School of Business and Law
MARKETING MANAGEMENT
Department: BA (Honours) Business Studies
LEVEL4
Name: Sreedevi Sreekandan Nair Sasikala
Student ID: B0283DHGDHG0415
Assessor: Ellie Semsar
Date of submission: 22th June 2015
Academic year: April – June 2015
Semester/trimester: 1st
TABLE OF CONTENT
Section Page No
1. Introduction 3
2. Meaning and Role of STP 3
3. Burberry STP 5
4. Zara STP 6
5. Primark STP 6
6. Matalan STP 6
7. Meaning and role of Marketing Mix 7-8
8. Burberry Marketing Mix 8
9. Zara marketing Mix 8-9
10. Primark Marketing Mix 9
11. Matalan marketing Mix 9-10
12. Conclusion 10
13. Reference 10-12
Introduction Marketing is selling the product goods and service by knowing the needs and wants of the customer and consumer (Kotler P, 2009). Marketing Management expertise has capable of knowing the change of an organisation to manage both the internal and external challenges of environment (Cant M C, et al, 2009). A company needs to classify the customer needs and identifies the demand of the supplying
Marketing is about understanding and acknowledging the needs of customers and leaving an impact on developing the absolute best product to meet their needs by the business. Marketing comes into account for any business and how they can develop to be the best and deliver the best customer satisfaction.
Business has several majors to seek, such as: Accounting, Economics, Administration, Marketing, International business, Entrepreneurship, and lastly Management. A business degree has many of opportunities. This paper is going to specifically focus on Management which you can get a minor in marketing, which would be called marketing management. Management has several classes to can take, and several of careers to pursue. Those classes are similar to other professions; Marketing and Administration which have similar classes to take. Business Management was essentially created around 7200 B.C., the Ubaidians, of Sumer created the first
As I reflect back over these last five weeks I now have a clearer view of marketing and how it affects not just the consumers of the world and the companies with their marketing managers, but how it affects me. Yes, I am a consumer who clips coupons, budgets my finances, and looks for sale items and this marketing class has taught me that marketing is more than selling or advertising. Marketing managers have a difficult job, as marketing involves identifying, meeting and satisfying the needs of customers or clients with goods and or services. Coming up with different strategies and marketing mixes is challenging because we live in a changing world with people who needs and financial situations are different. Yet still marketing engulfs every part of our daily lives. From what type of breakfast we eat, to where we shop, and even in our work environment. As I examine marketing, I will blend aspect to my career path as I make myself marketable for the future and aid my employer in the growth and survival in the economy.
Using the product/market expansion grid shown in Figure 2, apply the growth opportunities available to managers in Starbucks Turkey.
A quantity of markets take place in a physical location e.g. a street marketplace, while others might be virtual markets e.g. when
Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
Marketing is an essentially about marshalling the resources of the organization so that they can meet the changing needs of the customers on whom the organization depends. As a verb, marketing is all about how an organization addresses its markets. Marketing is “The management process which identifies, anticipates and supplies the customer requirements efficiently and profitability”.
In the marketing industry it’s always smart to take advantage of opportunities to gain more customers while at the same time looking for weaknesses amongst their competitors. These are the building blocks on which corporations strive to survive and flourish. Once a company has produced a flagship product they gain name recognition along with customer loyalty and a strong following, which usually has a deep connection to the company’s product. This connection is so immersed into a product they provide free advertisement via word of mouth, social media or the wearing of logos on their clothing.
My research for this paper included various online articles in the field of business marketing. In my research using these sources, I found things that I have never known (Previously didn 't know) about marketing in the business world. In this process, I found that finding information on my topic has really gotten me more interested in my major and my topic. This research has really given me a better insight on starting my research paper.
Although the economic crisis has waned down, most companies are going through hard times trying to garner client confidence. This comes in the wake of regulations to see companies retain more equity mean, easier legal frameworks, and uncertainty about lending thereby forcing firms to apply strategies and restructuring plans to attract more business and stay relevant amidst growing competition. Restructuring thus requires a clearly defined plan in a skillful way to ensure that a company achieves success. This paper seeks to identify the strategies CaliFoods, Inc. a fictional retail outlet would use to improve its business.
After the research objectives have been established and explored, researchers must develop the research plan. The researcher must
Toyota Motor Corporation is a Japanese multinational automobile company since 1937 found by Kiichiro Toyoda. It is currently directed by Akio Toyoda. Toyota is a large company that currently work with 331,876 employees since March, 2013. (Toyota, 2013). As most successful companies, Toyota had its great moment of success in the United States. Due to acceleration issues on its automobiles, the company was recalled for safety risks in 6 million of its cars, and Toyota’s reputation really suffered from it.
Marketing management is a process of planning and executing the conception, promotion, pricing and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals. Marketing management is a process which involves analysis, planning and implementation. It also involves the control of goods, services and ideas. The goal of marketing management is to provide satisfaction for parties involved. Marketing management’s task is to influence the timing, level and composition of demand in a way that will help the organization to achieve their objectives.
A Marketing Manager is a complex career that requires one to be able to actively adapt to the current sales trends and confidently lead a team into uncharted territory because the market is steadily changing. A marketing manager is someone who decides how to sell a product/products to try and maximize profit. Marketing wasn’t studied until the early 1900’s, a Marketing Manager requires a bachelors degree and skills that can only be obtained from experience with marketing, it’s availability is expected to rise but there is fierce competition in getting the job, one must be a leader and have an open mind to be successful in this career.
Chapter 1 | Defining Marketing for the 21st Century Chapter 2 | Developing Marketing Strategies and Plans