Marketing Assignment: Leadership, Consumer Information, and Sales

Verified

Added on  2020/03/07

|3
|405
|37
Report
AI Summary
This report examines key aspects of marketing, focusing on leadership, consumer information, and sales strategies. It analyzes the significance of the Ries and Trout marketing laws, emphasizing the importance of leadership, focus, product diversity, and quality resources. The report also explores the utilization of social media and consumer information to enhance marketing effectiveness, highlighting how these tools can drive sales maximization and customer satisfaction. It stresses the importance of creating consumer-friendly products and leveraging updated technologies and communication methods, such as internet and phone calls, to foster better relationships between businesses and consumers. The report underscores the need for effective use of consumer data to create products that meet customer needs and demands, thereby driving sales and improving marketing outcomes.
Document Page
Running head: MARKETING
MARKETING
Name of the student
Name of the university
Author note
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
1
MARKETING
1. Immutable law on marketing- a thought on Ries and trout
Ries and Jack Trout gave marketing laws in 1969. According to them positioning is a
marketing process that includes product quality, brand, and perception. Various laws in relation
to Ries and trout that are as follows although there are 22 laws given by these two people .
Referring g to a good strategic marketing plan includes proper use of all the plans and policies
with the effective use of resources (Armstrong et al., 2015).. There are few laws that are still
applicable in a marketing plan and that includes law of leadership, law of focus, product
diversity, and quality resources. Other laws are not that much applicable in today’s century.
Basic laws do not change over time as basic laws of marketing include proper leadership team
spirit communication and quality resources for a good marketing.
2. Marketing department- utilization of social media and consumer information
Getting benefit from consumer information and social media like television and
advertisement largely affects the marketing business growth. Growth of marketing and sales
maximization depends on consumer’s satisfaction (Baker & Saren, 2016). By creating, more
unique products and more use of advertisements will definitely create more demand and
publicity for the product thereby this creates more sales and output. Marketing sector emphasis
more on customer friendly products, therefore when a customer gets satisfied from using the
product it creates more demand and production of that product. Marketing department must use
more and more of updated technology, quality resources and means of social media like internet,
phone calls for a good communication between and consumer and buyer in order to promote
more products and encourage sales maximization. There must be proper utilization of consumer
information while creating a product in order to create consumer satisfaction.
Document Page
2
MARKETING
References
Armstrong, G., Kotler, P., Harker, M., & Brennan, R. (2015). Marketing: an introduction.
Pearson Education.
Baker, M. J., & Saren, M. (Eds.). (2016). Marketing theory: a student text. Sage
chevron_up_icon
1 out of 3
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]