Marketing management is the process where the economical measurement of competitor are examined and people needs are fulfilled. Read this document to know how to develop lots of marketing skills for successful business.
https://www.assignmentdesk.co.uk/marketing-assignment-help
ENVIRONMENT - Overview
Macro Environmental Factors
Factors Specific to Business & Task
Industry Analysis: Analyzing the Task Environment
SWOT Analysis
Resource-Based View (RBV)
VRIO Analysis
Value Chain Analysis
This marketing report has been fabricated to propose and implement a new creative marketing campaign for the recently introduced ID application for student beans. With a budget of £100,000 we aim to achieve 150,000 app downloads, with 50,000 verified users. Alongside this, we plan to greatly increase the awareness of the app to both our new and existing target market audience.
In order to accomplish the aims and objectives of the report, we firstly have to identify an appropriate target market based on a marketing segmentation, targeting and positioning analysis. Thus, we have specifically targeted students aged 18-24, within the top 20 highest populated universities in London (appendix 4). From this, our market research allows us to get a better understanding of the current social trends within the student lifestyle, permitting us to tailor our campaigns to their desires. Once a target market had been established, we undertook a marketing audit, consisting of; SWOT & TOWS analysis, PESTEL analysis, Porter’s five force and competitor analysis. This market analysis drew our attention to the continuous increase in mobile technology and the velocity of social media marketing. In conjunction to identifying the opportunities within the current market, we were able to decipher methods in which we can utilise said opportunities through our campaigns.
ENVIRONMENT - Overview
Macro Environmental Factors
Factors Specific to Business & Task
Industry Analysis: Analyzing the Task Environment
SWOT Analysis
Resource-Based View (RBV)
VRIO Analysis
Value Chain Analysis
This marketing report has been fabricated to propose and implement a new creative marketing campaign for the recently introduced ID application for student beans. With a budget of £100,000 we aim to achieve 150,000 app downloads, with 50,000 verified users. Alongside this, we plan to greatly increase the awareness of the app to both our new and existing target market audience.
In order to accomplish the aims and objectives of the report, we firstly have to identify an appropriate target market based on a marketing segmentation, targeting and positioning analysis. Thus, we have specifically targeted students aged 18-24, within the top 20 highest populated universities in London (appendix 4). From this, our market research allows us to get a better understanding of the current social trends within the student lifestyle, permitting us to tailor our campaigns to their desires. Once a target market had been established, we undertook a marketing audit, consisting of; SWOT & TOWS analysis, PESTEL analysis, Porter’s five force and competitor analysis. This market analysis drew our attention to the continuous increase in mobile technology and the velocity of social media marketing. In conjunction to identifying the opportunities within the current market, we were able to decipher methods in which we can utilise said opportunities through our campaigns.
Rewiring marketing: a practice based approachBrowne & Mohan
Many marketing managers are not aware if they are leveraging marketing efforts correctly or getting the returns that they anticipated. Often people believe transforming marketing is all about creating some digital assets. Marketing transformation is not piece meal improvement. The primary purpose of a marketing transformation is to increase the ROI of marketing your company. In this white paper, Browne & Mohan consultants share a practice based approach to marketing transformation.
Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customers’ relationships in ways that benefit the organization and its stakeholder.
1. Definition and importance of Relationship Marketing
2. Evolution of Relationship Marketing
3. Fundamental Principles of Relationship Marketing
4. Expanded Marketing Mix
5. Drivers of Relationship Marketing
6. Elements of Relationship Marketing: Quality, Customer Service and Marketing
Marketing, such a loosely used word in the business world and a treacherous task to undertake as a business owner. Businesses make or break on their strategies and developing a thorough marketing strategy is essential to any businesses success, small or large. So many questions arise when developing a marketing strategy. Where do I spend my money? How do I differentiate myself from my competitors? How much should I spend on online assets? Do I need to hire a marketing director? The questions could go on forever but one must know marketing basics and how to leverage not only a well-defined marketing budget but time, energy, and creativity to stand out of the crowd when trying to communicate with their target audiences.
The 4 P’s of Marketing: Confessions of a Guerrilla Marketer presented by the Innovation Center will address the very fundamentals to building a marketing strategy that encompasses understanding product/service, price, place, and promotion, the four p’s of marketing. The training session will also provide insight on how to become a guerrilla marketer and to stay top-of-mind when consumers are ready to make a purchasing decision. Guerrilla marketing was founded by Jay Conrad Levinson and was developed to help provide a system for businesses that don’t possess large marketing budgets like big brands, McDonald's or Nike, to market themselves in unique methods to earn the attention of their audiences and to increases sales revenue.
View the Upcoming Workshops page to see when and where the workshop will be held next. If you are interested in hosting a 4 P's of Marketing: Confessions of a Guerrilla Marketer workshop session in your community please contact the Innovation Center's Lynn Wilson, 918-343-7622, or by email, lwilson@rsu.edu.
Marketing Performance Analysis by Customer Relationship Marketing, Market Ori...inventionjournals
This study tried to determine and analyze the performance of marketing through customer relationship marketing (CRM), market orientation, and the image of Islamic Banks in Kediri, East Java, Indonesia. The population in this study some 65 873 customers who have savings in five Islamic Banks. Testing of the model is done with Generalized Least Square Estimation (GLS), analysis of structural equation modeling (SEM), proportional random sampling method and software assistance Amos 22, on 397 respondents. The test results model (fit) seen from the GFI, AGFI, TLI, CFI, RMSEA and CMIN / DF, each of which amounted to 0.915, 0.901, 0.949, 0.953, 0.063 and 1.497 are all that are in the range of expected values so that the model can be accepted.The results showed that: customer relationship marketing (CRM), market orientation, and image effect on the competitive advantage of Islamic Banks in Kediri. CRM, and market orientation affect the marketing of Islamic Banks Performance in Kediri. The company's image does not affect the marketing of Islamic Banks Performance in Kediri.It is suggested that the bank to constantly improve its image. This can be done by giving the concern for the surrounding community as the company's involvement with social activities. Thus the social programs that the company will be able to form a personality, raise the reputation of companies before the general public.
MKT574 WK1 Assignment Concepts and Applications WorksheetWorksIlonaThornburg83
MKT/574 WK1 Assignment: Concepts and Applications Worksheet
Worksheet
Name:
Question
Answer
Application
Citation
What is marketing?
Marketing is a process through which an organization engages the target market to build strong relationships and, in return, get sales.
It involves the promotion and selling of products or services and will involve much research and then advertising.
The marketing department in the company implements this.
Several strategies can be applied: social media marketing, email marketing, conversational marketing, TV advertising, and direct selling.
(Blythe & Martin, 2019)
What are common misconceptions of marketing?
Marketing misconceptions are wrong thoughts that people have about how to approach marketing. The following are some examples:
1. Small businesses do not need marketing-this misconception leads many small businesses to fail.
2. The marketing plan only involves advertising-this is not true because marketing plans do not only use the traditional advertising strategies today.
3. A business does not need to market to existing customers-this is a severe misconception because keeping customers involves keeping them engaged or through.
Having marketing misconceptions costs the business because it fails to fully take advantage of marketing strategies that can help to bring in more customers and keep the loyalty of the existing customers.
An example will be a scenario where the business fails to advertise because it feels that it has enough customers.
(Pride & Ferrell, 2021)
What role do value and exchange play in marketing?
Value is the difference between what the customer perceives to be the product's benefit and the product's cost compared with other products. It plays a critical role in determining the worth of the product being provided in the market.
Exchange is what happens when people trade products or services. The role of the exchange is to provide utility which means that the product the company is selling should be less in value than the benefits.
Value and exchange result in profit for the business.
Value and exchange provide a means for a company to determine the best marketing strategies and set the correct prices. The goal is to ensure that the company can gain profits throughout the whole process.
(Wood, 2016)
What is the marketing mix? [Hint: 4Ps]
The marketing mix can be considered the tactics that any business uses to promote its product(s) or service(s) in the market.
It is centered around the 4P's: price, place and promotion of the product or service. These 4P's interact significantly with each other and, they are usually limited in different ways by both internal and external issues.
The marketing mix is necessary to help companies identify what the customers want, how the product or service they are producing meets that need, how it is perceived in the market, and the competitive advantage compared to competitors.
The marketing mix is a marketing tool that determines the specific aspects t ...
This report discussed various important concepts of marketing in greater details with appropriate examples. Segmentation, targeting and positioning and 4 P’s are the main principles of the marketing.
Rewiring marketing: a practice based approachBrowne & Mohan
Many marketing managers are not aware if they are leveraging marketing efforts correctly or getting the returns that they anticipated. Often people believe transforming marketing is all about creating some digital assets. Marketing transformation is not piece meal improvement. The primary purpose of a marketing transformation is to increase the ROI of marketing your company. In this white paper, Browne & Mohan consultants share a practice based approach to marketing transformation.
Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customers’ relationships in ways that benefit the organization and its stakeholder.
1. Definition and importance of Relationship Marketing
2. Evolution of Relationship Marketing
3. Fundamental Principles of Relationship Marketing
4. Expanded Marketing Mix
5. Drivers of Relationship Marketing
6. Elements of Relationship Marketing: Quality, Customer Service and Marketing
Marketing, such a loosely used word in the business world and a treacherous task to undertake as a business owner. Businesses make or break on their strategies and developing a thorough marketing strategy is essential to any businesses success, small or large. So many questions arise when developing a marketing strategy. Where do I spend my money? How do I differentiate myself from my competitors? How much should I spend on online assets? Do I need to hire a marketing director? The questions could go on forever but one must know marketing basics and how to leverage not only a well-defined marketing budget but time, energy, and creativity to stand out of the crowd when trying to communicate with their target audiences.
The 4 P’s of Marketing: Confessions of a Guerrilla Marketer presented by the Innovation Center will address the very fundamentals to building a marketing strategy that encompasses understanding product/service, price, place, and promotion, the four p’s of marketing. The training session will also provide insight on how to become a guerrilla marketer and to stay top-of-mind when consumers are ready to make a purchasing decision. Guerrilla marketing was founded by Jay Conrad Levinson and was developed to help provide a system for businesses that don’t possess large marketing budgets like big brands, McDonald's or Nike, to market themselves in unique methods to earn the attention of their audiences and to increases sales revenue.
View the Upcoming Workshops page to see when and where the workshop will be held next. If you are interested in hosting a 4 P's of Marketing: Confessions of a Guerrilla Marketer workshop session in your community please contact the Innovation Center's Lynn Wilson, 918-343-7622, or by email, lwilson@rsu.edu.
Marketing Performance Analysis by Customer Relationship Marketing, Market Ori...inventionjournals
This study tried to determine and analyze the performance of marketing through customer relationship marketing (CRM), market orientation, and the image of Islamic Banks in Kediri, East Java, Indonesia. The population in this study some 65 873 customers who have savings in five Islamic Banks. Testing of the model is done with Generalized Least Square Estimation (GLS), analysis of structural equation modeling (SEM), proportional random sampling method and software assistance Amos 22, on 397 respondents. The test results model (fit) seen from the GFI, AGFI, TLI, CFI, RMSEA and CMIN / DF, each of which amounted to 0.915, 0.901, 0.949, 0.953, 0.063 and 1.497 are all that are in the range of expected values so that the model can be accepted.The results showed that: customer relationship marketing (CRM), market orientation, and image effect on the competitive advantage of Islamic Banks in Kediri. CRM, and market orientation affect the marketing of Islamic Banks Performance in Kediri. The company's image does not affect the marketing of Islamic Banks Performance in Kediri.It is suggested that the bank to constantly improve its image. This can be done by giving the concern for the surrounding community as the company's involvement with social activities. Thus the social programs that the company will be able to form a personality, raise the reputation of companies before the general public.
MKT574 WK1 Assignment Concepts and Applications WorksheetWorksIlonaThornburg83
MKT/574 WK1 Assignment: Concepts and Applications Worksheet
Worksheet
Name:
Question
Answer
Application
Citation
What is marketing?
Marketing is a process through which an organization engages the target market to build strong relationships and, in return, get sales.
It involves the promotion and selling of products or services and will involve much research and then advertising.
The marketing department in the company implements this.
Several strategies can be applied: social media marketing, email marketing, conversational marketing, TV advertising, and direct selling.
(Blythe & Martin, 2019)
What are common misconceptions of marketing?
Marketing misconceptions are wrong thoughts that people have about how to approach marketing. The following are some examples:
1. Small businesses do not need marketing-this misconception leads many small businesses to fail.
2. The marketing plan only involves advertising-this is not true because marketing plans do not only use the traditional advertising strategies today.
3. A business does not need to market to existing customers-this is a severe misconception because keeping customers involves keeping them engaged or through.
Having marketing misconceptions costs the business because it fails to fully take advantage of marketing strategies that can help to bring in more customers and keep the loyalty of the existing customers.
An example will be a scenario where the business fails to advertise because it feels that it has enough customers.
(Pride & Ferrell, 2021)
What role do value and exchange play in marketing?
Value is the difference between what the customer perceives to be the product's benefit and the product's cost compared with other products. It plays a critical role in determining the worth of the product being provided in the market.
Exchange is what happens when people trade products or services. The role of the exchange is to provide utility which means that the product the company is selling should be less in value than the benefits.
Value and exchange result in profit for the business.
Value and exchange provide a means for a company to determine the best marketing strategies and set the correct prices. The goal is to ensure that the company can gain profits throughout the whole process.
(Wood, 2016)
What is the marketing mix? [Hint: 4Ps]
The marketing mix can be considered the tactics that any business uses to promote its product(s) or service(s) in the market.
It is centered around the 4P's: price, place and promotion of the product or service. These 4P's interact significantly with each other and, they are usually limited in different ways by both internal and external issues.
The marketing mix is necessary to help companies identify what the customers want, how the product or service they are producing meets that need, how it is perceived in the market, and the competitive advantage compared to competitors.
The marketing mix is a marketing tool that determines the specific aspects t ...
This report discussed various important concepts of marketing in greater details with appropriate examples. Segmentation, targeting and positioning and 4 P’s are the main principles of the marketing.
Essay about Marketing Definition
What Is Marketing?
Marketing Principles Essay
Marketing Definition Essay
Marketing Management Essay
The Marketing Mix Essay
Essay about What is Marketing
Online Marketing Essay
Marketing Strategies Essay example
Essay on Marketing
Marketing Analysis Essay
Social Marketing Essay
Running Head MARKETING COMMUNICATION AND BRAND STRATEGY .docxcowinhelen
Running Head: MARKETING COMMUNICATION AND BRAND STRATEGY 1
MARKETING COMMUNICATION AND BRAND STRATEGY 5
MARKETING COMMUNICATION AND BRAND STRATEGY
Regina Snedecor
MKT/571 Marketing Management
April 15, 2017
Heidi Kelley
Marketing Communication and Brand Strategy
Branding in business is the process by which goods or commodities of a company given names that can easily identify in the market. Branding is an essential thing when it comes to business; this is an active brand has a guaranteed long life; this is because will shift from the commodity itself but settle on the name. Various things attributed to a powerful brand that will ensure that the company will be able to have a product that will sell itself just by the mention of the name. This paper will come up with an efficient manner or rather strategy of setting a brand. Marketing communication, on the other hand, is defined as the plan established by the company so that it can be able to reach its desired customers. The company will have to pick as accurate communication that will help them achieve the market communication plan.
In coming up with a proper marketing plan it is fundamentally based on the objectives of the company, and there are the essential 4ps that are not to be forgotten, they are a place, promotion, price, and product. Situational analysis is used by managers in a collection of data to be able to analyze the internal and external environment to understand the capabilities of the customers and the business climate. The following are the situational analysis when coming up with a brand operational requirement to pick and analyze to be able to understand the dynamics of the environment and the expectations of the clients (Donthu, 2000).
Vision, mission, strategic objectives.
For any successful brand, the needs of the client ought to come first this is because they are the people in whom the business intends to consume the product. Therefore, the vision of any successful brand should be towards customer satisfaction and meet their needs. The objectives of a business are what firstly dictates its survival in the firm. The values and strategic goals of any business should be carried out with the thought of the client this will assist in fulfilling the desires of the customers and coming up with an effective brand.
Strength/weaknesses
For a successful brand to build a SWOT analysis should be conducted, this will be able to identify the place in which the business holds in the market. When strengths identified, the business will be able to capitalize on the power; this will be able to overshadow the weaknesses that identified when the company settled. For instance, a brand that is being set up in the clothing industry, if they had a strength of making clothes with better fabrics compared to their competitors and their weakness is that it would likely face a shortage of supply. The business n ...
Hi Emmanuel, You earned a grade of F on your assignment (57)..docxpooleavelina
Hi Emmanuel,
You earned a grade of F on your assignment (57%). Assignment One covered an introduction, mission statement, goals, environmental analysis, and SWOT/Needs analysis. After addressing these elements, you should have been ready to move onto the second step of your marketing plan, Assignment Two. Remember, reading and including feedback is crucial in improving. Please review the feedback below. In order to score highly, more effort needs to be put forth. It important you make changes now in order to have everything needed for your final project.
You did not describe feedback received. You did not explain how feedback will be used to improve the marketing plan.
Brand Strategy: You did not provide a brand promise and did not provide all the executional elements that support the brand. These include the brand name – why? What does it mean? Brand logo – what is it, why does it work?;Brand slogan, should be short, emotional, and memorable - "Just Do It" or "A diamond is forever." Brand extension – what is a natural fit to grow your brand and company? All these executional elements need to be designed to support your brand. This was not clearly explained.
Target Market: You did not provide the demographic profile (e.g., age, gender, ethnicity, etc.), psychographic profile, professional profile, geographic profile, and any other segmentation variable you deem necessary. There is no such thing as a target market of everyone and this does not seem clear in your description. See pages 93-104.
Positioning Statement and Perceptual Map: You did not submit or incompletely included a perceptual map that shows your company’s position against its competitors. Who are the competitors? What are their positions? How does that compare to your position? See textbook pages 107-113. You did not share a fully prepared positioning statement that included who you are talking to, who are you better than and why you are better. Be very realistic in this comparison. You can't be the best with the lowest price. Think of three legged stool with Quality, Service, and Price as the legs. If you have the lowest price - your quality and service need to match that; otherwise you have a lopsided stool.
Consumer Behavior: There is little connection between your branding promise, the executional elements of your brand and the first step of need recognition in the consumer buying process. You did not examine relevant consumer behavior of your target market (also, your target markets are too broad. Considerations should be: age, lifestyle values, attitudes, wants and needs, gender, age, number of kids, education income, stage in the household lifecycle, geographic location (urban vs. rural, etc.), or risk orientation, etc.). You need to explain more about your target market's consumer behavior - lifestyle values, attributes, wants and needs, etc. with the brand name, logo, slogan, brand extension, and positioning statement. Why will your brand promise will resonate with them ...
Strategic Marketing helped to develop an appropriate plan to create communicate with the customers and increase the demand of product. Read this report to know more about strategic marketing.
MARKETING PLAN
Marketing Plan
Jessica Peterson
Rasmussen College
Author Note
This paper is being submitted on July 26th, 2015 Elisa Frederick’s Advanced Principles of Marketing
Marketing Plan
Positioning Strategy
Alliance Marketing Consultants offers organizations, government foundations, non-government associations (NGO), and people solid, brilliant, and financially savvy counseling administrations for different purposes. This key aspect makes the company unique and separates it from the competitors. It targets the services that plainly decrease business expenses and upgrade working benefits in a sensibly brief time of time will locate a ready corporate business sector. The decision mapping approach is another key aspect which separates the company from the competitors, as it spares both time and cash as it hones concentrate as to the accurate work which should be proficient in our staying counseling or statistical surveying work for your organization.
Product Strategy
Production strategy refers to the pattern of decisions or actions that the organization takes to produce goods or services. Alliance Marketing Consultants always puts in mind the following Production Strategies while developing a new product.
· Investment to made for production
· Technology to be used for production
· Training to be given to the production staff
· Production schedule to be followed
· Goods and services to be produced
· When to introduce the product
With these strategies identified and determined, it then becomes easier to counter the available competition by making the product unique when compared to those offered in the market.
Pricing Strategy
Penetration pricing is the best strategy for Alliance Marketing Consultants. It is not similar to price dealing, which some marketers market temporary low prices to new products when first hitting the market Penetration pricing is a perfect strategy for a new business entering into the new market and looking to build on a moderate market share. The demand for the product is consider to be elastic, i.e. the demanding prices and new consumers will be attracted to Alliance Marketing Consultants, and customers that are willing to buy more for a low price. Alliance Marketing Consultants will be successful if the strategize the penetration strategy correctly to lead to great sale volumes and market shares. It will be marketing their services with affordable pricing will attract more sales, after which the prices will shoot with a small margin
Distribution Strategy
Distribution channels determine how a business will reach the customer. As the products and services move through the distribution channel to the customer, a price mark-up occurs at each stage of the network. Alliance Marketing Consultants distribution strategy is to use a direct distribution channel with an e-commerce component. The target market includes commercial customers with retail, places of worship, health facilities, and restaura ...
marketing for dummies / introduction to marketing / what is marketingskyrocketskyrocket
MARKETING for dummies. This presentation will explain in detail in a way anyone, person, institution or organization will comprehend. These subjects will be explained:
WHAT IS MARKETING
MARKETING PROCESS
ROLES OF MARKETING
MARKETING ORGANIZATION STRUCTURE(MOS)
Marketing can be known as a management process responsible for IDENTIFYING, ANTICIPATING and SATISFYING customer requirements profitably.
And more will all be explained in this presentation, don’t forget to like if you enjoyed the presentation and visit our website for more info at www.skyrocket.ezyro.com. Enjoy!
Running head: MARKETING 1
MARKETING 6
Marketing Plan
Kristin Velix
Dr. Burger
Mktg 500
Marketing Plan
A brand is the image of the organization to the business world. It entails the principles of the company and how it carries out its activities. It is imperative that a good brand is established to provide the pride for both the workers and the clientele for being associated with the company. Developing a brand involves building a culture. The principles of business practice must be observed at all times in the dealings of the firm both in business-related and non-business engagements (Aaker, 2013). Stansoft software Corporation’s core values can be summed up as Dependable, Authentic, Reliable, and Efficient (DARE). DARE is guided by the company's slogan which is "A Change for the Better," and the mission of the business which is to make it possible for people in different parts of the world realize their full potential in their daily life by offering the best quality services to our clients at their convenience in terms of time and price. We will always be there to provide our services and products no matter the situation.
Moreover, our pricing policy will be structured in such a way that it corresponds to the market forces of demand and supply. Furthermore, the business will offer competitive prices that are lucrative to the customers as compared to other competitors. Our distribution will significantly depend on the reach of potential clients, and as such we will focus on brand development to increase the market base (Armstrong et al., 2015). The company will adopt a logo which best defines our brand. Because we focus on software production, our logo is based on items that relate to software which are technological gadgets such as laptops. The logo will be distributed and placed everywhere for the potential clients and employees to see.
Other aspects of the brand development which needs particular focus include creation of a voice for the Stansoft Software Corporation which will champion the brand; a celebrity figure who is associated with the values of the company, integration of the brand in all our services and products including phone calls, signatures, salespeople dressing codes and business outlet paintings. It is essential to be consistent and faithful to the brand to make it a permanent culture in the organization. Consistency begets dependability from our clients, and thus they can easily recommend our brand to new customers based on their excellent experience while doing business with us. Moreover, consistency will ensure that our business culture is ingrained into our practices and the employees can efficiently practice the set standards with minimal supervision due to the establishment of a routine (Luxton et al., 2015).
The company has competition in the market which needs the strategic review to achieve our goal of being the leader in the industry. Competition faced is from within the organization's pr ...
Consumer needs and wants are filled with market offering of products and strong customer brand
engagement. In organizations importance of marketing process, orientation elements, STP,
Marketing Mix, Consumer Insights are being illustrated here. Above all the role of marketing in
creating values for customers and ways of maintaining strong brand loyalty and customer
engagement with practical examples are described in this assignment. Authoritative achievement
to a great extent relies on upon the dynamic promoting techniques it takes to maintain in the
aggressive commercial center
To ensure the development of the employee and organizational success companies need to take various measures for the planning and successful growth. Read this document to know more about it.
How Strategic Management Helps in the Accomplishments of Goals in an Organiza...www.assignmentdesk.co.uk
Strategic management plays a very vital role as it helps in the development and growth of an organization. It increases the market share and
productivity as well. Read this sample report to know more about strategic management and its theories.
Analysing The Role Of Leadership and Management Style on the Performance of E...www.assignmentdesk.co.uk
It is rightly said that different types of leadership and management cause huge impact upon the performance of employees. Read this sample report to analyse the theoretical aspect of motivation and leadership for the business unit and how it will affect the performance level of employees.
Global Marketing is done in order to improves the effectiveness of your company's products and services. Read this document to know the global marketing and communication strategy of NIKE.
https://www.assignmentdesk.co.uk/marketing-assignment-help
Business Strategy can be termed as various strategic plans designed and improvised in order to achieve business growth.Read this summarized business strategy report to get more information about Primark group
How Do you Differentiate in Financial Accounting and Management Accounting?www.assignmentdesk.co.uk
Financial and management accounting is done by undertaking various measures. In this document we have explained about various financial and management accounting parameters by which they both can be differentiated.
https://www.assignmentdesk.co.uk/finance-assignment-help
Analysis On Financial Requirements Of The Business For Achieving Successwww.assignmentdesk.co.uk
This report is all about Financing Entrepreneurial Initiatives, it explains the existing skills of an entity in order to take external market fund to strengthen their enterprise. Read This article written by experts of Assignment Desk UK, we have mention complete information about all the Financing Entrepreneurial Initiatives.
This PPT is drafted to explain the Communication in Health and Social Care Organization to develop good communication skills among work forces. So, take benefits of assignment writing service at Assignment Desk to maintain healthy communication in the staff.
Travel and tourism is one of the famous and popular industries among the people. Read this document report to know about current structure of travel and tourism sector and all their external and internal factors.
Tourism sector is the fastest growing industry which contributes a great extent in global economic development. Read this sample to know about various tasks involved in tourism development planning.
Strategic management is the continuous process of planning and monitoring to meet goals. Read this detailed report on analysis of strategic management in the market of an organization.
Financial decisions are crucial part of business activities because it has direct impact on the liquidity of its operations. Read this sample report to know about various task of financial analysis.
Research is highly dependent upon the skills and knowledge of researcher. Read this document shared to know about assessment of different types of research methodologies.
Assignment Desk is the most leading assignment service provider in UK. Read this Infographic to know how you can avail best assignment help services from our experts.
https://www.assignmentdesk.co.uk
Proper Management Activities can be accomplished by resourceful planning and suitable implementation. Read this document to know more about various task involved in managing activities to achieve targets.
International Business is considered as an effective approach of selling the products and services across the world. Read this document to know about different market strategies.
There are various functions involved in Human Resource Management in an organisation. Read this document to know about the differences between Personnel management and HR management written by our proficient writers.
For more visit: https://www.assignmentdesk.co.uk/
Case study on inter-cultural communication related problems in Nordic subsidiary with the causes and consequences of linguistic and cultural barriers to inter-cultural communication in Japan.
This Report is based on different investment appraisal tactics through which an organization is able to select best investment alternative for business expansion that would increase profitability of company and reduces risk related to investment from Assignment Desk UK
Report on better business plans and appropriate sales Strategies for Companies to enhance their market share in quick time with example of Enviro Cars Ltd in which Jack & Thomas run a successful partnership business in electric car dealership in England.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
A Critical Evaluation of Current Marketing Management Theory
1. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Critical Evaluation
of the
Contribution of Current
Marketing Management
Theory and Practice
2. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Table of Contents
INTRODUCTION ......................................................................................................................1
TASK 1.......................................................................................................................................1
Task 2.........................................................................................................................................4
Dynamics and Trends in the Marketing Environment .................................................................4
Task 3.........................................................................................................................................7
Relevant theories about Profitability, market share and sustainability -.......................................7
References ................................................................................................................................12
A Sample Report on Current Marketing Management Theory
To Buy Complete Assignment From Us:
Contact Us:
Phone No.: +44 203 8681 670
Mail Us: help@assignmentdesk.co.uk
Website: https://www.assignmentdesk.co.uk
3. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
INTRODUCTION
Marketing management is determined the process where the needs of people are fulfilled.
It states as some basic needs such as clothes, food, home . It is the systematic way to aims on the
working activity to form the marketing orientation. It is a way where to examine the competitive
and economical measurement. It consider the marketing models and analysis(Dyer, Song, 2015.
). It aims on implementing the weakness on TESCO. It is an essentials which invest in searching
and collecting data of customer which are analyzed over the organization in market. Marketing
management increases needs and demands according to trends in an organization. An
organization formulates and overlook on organization and it examine the environmental and
competitive area(Ball, et.al. 2012). Ana organization has goal to make over the business with
strength weakness threats and opportunity. It works on the basic concept which beats the
competitors in market. It is the successful business which aim to develop lots of marketing skills
and they challenge to promote the future progress in the organization.
TASK 1
Marketing management is system to manage marketing strategy and the position to
understand the appreciation value of market. It gives opportunity to perform and learn about
work and their roles and responsibilities with high qualification. This process focus to
understand the needs and choice of customer(Bejou, Palmer, 2013). The cited firm build
customer relation to satisfy the needs of customer and to be competitive nature at the entire
market. Their knowledge are highly qualified by workers and the methods are framed for the
employers to build successful career(Baker, Saren, 2016). The cited firm consider the marketing
philosophy and the various concept of the marketing strategy. It means to seamless where to
simplify the high range of skills and capabilities. It considers criteria for marketers and it
generates the methods or techniques for benefit of objectives marketing. It leads to market place
and judge the performance which gives the opportunity for the business and several activities
such as promotional Campaign.
TESCO adapt the marketing philosophy and the models they apply to run their business
in successful manner such as follows:
4. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Market orientation – It is the traditional desires of the customer which is most effective
and expressed for the development of an organization (Bozarth, Handfield, 2016). It also
considers the improvements for the awareness and being the option in the area of market. It
promotes for the long term development. It is very effective and it meets the expectation with
business and customer needs.
Social Marketing strategy – It is one of strategy where it becomes special in the market
and it targets to lead analogues to judge. They works to implement and accomplish the product
and their services. It is process which encourages to develop programs for conflict and maintain
the behavior of the organization. It supports for deciding the marketing strategies and mixing up
ideas of the market and the people whom work with as well as the nature. It is to examine how to
judge the performance(Carraher, Paridon, 2015). The target of marketing is to modify and
maintain the behavior of many individual. It increases skills and attitude in the social market.
Holistic Marketing – It is one of the sector which it includes the business as whole
market in various parts. It includes connection in the market area at every department. It
determines the competition for the customer to purchase the product. This strategy applied on an
organization and has a study on right product consider the right price in the organization. It
varies the successful and best opportunity to work individually in an organization working on
opinion of traditional way(Chan,He,Wang, 2012).
There are the four basic elements of the marketing mix approach which TESCO are as follows:
Product – It includes goods and services as it includes what is customer needs and the
satisfaction with the goods. The particles or substances are included are costly. It is
branded and what to people known for that product it is maintained.
Place – It the destination where the product to purchase and how to access and it is
available in stores.
Price – what is the exact value of the products and the discount are provided or not and it
will increase according to the needs and demand of the customer.
Promotion – It is the area to achieve goal and make the place in the market area. It
increases the competitors and easily beat competitors and good time to promote in the
seasonal and according to environment.
Relationship Marketing – It is the policy which is based on customer honesty and maintain
their loyalty. It increases the interaction level to maintain relation for the long far and this
5. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
provide the interests in communicating more customer and understand their mentality. It focuses
to build the relation strongly and maximize the value of customer(Chaston, 2014). It considers
the improvement in the internal options and they apply the new methods if the changes done in
the products. Relationship can be maintain the happiness of the customer. The online made the
simple method to understand and acknowledge the information about the products(Coombes,
Nicholson, 2013). Consumer feels important as most of the people offer that very product and
tell other as the “it is ultimate good and please have it”. It considers the feelings and wishes that
the customer requires. With the relation of individual to individual and conduct the business in
TESCO. They maintain the customer profile and the base of the sales. The accounts are to be
very executive over the organization for the development.
Performance Marketing – It is the process where the advertisement plays role on the
basis of performance. Marketing is the officially attachment where it is one of largest. It
receive the large portion of sales. It is system which interact the peoples where the price are set.
It creates as opposed and to sell their products and the services(Cova, Kozinets, Shankar, 2012).
It is based on the cost which it considers the special feature with the effective performance so it
easy to get the value of the product. It is based on technique of cost per click which is the best
way to raise the production and attract the customer easily. It is to advertise on website and the
strongest method where simply it based on demand and the supply of the products in the cited
firm.
Internal Marketing – It is one of most important instrument for an organization to
achieve target and it is based on the strategies they allow to follow approach. The employer's
appreciation, attitudes and their effort where the quality of the product they present to the
customer(Dyer, Song, 2015). It is simplest medium to educate the customer about the benefit and
their use. In this approach the customer view is most important. It maintains the attitude of the
organization to develop their productivity and their performance. They consider inside the
organization as well as employees who works in an organization. It's necessary to cooperate and
communicate the information as well as efforts of employees which are based on performance of
an organization. It's important to coordinate the efforts of employees to strengthen the
performance of the company.
Task 2
6. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Dynamics and Trends in the Marketing Environment
To understand the marketing environment and its trends and dynamics of the Tesco ,
which dealing with FMCG department, the fast moving consumers goods that is house holding
products, Company must have a knowledge of internal and external forces in marketing
environment(Eastman, Iyer, Thomas, 2013). FMCG department wants to grow more in the
market with the confectionery section. This is a fast moving consuming goods that means a short
life products. So while preparing marketing strategies must consider these facts. Business
environment plays also an important role in the company’s portfolio. It depends on internal and
external forces which can be defined through PESTLE, Porter’s five forces. There are market
theories to define how FMCG department can increase the market share, improves market
sustainability and increase market profitability.
The marketing environment is combination of the internal and external forces which surround an
organization, and both the things have an impact upon marketing. This consists of the Macro and
Micro environment.
Macro environment includes the social, economic,political and legal forces. Demography and
technological forces also affect the macro environment(Foxall, 2014). Macro factor can be
defined with the PESTLE analysis. Its expended from denotes that are-
Political
Economic
Social
Technological
Legal
Environmental
Its give bird's eye view of the whole environment from different angels. These forces can not be
changed by the organization but they can prepare themselves for the changes(Eisenberg,
Trethewey, Goodall, 2013).
Micro environment consists of the forces that closely and direct influenced the company, these
are employees,suppliers, customers, competitors, marketing intermediates,shareholders, public
etc. this can be defined with help of the Porter's five forces tools. This is a five forces analysis
that determine competitive power n a business that includes-
Supplier Power
7. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Buyer power
Competitive rivalry
Threats of substitution
Threats of new inventories
It helps to understand the strength of the current position and the strength of that position which
is considering to move.
Marketing dynamics- the changes related with environment can turn the marketing growth of a
company or its product. A company must take into account their marketing plan adjust as the
changes in the environment occur(Hutt, Speh, 2012).
The prior change of environment dealt with the social changes as this company Tesco has many
stores that have many department related with many products and services, so to deal with social
changes is more crucial than other changes. FMCG department of any company have to provide
products on the desire of the consumers, as every person have different choices of taste and when
choices comes on large scale like social than managed all the demand is really a hard task, which
is done by FMCG department(Mullins, Walker, Boyd, 2012).
The second environmental change is demographically, it is related with the person's age, race ,
nation. A company must select the certain group to target because most often what one certain
group likes another will not like. For example in FMCG department there are many option of
eating product and other product for all age groups, from a family prospect they always prefer
one destination to full fill all demands of all family members(Perreault, Cannon,
McCarthy,2013).
Economics conditions are third environmental change in the business, they have to deal with
economics condition some time economy is doing well they can achieve their target easily, some
time economy face slump period they must drop their prices, give discounts and prices scheme to
stir up the interest of customers in their products(Shani, Chalasani, 2013).
Marketing environment changes can be understand with SWOT analysis-
This analysis act as a tool for scrutinize an organization and its environment. In the marketing
this is a first stage of plan marketing strategy to focus on key elements of target market.
SWOT is place for-
Strengths
Weakness
8. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Opportunities
Threats
Strengths and weakness are related with internal force and opportunities and threats are external
force. Both the combination has its positive and negative aspects like strengths are positive and
weakness indicates internal negative factor of the company. The purpose of this analysis add
value to the products and services(Wilson, Gilligan, 2012). For an FMCG department strength
and weakness which is from internal factors are-
Strength could be-
Marketing expertise
New innovative product
Location
Quality process and procedure
Other factor that add value to the business.
Weakness could be-
Lack of marketing expertise
Same products
Damaged reputation
Low quality in good and services
Opportunities and threats which are external factors-
opportunities could be-
Use of new technologies, such as online marketing.
Joint ventures ans mergers
New market segment to improve profits and gains
Enter into International market segment.
Quit by an ineffective competitors.
Whether Threats could be-
Threat could be-
Arrival of new competitor in the market
Price wars with competitors
Arrival of new innovative product by competitor
Undertake the market by competitors
9. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
competitor have strong access of distribution channels in the market.
To achieve marketing objectives this tool can be used in simultaneously with the other tools for
analysis(Eisenberg, Goodall, Trethewey, 2013). SWOT is very popular marketing terms, but
there are some conception that should be follow while using this tool-
Real analysis of strengths and weakness
Distinguish between the situation where the the company stand now and where it could be in
future. Always apply this tool in relation to competition. It is subjective.
scrutinize this simple and short and understandable. It should be specific.
FMCG department of Tesco can overcome the weakness and threats and increase the add value
in profits. In confectionery department they can provide those products which can divide into
three segments, one segment which must be related with the kids, next can be related with
women and other with men, every person have the different taste and choices because taste
matter a lot to every one in any way(Chaston, 2014). So Tesco's FMCG department can innovate
a new product healthy and tasteful and which is not in the market at present.
Task 3
Relevant theories about Profitability, market share and sustainability -
Marketing environment has great impact on the market, and marketing department make
their strategies according to this. To understand marketing environment there are may theories
which gives correct view or sense of marketing which is helpful to accomplishments of
marketing goals(Carraher, Paridon, 2015).
As a marketing manager of the brand Tesco' FMCG department in U.K., it is important to
understand where the company standing now and what the future position is consider. To
undertake the market with the products or desired product by the people, marketing department
must have a relevant field work, determined marketing person. In a confectionery segment there
are tough competition in the market. Because there are many other brands are ready to give
competition(Baker, Saren,2016. ). There are some marketing theories by this marketing team can
understand the facts one of them are-
Ansoff Matrix
SWOT Analysis
10. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
The GE matrix
Porter five Forces
PESTEL Analysis
The Marketing Mix and other theories relevant with marketing.
The Ansoff Matrix is used to develop strategic options for businesses. Like SWOT it is also
common tool to analysis the market. It can be divide into four part of strategies for existing
product and new products and market activities(Bejou, Palmer, 2013). The four factors are-
Market Penetration
Product Development
Market Development
Diversification
Market penetration
Market Penetration- this strategy focuses on increasing the volume of sales of existing products
to the company's existing market. This can be depend on two questions-
How can defend market share?
How can grow the market?
Product development- in this part strategy focuses on reaching the existing market with new
products along with the question-
How can expend product portfolio by modifying or creating products?
Market development- this strategy focuses on reaching new markets with existing products in the
portfolio along with the questions-
How can extend market?
Through new market sectors?
Through new geographical areas?
Diversification- this strategy focuses on reaching new markets with new products. It can be
related or unrelated.
Related Diversification- stay in a familiar market with the products.
Unrelated Diversification- to move into that market with they have no experience. This can be
consider in high risk strategy(Chaston, 2014).
-To increase the profitability of company- profitability can be increase by taking few steps which
are-
11. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Overview- the key area that can help drive profitability are reducing cost, increasing turnover,
increasing productivity and increasing efficiency.
Manage the costs- one of the most important step of the strategy is to manage the cost. If cost is
managed , profit can be accessed. Cost management can drive profitability of the company(Cova,
Kozinets, Shankar, 2012).
Key point to consider the cost area-
1. suppliers- getting the best deals from the supplier is also works as support. There are
some question that could be consider, getting best deals with the suppliers ,negotiate
better terms, need to change supplier.
2. Finance- it is a important thing to consider in any business. The question arise related
with finance are- need a review of finance facilities? Are they at the most competitive
terms available?
3. Premises- place which effect the business most,it has some question that more efficient
use of premises? Sublet some unused space?
4. Production- assessed the situation cut the waste and lower the costs of materials.
Buy more effectively- it is best way to increase the profitability to buy more effectively. Buying
the things or raw material on reasonable cost can add value in the business(Hutt, Speh, 2012).
For this two things are important to consider that are-
Get the best deals from the suppliers- try to bargaining with the suppliers for the good material
can also play a supportive part in creasing the value.
Cut waste throughout the business- how to reduce the waste part also increase the profit. To find
out those thing which is unused and payable, reduce unused services. Consider on how can get
best from the property which is used by company.
Concentrate on the sales efforts- when sales are good than profit will be in the pockets. The two
key strategies for boosting profitability through sales that are- selling more to existing profitable
costumers and finding smilier customers to sell (Mullins, Walker, Boyd, 2012). To working with
best customers one should know about the what they buy, when they buy. Customers and the
product can divide into four segments- High sales and high profits
High sales and low profits
Low sales and high profits
low sales and low profits
12. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
To find new best customers- make a judgment on expending customer base by finding new
customers, who have similar profile to existing profitable customers(Wilson, Gilligan, 2012).
Boost productivity- it can be minimize wastage costs and still remain competitive. Measurement
and streamline of process are tow part by which company can boost the productivity.
-Measurement, measure company's operational efficiency on an ongoing basis. Put system and
processes in place that will enable to get the most from resources.
-Streamline processes, it is useful to get an idea about how comparable business approach similar
issues this is known as Bench marking. It can be on a basic like-for-like-level such as sharing
data and analysis production and stock holding patterns with other business(Dyer, Song, 2015).
Increase sustainability of business- making operation sustainable is another lens for creating a
better company. sustainable development is about to making business decisions that provide
economic development. The sustainability provide motivation and that motivation should not
only come from regulators but should from the desire to make company as efficient, productive,
profitable, ethical as it can be.
A sustainability strategy can –
Reduce energy costs
Enhance brand reputation and improve public relation
Increase customer and staff loyalty
Manage risk
Improve internal and external relationships
Improve market share- market share is a percentage it controls of the market for its products.
It is the part of total sales a company claims to have in a particular market over a particular
period. Marketing department tend to follow two measure that are sales volume and sales
value. Marketing share may be measure by measure of percentage of total sales in a city in a
region, in a country, continent. There are some ways to increase market shares that are-
Stay relevant through innovation- to gain market share is to spot new trends ahead of
competitors(Foxall, 2014).
Respond to customers as fast as possible- this is also a good and effective way to increase the
market share to respond customers more fast way, to give them hand to hand attention. This
feature would attract the customers.
13. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Use customer’ idea- this is also innovative and impressive way to increase the market share,
when customers find their involvement in the relevant product or the company this thing can
help in the business and increase the profitability than market share increase automatically.
Be more flexible- an organisation can steal their best people by offering more flexibility in
how and where people work. Flexibility not only in the internal environment but also from in
external services will be good for the business profitability(Coombes, Nicholson, 2013).
FMCG department of Tesco can increase their market share and market position with the
help of these tools. They provide and examine the quality of people and bring new varieties.
It works very effective on the customer demand. It plays to get the opportunities with
effective products and their special features. It generates time, place, product,promotion and
various uses of product. In this report it has been describe about the roles and responsibilities
of management function .
Conclusion
In the present report Tesco company’s FMCG department wants to grow more in the market with
the confectionery section. This is a fast moving consuming goods that means a short life
products. So while preparing marketing strategies must consider these facts. Market theory can
understand with the help of Ansoff matrix. From the above apart of marketing management it
describe about the process, strategies, policies. It brings the products and services for satisfaction
of the needs of people. To understand market trends and market dynamics SWOT analysis is
useful tool. It determines about relating what TESCO consider the roles and responsibilities of
management. It is the interrelation between production and consumption. It generates to maintain
the standard of living in the market.
14. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
References
Books and Journals
Baker, M. J and Saren, M. eds., 2016. Marketing theory: a student text. Sage.
Ball, D., Geringer, M., Minor, M. and McNett, J., 2012. International business. McGraw-Hill
Higher Education.
Bejou, D. and Palmer, A., 2013. The future of relationship marketing. Routledge.
Bozarth, C. B and Handfield, R.B., 2016. Introduction to operations and supply chain
management. Pearson Higher Ed.
Carraher, S. M and Paridon, T. J., 2015. Entrepreneurship journal rankings across the discipline.
Journal of Small Business Strategy. 19(2). pp.89-98.
Chan, H.K., He, H. and Wang, W.Y., 2012. Green marketing and its impact on supply chain
management in industrial markets. Industrial Marketing Management, 41(4), pp.557-
562.
Chaston, I., 2014. Small business marketing. Palgrave Macmillan.
Coombes, P.H. and Nicholson, J.D., 2013. Business models and their relationship with
marketing: A systematic literature review. Industrial Marketing Management, 42(5),
pp.656-664.
Cova, B., Kozinets, R. and Shankar, A., 2012. Consumer tribes. Routledge.
Dyer, B. and Song, X.M., 2015. The relationship between strategy and conflict management: A
Japanese perspective. In Proceedings of the 1995 Academy of Marketing Science (AMS)
Annual Conference (pp. 126-132). Springer International Publishing.
15. Get best quality marketing assignment writing services in UK. Hurry Up! to avail best
discount on marketing assignments.
Eastman, J., Iyer, R. and Thomas, S.P., 2013. The impact of status consumption on shopping
styles: An exploratory look at the millennial generation. Marketing Management
Journal, 23(1), pp.57-73.
Eisenberg, E.M., Goodall Jr, H.L. and Trethewey, A., 2013. Organizational communication:
Balancing creativity and constraint. Macmillan Higher Education.
A Sample Report on Current Marketing Management Theory
To Buy Complete Assignment From Us:
Contact Us:
Phone No.: +44 203 8681 670
Mail Us: help@assignmentdesk.co.uk
Website: https://www.assignmentdesk.co.uk