Marketing Essentials: Understanding Marketing Concepts and Trends

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This report delves into the core principles of marketing, examining its essential aspects and practical applications. It begins by introducing the fundamental concepts of marketing and its importance in modern business, highlighting the crucial roles and responsibilities within a marketing department. The report then explores the evolution of marketing, including current and future trends, and analyzes the structural and operational aspects of marketing departments. A key focus is the distinction between B2B (business-to-business) and B2C (business-to-consumer) marketing strategies, outlining the differences in approach and customer focus. The report concludes by summarizing the key takeaways and emphasizing the significance of marketing in achieving organizational goals. The report also references supporting materials and provides a list of references to further enhance understanding of the subject matter.
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MARKETING ESSENTIAL
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INTRODUCTION
Marketing is the crucial method and tool in the modern
business organization which involves understanding of
whole market area.
Requirements of customers, developing profitable relation,
providing quality based goods and services and so more.
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Key roles and responsibility of marketing
functions
Technology
Legal Aspects
Political Aspects
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Development of Marketing Trends
Concept of selling
Product concept
Marketing concept
Current trends
Future trends
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STRUCTURE AND OPERATIONS OF
MARKETING DEPARTMENT
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DIFFERENCE OF MARKETING FUNCTIONS
BETWEEN B2B AND B2C
Basic B2C B2C
Products There are large number of Coca-cola firm
customers so they are mainly focus on
giving appropriate care ad effective
products and services by determining
their health and safety needs.
This can be determined as there are
various products and services which are
given by company to their customers for
satisfying their desired needs and
requirements.
Distribution They are follow accurate network for
providing effective goods and services.
In B2B, there can be formal marketing
function so large number of customers
can be attracted towards them.
Price An organisation can concentrate on
customers and target more customers who
have ability and skill to buying any type
of goods and services in proper manner.
In this type of businesses, customers
mainly select those firm which are based
on satisfying their all requirements and
needs.
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ROLES AND RESPONSIBILITIES OF
MARKETING
In an organisation, this is need to analyzing and examining
staff members roles and responsibilities in proper manner.
For this company.
They can easily achieving their potential goals and
objectives. Coca-Cola is very popular company which help
in identifying their desired success and growth in this sector.
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Conclusion
From the above mentioned report it can be analyzed that Marketing
is that set of activity where manufacturing products and services
provide effective goods to their desired customers which main
motive is to satisfying their needs and wants in better manner.
In an organization, this is need to analyzing and examining staff
members roles and responsibilities in proper manner.
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References
Durmaz, Y., 2011. A theoretical approach to the concept of
advertising in marketing. International Journal Economic Research.
[23 Januari 2015].
Fazlollahtabar, H., Aghasi, E. and Forte, P., 2012. Bi-objective two-
stage decision-making process for service marketing. International
Journal of Strategic Decision Sciences (IJSDS). 3(3). pp.24-39.
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Thank You
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