Unit 2 Marketing Process & Planning - Higher National Diploma in Business Management
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This article discusses the marketing process and planning for the Higher National Diploma in Business Management. It covers the marketing concept, functions, mix, planning and evaluation with examples from Unilever. It also provides a marketing plan for a new product line launch with SWOT, Pestle and 5C analysis.
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Higher National Diploma in Business Management Unit 2 Marketing Process & Planning The Marketing Concept, Functions and Mix (Part 1) Marketing Planning (Part 2) Name: ID: 1
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Table of Content Part 1: Briefing Paper Contents 1.0 Introduction.................................................................................................................................3 2.0 An explanation of the concept/definition of marketing in the 21st century..................................3 3.0 Description of the role of marketing function with examples from the chosen organisation.......4 4.0 An analysis of how the marketing function works and interacts with other departments.............4 5.0 An explanation of the extended marketing mix and examples from selected supermarket..........5 2.0An evaluation of how the marketing mix adopted by the selected business (or business unit) contributes to the success of the organisation in meeting their overall business objectives...............6 3.0Recommendations..................................................................................................................7 9.0 Conclusions.................................................................................................................................7 References............................................................................................................................................8 2
1.0 Introduction Marketing plays a crucial role in making a product as well as a brand succeed, from the past few years’ industries have experienced gradual shift from the traditional marketing methods towards digital marketing. As the world has adopted the digital marketing approach which makes sense in the present environment, as all the industries have created their online presence which helped them in connecting with potential customers. Different models of marketing is applied by business on the basis of their objectives and resources, altogether marketing is the primary essence which helps in achieving the objectives of an organisation through effective platforms (Indirapriyadharshini and Thilagavathi, 2018). This report aims to present the marketing strategy and the planning that goes behind the formation of the strategies, analysis of Unilever's market strategy has been initiated, on how the brand is able to develop competent strategies which helps the brand in promoting its products in the preferred way which is socially, economically, politically acceptable. The research that goes behind in penetrating the market place requires a lot of efforts as the market competitors of the brands are equally competent for which the marketing team of the organisation needs to think creatively to scale their products in an effective manner which helps in diverting the competitor’s customers as well. 2.0 An explanation of the concept/definition of marketing in the 21st century The marketing practises in the 21stcentury focuses on adding value to the customers associated with the business. Marketing is one of the crucial steps which determines the success of the brand, well in 21stcentury industries have switched from the traditional rigid marketing practises to digital marketing which is performed through different methods, including social media marketing, email marketing, content marketing, etc. Social media have massive influence in today's world, on a daily basis customer uses online platforms for several reasons this helps Unilever in reaching masses in lesser time and create a massive impact by portraying the value to the customers. Through social media the company can portray itself the way it wants, which will always be beneficial for industries. 3
The modern marketing tactics are beneficial in all the possible ways it has reduced the investment that was being done on the traditional marketing methods, the reach of the modern marketing is far more beyond than the traditional methods. 21stcentury marketing has provided benefits to many that was beyond imagination and have served the goal for Unilever as well. 3.0 Description of the role of marketing function with examples from the chosen organisation Unilever has stated that they use social media for showing the benefits of their products to the customers. Sustainability is the ultimate goal of the brand which can been seen in the brand advertisements, the campaign run for dove soaps, which aim was to make people feel comfortable about their own skin and not promoting racism. The detergents advertisements portraying that kids getting dirty is normal and a part in their growth years. Through all the social media platforms the brand is constantly trying to create and sustain the market presence of the brand (Nadeemet.al, 2019). Unilever follows the ICC code in each and every advertisements as this code of conduct verifies that the content is legal, safe, and presentable. The marketing team is responsible for handling and managing the market presence of the brand, for which the it should be very clear to the team that what they do, how they do and what values they carry and in what way they are willing to present it. Conducting campaigns gives the overall perspective on the topic, which the team needs to work on which ultimately helps the management team in understanding the core concern which helps in decision formation. Customer service is also a major factor as it helps in understanding the needs along with the ways in which the people need it to be resolved. 4.0Ananalysisofhowthemarketingfunctionworksand interacts with other departments Marketing is a multidimensional department which deals with many aspects at a time as the marketing of the company is affected by internal along with external factors which makes it complex at times(Stone,,et.al 2021). Marketing is responsible for the success, not only for 4
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the product but also for the company, if the goods and services will not be marketed well, it will not be able to derive the new customers which will not be beneficial for the brand in any ways.Marketingistheonlywaythroughwhichthebrandimagecouldbecreated, transformed or sustained. Sales:Marketing and sales works parallels, as marketing focuses on attracting the customers to the business and sales teams focuses on sealing the product to the customers and increase the customer base. As the sales department is not only connected with the marketing but also with the finance, production, supply chain etc., as all the major processes will be depending on these factors itself. Finance:Marketing requires funds and if the company doesn't have adequate fiancé the desired results will be tough to achieve (Singh, and Abidi, 2021). It is the finance department which let the marketing team function effectively and achieve the desired results. Marketing teams are accountable to the finance department as they need to explain their expenditures to them. Production: Marketing and production department requires effective communication among themselves, if these departments do not experience a cordial relation could lead to many serious problems. As when the customers are attracted and the sales are made it is production team which is required to meet the requirements of the brand, which cannot be procrastinated or ignored as it will impact the market presence of Unilever. SupplyChain: There should be regular communication between the marketing and supply chain department as they are required to know the amount of sales made or about to be made which provides them an idea, which helps them in providing the good and services to the customers within the expected time. 5.0 An explanation of the extended marketing mix and examples from selected supermarket The company uses the 4Ps marketing strategy to market its product to the targeted audience. The 4ps revolve around the price, place, product and promotion of it. As Unilever is a global brand formed with 400 different brands, which makes the place and product factor crucial as 5
the company has released products on the basis of the demographics of the nation. The product in the marketing mix deal with 4 different categories which includes; food, home care, refreshments, and persona; care products. For the distribution of the product in different geographical areas the company uses retailers and local and major stores, for promotion the brand is sticking with the digital marketing tactics (Rwehumbiza,and Marinov2021). Unilever uses different pricing strategies which is market oriented. Adaption of updated technologies have reduced the hassle in the supermarkets, as Unilever products are available worldwide through different kinds and sizes of stores. Supermarkets specifically presents Unilever products in a way which is attractive to the customers on the basis of colours and other factors. 2.0An evaluation of how the marketing mix adopted by the selected business (or business unit) contributes to the success oftheorganisationinmeetingtheiroverallbusiness objectives Unilever has adopted the 4Ps market mix which has helped the brand in expanding its geographical horizons along with its product range. As through the marketing mix the brand has been able to target the appropriate audience which has the purchasing capacity along with the people who supports the motive of the company.As the competitors of Unilever in the FMCG sector are as big as Unilever which creates n number of issues for the brand. The marketing mix strategy helps the brand to stand out, and the value and the cause behind the products that the company is delivering. Unilever with its unique marketing strategy is successfully attracting the new customers along with sustaining the old ones. The promotions of the company generally relies upon the advertising through social media and physical advertising, followed by sales promotions, public interaction, personal approaching,anddirectmarketing.Majorlypromotionsofthecompanyaredoneby advertising through TV, social media, physical banners etc. At times the brand uses sales by providing offers and discounts to the customers (Twum,and Yalley,2021). For determining the prices of the commodities the company uses competitive pricing methods, which takes the market factors in account before determining the prices. 6
3.0Recommendations Unilever works in the FMCG sector, working globally as people from different geographical regions have different choices and preferences in food and other commodities. For which Unilever need to invest a lot in the R&D which is responsible for creating products that the people would like consuming. This is not as easy as it may sound, for the attainment of the goal the team needs to make constant efforts to achieve the objective. The company is facing many difficulties I keeping its promises and sustaining the prises of the commodities after the resignation of the CEO of the company, as they have missed many deadlines. 9.0 Conclusions This section aimed to provide the overview of the marketing strategy that is being used in the 21stcentury along with explaining the concepts on which the marketing tactics are based followed by the marketing strategy being used by Unilever and the advantages and disadvantages associated with it and their respective solution. An evaluation of the marketing mix adopted by the Unilever and how it has been contributing in the success of the company. Analysis of how the various departments of Unilever are connected with marketing and how they affect the functioning of the respective department has been clarified. Unilever's marketing mix has been capable of meeting the objectives which defines the success of respective products. The formation of companies requires intense research along with coordination while combining effective techniques for analysing the facts and effective imprecation afterwards. The decisions on which the company formulates the strategies should be well thought out. 7
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References Indirapriyadharshini, B. and Thilagavathi, M., 2018. Women Consumer Satisfaction of Sunsilk Shampoo. Journal of Commerce and Management Thought, 9(2), pp.311- 318. Nadeem, A.,et.al, 2019. Influencer marketing for LUX. Singh, S. and Abidi, N., 2021. Opportunities and challenges of sustainable marketing practices in emerging markets. Doing Business in Emerging Markets, pp.136-152. Rwehumbiza, D.A. and Marinov, M.A., 2021. Firm Business Models, Internationalisation, andMarketing:TheRoleofContext.InBusinessModelsandFirm Internationalisation (pp. 152-171). Routledge. Twum, K.K. and Yalley, A.A., 2021. Green Integrated Marketing Communication. In Green Marketing in Emerging Markets (pp. 117-144). Palgrave Macmillan, Cham. Stone, M.,et.al 2021. Interactive marketing, customer information and marketing research. In The Routledge Companion to Marketing Research (pp. 38-54). Routledge. 8
Table of Content Part 2: Marketing Plan Contents 1.0 Introduction.................................................................................................................................3 2.0 An explanation of the concept/definition of marketing in the 21st century..................................3 3.0 Description of the role of marketing function with examples from the chosen organisation.......4 4.0 An analysis of how the marketing function works and interacts with other departments.............4 5.0 An explanation of the extended marketing mix and examples from selected supermarket..........5 2.0An evaluation of how the marketing mix adopted by the selected business (or business unit) contributes to the success of the organisation in meeting their overall business objectives...............6 3.0Recommendations..................................................................................................................7 9.0 Conclusions.................................................................................................................................7 References............................................................................................................................................8 1.0How the strategic marketing plan links with the overall organizational mission, corporate strategy and objectives.....................................................................................................10 2.0Clear and SMART marketing objectives.............................................................................11 3.0Marketing research to support the new product line launch.............................................12 4.0 A situational analysis...................................................................................................................12 4.1 Marketing audit, making use of appropriate analytical tools including SWOT, Pestle and 5C analysis............................................................................................................................................12 4.2 A competitor analysis including the market segments...............................................................15 4.3 Sub-segments.............................................................................................................................16 4.4 Articulation of the new product value-proposition in the eyes of the customer.........................16 4.5 Development of the marketing strategies applied to the extended marketing mixThe extended market mix is composed of 7 marketing factors which catalyses the process of achieving the predetermined objective. The 7P's that formulates the extended the marketing mix includes;.........17 4.6 Setting of an overall marketing budget, including allocation of planned spend.........................17 4.7 Tactical actions..........................................................................................................................18 4.8 Identifying appropriate control and monitoring measures to ensure achievement of objectives including metrics to measure success such as Return on Marketing Investment (ROMI) and Customer Lifetime Value (CLV).....................................................................................................19 5.0 A comprehensive media plan that supports the planned marketing campaign......................19 9
5.1 A media budget..........................................................................................................................19 5.2 Recommendations and rationale for selected and integrated multi-media activities within the set budget that meet the marketing objectives.......................................................................................19 5.3 Appropriate digital, offline and social media channels for communication...............................20 5.6 Full justification for a multi-media plan based on quantitative and qualitative criteria..............20 References..........................................................................................................................................20 1.0How the strategic marketing plan links with the overall organizational mission, corporate strategy and objectives Unilever is considered as one of the most successful brands in the world, which has successfully launched and scaled its products in markets across the globe. The mission and objectives of the brand leans towards sustainability and abolishing racial elements from the society, for which the company is using its marketing campaigns to convey its message to the 10
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customers. The mission of the company is shown in all the actions taken by the company, because of which the mission and objectives are the base of Unilever's marketing strategies. The mission of the organization is to make sustainability a common practice and to build common sustainable living space which doesn't involves exploitation of any(Murphy and Murphy., 2018).The company aims to reduce its water consumption in the manufacturing processes as it has been a major reason of exploitation, which is visible in the marketing campaigns of Unilever, as one of its detergents ads emphasized on using one bucket of water for washing the clothes instead of three which will gradually contribute in the effective utilization of resources. 2.0Clear and SMART marketing objectives The marketing objectives adopted by Unilever needs to be specific, measurable, actionable, relevant and time – bound. Marketing strategies of Unilever should be formulated while considering the marketing objectives, as it brings transparency among the management and the teams related with the marketing campaigns. The characteristics for the marketing strategies needs to be: Specific– The marketing campaigns needs to be specific as they need to resolve the issue that the product is solving, along with the examples that are used needs to base on the real – world, with which the people can relate, and finds a reason to purchase the product. Measurable– The performance of the marketing campaigns needs to be measurable as it helpsinanalyzingtheimpactthemarketingcampaignhasmadewhichhelpsin understanding the areas of improvement and the unnecessary elements as well. This helps Unilever in maintaining the cost that will be invested in the Champaign. Actionable– The campaigns need to play a major role in improving the performance of the of the products along with the employees associated with the product then the campaign will be considered as effective one. Relevant– The campaigns need to be relevant with the message that the company is trying to portray, as they only the marketing will be effective and will bring favorable results for the organization. 11
Time bound– The marketing needs to be associated with a time period as running advertisements requires investment and if there is no time limit determined for the campaigns will only increase the cost drastically. 3.0Marketing research to support the new product line launch The research performed before the launch of new products helps in identifying the problem that the product aims to solve along with the types of individuals that the company needs to target which will be the potential customers for the organization. This helps the company in estimating the cost that will be incurred while the launch of the product line and what impact is it going to make along with the scope(Narayanan and Das 2021).Marketing research identifies the business that the product is going to do which eases out the process of decision making. The production of the products is an expansive process and if the market research is not done can lead to many uncertainties, which could lead to the failure of the product line. Its always insisted to do a thorough research before stepping into the execution stage, as it provides a broad perspective about the business that the products are going to do. 4.0 A situational analysis Situational Analysis refers to the analysis of the company’s competitors along with the analysis of the market place. It helps in identifying the target audience along with the target market in which the company needs to launch its products. It helps in understating the motive of the competitor companies and ways by which Unilever can supersede them, it is an effective analysis framework which helps in identifying the micro as well as macro factors which affects the business in any conditions. On basis of the strengths and weaknesses competitors are identified, along with situational analysis helps the organization to discover the opportunities and strengths of the company by which they can improve their performance by effectivelyworkingonthem(Humphries-Kil,2019).Followedbythethreatsand weaknesses which helps the company to shadow by which the rival companies can't take any advantage from it. 12
4.1 Marketing audit, making use of appropriate analytical tools including SWOT, Pestle and 5C analysis The marketing audit of Unilever's will be carried out on the basis of the analysis frameworks including; SWOT. Pestle and 5C. SWOT Analysis: StrengthsOpportunities Beingaglobalbrandhelpsthe company in creating a better presence among the customers as the company hasbeensuccessfullyexecutingin 190 global markets which build trust among the customers. Unilever offers a wide and diverse productportfoliowhichhave solutions for the issues faced by the customers. . The demand for Unilever supplies is ever increasing as many nations have beendoingwellwhichhashelped their economies to grow and develop the products which are needed by the organisations. Many people are influenced by social media which helps Unilever in many ways,asmarketingonthesocial media platforms is more convenient asithelpstoreachpotential customers in lesser time. WeaknessesThreats Themarketingtechniquesofthe brandareimitableandsoarethe products, as the other companies can providethesameproductatmuch cheaper rates which can disturb the market of the brand. The business model of the company is solely dependent on its retails which provides them a low switching cost, this can lead to many hindrances in the process of the company. The retailers are coming up with their own private labels and as it is known that the business model of Unilever is dependentontheretailerswhich creates a bigger threat. There are many big brand who also work in the FMCG sector which are quite established and have competent marketing and R&D team which is a big threat for the company. 13
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Pestle Analysis: Marketing strategies of Unilever is can be affected by extrinsic factors which can prevent the company from attaining the goals that they wish to achieve. On a broader bases the factors which affects the marketing strategies of the company includes; Political Factors:The marketing strategies should be formulated in a way which are legally approve and do not prove any masses, as this can cause serious consequences for the company which could stop the functioning in the respective nation. Unilever need to carry out its processes on the basis of the code of conduct drafted by the respective nations they are working in. Economic Factors:The release of products is done on the basis of the purchasing capacities of the individuals in the nation, on this basis products are launched in different economies which have different area to target, which certainly varies on many factors, out of which purchasing capacity is one. Social Factors:The products created by the company should be culturally and social accepted, as the belief of many will not accept the use of certain product. The marketing team of Unilever takes this into account and market product which represented the link between the belief system of individual. Technological Factors:Technology has made it possible for Unilever and many more companies to reach their customers without much hassle, finding potential customers have become more feasible as most of them uses social media. Which helps the brands and the customers connect? Legal Factors:Its necessary for Unilever to stick with the code of conduct of the countries, which helps the team to not take any actions that will be considered illegal and harm the company in any ways. Environmental Factors:The mission of the company is to develop a sustainable living space. Unilever has been trying to formulate such methods by which the company will be able to reduce its carbon footprints along with reducing the usage of 14
water. Unilever through its marketing strategies have been able to market its policies to develop the image of a sustainable brand. 5C Analysis: It is a marketing analysis framework which helps in analyzing the factors under which the company works, the five C's of the analysis includes; Company: The company has excessively invested in the R&D department which has helped in innovating products which directly or indirectly helps in resolving the issues faced by the customers. Collaborators: To figure out the collaboration scope, Unilever needs to carry out value chain analysis, which helps to identify the bargaining strength of the collaborators. Customers: The customer analysis revolves around the market segment, the frequency by which the product are being purchased, customer’s loyalty towards the brand followed by the requirements of the customers. Competitors: The competitors of the brand are analyzed on the basis of the bargaining power of the buyers and suppliers along with the threats of substitutes and new entrants in the market along with the competitive rivalry. Context: Its necessary for Unilever to understand the macro factors which affects the functioning of the brand which includes; political, economic, social, technological, legal and environmental factors. 4.2 A competitor analysis including the market segments Competitive analysis is one of the most crucial element of any marketing plan which helps the brand to create a unique presence of the product in the market which ultimately helps the product to scale and perform to the expected level. Competitive analysis includes business dimensions, technical dimensions, market dimensions, each segment has a specific area to focus on along with various responsibilities to fulfill (Rifkhan,2021.) Business dimensions’ focuses on the competitive pricing trends and the market price of the commodities along with the packaging that will be followed, the strategies that the company needs to stick with and the infrastructure that they need to follow. Technical Dimensions focuses on the required 15
infrastructure and adaption of software’s and techniques that will be helpful in the execution of the company processes. 4.3 Sub-segments The sub-segments of critical analysis include technical, business and market dimensions whose area of function is listed below: Technical dimensions Focuses on the adaptation of updated software's required to make processes more efficient training the workforce, so that they can use the software's and updated techniques Business Dimension Looks after the pricing factors Takes care of the packaging standards Supply chain and the production of products Market Dimension Analysis of market Competitors Creation of effective strategies. 4.4 Articulation of the new product value-proposition in the eyes of the customer Unilever needs to focus on presenting the issues that the product is targeting and how effectively it resolves them along with the benefits that will be enjoyed by the customers on the use of this product, and the standards they can expect from the company. Unilever should clearly present that why should the customers’ needs to choose Unilever instead of its competitors the reasons should be valid enough. 16
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4.5 Development of the marketing strategies applied to the extended marketing mix The extended market mix is composed of 7 marketing factors which catalyses the process of achieving the predetermined objective. The 7P's that formulates the extended the marketing mix includes; People: The people of Unilever are the ones who will be carrying out the vision and the mission of the company,because of which itsbecomesimportantfor the organization to adapt a culture which promotes them in doing so. Product:The product is of vital importance as the whole marketing process is dependent on it, the values that the product hold needs to be well pictured in the eyes of the customers. Price:Unilever practices competitive pricing policy which helps its to sustain its market place. Place: This element focuses on the physical distribution sectors of Unilever, which keeps the market and the physical locations connected. As the location factors determines the sales and profit ratios. Promotion: It comprises all the possible ways by which the brand can reach its potential customers and sell their products. Process:This element refers to the process that the company goes through to achieve the deliverable of the marketing campaign. Physical Evidence: The physical presence of the business is the last element of marketing, as the customer will purchase the product if he/she is created well, which accounts that the work culture of the organization as it plays dominant part. 4.6 Setting of an overall marketing budget, including allocation of planned spend An effective marketing can be set in 4 subsequent steps which includes; Step 1: Defining and determining the goals The initial step of any project is the identification of the objective, as without it any other step cannot be put together. Unilever determines its short and long term objectives which helps the team to set an approximation of investment that needs to be done to achieve the objective 17
Step 2: Determining the target customers Understanding the needs of the people which the company wants to target is crucial, as the whole population can't be the target of the business. Through survey and with the help of the demographics the targeted audience can be determined, which reduces the horizons and excess cost. Step 3: Evaluation of market rivalry Unilever have many rivals which are equally competent and established a Unilever is, as they have the required resources, for which Unilever need to build trust and develop loyalty among the customers for the brand which can be effectively done by Unilever(Murphy, and Laczniak, 2021). Step 4: Choosing the marketing platforms There exist hundreds of social media platforms, and it’s not feasible for the brand to have a presence at all of them for which Unilever needs to decide the platforms on which they want to market their products. 4.7 Tactical actions Unilever's marketing team implies the required tactical actions which are necessary for the effective promotion of the brand and its subsequent products, which the company do by posting content regularly on their social media platforms which includes, blog content, article, annual reports for the customers, daily, weekly or monthly post and stories along with reels, you tube is also a dominant platform with genuine customers(Strickland, 2021). Along with these several tactical actions are being carried out by the brand to promote their products in the way which can't be defeated. 18
4.8 Identifying appropriate control and monitoring measures toensure achievement of objectives including metrics to measure success such as Return on Marketing Investment (ROMI) and Customer Lifetime Value (CLV) ROMI is the sub division of ROI which determines the return generated from the investment made. The way by which Unilever can control and measure its marketing ROI through various formulation which are listed as follows; (Growth driven by sales – sales generated organically – marketing investment) = ROMI CLV determines the revenue that will be generated while holding a customer for the expected time period. The way by which it can be measured is as follows: (Value of customer * Average of customer’s lifespan) = CLV 5.0 A comprehensive media plan that supports the planned marketing campaign 5.1 A media budget Unilever's media budget from the preceding years has been showcased as follows; Year20142015201620172018201920202021 Investment in million euros 71668003773175667150727270916837 This is the pattern that Unilever has been following from the year 2014- 2021 which shows that marketing is the most focused aspect of the company. 5.2 Recommendations and rationale for selected and integrated multi-media activities within the set budget that meet the marketing objectives With the help of CLV and ROMI Unilever has been able to make adequate investments in the promotions of its products and subsequent brands while following the structure formulated by the company for its marketing processes, and has been doing relatively well. From the preceding years the company has been making promises for achieving sustainability, some of the promises have been achieved but many have been due since along. For which the 19
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company needs to put more focus, otherwise it will portray a bad image on the customers of the company(Yadav, and Veettil, 2021). 5.3 Appropriate digital, offline and social media channels for communication For offline promotions the company have been using TV ads since so long, which brought relative good ROI to the company, for the online promotion the company is present on various social media platforms are serving the goals for the company more effectively then they have ever been done. 5.6 Full justification for a multi-media plan based on quantitative and qualitative criteria The multimedia plan for Unilever is formulated in 4 steps which ensures that the objectives of the campaign are fulfilled while keeping the vision and mission of the company in mind. Through market research is done to analyses the external factors which helps in gathering information which includes the target audience etc(Kelly, 2020).Unilever to derive the return on its investment uses different methods which helps in measuring the actions along with controlling the marketing process. References Humphries-Kil, M., 2019. Unilever and Leadership: Gender, Race, and Classification in Corporate Globalisation. In SAGE Business Cases. SAGE Publications: SAGE Business Cases Originals. Kelly, O., 2020. The empowerment paradox: exploring the implications of neoliberalized feminism for sustainable development. Sociology of Development, 6(3), pp.296-317. Murphy, P.E. and Laczniak, G.R., 2021. Marketing ethics and corporate social responsibility for a broader societal perspective. In Business Transformation for a Sustainable Future (pp. 183-193). Routledge. Murphy, P.E. and Murphy, C.E., 2018. Sustainable living: unilever. In Progressive Business Models (pp. 263-286). Palgrave Macmillan, Cham. Narayanan, S. and Das, J.R., 2021. Can the marketing innovation of purpose branding make brands meaningful and relevant?. International Journal of Innovation Science. Rifkhan,R.,2021.VISUALMERCHANDISING,PRICEPREMIUMAND ETHNOCENTRISM MARKETING STRETEGIES ADOPTING BY VARIOUS INDUSTRIES FOR SRI LANKA CONTEX AND GLOBAL CONTEX. PRICE 20
PREMIUM AND ETHNOCENTRISM MARKETING STRETEGIES ADOPTING BYVARIOUSINDUSTRIESFORSRILANKACONTEXANDGLOBAL CONTEX (November 4, 2021). Strickland, J., 2021. A cinematic soap opera: The development of cinematography as an advertising and promotional tool in Lever Brothers Limited. Business History, pp.1- 21. Yadav, N. and Veettil, N.M.K., 2021. Developing a comprehensive business case for sustainability: an inductive study. International Journal of Organizational Analysis. 21