Roles and Responsibilities of Marketing in Organizations
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This article discusses the key roles and responsibilities of marketing functions in organizations, including listening to customer needs, tracking trends, establishing strategic marketing plans, and more.
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Table of Contents INTRODUCTION...........................................................................................................................1 P1. Key roles and responsibilities of marketing functions..........................................................1 P2. Roles and responsibilities of marketing related to large organizations.................................3 M1 roles and responsibilities of marketing in context of the marketing environment................5 M2. Significance of interrelationships between marketing and other functional units of an organization..................................................................................................................................5 P3. Comparing the ways to apply marketing mix in different organization to attain business objective.......................................................................................................................................5 M3 Evaluation of different tactics applied by organization to demonstrates the business objective......................................................................................................................................9 P4. Evaluation of basic marketing plan of an organization (Covered in PPT)............................9 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Marketing is the department of an organization which is responsible for activities & processofoffering,diverging,interacting&makingavalueforclient,partnerandfor consumers. Marketing is related to the art to make, explore and deliver commodity according to the need of consumer as well as for earning profit. This report will cover the various role and responsibilitiesofmarketing,interrelationofmarketingwithotherdepartmentsofthe organization, various tactics used by the organization in order to achieve their goals successfully. Moreover, this report covers the essentials of the marketing plan for the smooth flow of its various operations within the organization. P1. Key roles and responsibilities of marketing functions Marketing can be defined as process through which companies can promote their products and can build contact with consumers. This is the tool which aids in increasing sales of the firm and brand awareness to great extent.Pestle analyses the tool that adis in knowing about external factors that impact on business.Every company needs a perfect marketing strategies to grow in a particular direction. Unilever is one of the most famous and successful brand across the world and the growth ratio is beyond the reach of other companies because of the better marketing planning. There are several key roles and responsibilities of marketing function are as follows - Listening to customers needs To grow the company in this competitive environment, organization needs a perfect marketing strategy to connect the clients and building up the strong relationship with customers for the long term (Pike., 2015). Unilever follows the following plan to receive the customer's attention - ◦Internal channels The market survey is essential to know the current market needs of customers and Unilever works in same way and completely focused on the local market to establish the stores in the local areas. This gives the relevant customer response. ◦External channels Company search and perform actions to get attention of the customers and one satisfied customer always helps in converting others to customers (Babin and Zikmund., 2015). Track trends and monitor competition Tracking and monitoring the market is necessary because it helps in getting the new leads and also helps in knowing the current market trends. Unilever is the biggest market capturing 1
company and also expanding in the remote areas where people are not able to get the food and Unilever also run some social campaign that attracts the customers and helps them in getting the natural products and the main benefit of capturing the market is that it helps in knowing the threats that can ruin their market (Larson and Draper., 2015). Work and brand value Brand is not just a word, it defines whole company and decides the future of the company, what type of products and services the company is delivering. Unilever is one of the top consumer goods company that works on their brand value and not only Unilever, other companies also focuses on the brand value and clean brand strategies helps in focusing on the mission and vision and also save the time and money (Perreault., 2018). Searching for new marketing tools Nowadays, companies are adopting a different marketing tools that automatize the company's process - ◦Product management There are many management tools or software that identifies the management routine. According to the survey, Unilever uses the tools for project tracking such as the Basecamp and the user feedback software to get the reaction of the customers about the products and services and this type of management tools helps in improving the productivity of the company (Muralidharan and Raval., 2017). ◦Marketing Automation tools The automation tools boost up the performance of an organization and Unilever uses the best-in- class automation software SAP, Business continuity Services (BCS) and the software organizer that takes the audit data and matches it with the original company's software license. Unilever also uses the service which is Global Software library contains the database of 200,000 software products. ◦Product information management tools It is also known as PIM, which tracks the real time collection of the product at a time and also tracks the storing, analyzing, and distribution of the products in the market. Unilever also uses some PIM tools such as EIGER, PRoMPT which is the risk management tool that identifies the risk and he causes of the product and gives the green signal to the product (Puddle., 2015). Communicate with the rest of the company 2
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The communication is the most important key to get success in every field. The common goal of every company is to maximize the profit. If the base is weak of any company, then it is very difficult to grow in the future. The benefits of the communication is the seamless collaboration with the other companies know their mission and vision and can work together to achieve the common goal and the ability of manage the multiple conversation and the communication also helps in eliminating the long-distance barriers. Helps in improving the Sales process and Customer The main responsibility of the marketing department is to know the customer's reaction about product and services and the best method to know the consumers is to connect with them directly and helps in knowing their feelings (Rudden., 2016). Establish strategic marketing plans Every company needs a better strategic planning in order to grow in future for the long term. Unilever believes in profitable and responsible growth. This helps the company in meeting the customer's need and also act responsibly with the finite number of resources. The better marketing strategies helps to achieve sales, consumers insight, collaboration, innovation, better sourcing and manufacturing. So, these are some key rules and responsibilities of marketing functions. PESTEL analysis It is a framework through which business environment is analyzed. This enables in finding out external factors that impact on business. They are as follows :- Political factor- it is related to change in political situation of nation. This highly impact business because trade and tariff policies are changed. Economic – This is related to change in economic situation of country. It includes GDP, currency rate, income level, etc. of people. Social – this factor is related to change in taste and preference, needs, of people. It highly impact on business growth. Technological–Itincludechangeintechnologyofnation.Thismeanstechnological advancement or change in IT infrastructure. Legal – this factor is related to change in laws and regulation of country. It include employment laws, healthy and safety law, etc. Environmental – it include change in laws related to environment such as CSR policies, 3
sustainability, etc. P2. Roles and responsibilities of marketing related to large organizations Marketing plays an important role in the selling products and improvising the existing services. Marketing has different roles and responsibilities related to wider organization i.e., Unilever. The main goal of marketing is to collect the information of the customers and analyze the current market trend and also marketing helps in achieving the target and the objective of the company by making the different plans (Stanford., 2017). If marketing related with the case of developing and designing the product, marketing plays a major role. Unilever connects with the bigger brands that attract the customers and of course, customers always goes with the famous brands. Marketing also helps in improving the packaging and the quality of the product because customers firstly focus on the product packing and then the quality. Quality always matters and the people are now more aware about the health and uses the natural products that is beneficial for their health. Marketing also develops the advertisement that attracts the customers and advertisement is the main factor that directly impacts on the mind and force to buy the product and one of the most important factor is the brand value that the Unilever have and this gives the unique identity to the company and the brand value is the only reason the Unilever is the most popular and successful company in the world (Lane., 2016). Marketing is related with finance department, as marketing generate sales and finance department handle the cash flow which is generated through sales. If there is no coordination between them then marketing will not be able to get adequate funds hence cash flow will be affected. Marketingdepartmentisinterrelatedwithproductionbecauseproductionproduces products by knowing about needs of consumers and this thing is communicated through marketing department, because marketing team of Unilever conducts research and ensure to know more about actual requirement of customers. The roles and responsibilities of marketing management is to ensure the success of companyforthelongterm.ThemarketingmanagementofUnileveralwaysworkson improvising the various functional areas such as product quality, customer service, research and development,productionandfinancethatdirectlyrelateswiththedevelopmentofan organization. All these functional areas helps in determining the profit and loss ratio and decides 4
the future goals of the company. Marketing management sets the different types of business development strategies for the development of better quality product. If, any company launches a new product in the market then to make the customers aware about the product, companies take help of the local marketers or vendors to promote the product in the market. But the main trouble behind this situation is how to convince the customers to buy the product, then companies uses the digital marketing platform to promote the product among the customers and users are more connected with the online platform as compare to the offline market. Marketing plays an important role in building the reputation. The marketing management knows that how to deal with the marketers to publicize the product in the market and this needs a better marketer who understand the needs of an organization. The customer satisfaction with the better loyalty (Nirschl and Steinberg., 2018). Unilever always focuses on the developing market because this gives the better hike to the company and the under developed market always pays a proper attention on the new products and marketing strategies helps in setting fair prices, appropriate changes in prices by preparing the right marketing approach. The marketing strategies of Unilever is very strong and marketing creates demand and demand is completely related with the supply and increased demand encourage the production and distribution process and this increases or boost up the income level and also gives the better employment opportunities. Marketing is important in beating the competitors. Marketing management keeps on researching the new market trends and the steps taken by rival company to understand their marketing plans and the what will be the next step of the competitors to sell the product and the promotional activities to promote the product (Bhatt and Gupta., 2018). Therolesandresponsibilityofthemarketingfunctionsconsistsofmarketing communication with the other organization and the customers and creates the positive image of company. The main responsibility of the employees of Unilever is to give the better quality product and services to the customers and to get the positive reaction from the customers that will be beneficial for growth of company in the future (Purvis., 2015). M1 roles and responsibilities of marketing in context of the marketing environment The researching & development of marketing plan is the responsibility of marketing department in an organization. There are various roles and responsibility are performed by the marketing officials for the growth of the organization. Meeting customer needs wants & needs, 5
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economic growth, management of demands, creating utilities, the best product offering, adapting the right price & widening the market are the various roles performed by marketing department in an organization. The various responsibilities of marketing department are: listening to the needs of the customers, defining strategic marketing plans, managing market budgets and calculation of return of investment, helps to improve sales processes & customers, communication with the rest of the company, innovations, coordinating with the marketing partner of the company, searching for new marketing tools & tracking the latest trends & monitoring competitions (Babin and Zikmund., 2015). M2. Significance of interrelationships between marketing and other functional units of an organization Production/ operations / logistics, research & development, customer services provision, IT (entrants, intranets & websites), human resources & functions within the organization are the various interrelations between marketing & other functional units of the organization. Marketing is almost interrelated to each department of the organization as marketing is the art of making the product, exploring the need of the product as well as offering or delivering the best product to the desired consumer. Thus, marketing is interrelated with each department of the organization for obtaining the business mission effectively (Pike., 2016). P3. Comparing the ways to apply marketing mix in different organization to attain business objective Unilever is the most popular and successful brand across the world. Unilever meets the everyday needs of customers related to nutrition, hygiene and the personal care and this is the reason which makes the Unilever a top brand. Unilever is the UK based consumer goods company and their customers are of every age group. Unilever uses the 7 golden rules of marketing to achieve the long term goals. The 7 P's of marketing mix used by Unilever is product,promotion,price,place,processandphysicalevidence.Unileverhasthebetter knowledgeofcustomersandthemarket.Unileverunderstandthedemandofcustomers according to the current market trends and the Unilever is connected with the several popular products related to healthcare, beauty and the food and beverages and having millions of turnover of every year. Unilever set the price of any product according to the market competition and as per the geographical segment because geographic segment is the only factor which 6
decides the selling ratio of the product and several companies uses the natural products and this can impact on selling of the company (Perreault., 2018). The distribution network of Unilever is very strong and the connection with the local suppliers and the capturing of the strongest market is the main strength of Unilever. Government also supports the Unilever to promote the products and services in the rural areas to make them aware about the products and the social campaign and these kinds of social campaign helps to company to understand the current marketing condition in the rural areas. Unilever spends money on advertisement on television and on the local newspaper and sometimes organizes the events in schools and college to know their views about the products running in market and how the Unilever is best among all the companies. There are several consumers goods and services are established in all over the world. The process of selling the product and the strategies of Unilever to build up the customers is unique that makes it different from other companies. The main motive of The Unilever is to provide the product to every customers and their products should be in reach of everyone and the logo of Unilever is enough that tells everything about Unilever which defines the core values of the company and the symbol of Unilever “U” contains the brand from shampoo to ice-cream, a jar, tea leaf, hand and so many other day to day life things (Muralidharan and Raval., 2017). 7 P's of marketing Mix Unilever is the most famous consumer goods company of UK and the every famous company have their competitors and the Unilever is also having several competitors and one of the most famous competitor of Unilever isReckitt Benckiser. The comparison in between these companies according to the 7 P's of marketing mix are given as follows - Different Marketing MixUnileverReckitt Benckiser Unilevercategorizethe consumer goods such as Foods andbeverages,healthcare products, Home care and the water purifiers and about 400 products are currently running in the market which shows the strengthofUnileverinthe ReckittBenckiseroffersthe products and services in health, hygieneandthehomecare products.Theseveralbrands are connected with the Reckitt BenckiserareEnfamil, Strepsils,Gaviscon, Nutramigen,Dettol,Lysol, 7
Product marketandUnilever concentratesonthemost famous brands of Unilever i.e., Axe,Dove,Rexona, Hellmann's,Lipton,Surf, Magnum,Knorr,Heartbrand and Omo. These are the best andthemostprofitable products of the Unilever and the turnover of Unilever from alltheseproductsis uncountable (Stanford., 2017). The Unilever always comes up with the new and innovative technologies. Mortein,Airwick,Vanish, Calgonandseveralother productsandeachofthese brandsarehavingtheirown variantsandpackagingand combineswiththelatest knowledgeofmarketand consumersrequirementand haveaglobalresearchand developmentdepartments acrosstheworldforthe innovation of products. Price The second marketing mix of Unilever is Price and Unilever alwaysworksonthe satisfaction of customers and also believes in high quality and low price. It is necessary to the competition in FMCG marketacrosstheworld. Unileverdecidestheprice accordingtothecurrent marketpriceandthe competition with the different companies. Unilever fixed the prices of the final products and buys the products and get the profit from their margin. Thepriceisthetopmost priorityofReckittBenckiser andthisorganizationadopts the best price of the products thatissuitableforthe customers.Thereareseveral productsandbrandofthe companieswhichgenerates more than 70% of the revenue everyyearandhavingthe superior marginal plans which givesthebestresults.The another strategy for the better profit generation is to focus on developing the economies with thecustomer'ssatisfaction 8
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(Lane., 2016). Place Unileverusesthedifferent ways to sell the products that can be either tradition or the modern way. Unilever is now morefocusedonthedigital marketing platform to connect the people more because users are more comfortable in online shopping rather than doing the market or offline shopping and the most important point about Unileveristhatitdirectly strikes on the rural market to makethemawareaboutthe products and services. TheReckitt Benckiser is the globalorganizationand operationalinnearly60 countriesandsalesin200 countries.ReckittBenckiser focused on its core brands to generate the better revenue and themajorproductionof ReckittBenckiseriswith India, Germany, Italy, China, Thailand and USA. Now, the companyhasopenedanew center for Scientific Excellence in Hull, UK. Promotion Unilever is more focused on thesponsorshipsandthe creativeevents(Nirschland Steinberg., 2018). Reckitt Benckiser spends a lot ofmoneyonadvertisement particularly in the rural areas. People Covers the people of all age group form kid to old ones. ReckittBenckiseralsotarget allkindsofpeoplebut generally on the youth people. Process Havingthemanufacturing industries all over the world because it coversmajor and famous brands. ReckittBenckiserisalso havingmanufacturing industries across the world and startedanewcenterof excellence in Hull, UK. Attractive packaging and the offers to attract the customers. Attractive and unique packing style to attract the customers 9
Physical Evidence andespeciallytotheyoung people(BhattandGupta., 2018). M3 Evaluation of different tactics applied by organization to demonstrates the business objective For achieving the business objective successfully the various tactics that must be used by an organization are : by establishing vision, missions & goals, measuring the progress regularly of both management and of the organizational workforce, establishing long term strategy, getting everyone on the board of discussion, putting simple strategic document for directing the workforce towards the target objective & sticking to a result oriented management process. Thus, tactics are the guidelines or roadmap to achieve the best use of available time & resource for achieving the organizational goal effectively (Purvis., 2015). P4. Evaluation of basic marketing plan of an organization) The marketing plans and the strategies are an essential element to boost up the organization in every aspect. The evaluation of basic marketing plans of Unilever are as follows - Importance and values of marketing plans The importance of marketing plan in Unilever is to get the clear image of the company and figure out the objective, directions and the activities for the particular business. The marketing plan of Unilever is completely focussed on the customer satisfaction. Objectives and marketing plans of Unilever The main objective of the Unilever is to satisfy the customers needs. The other objectives of Unilever is - Maximum sale of products More profit Focused on the new areas especially on rural areas to make them aware about the products and services. To become the most demanding and top leader of consumer goods across the world. 10
The main goal of every company is to maximize the profit by connecting more number of customers and selling the products to the users. More profit helps in growing the company in present as well as in the future (Pike., 2016P). Unilever follows a following strategies to complete these objectives are - Study of market according to the culture, geographic, psychology and social because these are the main factors which impacts on the growth of the company. Reachtheproducttoeverycustomersbychoosingreliablemarketersand suppliers. Strong distribution channel Innovative and impressive advertisement to attract the customers. Monitoring Marketing plans Monitoring of market is important because it helps in analysing the sales ratio and the market shares that identifies the market shares of the company according to the current market competition. Monitoring of the marketing plans helps in analysing the profit and loss statement of an organization (urvis., 2015). Segmentation and selection of targeting market 11
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The market need to be researched according to the political, social, demographical and psychological factors to enter in the competitive market. The selection of market means to know the audience of that place and thinking about the products. Situational Analysis tools and techniques Any organization can be analysed by the SWOT analysis which are as follows - Strengths The main strengths of Unilever is strong brand, Brand product mix, economies of scale and strong global market presence. Weakness The biggest weakness of Unilever is imitable resources, limited business diversification and the dependencies on the suppliers. Opportunities The opportunities in front of Unilever is the business diversification, innovation of health products, business expansion and the market development in the new and especially in rural areas (Bhatt and Gupta., 2018). Threats The biggest threat for the Unilever is the tough competition with the rivals and the people are now more into the natural products, product duplication and the increase in the popularity of the other products. The marketing plan includes the workforce, direction & activities of the business, figure out the objectives of the business as well as demonstrating the essential marketing element in an organization. Selection of the targeted market & segmentation, setting goals&objectives,analysingsituationthroughtools&techniques,allocationof resources & creation of marketing strategies, monitoring & controlling measures are all comes in marketing plan. Thus, marketing plan is the outline documentation of the market strategies which covers details of market i.e. action steps, goals & costs. Perhaps, it is mostly focused for a specific period (Nirschl and Steinberg., 2018). CONCLUSION The whole report conclude the different roles and responsibilities of the organizational functionsandhowrolesandresponsibilitiesofthemarketingfunctionimpactsonthe organization and comparison of 7P's of marketing mix according to the different consumer goods 12
company i.e., Unilever and the Reckitt Benckiser is described. At last, this file summarizes about the evaluation of basic marketing planning of an organization according to their objectives, monitoring, segmentation. 13
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