Marketing Essentials: Roles, Functions and Trends Analysis

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Added on  2023/01/05

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This report provides an overview of marketing essentials, exploring the roles and responsibilities within a marketing department, and how these relate to the broader organizational context. It examines the significance of interrelations between various marketing functions and their impact on business operations. The report discusses the concept of marketing, various marketing strategies, and current trends, including digital and social media marketing. Specific examples, such as Zara's marketing approaches, are highlighted to illustrate the practical application of marketing concepts. The report emphasizes the importance of coordination among different business activities, the role of marketing in understanding customer needs, and the interrelation between marketing and other departments like HR and finance. The conclusion reiterates the need for organizations to prioritize customer needs, employ effective marketing strategies, and ensure customer satisfaction for achieving business growth.
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Marketing Essentials
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Content
Introduction
Roles and responsibilities of marketing department/function
Roles and responsibilities of marketing relate to the wide
organisational context
Significance of interrelation among various functions
Conclusion
References
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Introduction
Marketing is the process by which operation and production takes
place through keeping customers needs in mind. In an business
organization promotion and advertising is done for the products over
various channels large number of persons is required to acknowledge
various products and services. Promotion of a product is done to make
sure that large customer base is formed by the organization in order to
gain acknowledgement over services and product in making. Marketing
is required in an organization to seek that activities related to selling of
product and services is done in proper manner
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Concept Of marketing
Marketing concept
Marketing concept is based on marketing strategies that will help in
enhancing the sale of product and fulfil the need or requirement of
customer. Marketing concepts encourage the development of a new
product on the basis of market requirement or needs. There is five
marketing concept.
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Concept Of marketing
Marketing Concept
In this concept describe about how to promote any product by using
some types of marketing. There is many types of marketing like
content marketing, advertising, promotion, campaign, influencer
marketing or native marketing. Zara apply these marketing styles for
influencing to their customers for buying their product.
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Current and future trends in Marketing
Various trends that has been existing within market in modern time.
These trends are focused upon digital and social media marketing in
order to make production possible. This makes advertisement to be
done over all kinds of digital platforms like facebook, Instagram that
makes advertisement trough video possible. This is helpful for an
organization like ZARA for making sales increases possible with
recommendation upon product.
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Roles and responsibility of marketing
manger
Supervision and coordination over business activities: Role of
marketing manager is to make sure that appropriate coordination over
different business activities. This has been helping ZARA for
enhancing efficiency with satisfaction of customers to be achieved.
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Roles and responsibility of
marketing function
Marketing department is there for creating the marketing strategies for
company that helps to company to survive in market. There is different
roles and responsibilities of marketing in an organisation. Marketing is
process based in which promote their product in different manner.
Marketing plays important role in marketing researches or understand
the customers need or requirements. Marketing analyse the market or
customers need or requirement for prosecute the marketing strategy.
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Roles and responsibility of marketing
functional units.
Setting market strategy: Attaining of desire objectives and targets of
an organization makes essential formulation possible with
appropriateness within strategy. Functions of marketing helps ZARA
in making strategy. Functions of marketing has been helping ZARA in
setting of strategy and if not applied in appropriate manner revenue is
being impacted in negative manner.
Marketing and HR department: Then employees are hired those are
fit for job by HR department. Both departments work with full
corporation and if there is any loophole in this process then quality of
employees collapse.
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Roles and responsibilities of marketing
functions with other functional units.
Marketing and HR department: Then employees are hired those are
fit for job by HR department. Both departments work with full
corporation and if there is any loophole in this process then quality of
employees collapse.
Finance and marketing department: Finance department within an
organization is there for managing of funds and revenue within an
organization. Budget and allocation with expenses that has been
managed. In this identification of potential investors possible for
making sure that shortage of funds does not exists. Proper funds within
money that has to be fulfilled and funds is not available then business
activities of ZARA faces difficulties.
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Value and importance of marketing role in
relation to organization
Marketing has an important role for working of business organization.
This is an important procedure that makes promotion, selling about
services that is high in demand. Key procedures helps in appropriate
marketing, attention of customers can be gained in a proper manner.
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Significance of interrelation among various
functions
In order to achieve goals and targets of ZARA in proper way the
department of an organization. Interrelation within various functions
that has to be make sure that appropriate interaction and
communication possible with productivity of an organization to be
considered in proper manner.
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