Table of Content •Introduction •Main barriers to marketing planning •How organisations may overcome the barriers •Conclusion •References
Introduction In the recent scenario, marketing is considered as the mos effectiveandconstantprocessthatavailingaining awareness of organisation's products and services in the global trade. The company focuses over the smart and impressive methods or techniques of marketing in order to influencetheconsumertowardtheorganisational activities.
Main Barriers to Marketing Planning There is a large role of effective planning of marketing in the success of an organisation as it helped the firm in awarenessofproductsandservicesoftheorganisation among consumers or public. IEKA is a large organisation with more than 1,35,000 worker with approx 392 stores in 48 nations worldwide. Economical Demographical Technological
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Continue.. Demographical:Thisincludesthechangesin culture, system, style of working and living of people. This can restrain growth if company would beunabletoaltertheirproductsandservices according demographic factors.
Continue.. Economical:This play a very important role in trends and condition of market as well as fluctuation of economy and financial assets. Company require to manage proper pricing, taxation and other policies for avoiding the obstruction in fluctuation of operation.
Continue.. Technological:The innovative and creative idea affect the growth or success of a plan which makes the entire plan of marketingmoreeffectiveorineffective.Creativityin technologiesandstructureisrequiredfordevelopment according time. In case, company won't be able to change theirtechnologies,itwillincreasethechancesof transformation of potentiality of clients toward other more advanced companies. Thus, it can be a huge barrier in success.
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How organisations may overcome the barriers There are always some main huddles that impact directly ontheoperationsandproductivityoffirmaswellas performance of worker. This is require for an organisation toevaluatethosefactorsthroughthehelpofsmart techniques. Adopting new techniques and methods for advanced working system. Propermanagementofadvertisingandpromotional activities of firm. Proper budgeting plans to mange income and outcome.
References Baker, M. J. and Saren, M. eds., 2016. Marketing theory: a student text. Sage Hollensen,S.,2015.Marketingmanagement:A relationship approach. Pearson Education. Hung, S. Y., Chang, C. M. and Kuo, S. R., 2013. User acceptanceofmobilee-governmentservices:An empiricalstudy.GovernmentInformationQuarterly. 30(1). pp.33-44.