Role of Marketing
The post of marting is to connect the traffic with its target grocery store. Marketing is the major link between the business and its customers. As the market changes and becomes more than competitive, the business asks to know and understand its target market so it can provide better service to its customers. self-made market will identify customer needs, and then, device price, promote and distribute the products and services that will satisfy these needs. This way the business goals of increased profit and a greater share of the market can be achieved. But continually researching customers and monitoring the business environment, marketing provides the information the business needs in instal to change direction on adjust its tactics by providing new product or changing existing products. The objectives and strategies of the marketing plan are used to determine the plans of the other functions such(prenominal) as operations, employment relations, and accounting and pay. CEO Geoff Dixon has recognised the design of marketing in business success and so continually researches its market and modifies its marketing strategies to meet customer needs and wants.
Marketing is perhaps the most primary(prenominal) activity in a business because it has a direct effect on favourableness and sales. Larger businesses will dedicate specific staff and departments for the objective of marketing.
It is important to realise that marketing cannot be carried out in isolation from the rest of the business. For example:
The marketing section of a business needs to work closely with operations, research and development, finance and human resources to check their plans are possible.
Operations will need to use sales forecasts produced by the marketing department to plan their production schedules.
Sales forecasts will also be an important part of the...If you want to get a full essay, aim it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment