Marketing Essentials: Role, Interrelation, and Functional Analysis

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Added on  2023/03/22

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This presentation provides a comprehensive overview of marketing essentials, focusing on the roles and responsibilities of the marketing function within an organization. It explores the interrelationships between marketing and other functional units such as finance, human resources, operations, sales, and customer service, highlighting the significance of these relationships for overall business success. The presentation also analyzes the roles and responsibilities of marketing in the context of the marketing environment, emphasizing the importance of understanding and adapting to changes in customer demand and market dynamics. Key elements of the marketing function, including research, planning, strategy, and tactics, are discussed, along with their relationships with other departments. The presentation concludes by underscoring the critical role of marketing in driving organizational growth and competitiveness.
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Marketing Essentials
TASK 1
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Covered Content
Introduction
Roles and responsibilities of marketing function
Roles and responsibilities of marketing in organisation
Analysis of roles and responsibilities of marketing in respect to
marketing environment
Analysis of significance of relationship of marketing with other
functional units
Key elements of marketing functions and their relationship with
other departments
Conclusion
References
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Introduction
Marketing is the most important task in an organisation. It
means actions done to know what is the need of
environment, this motivates company to produce goods as
per need of consumer.
It promotes manager to analyse market and then take
corrective actions so that consumer's need can be
satisfied.
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Roles and responsibilities of marketing function
Marketing is a function of management which works to
help in growth of organisation.
There are many channels through which communication
can be done to tell about product and services to
consumer.
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Continued...
Concept of marketing:
Marketing
Product
Production
Selling
Societal marketing
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Continued...
Marketing process: This will include-
Research
Plan
Implement
Measure
Optimise
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Continued...
There are certain roles and responsibilities related to
marketing manager, such as:
Market research
Analysis of marketing mix
Brand image
Analysis of new opportunities
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Roles and responsibilities of marketing in
organisation
Marketing is all about dealing with society, which helps
in generating profits and maximisation of production.
There are various other departments also in organisation
which gives production enhancement, increase customer
satisfaction.
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Continued...
Departments of company is basically related to each other;
therefore, relationship amongst them will understand
through following description:
Finance and accounting: There is direct relation of
marketing with accounts department as marketing manger
make efforts to convenience customer to buy product
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Continued...
Human resource: HR make policies for whole
organisations and hence there is policies for marketing
personnel as well.
Operations: Production is related to demand so it is
responsibility of marketing manager to communicate
about changes in demand of society
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Continued...
Selling: Sales is dependent on marketing. As much as
consumers know about product and services, then only
demand will arise.
Customer service: This is important department and
related to marketing. In this, reviews are taken about
products.
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