Analysis of Marketing Roles, Responsibilities, and Recommendations

Verified

Added on  2023/03/29

|11
|391
|474
Essay
AI Summary
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.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Marketing Essentials
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Roles and responsibilities in regards to
marketing function
Duties in relation to organisational
context
Recommendations
CONTENT
Document Page
INTRODUCTION
Marketing is process by which product is available to its final
customers. By marketing awareness can be create so that
customers can know about product and services sold by company.
There are four elements of marketing.
Document Page
1.1 Roles and responsibilities of marketing
function
These elements are known as 4p's. The coordination of these
elements as given below.
Improvement, selection and determination of production
Finding the prices of goods and services.
Determining the distribution channel so that they can reach to its
final consumers
Development and identify the suitable promotional strategies.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
MARKETING FUNCTION
Document Page
Following are the marketing functions and its roles and
responsibilities.
Marketing information management(MIS): It is system which
help to take marketing decisions.
Distribution(Channel Management): This is key factor in an
organisation. By this product can be reach to it final customers.
Product ( service management): Product is another essential part
which is provided by firm to its customers
CONT..
Document Page
Pricing: This another factor which take into consideration
while providing final products to its customers.
Promotions: Promotional is very important for firm. By this
firm can create awareness among customers.
Selling: The main motive of marketing is to increase sales of
firm. It give more profits and growth to firm.
Financing: Marketing is done so that company can identify
wants and needs of customers.
CONT..
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
P2. How roles and responsibilities are
related with wider organisational context
Following are roles and responsibilities of marketing related to
organisation.
Market research
Product development
Market segmentation
Sales
Communication
Document Page
Firm is adopting different kind of strategies. For competitive
advantage they follow product strategies. Brand name loyalty can
be created through complimentary products. Image can be
improved through premium pricing strategies. The firm can use
unique advertising to promote their products. By this more
customer reach to company to buy their products.
RECOMMENDATIONS
Document Page
REFERENCES
Aaboud, M and et. al., 2017. Electron efficiency measurements
with the ATLAS detector using 2012 LHC proton–proton collision
data. The European Physical Journal C. 77(3). p.195.
Aad, G and et. al., 2012. Observation of a new particle in the search
for the Standard Model Higgs boson with the ATLAS detector at
the LHC. Physics Letters B. 716(1). pp.1-29.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]