Pearson BTEC HND Unit 2 Marketing Essentials: Task 1 Presentation

This presentation, created for a Pearson BTEC HND Unit 2: Marketing Essentials assignment, offers a comprehensive overview of marketing principles. It begins with an introduction to the concept of marketing, emphasizing its significance in modern business. The presentation then explores the marketing processes, including market analysis, target market selection, and the development of a marketing mix. It highlights the importance of marketing within organizations and society, covering topics such as employment opportunities, consumer satisfaction, and distribution channels. The core responsibilities of marketing functions are detailed, encompassing marketing information systems, distribution, product, pricing, promotion, selling, and finance. Key elements of the marketing function, such as advertising, promotion, and customer analysis, are also examined. The presentation concludes by illustrating the interrelationship of marketing with other business functions, such as research and development, information technology, customer services, and production. References to academic sources are included to support the presented information.

Marketing Essential
Task 1

Cover content
• Introduction
• Concept of marketing
• Overview of marketing processes
• Importance of marketing
• Responsibilities of marketing functions
• Key elements of marketing function
• Interrelationship of marketing with other functions
• References

Introduction
Marketing is an eminent part of modern business organisation. This involves
understanding of market, demand of consumers, building relations for
profitability and provide quality among customers. This presentation covers a
role and responsibilities of marketing functions with reference to business
environment within EE Network Company.

Concept of marketing
Marketing is the operational
function that helps in buying and
selling of products and services into
a marketplace in an effective manner.
This includes advertising,
promotional activities, publicity and
so on.

Overview of marketing processes
 Firstly, analysing the opportunities in the market.
 Secondly, selecting the target market for the chosen customers.
 Thirdly, developing the marketing mix as per the requirement of product of a
respective firm.
 Lastly, by managing the marketing efforts by the manager of EE network
company.

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Importance of marketing
Marketing for society or
consumer Marketing for organisation
Develops the living standard of living
by using specific products.
Marketing information: how and what
strategy should adopt.
Increase employment opportunities for
advertising, promotional activities to
attract their customers.
Assist in decision making through
distribution channel of marketing.
Increase consumer satisfaction level by
satisfying their needs, demand and
wants from a business firm.
Focus on distribution channel which
approach will be appropriate to attain
more profits by a business enterprise.

Responsibilities of marketing functions
• Marketing information system
• Distribution
• Product
• Pricing
• Promotion
• Selling
• Finance

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Key elements of marketing function
• Advertisement
• Promotion of goods or services
• Analyses of customer choices or preferences
• Assessment of current market and trends.
• Engaged in maximizing company sales volume.

Key elements of marketing function
• Advertisement
• Promotion of goods or services
• Analyses of customer choices or preferences
• Assessment of current market and trends.
• Engaged in maximizing company sales volume.