The Role of Marketing in Business Organizations - Desklib
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This presentation discusses the role of marketing in business organizations, using Easy Jet as a case study. It covers topics such as SWOT analysis, STP, marketing mix, marketing strategies, implementation of the plan, and measuring effectiveness of the plan. The presentation also includes references for further reading.
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THE ROLE OF MARKETING IN BUSINESS ORGANIZATIONS
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Table of content Introduction Easy jet Formation SWOT framework STP Objectives of the marketing plan Marketing mix Marketing strategies Implementation of the plan Measuring effectiveness of the plan Conclusion References
Introduction A marketing plan is an operational statement that follows advertising tactics in which the management will execute to produce targeted marketplace. A marketing plan involves the information about outreach and PR campaigns that include how the business will measure the impact of these initiatives.
Easy jet Formation Mission statement -To be a recognized as a premium class airline to meet the travelling desires of their users. Vision statement –To develop Europe's leading value brand into a globalised force.
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Objectives of the marketing plan SpecificThe targets should be in organised manner like Easy Jet will coordinate with high class airline all over the world in coming 4 years. MeasurableTargets should be effectively measured by any stockholder. Increment of the number of services by 30% to measure their annual terms of the profit. AchievableEasy Jet should create aims that are effectively achievable at marketplace. It can be effectively achievable by maximising the marketing functions in 3 more countries in further 4 years of the time period. ReliableThe reliability support the business to create aims. Every management and sector utilise the reliable communication and marketing mediums for communication with users through which they can manage efficient relationship with their customers for longer run. Time orientedThe targets should be created for a certain time period that means like Easy Jet should create timely objectives. The sales maximise by 20% is the timely objective of the management that is accomplished in 2 years.
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Marketing strategies Promotion Strategy It concentrates on influencing consumers and aware them about their services. Value preposition Easy Jets strategy will concentrates on cost objective in which they provide no external charges to lower the price costs that can enhance productivity by increasing and promoting online bookings in respect to cut overhead price.
Implementation of the plan Create a Designated Implementation group Define Actionable Goals Create an Action-Oriented Plan
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Measuring effectiveness of the plan KPI allow the management to evaluate their own skills to set and accomplish targets. They are frequently utilise to measure consumer satisfaction, employee performance and consumer engagement section with any sort of users in the business and they managed by a KPI organisation tool.
Conclusion From the above mentioned report it has been concluded that, marketing plan for Easy Jet to manage the marketplace that is one of the most suitable section of the aviation section.
References Jaman,S.F.I.and Anshari,M.,2021.Facebookasmarketingtoolsfororganizations:Knowledge management analysis. In Research Anthology on Strategies for Using Social Media as a Service and Tool in Business (pp. 117-131). IGI Global. Lin, J., and et.al., 2021. Why do organizations leverage social media to create business value? An external factor-centric empirical investigation. Decision Support Systems, 151, p.113628. Pop, R.A., and et.al., 2021. The impact of social media influencers on travel decisions: The role of trust in consumer decision journey. Current Issues in Tourism, pp.1-21. Shanahan, D.E., Palmer, L.H. and Salas, J., 2021. Achieving scaled and sustained use of client-based projectsinbusinessschoolmarketingeducation: A proposedsuprastructure. JournalofMarketing Education, 43(1), pp.59-74.
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