This document discusses the principles of sale and marketing, including the sales and marketing concepts, marketing plan, impact on customers and organizations, and the marketing mix. It also provides insights into planning and executing sales campaigns.
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1 INTRODUCTION Principle of sale and marketing refer to the process ofsellingtheproductandservicesofthe organizationanditisveryimportantforthe company to increase the product and services by making the best of marketing and sale. Marketing and sale is very important and it is the main process ofdoingtheworkasitincreasethemarket awarenessinthemarketandalsopromotethe business of the company. PRINCIPLE OF SALE AND MARKETING
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2 Question 1 Marketing & sales concepts Sales concept: - in this concept the organization sale their product and services to the customer and focus in making the business profits. It is totally focus on the seller point of view and on other hand the marketing is for buyers’ point of view. The selling concept focus into turning the product and services into cash and money. Marketing concept: - It is referring to the process in which the organization and the company focus in marketing their product in the market and make people aware about the product and services of the company. The product and services company offer to the customer are being marketing to improve business. The marketing concept is the principle for competitive advantage and superior offering, it is useful as the customer are getting choosy and need to be aware about product and services due to changing market. Question 2 Marketing plan. Objective: - the objective of the European Aviation group is to creat the maximum business in the nest 5 year Mission: - increasing th market worth in next5 year. STP: - STP is the process of making the segmentation and targeting and Positioning of the product and services of the European Aviation in the country and making the best use of business (Palmatier and Sridhar, 2017). Segmentation refer to the process of segmenting the market into different segments. Targeting is the process in which the organization targeted the target market and segment market. Positioningistheprocessofdevelopingthepositionand positioning of brand in market with new strategies. SWOT: - SWOT is the process of internal business environment factors: - 1.Strength: - Strength of the European aviation is the market knowledge. 2.Weakness: - Competitive market in today’s market with huge competition. 3.Opportunity:-Opportunitytoincreasethebusinessin expansion in different countries. 4.Threat: - Threat is the market competition. Investment: - It is the process in which the organization focus in finding the new ways and find the different sources of investment and the sources of finance in the market to increase the business of the company. PEST: - 1.Political: - political pressure and maintaining the business with all the political laws and policies. Political factor also includes different policies which are made by the government and have a direct impact on the business of the company. 2.Economical:-helpingtheeconomywithbetterbusiness. Economy stands very important as it include all the process which create lots of opportunities to other as increase in the economy is beneficial for all (Palmatier and Crecelius, 2019). 3.Social: - change of trends and preferences are come in social factor. Social factor includes the factor which directly show the impact of the changes in the public taste and prefaces and it requiretomanagebythecompanytoincreasethebetter productivity and sale. 4.Technology: - utilisation of technology to improve the business. Technologies are most important factor of external environment and it is very important for the company to manage the utility and the use of the technology with all latest technologies to increase the productivity of the company.
3 Question 3 Impact of marketing from a consumer & organisational perspective. Impact of marketing on customer: - It keeps the customer current as the market is changing dailyandconstantlychangingmarketnewtodothe marketing by the company so that the customer gets aware about product and services of the customer. It offers convenience and the wait services to the customer andmakethecustomerworkeasyincontactingthe companyandusingtheproductandservicesofthe company. It also helps in improving the relation with the customer and it is one of the most important impact of the marketing with the customer. It provides the 24x7 access to the business and connect the customer to contact the company in 24x7 ways (Asmuni, Syahnan and Asyura, 2020). Impact of marketing for organization: - Ithelpsinincreasingthebusinessproductivityasthe marketing help in making people aware about the product and services of the company and it also make sure in promoting the business strategies and help the organization in improving through the results and feedbacks. Marketing help the European Aviation in increasing the awareness in the countries where the company is operation anditalsohelpinpromotingthenewstrategiesand techniques of working to the different countries where the organization works. Marketing promote the business strategies and the new trends of the company in the market so that the customer can get attracted towards the company. Question 4 Marketing mix: - Product: -Product refer to the product and services which the organization is offering to the customer and it is the main source of delivery. Price: -Price refer to the price strategy of the company product and services which they are providing to their customer and audience to reach and buy. Place: -Place is the position of the company and it should be relevant to attract more of the customer and company focus in getting the best of the utilisation of resources. Promotion:-promotionrefertothepromotional strategies of the company which the company use to promote their product to the customer. Sales Campaigns: - Planningthecampaign:-Thisisthefirststepof campaign which include the ways in which the organization create the planning and plan all the procedure of the company in increasing the sales. DistributionofCampaign:-Distributionofthe campaignrefertotheprocessinwhichthe organization distribute the product and services of the Converting Customer: -After the campaign it is very important for the seller to provide and attract new customer and convert the customer into buying the product (Porral, and Stanton, 2017). CONCLUSION Thereportconcludedthatitisvery important for the organization to utilise the sale & marketing of the product and servicesofthecompany.Itisvery importantanditneedtobe acknowledged to increase the marketing to have better service in market. The report further conclude that marketing mix and the sale campaign is important to done in best way. The marketing is very essential and it give benefit for both customer and organization. REFERENCES Books and Journals Palmatier, R.W. and Crecelius, A.T., 2019. The “first principles” of marketingstrategy.AmsReview,9(1-2), pp.5-26. Palmatier, R.W. and Sridhar, S., 2017.Marketing strategy: Based on firstprinciplesanddataanalytics. Macmillan International Higher Education. Asmuni, A., Syahnan, S. and Asyura, A., 2020. Implementation of theprincipleofsaleandpurchase transactions through MLM in Brand Branch (BC)PT.HerbaPenawarAlwahida Indonesia(HPAI)Tanjungbalai.Budapest International Research and Critics Institute (BIRCI-Journal):HumanitiesandSocial Sciences,3(4), pp.3376-3385. Porral, C.C. and Stanton, J.L., 2017.Principles of marketing. ESIC Editorial.