbell, R. and Harmsen, S., 2014.Media essentials: A brief introduction. Bedford/St. Martin's. Moons and et. al. , 2010. The extended decomposed Theory of Planned Behaviour. A framework for investigating the adoption process of electric cars. InThe 6 Senses-The Essentials of Marketing (EMAC 2010)(pp. 191-191). Perreault, W. D., 2010. Essentials of marketing: A marketing strategy planning approach. Wieser, P., 2012.Essentials of Logistics and Management, The Global Supply Chain(No. EPFL-BOOK-197496). EPFL Press. Online Wood.H.T,Functionsofmarketing.2018.[Online].Availablethrough: <http://smallbusiness.chron.com/functions-marketing-business-32399.html>. MarketingMix.2018.[Online].Availablethrough: <http://www.marketingteacher.com/marketing-mix/>. 14