Marketing Processes and Planning: Roles and Responsibilities of Marketing Function
Verified
Added on 2023/06/15
|15
|961
|480
AI Summary
This report discusses the roles and responsibilities of marketing function in Morrisons, an international retailer. It covers the interrelationship of marketing with other functional units such as human resources and sales. The report emphasizes the importance of marketing in achieving organizational goals.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Marketing Essentials
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Content Introduction Marketing Roles of marketing function Responsibilities of marketing function Interrelationship of roles and responsibilities of marketing function Conclusion References
Introduction Marketing a fundamental activity which takes place in every business and all business owners with different status and scope perform this task. Marketing is basically a phenomena undertaken businesses and organisation for promoting buying and selling actions of their products and services by simultaneously informing people and spreading awareness in public about the offerings being offered. Marketing is an essential and a basic function of a business entity that involves number of small chores and contribute in ultimate aims and goals. The respective organisation chosen for this report is MORRISONS a retailer situated in UK.
Marketing Marketingis a unique task which has several forms and flavors depending upon the audiences, media, platforms and business. It can be defined as a method through which companies and its offerings are being communicated to the ultimateaudiencesbyusingmultipleplatformsand updated methods. Marketing phenomena was traditionally used for getting in touch with customers and knowing them and in today's modern business era it is a stage presented to business owners to showcase their offerings in the best form and way they can for attracting higher number of customers and attaining organizational goals.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Roles of Marketing Function Marketresearch-MORRISONSisan internationalbrandoperatinginnumberof locationsintheworld.Thisimpliesthat company is exposed to different markets and createsaneedforthoroughevaluationof markets and then developing any marketing plans.
Continue... Listening to customers needs and integrate- Another major role that marketing department play is of acknowledging customers needs and integratingthemwiththeultimategoalof companyinaninnovativemanner.Marketing teams conduct market research for developing the best suited promotional plans for Morrisons.
Responsibilities of Marketing function Likewise the roles there are come responsibilities too which marketing units of a company and in thiscaseMorrison’smarketingteam performances. Some of them are as follows: TracktrendsandMonitorcompetition- Company's position play a major role in marketing as it is important to know where it stands in the market in order to set new standards of positioning it in a better way.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continue... CreatingandDeliveringmarketingplans-Last, factor that is vital and play a influencing role in marketing functions performance is devised plans and promotional strategies. The eventual task and responsibility of Morrison‘s marketing team is of creating a well evident and productive plan on behalf of company and for the same it undergoes all the chores and duties that are performed earlier.
Interrelationship of Roles and Responsibilities of Marketing Function A company is a cluster of number of activities and responsibilities for which multiple operational units and teams are made. These operational units are fundamental and divides the firm in smaller group with people working for a common objectives and contributing to the eventual goal of the organisation. All these functional units are combined with one another and are integrated together due to dependencies of their roles and responsibilities.
Continue... Functional units in Morrisons: Human Resource Department-The employees or workforce of a company and here of Morrisons are the humane resource. In every firm specifically in middle and larger sized organisations a HRM department is present which overlook to render the best skilled employees to company and keep it filled with good staff members. Sales or Revenue Department-The name of the department clarifies its role, the sales units is responsible for all the selling related activities that are taking place. The sales department is responsible for maximizing sales accordingly with company's aims and the ultimate goals.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue... InterrelationshipsbetweenMarketingandother functional units of Morrisons: MarketingandHumanResourceDepartment-The linkagebetweenmarketingandhumanresource departmentisbasedontheneedofemployeesand experts. Themarketingteamsor any otherteams of Morrisons are made by HRM by conducting hiring and selection processes. Thus, marketing teams experts are also recruited by the Human resource team.
Continue... MarketingandSalesorRevenue Department-Bothteamsarealignedand dependentoneachotheronthebasisof information being given to ultimate buyers and the services they are receiving. The marketing team of Morrisons make plans of promotions in whichsalesoffersandotherelementsare addressed as well for attracting people.
Conclusion The above report is holding several discussion about marketing function and practices with a conclusion that it is one of the major operations which are undertaken by companies. There are number of activities which marketing function and team conducts such as market research, developing promotional plans and many other. Marketing function not just benefits the entity but also support other functional units to operate properly. Every company has unique marketing tactics which they set according to the ultimate goals of their business.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
References Baker, M. J. and Saren, M. eds., 2016.Marketing theory: a student text. Sage. Clow, K. E. and James, K. E., 2013.Essentials of marketing research: Putting research into practice. Sage. Pappas, N., 2017. Effect of marketing activities, benefits, risks, confusion due to over-choice, price, quality and consumer trust on online tourism purchasing.Journal of Marketing Communications.23(2). pp.195-218.