Roles and Responsibilities of Marketing Function in Unilever
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This report analyzes the key roles and responsibilities of the marketing function in Unilever and their relationship with other functional units. It also evaluates how business objectives can be achieved using the marketing mix.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 ROLES AND RESPONSIBLITIES OF MAREKTING FUNCTION.......................................3 ROLESANDRESPOSBILITYOFMARKETINGRELATEDTOWIDER ORGANIZATION.......................................................................................................................4 Marketing mix of Unilever and P&G.........................................................................................5 STRATEGIC MARKETING PLAN..........................................................................................7 CONCLUSION..............................................................................................................................13 REFERENCES................................................................................................................................1
INTRODUCTION Marketing means an activities which undertakes the promotion of buying and selling of products and services. These also helps various companies as well business in being more developed while by have advertising, promoting, different channels for goods and services (Insights,2020). Unilever is consumer goods company, headquarter in London. The products include foods, candy, energy drinks, tea, cleaning agents, juice, beauty products, personal care and consumer health care products etc and its products are available in around 190 countries. Thisreportanalysesthekeyrolesandresponsibilitiesofmarketingfunctionandtheir relationship with other functional units. This report also evaluate how business objective can be achieved using the marketing mix. ROLES AND RESPONSIBLITIES OF MAREKTING FUNCTION The marketing function helps company for being their more development and make their market position as much they can developed them. Roles and responsibilities of marketing:- Defining and managing brands:- This involves in identifying their brands position among their customer and how their brands stay much, where they stands. As Unilever company products and services are more developedinmarketandtheyhavethebestpositioninmarket(Nardi,Rinaldiand Cavicchi,2016).. It also defines the customer experience of people and partner how they interact with business. Managing social media:- Unilevercompany required to manage their social media platforms in which they can make more customer and they can easily maintain the social media pages. More customer should also manage accounts as well what have been posted on online related to products. Internal communication:- Unilever company employee need to understand their employee communication as, manager and employee need to maintain their relationship. leader in company make them prepare in giving them values, goals and priorities about the company. Listening to customer:- Company must listen to their customer and help them in getting some problems about products and services (Laczniak and Murphy,2019).. It is necessary to be closer with clients and
customer in order to listen their needs and wants. Creating surveys would help them in capturing information about sales and better understanding their needs. Tracking trends:- Unilever have to track the trends of market and created their products in such a ways that support them in making more customer. This could be also benefits in regarding information about marketing competitions (Schäffner,2019).. While watching competitors company can easily identify their mistakes and try to avoid them before making any strategies. Innovative:- At time of developing new products Unilever must be know about their innovative and creative with ideas in which they can have more customer and easily take the best market position. Company also give some offers with high level discount, as customer are demanding for more. Communication with other organization:- Unilever must have better communication with other company. it means that they come to know about trends and respect the principle of business ethics (Treder,2020).. The chain between them must be strong so through which they mainly come to know about their trending strategies. ROLES AND RESPOSBILITY OF MARKETING RELATED TO WIDER ORGANIZATION The showcasing capacity of association is engaged towards a compelling promoting plan that can address the issues of changing taste of the client. It is likewise needed to set the costs in like manner the current market costs The showcasing interaction of Unilever centres around utilization of advertising instruments that contribute towards advancing their items in the objective promoting sections (Treder,2020). The interrelationship between marketing and others functional units- Marketing and Finance: - Marketing function keep supporting to Unilever in identifying their new products and some new strategies that could help company for being more developed. Finance departments in company need to prepare accounts and budgets that could be more important for company (Insights,2020). Unilever company both the function play important in making their company
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budget and bring some more new products and services that would help their customer in making satisfied. Marketing and Operations :- Operation departments in Unilever assist them in packaging their products with having some innovative ideas and new creative. Both the departments are closer to them and work together in developing their best market place (Nardi, Rinaldi and Cavicchi,2016). marketing makes new strategies about their packaging and labelling, that could help operation in making something new that could easily surprised to their customer. Marketing and operation play important in developing their company along with that satisfying their company. While working together they come to know more about raw material into finished goods. Marketing and Human resource: - Humanresourceworktohirenewemployeeandthatensureaboutthemarket departments of company. The HR of Unilever company help them in providing feedback of company while having market department collaboration and feedback from employee that could maketheminachievinggoalsofcompany(LaczniakandMurphy,2019).Employeesin marketing departments is working for satisfaction requirements and individual’s goals are being achieved by them in organization Marketing and Customer service:- This function work together for satisfying their customer needs towards products and services. Customer services departments of Unilever company get feedback from marketing departments about developing new products launched and experience about existing products. hence, both the department work in making their positive relationship that could keep them in company for having more products and help them for fulfilling their needs and wants. More helpful in understanding product and services which are being introduce in market. Marketing and IT:- Astheybothworkintogetherforensuringinnovationandadvancetechnology knowledge in best manner. Unilever company has business online in which they need to have both the department collaboration and them more used for taking new innovation ideas and developing them more customer satisfaction(Schäffner,2019).Forhavingmoreadvance technology these may would help organization to achieve more target and being more beneficial
Marketing mix of Unilever and P&G Unilever’sP&G ProductThe Unilever’s products are the product the company offer to its customer. The company worksinfoodproducts,refreshment products,homecareandpersonalcare products. Unilever’s made a lot of product range and product varieties so that customer canchooseaccordingtothetasteand preferences they like to have. It is one of the ways in which company is focusing most to provide the customer with a lot of product services. P&G works in all the product qualities including the beauty product range from premium tonormalandthecompany alsoproducethegrooming products(HR,andAithal, 2020). The company also have healthcare, fabrics and baby & family care products to offer to the customer. P&G provide a lotof product designand variety so that they can choose according to their needs and wants. PriceThe Unilever’s works in different pricing strategies as they have different range of product to offer to the customer and they alsohaveproductstooffertopremium customer and for normal customer as well. It is very important to have a low-cost strategy so that the company can attract a lot of customer and many customers can call the Unilever’s as their important brand. They also have product bundle pricing in Thepricingstrategyofthe company are with all the ways inmarket-orientedpricing strategy of working. They also havetheproductbundle marketing strategy of pricing. Premiumpricingstrategyof the company to attract more of thepremiumcustomerto increase the product range.
their pricing strategies. PlaceThe global operation of the Unilever’s is the reflection of extensive reach of the company business in the audience market goods. The company have all the reach in the market which help the organization in making the best use of the places they want to work and to attract more of the customer with the policies and place they have their stores at (Išoraitė, 2016). Place refer to the places where the company put their stores and provide the services to the customer with the product and servicestheyareoffering. Company use the best places to get the greater number of audienceandithelpthe company PromotionPromotion refer to the strategy the company useinpromotionoftheirproductand services in market. It is a way to connect to the customer and make them aware about their product and services in market they are offering.Thecompanyusealltypeof promotion including the advertisement, sales promotion, public relation, direct marketing and personal selling. Promotionalactivityarethe activitieswhichacompany use to promote their business inthemarkettoreachthe maximum number of people in market so that company can make the best use of market. Company use all the ways of promotionincludingthe advertisement,printmedia, socialmedia.Ithelpsin promotion and develop of the product and services company offering to their customer. Both the companies work in the same sector and they are one of the top competitors of each other, the Unilever’s is leading the one side of the industry due to its better strategies in the product pricing and they way they promoter their product and services in the market is helping them in increasing of the business with better results.
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STRATEGIC MARKETING PLAN EXECUTIVE SUMMARY The strategic marketing plan consists of the goals and objectives of the organisation along with analysing the macro and micro business factors, planning of product, implementation and tracking its progress. This marketing plan is of Unilever which will help the company to develop various strategies by analysing all the external and internal factors and the budget of the company. The major reason of this is to evaluate existing market strategy for Unilever and compare them with its rivals’ strategies. MISSION The mission of Unilever is to enhance vitality to the life of customers. The company tries to meet the everyday needs in terms of hygiene, personal care and nutrition through the brands that will facilitate people to look good, feel satisfactory and get more and best out of life (Young, 2017). This ensures that the organisation is able to satisfy the maximum customers in lives’ various aspects. VISION The vision of Unilever is to make the living of the people sustainable. The company considers this as the best long-term approach for the Unilever business to face progress and growth. It mainly focuses on the sustainability among the consumers (Young, 2017). SITUATIONAL ANALYSIS SWOT analysis This helps in analysing the internal factors of Unilever through which various strategies can be developed and implemented by the company (Weller, 2017). Strengths:Unilever is the leader in terms of food products like soups, cream and tea. It also leads in the processes of producing and supplying the Frozen Food products in Europe. It also leads in production and sell of multiple brands along with having the art to produce products whichcansuittheUnilevercustomerscompletely.Thecompanyprefersamulticultural environment at the workplace which forces it to make investment in various parts of the country.
Weaknesses:Some of the products of Unilever are underperforming such that the set targets are not achieved such as the frozen foods, household care, prestige perfume etc. The people became more health conscious which declined the market share of the slim products. Opportunities:As the customers tastes and preferences are changing so Unilever can change its market segments by targeting towards more health conscious people and the women who prefers expensive products.It can also develop its market in the developing countries. The company can also make use of market penetration by penetrating in the Latin America Region. The adoption of new technologies can also help in customer as well as financial management (Assenova, 2018). Threats:There is a tough competition from the rivals’ side in the industry such as DANONE, Sainsbury and M&S. The company do not produce dietary and health conscious food which loses the trust and confidence of the customers in the Unilever products as they start preferring the reduced fat and performing exercises. The subsidiaries also do not stock the enough quantity and quality of products. PESTLE ANALYSIS Thisframeworkhelpsindrawingtheoutlineofthegrowthopportunitiesinthe international market of consumer goods. The main focus behind the PESTLE analysis is that various strategies can be developed which can help in overcoming the threats, exploit the opportunities and achieves higher position of business by focusing on product innovation. PESTEL analysis of Unilever is as discussed below: Politicalfactors:Thesefactorsincludethedecisionsofthegovernmentandthemacro environment which impacts the firms. The political stability of some countries like US provides the opportunity to the company so that it can extend its growth in these markets. This helps in minimizing the challenges which can be faced during the strategic implementations.On the flip side, the political issues which are created in the European union becomes threat for the company’s operations in the consumer goods market of the region (Smithson, 2017). The company can expand its free trade relations especially with those which involves the developing countries. Economic factors:These factors decide the business performance of Unilever. The increasing
wages can be a great opportunity for the company to earn higher profits. This can be considered as a threat also because of the increasing costs which states that the company has many facilities of manufacturing in different regions. The high growth of developing country and the financial stability of the developed countries also becomes opportunity for the company (McDONALD, 2016). Social factors: Unilever can make use of the change in the preferences and taste of the people as they are becoming more heath conscious, the company can produce the dietary food and the food which does not cause harm to the people. The rising environmentalist behaviours also provides great opportunity to the company as it can attract large number of customers by improving tits impact on the environment. Unilever can reduce the consumption of energy through adoption of new and more energy efficient technologies. Technological factors:Technology supports the Unilever in order to enhance its consumer goods business. Advanced technology can become opportunity for the company as it will increase the operational efficiency by installing new equipment for business processing. But on the other hand, it can be a threat to the company as the competition level increases because the small ones in the local markets also use the technologies (Kreutzer, 2019). The rise in the Research and Development leads to more competition which threatens Unilever. Also, the lower cost of transportation due to technological automation can lead to low cost of operations thereby contributing in the business growth. Still, it can be a threats as it makes the competition tough. Legal factors:It is must for the Unilever to adhere to all the regulations which can reduce the barriers in the business of consumer goods. The company can make use of the opportunity in order to enhance the corporate image by integrating the CSR with the environmental regulations. Also, if company strengthens international patent laws, it can facilitate the growth of Unilever. Unilever can use those patent laws in resolving its problems and also the consumer right laws can be used to improve the customer-service quality and the product quality standards. These efforts of the company can help in enhancing the attractiveness of the brand of Unilever. Environmental factors:As the interest of the people is rising in terms of environmentalism, the
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company can use this opportunity by improving its environmental programs to attract large number of customers who shows much concern towards environment (Sadeghpour and et.al., 2017). The company can also strengthen its sustainability programs which can gain a greater competitive advantage. The strategies can use the advanced technology for product innovation in order to reduce the environmental impact. OBJECTIVES To develop sustainable profitable growth and shareholder’s value by enhancing the profits by 10%. To increase the investments on advertising the majority of its products by allocating the budget of marketing of about 5000 million pounds. To boost the sales and the margin by using the growth strategies by 8%. To enhance the market’s share and maintain effective leadership in the core products of the company by ensuring the loyalty among customers and producing the products which meets the specific needs of the consumers in market. MARKETING MIX STRATEGIES Product: Branding strategies in the products whose launching will be low but customers will be attracted towards the branded products. Price: High quality low pricing strategy for ensuring that the company retains its markets share. Place: The company will target the places where both the high and average income people lives to offer the products at low prices. It also introduces smaller branches in the countries at the place of subsidiaries in new areas. Promotion:Pull strategy where Unilever will promote the products and motivates the people to buy. Process:It will use various processes in delivering the products such as online, delivery at doorsteps, at the stores etc. People:The people at Unilever are very talented and skilled. Physical evidence:It is presentable as the established stores in UK and in many countries along with its evidence can be found on the social networking sites and online platforms.
SEGMENTATION, TARGETTING AND POSITIONING Segmentation basically refers to the process in which heterogeneous market is broken down into smaller homogenous segments where members of the group have certain needs. Targeting is the identifiable group where Unilever directs its efforts in order to satisfy the clients. Various strategies are made for the target market by combining all the elements of Marketing Mix. The target is the households for the products of home care as well as the individuals who are health sensitive. Unilever has positioned itself as personal care and food producers along with the company positioning itself having the products which are high quality and pocket friendly (Rintaugu, 2019). MARKETING BUDGET The overall budget calculated in the marketing of products and services of Unilever is £5000. S NoParticularsAmount (in £) 1.Market research1000 2.Traditional advertisements2000 TV And broadcasting800 Direct mail200 Print ads and Promotional brochures300 Banner advertisements and hoardings400 Promotions and discounts300 3.Online marketing1000 Social media marketing100 Endorsements200 Web advertisements300 Database marketing400 Miscellaneous1000 Total expenditure5000
MEASUREMENT AND CONTROL MARKETING METRICS: Return on marketing investment (ROMI) Analyticaltoolsandtechniques:Attributiontools,webanalysis,Mobileanalytics, campaign automation, social analytics and tag management (Akuamoah, 2017). Bottom line performance and Contribution MarginKey performance indicators KPI: Increase in profit and Sales revenue Inbound marketing return on investment Customer Lifetime value Customer Acquisition costs Social media traffic and conversion rate Abandonment rate Besides all these above mentioned, there can be other methods to measure and control the marketing strategic plan such as Sales analysis, market share analysis, customer satisfaction etc. The main aim of marketing is to persuade the customers for purchasing product or investing in a service. The company can do this by monitoring the feedbacks of the customers through polls and surveys. Sales can be estimated by the revenue which is generated or the profit capital. The main focus of the marketing plan is to evaluate the impact it has on the market targeted. Actual sales are considered to analyse that whether changes are necessary or not. Market share is defined as the percentage of consumer saes which is dominated by particular product. Plan helps in outlining the product’s market share before its implementation and the changes are projected to the marketplace. Evaluation The strategic management plan can be evaluated in many ways. It can eb done by checking the reaction of the competitors (market reaction) as this decides the success or failure of strategic implementation. If the competitors decide to copy the company, then this means the plan is affectingthemleadingtosuccess. Thecustomers’ response alsohelpsin evaluatingthe effectiveness of the marketing efforts. This can be gained by customer service feedback or
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engaging them online which will help in knowing the thinking of the customers regarding the marketing efforts of the company. The sales performance of the company must also be evaluated as it decides whether the plan is working or not. The sales conversion if effective can contribute in achieving rapid growth, therefore the success must be focused instead more focusing upon generating the leads. ROI can also prove to be the top concern when the focus is on evaluating the return from the marketing expenses which decides that whether the marketing expenses results in gaining overall profit or not. By using these approaches, it becomes very easy to achieve the organisational strategic goals and objectives. CONCLUSION The overall report was based on the marketing of the products and services of Unilever which is in London. It was started by describing the roles and responsibilities of the marketing function. It was followed by the interrelationship of marketing function with the other functions of organisation such as finance, operations etc. Furthermore, the marketing mix was performed for Unilever and its competitor P&G. At the end, a marketing plan was made which helps the company in implementing the strategies successfully to increase the customer base and the profitability in the decided budget.
REFERENCES Books and journals Akuamoah, K.N., 2017. Strategic marketing plan for Obrapa Money Lending Limited. Assenova, M., 2018. Scope, Specifications and Elements of Strategic Marketing planning in Banks.Entrepreneurship.6(1). pp.34-48. HR, G. and Aithal, P.S., 2020. Integrated Marketing Mix Framework for Baby Care Retailing in India.InternationalJournalofAppliedEngineeringandManagementLetters (IJAEML).4(1). pp.191-218. Insights, S., 2020. Essential Digital Marketing Tools. Išoraitė,M.,2016.Marketingmixtheoreticalaspects.Internationaljournalofresearch granthaalayah.4(6). pp.25-37. Kreutzer, R.T., 2019. Strategic and Operational Marketing Plan. InToolbox for Marketing and Management(pp. 225-229). Springer, Cham. Laczniak, G.R. and Murphy, P.E., 2019. The role of normative marketing ethics.Journal of Business Research.95.pp.401-407. McDONALD, M.A.L.C.O.L.M., 2016. Strategic marketing planning: theory and practice.The marketing book, p.87. Nardi, L., Rinaldi, C. and Cavicchi, A., 2016. Marketing, essential aspect to innovate and compete.Informatore Agrario.72(12). pp.55-57. Rintaugu, P.M.R., 2019.Strategic Marketing Plan Implementation Challenges By New Kenya Co-Operative Creameries Limited(Doctoral dissertation, University of Nairobi). Sadeghpour, F. and et.al., 2017. Marketing Strategic Planning and Choosing the Right Strategy using AHP Technique (Case Study: Ghavamin Bank Mazandaran).Dutch Journal of Finance and Management,1(2), p.45. Schäffner, C., 2019. Translators’ roles and responsibilities.The Bloomsbury Companion to Language Industry Studies. p.63. Treder, M., 2020. Roles and Responsibilities. InThe Chief Data Officer Management Handbook. (pp. 127-138). Apress, Berkeley, CA. Online Smithson, N., 2017.Unilever’s PESTEL Analysis & Recommendations. [ONLINE]. Available through: <http://panmore.com/unilever-pestel-pestle-analysis-recommendations> 1
Weller, J., 2017.The Definitive Guide to Strategic Marketing Planning.[ONLINE]. Available through:<https://www.smartsheet.com/strategic-marketing-processes-and- planning#:~:text=Strategic> Young, J., 2017.Unilever’s Vision Statement and Mission Statement. [ONLINE]. Available through: <http://panmore.com/unilever-vision-statement-mission-statement-analysis> 2