Marketing Management: Activities, Integration, Monitoring Progress

This marketing management assignment proposes and integrates three key marketing activities: internet marketing, earned media/PR, and paid media advertising. It emphasizes improving website traffic and building customer trust to encourage online purchases, thus shortening the supply chain and reducing costs. The report details monitoring progress through turnover reports, website hits, and market share analysis. It also addresses adjusting product distribution and pricing by focusing on direct-to-consumer sales via the internet, eliminating local suppliers. Key Performance Indicators (KPIs) such as Return on Marketing Investment (ROI) and market share are discussed, along with staffing proposals involving public relations personnel for social media and internet marketing. The conclusion highlights the importance of adapting to the growing trend of internet marketing and e-commerce in Australia to enhance market share and revenues.

Running Head: Running Head: Marketing Management Assignment
Marketing Management Assignment
Name of the Student
Name of the University
Author Note

1Marketing Management Assignment
Introduction:
In 2012, Australia experienced more than two decade of economic growth, with 3.5%
growth every year, making Australia the 19th largest importer and exporter in the world and 12th
largest economy. Growth of the home and house ware industry improved after the advent of
different reality television shows that have significantly increased the revenues. Additionally,
more consumers are sourcing their products directly from the manufacturers to cut expenses
(Housewares.org 2013).
Three Proposed Marketing Activities:
The proposed marketing activities that can be suggested that can provide a competitive edge
in the industry and also ensure improvement of revenues and market share can include:
1. Internet Marketing:
Internet or online marketing utilizes website, emails for the advertisements of the products,
and drive sales through e-commerce. Social media platforms can be used to give leverage to the
products and brands presence. This will also ensure a direct communication of the manufacturers
with the consumers, a factor already in favor with the consumers (Chaffey & Ellis-Chadwick,
2016; Mathews et al., 2016).
2. Earned Media/PR:
This strategy will utilize the ‘free media’ platform for marketing campaigns. Free media
coverage can be achieved through the recognition of the organization’s efforts in the form of
testimonials, reviews, word of mouth, or mentions in the television and radio programs. Darr
(2016) pointed out how effective campaigns can help to earn media coverage.

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3. Paid Media Advertising:
Paid advertising through pay-per-click to improve website traffic, and can be a popular
method for online campaigns. In addition Search Engine Optimization can also increase the rate
at which the organizations page shows up while searching for keywords. Additionally,
mainstream media still has preference from consumers, and hence can be effective way to reach
them (Richter, 2014)
Integration of the proposed activities
All the above strategies are aimed to improve the website traffic, build trust on the web
page and encourage customers to purchase the products online. Enabling this would remove the
necessity of local suppliers, and significantly shorten the supply chain and cost of the product.
This will further allow a reduction in the price of the products and increase investment in the
online marketing as well as invest in search engine optimization. Promotional discounts for
online shopping can also be utilized to attract more customers.
Monitor Progress of the proposed activities
Effectiveness of the chosen campaign strategies can be monitored by analyzing the
turnover report on the long run. On a shorter scale, aspects like number of hits on the company’s
website can be used to check if the campaigning activities are reaching to the desired consumer
circle. The market share of the company would also act as a key indicator of the campaign’s
success. Additionally, Return for Market Investment will also provide an understanding of the
efficacy of the marketing campaign (Kotler, 2015; Lerner & Baker, 2017).

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Adjustment distribution and pricing of the products:
Focusing on internet and online marketing strategy, the distribution of the products will
significantly change, as the goods can be directly sent to the consumer’s house from the
company’s warehouse. The logistics will only involve direct distribution, while eliminating local
suppliers and their profit margin and handling costs. This reduction in product cost can be used
to reduce the selling price and improve quality of the products, thus gaining a competitive
advantage.
KPI (Return of Market Investment and Market Share)
Return of Market Investment KPI (ROI) can be calculated as the difference between
Sales Growth and Marketing Cost, over Marketing Investment (hbr.org, 2018).
ROI= (Sales Growth – Marketing Cost) / Marketing Investment
This value is the measure of the revenue generated by a marketing campaign, compared
to the expense of running the campaign. The KPI score shows if the expense for the campaign is
justified by the profits made from it.
Delegation of role and staffing proposal:
The marketing campaign will involve three different activities, and will encompass
different functions to be undertaken by different personnel. Public Relations staff can be
involved in the social media and internet marketing activities, ensuring that the product and
brand presence is highlighted to the general public. Furthermore, the public relations will also
strive to ensure the organization is within the radar of the free media, and is covered in terms of
reviews and testimonials which are accessible publicly.

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Conclusion:
Considering the inclination of the market in Australia that favors internet marketing and e
commerce, it is vital for an organization to step up to this challenge to be able to evolve to the
current market needs, and to survive and overcome competition. A vision for growth in market
share and revenues therefore should address these market requirements and strategies the most
cost effective and efficient way to promote the products directly to the consumers.

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References:
Chaffey, D., & Ellis-Chadwick, F. (2016). Digital marketing. Prentice Hall.
Darr, J. P. (2016). Presence to Press: How Campaigns EarnLocal Media. Political
Communication, 33(3), 503-522.
hbr.org. (2018). A Refresher on Marketing ROI. Harvard Business Review. Retrieved 6 February
2018, from https://hbr.org/2017/07/a-refresher-on-marketing-roi
Housewares.org. (2013). Australian Home & Housewares Market Overview. Housewares.org.
Retrieved 6 February 2018, from
https://www.housewares.org/pdf/hec_reports/AustralianMarketOverview2013.pdf
Kotler, P. (2015). Framework for marketing management. Pearson Education India.
Lerner, J., & Baker, M. (2017). An Empirical Analysis of Investment Return Dispersion in
Emerging Market Private Equity. The Journal of Private Equity, 20(4), 15-24.
Mathews, S., Bianchi, C., Perks, K. J., Healy, M., & Wickramasekera, R. (2016). Internet
marketing capabilities and international market growth. International Business
Review, 25(4), 820-830.
Richter, F. (2014). Consumers Still Trust Traditional Media Advertising Over Online
Ads. Retrieved January, 12, 2014.