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Business Project Introduction 2 Importance of Marketing 4 Distribution helps in marketing 4 Production planning and Equality 7 References 8 List of figures

   

Added on  2020-05-16

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Marketing
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Running Head: Business ProjectFinal reflection reportBusiness Project
Business Project Introduction 2 Importance of Marketing 4 Distribution helps in marketing 4 Production planning and Equality 7 References 8 List of figures_1

Table of ContentsIntroduction...........................................................................................................................................2Marketing..........................................................................................................................................2Importance of Marketing...............................................................................................................4Distribution helps in marketing.........................................................................................................4Financial Management..........................................................................................................................6Production planning and Equality......................................................................................................7Conclusion.............................................................................................................................................8References.............................................................................................................................................8List of figureFigure 1: First rollover 2017......................................................................................................3Figure 2: Existing rollover.........................................................................................................3Figure 3: Result after first Rollover-2018..................................................................................4Figure 4: Selecting Marketing Segment.....................................................................................5Figure 5: Branding and Distribution..........................................................................................5Figure 6: Financial Management...............................................................................................6Figure 7: Pricing chart................................................................................................................7Figure 8: Equality.......................................................................................................................7
Business Project Introduction 2 Importance of Marketing 4 Distribution helps in marketing 4 Production planning and Equality 7 References 8 List of figures_2

IntroductionIt is important to make suitable decision by real life experience whenever there is the introduction of new service or product in the market. In this report i have gained knowledge about smart Sims group which has helped me to acquire the final result and gave me the capability to make final decision. In this report I have illustrated why there is a need of marketing whenever new product is launched in the market. It has helped in enhancing personal experience to make business decision using Sims simulation. It has also cleared the point of view why branding of service is needed, importance of financial management. After this report, it is clear how some real life experience supports business for crucial progress. MarketingOne of the most important thing for a business is marketing as it increases the awareness of a product which in turn increases the sale and engages more customer. For running the business successfully, services and the products should be marketed to increase potential buyers. As advertisement of a product, service boosts up the organisation sale and increases the chance sale (Coughlan, et. al, 2006). Marketing acts as a key component in providing information to the market and is vital when it comes to profit of an organisation.Marketing is a key to success, without marketing business doesn’t get recognized in the market. This can be done by direct sale, advertisement or via social media. Marketing is the key to create the product awareness as it helps to develop customer relations (Jobber and Ellis, 2012). It also helps in building trust with customers. Marketing allows business to create awareness of product. It is extremely important to advertise the product to enhance the sale. As the experienced gained in simulation of smart sims helped in knowing changing the price can affect the market. Here are the decisions made thoroughly throughout different years.
Business Project Introduction 2 Importance of Marketing 4 Distribution helps in marketing 4 Production planning and Equality 7 References 8 List of figures_3

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