Roles and Responsibilities of Marketing in Nestle Company
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This presentation discusses the roles and responsibilities of marketing in Nestle company, including marketing research, meeting customer needs, enhancing pricing, monitoring trends, and coordinating with promotional partners.
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Marketing Essentials
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Table of Content Introduction. Role and Responsibility of Marketing Function. RolesandResponsibilityofmarketinginorganisational context. Conclusion. References.
Introduction AMarketingistheprocessof procuring, assessing, manufacturing, selling and distributing along with promotionalactivitiesproductand services for fulfil the customer needs and wants as well as to promote their brandincompetitivemarketplace (Baker and Magnini., 2016).
Cont.. In this report the company is considered as Nestle is a Swiss Multinational food and beverages processing of conglomerate corporation which it operated from the headquarter in Vevey, Vaud, Switzerland.
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Roles and Responsibility of Marketing function In any organisation, marketing plays a different roles and responsibilities to perform with product development and promotion in market perspective. The marketing department is very essential for the companies as it having a major role to execute the product and services to having a purpose to deliver to the customer for satisfying their needs.
Cont.. There are some roles and responsibilities of marketing in Nestle company context such as: Roles of Marketing: Marketing research:The major role of marketing is to executing the better research in terms of customer behaviour, traits, taste and preferences and buying capacities that shows the actual highlight for manufacturing the product as per the clients expectations.
Cont.. To Meet customer needs and wants:This is the basic role of marketers to identifying the needs and wants of customers and implies their marketing strategies on the basis of the market and customer environment. The marketing team of Nestle is also having this same strategy to reaching their customer expectation as well as to retain them, for that they measured the what market demanding in food and beverages products as per the customer perspective (Chernev., 2018).
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Cont.. Enhancing better Pricing:In company's product the price is play an important and vital role as it decides the value of the particular product. It implies on the basis of its quality, manufacturing cost and other expenses as it generates the revenue.
Cont.. Responsibilities of marketing: Monitor the trends:The important responsibility of marketing is to measure the competitors position and performance in respective to the competitive market as well as the tracking of latest trend which highly optimise by the marketers can gives an idea or opportunity to pitch the product by the organisation (Hanlon, 2019).
Cont.. Better coordination with promotional partners: By setting up the align of the contributor efforts with those company who are publishers, designers, manufacturer, consultants etc. all these are support to promote the product in the market.
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Roles and Responsibilities of Marketing in Organisation The role and responsibilities of marketing in company perspective is representing the different work and objectives is to driven by marketing in other department as a support.
Cont.. Marketing and human resource Department:The work role of Human resource department of Nestle company is enhancing their responsibility for recruiting the fresh and potential candidates which are having high skills and knowledge with effective decision making (Okumus and Cetin, 2018). The Human resource department basically seeking for manpower generates for each department of Nestle's to reduces the work load and showing concerned towards the workforce of the company in terms of their allowances, salary, performance appraisal etc.
Cont.. Marketing and Sales department:The Nestle company's Sales department have working regulation as they have direct link between products and customers. Their objective is to selling or pitching the product to the consumer. The interrelationship between sales and marketing , where sales department is depended on marketing instruction, usually marketing provides the instruction for making strategy to selling the product in the market
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Cont.. Marketing with Operational Department:As in Operation department is ensures that the product should prevails for manufacture in better quantity and quality of that makes the customer expectation to be filled and schedule. The responsibility is cover by manger of operations is make sure about the machinery and other resources. In Nestle, there is relations between Operation and marketing is that marketing manager is provides the strategic roles to related with proper planning and lead management, effective resources to deliver the operation.
Conclusion From above report of Marketing Essentials as it comes to conclude as by explaining of different roles and responsibility of marketing as well as in organisation perspective that shows about how a company can boost their brandorproductvalueinmarketthrougheffectivemarketing.By discussing the marketing mix to applying 7ps of marketing to compare between two companies who belongs from the same business industry whichgeneratestheinformationandaccomplishbusinessrelated objectives.
References Baker, M.J. and Saren, M. eds., 2016.Marketing theory: a student text. Sage. Chernev, A., 2018.Strategic marketing management. Cerebellum Press. Gupta, C.B. and Nair, R., 2020.Marketing Management, CB Gupta & N. Rajan Nair. Sultan Chand & Sons. Hanlon, A., 2019.Digital marketing: strategic planning & integration. SAGE Publications Limited. Harrison,J.P.andAssociationofUniversityProgramsinHealth Administration, 2016.Essentials of strategic planning in healthcare (Vol. 1). Chicago, IL: Health Administration Press.