Roles & Responsibilities of Marketing, Marketing Mix Comparison & Plan for TESCO
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This report discusses the roles and responsibilities of marketing, marketing mix comparison of Uber Eats and Just Eats, and a marketing plan for TESCO. It also covers the relationship of marketing with other departments.
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Unit 2 Assessment 1
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Table of Contents INTRODUCTION.....................................................................................................................3 Roles & Responsibilities of Marketing with other Departments...........................................4 Differentiation of Marketing Mix of Uber Eats & Just Eats..................................................6 Marketing Plan For TESCO...................................................................................................7 CONCLUSION.........................................................................................................................9 REFERENCES.........................................................................................................................10 2
INTRODUCTION Marketing is based on the process in which used by enterprise to promote either selling or buying a specific products. The purpose of marketing is to establish a strong interactionwithcustomers.Thefundamentalconceptofmarketingincludesselling, advertising and delivering items to the potential clients. The report will describe the key roles and responsibilities of marketing function. It will focus on the fundamental concept of marketing and relate to the finance, operations management, production and human resources. Furthermore, the documentation will discuss comparison between different enterprises and then applied a marketing mix to planning process. This will help to achieve desirable goals and objectives of enterprise. At last, it will produce a specific marketing plan for enterprise. Roles and responsibilities of marketing function Marketing function is based on the specialised activity performed by manager within organisation (Janani and Wiles, 2022). The significant role of marketing function is an essential to take goods from different place and handle business operational activities. Here areidentifiedthedifferentrolesandresponsibilitiesofmarketingfunctionwithin organisation. Responsibilities Determine the customer’s needs- It is main function of marketing team to identify specific demand of potential client. For example- A leader can be established a good coordination with consumers and understand their specific needs, attitude, behaviour. Therefore, Marketing team provide the best options for their consumers and fulfil all essential requirements. Track and monitor trends, competition- It is another important responsibility of marketing team to perform research and identify level of competition. This is important to manage and control high competition, maintain stable position of enterprise in marketplace. Making high profit rate- Marketing manager is handling the new and innovation in order to target large number of consumers. In some cases, it should be considered the 3
concept of value added packages and fulfil all essential need or requirement for client. In this way, it may increases sales and production in marketplace. Roles 1.Conducting campaign management- Marketing manager is actively identifies the specific products as well as services. In order to focus on the sales cycle, and then produce best quality of raw materials, communications (Rincon and Puente, 2022). For example- In M&S, Marketing manager will create materials that help to promote core items and services. It should be kept up-to-date as resolve queries of individuals. 2.Creating internal communications- Marketing manager needs to be established a strong internal communication within organisation. In this way, it has become easier to build a connection with team members. The responsibility of manager is to create a good coordination with team members. 3.Conduct research and development- the main reason for conducting R&D that helps to define a specific target markets, opportunities. This kind of marketing function plays an important role to increase value of business across global world. Roles & Responsibilities of Marketing with other Departments Marketing is function of the company which is associated with various other functions of the company. As the functions of the organization work together they are working effectively for the development of the company. Relationship of marketing with finance Marketing department get their budget of the expenditure from the finance department which will ensure that they will not spend more than the budget of the company. Also, the finance department will get the information regarding the customer preferences from the marketing department. This will allow them while allocating the funds to different functions of the company. Their relation will ensure that the company is generating more profit as they will help each other in budget portion as well as information of the customers of the company (Rangaswamy, and et.al., 2020). Relationship of marketing with production 4
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The relationship of marketing and the production department is very important for the business. It is because production department focus on manufacturing the products with various innovations. While the work of marketing department is to promote the product and generate the needs for those products. Also the marketing department helps them for determining the demand of the consumer either in quality as well as quantity. The production department do their best for fulfilling the needs of the customer disclosed by the marketing department (Thabit, and Raewf, 2018). Relationship of marketing with operations management This relationship ensures that the consumer get their demand fulfilled on time. As the marketing department ensures that the operations department know every strategy of the marketing which make the product distribution such that every target market is covered. The operations department ensures that they do everything which is disclosed by the marketing department to them. The operation department will ensure that the product reaches to every target market on a particular time. This will make sure that the customers are satisfied with the availability of the product as well as get their demand fulfilled within a timeline (Bolton, 2020). Relationship of marketing with legal This relationship is crucial for an organization as it ensures that the company is able to fulfil the requirement of legal aspects. In this relationship the marketing department will communicate the strategies formed to the legal department. It is because the legal department can analyse that the company is fulfilling every criterion of the legal aspects. It protects the company from any legal suit as they ensure that the company is abiding with every rule (Mintz, and et.al., 2021). Relationship of marketing with human resource management Thisis importantfor an organizationthat theirhuman resource departmentis coordinating with the marketing department. The marketing department will ensure that they communicate with the human resource department about the skills they need in the marketing person of the company. Whereas the human resource department will ensure that the company is getting highly skilled employees who will contribute to the growth of the company. Also the marketing department will be promoting the companies vacancies when the human resource will communicate with them regarding the employees they need in the organisation in a limited period of time (Khanta, and Srinuan, 2019). 5
Differentiation of Marketing Mix of Uber Eats & Just Eats FactorsUber EatsJust Eat ProductThey are providing the service of delivering food picked from the restaurant.Therestaurantare those which are famous in the citytheyareprovidingtheir services. They have wide range of products such as vegetables, meat, etc. They also do the delivery of various other productstothecustomersfor meeting their needs. PlaceUber eats is present in various countries.Theyaremostly connectedthroughnetworks throughonlineplatform.This helps them to reach wide range of people who are interested in their services (Mallik, and Farhan, 2018). Just Eat is also present in various countries. They are connected with thetechnologiesinvarious countries. They are also planning to enterintovariousnewcountries where they have not established their company. PriceTheir price strategy is affordable and adapts competitive pricing. The competitive pricing strategy ensures that the company gets more and more customers who willremainloyaltothe company. Just Eatpricestrategiesishigher than its competitors. It is because the quality of product they are offering is better in the quality. The quality is the main advantage for the company which attract various new customers. PromotionUbereatspromotesitsbrands with the help of websites and application. This ensures that the company's user who are using the application of uber will want to use the new services which they are providing. Just eat takes help of various social media platforms and influencers to promoteitsproducts.Thishelps them to increase their reach of the products to various new customers. This also ensure that they will get those customers who are not aware 6
will also get the idea of the products. Physical Evidence Application & website with their offices.Thisensuresthatthe customerscanrecognizetheir products from anywhere. Thepackagingcolouraswell offices. Also, their application and website. This makes sure that the customers can easily recognize their productswherevertheyare purchasing. ProcessThe order is made through the application and reach to server then the restaurants. This make sure that the product is delivered correctly and fast. This make the company image in the view of customer's. Here also the order is made through the application then with the help of technology they get the data. This helps them to maintain the data for a longerperiodoftimeaswellas completethedeliveryasfastas possible. PeopleTheyareemployingtheir workforceineveryethnicity. This ensures that the employees arerespectingthecultureof different people. Also, it brings various innovative ideas to the company which was not existing previously(Thabit,andRaewf, 2018). They are employing the workforce from scatter areas. This ensures that the work environment have various peopleofdifferentethnicity.This helps the employees to work easily and respect the culture of the other person.Also,itbringsvarious innovativeideastothecompany which was not existing previously (Lim, 2021). Marketing Plan For TESCO The marketing plan of the company helps them to cater to the needs of the customer's as well as deliver what image they want of themselves. Mission 7
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The mission of TESCO is to have wide scope of expansion which will be done with the help of marketing dependent on the various platforms. Vision TESCO vision is they want to be one of those business which is valued by their customers. This also include their shareholder as well as their employees. STP The STP marketing helps the company to reach its goals and provide their products to various people. This marketing strategy ensures that the needs of the customer's is fulfilled. Segmentation– Segment for the TESCO will be catering to the needs of the every age group. Those people whose income is either low of middle can afford their products. The personality should be easygoing as well as have positive attitude. Targeting– The target market for TESCO is those who are cost-conscious as well as needs quality products. Positioning– The positioning of TESCO consist of various strategies such as experiential & multi segment. This will ensure that the consumer know what type of product TESCO deals with. Marketing Mix Product- Tesco provide various category of products with a big amount of variety whether it's branded or local. Some of their product category list are mentioned below: ◦Accessories & Apparels ◦Automation & Games ◦Well Being & beauty related ◦House Electronics ◦Amusement & Study related, etc. Place- They have 2 way of distributing the product to various country's which is Offline & Online. It has around 7000 Outlets all over the world. Also, having various size of outlets whether it is small or big and on this basis they have different brands. 8
Promotion– They are doing the promotion on the social media which attract various customer. For which they need various connections and tools which help them to promote their brand on the social media. Price- They try to provide the product at as low price as possible without even compromising the quality. For achieving this they contact various distributors who are ready to sell at the reasonable prices. Budget Maintaining the platforms£5000 Partnership with influencer£4000 Social media promotions£5000 Technologies£7000 Total£21000 Monitoring & Controlling The company monitor and control its marketing activities by setting some criteria for every work which will be done regarding the strategy. It will ensure that the employees know the quality of work they have to provide to their company. They will also monitor the activities which is being done on the various social media platforms. This will ensure that the company will get good results of the campaign which they have run for their social media platform. CONCLUSION In above discussion, it has been summarized the concept of marketing. It can be identified the roles and responsibilities of marketing function, relates to the concept of marketing in terms of finance, operations management, production and human resources. 9
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REFERENCES Books and Journals Bolton, R.N., 2020. The long view on the responsibilities of business and marketers.Journal of Macromarketing.40(3). pp.332-335. Janani, S., Christopher, R.M., Nikolov, A.N. and Wiles, M.A., 2022. Marketing experience of CEOs and corporate social performance.Journal of the Academy of Marketing Science, pp.1-22. Khanta, F. and Srinuan, A.P.D.C., 2019. The relationships between marketing mix, brand equity, lifestyle and attitude on a consumer’s private product brand purchasing decision.African Journal of Hospitality, Tourism and Leisure.8(5). pp.1-14. Lim, W.M., 2021. A marketing mix typology for integrated care: the 10 Ps.Journal of Strategic Marketing.29(5). pp.453-469. Mallik,A.andFarhan,S.N.,2018.CustomerCentricApproachUsing7psofMarketingMix. International Journal of Innovative Knowledge Concepts.6(11). pp.136-149. Mintz, O. and et.al., 2021. The right metrics for marketing-mix decisions.International Journal of Research in Marketing.38(1). pp.32-49. Rangaswamy, A. and et.al., 2020. The role of marketing in digital business platforms. Journal of Interactive Marketing.51.pp.72-90. Rincon, M.L.C., Diaz, M.L.A. and Puente, R.C., 2022. Is entrepreneurship enough to achieve superior performance in SMEs in emerging countries? Multiple mediation of market orientation and marketing capabilities.Journal of Entrepreneurship in Emerging Economies. Thabit, T. and Raewf, M., 2018. The evaluation of marketing mix elements: A case study. International Journal of Social Sciences & Educational Studies,4(4). Thabit, T. and Raewf, M., 2018. The evaluation of marketing mix elements: A case study.International Journal of Social Sciences & Educational Studies,4(4). 11