Marketing Audit

• The marketing audit is a
  comprehensive, systematic, independent, and
  periodic examination of a company’s
  environment, objectives, strategies, and
  activities to determine problem areas and
  opportunities. The audit provides good input
  for a plan of action to improve the company’s
  marketing performance.
• The marketing audit covers all major
  marketing areas of a business, not just a few
  trouble spots. It assesses the marketing
  environment, marketing strategy, marketing
  organization, marketing systems, marketing
  mix, and marketing productivity and
  profitability. The audit is normally conducted
  by an objective and experienced outside party.
  The findings may come as a surprise – and
  sometimes as a shock – to management.
  Management then decides which actions
  make sense and how and when to implement
  them.

Marketing audit

  • 1.
    Marketing Audit • Themarketing audit is a comprehensive, systematic, independent, and periodic examination of a company’s environment, objectives, strategies, and activities to determine problem areas and opportunities. The audit provides good input for a plan of action to improve the company’s marketing performance.
  • 2.
    • The marketingaudit covers all major marketing areas of a business, not just a few trouble spots. It assesses the marketing environment, marketing strategy, marketing organization, marketing systems, marketing mix, and marketing productivity and profitability. The audit is normally conducted by an objective and experienced outside party. The findings may come as a surprise – and sometimes as a shock – to management. Management then decides which actions make sense and how and when to implement them.