Analysis of Marketing Roles, Responsibilities, and Recommendations
VerifiedAdded on 2023/03/29
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Essay
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This essay delves into the essential roles and responsibilities within the marketing function, emphasizing their coordination through the 4Ps: product, price, place, and promotion. It discusses key marketing functions such as marketing information management, distribution, product/service management, pricing, promotions, selling, and financing, highlighting their significance in achieving organizational goals. The essay further explores how these roles relate to the broader organizational context, including market research, product development, market segmentation, sales, and communication. It concludes with recommendations for firms to enhance their competitive advantage through product strategies, brand loyalty, premium pricing, and unique advertising approaches. Desklib provides access to this document and other study resources for students.
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