Marketing plays an important role in any company. There are many functions which are crucial to properly perform in order to have the best results. The particular administrative position I chose to research is a Marketing Director position. This marketing role is an extremely important one in every business, including universities. I chose to discuss the impact this role has on a university. The tools I used will be from reviewing literature and an interview I held.
As previously mentioned, marketing plays an important role in any company because it reaches the ultimate consumer and targets relevant segments of the market. “Marketing is not a function of business, it’s the function of business” (Moorman & Rust, p. 180). It also evaluates
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180). This occurs in every marketing environment, including the university setting. The journal of marketing claims that contemporary research focusing on the value of shared knowledge and skills in organizations suggested that integrated approaches are necessary because most of the work in organizations cuts across different knowledge and skill domains. Moorman, and Rust (1999) shared knowledge is important in any company, including the marketing department at a university. The woman I chose to interview, Amera, Director of Markiting at Effat University in Jeddah, Saudi Arabia, gave a lot of beneficial information about this subject. The following areas of the interview are separated by topic:
Roles of unit The goals of the marketing department consist of many fundamental functions of business administration. Marketers develop strategies for all of the university and ensure student satisfaction. They must also identify, develop, and evaluate marketing strategy based on many factors such as knowledge of the establishment objectives, market characteristics, and other cost factors. The unit must also evaluate the financial aspects of product development, such as budgets, research and development, and revenue. Marketing activities must also be formulated and directed to
Course Description This course involves an integrated analysis of the role of marketing within the total organization. Specific attention is given to the analysis of factors affecting consumer behavior, the identification of marketing variables, the development and use of marketing strategies, and the discussion of international marketing issues. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be
Marketing Plays a vital role in a business, because of marketing the business can offer their offerings and to their customers and provides the services. Marketing is a combination of 4 P’s which are Product, Prize, Place and promotion, to Analysis the marketing of this business, I am explaining the
Marketing is an important tool for any business. It is how a company makes their product known to the public. Without marketing, the consumers will either not know that the product even exists or will not know all the applications of the product; who makes it, what it is and what it is made from, when came on the market, where it can be purchased, how it can help the consumer and why the consumer should even purchase the product in the first place. According to Tom Ash, Marketing is the process whereby demands for products, services and ideas are anticipated, managed and satisfied (2011).
(Toolkit.smallbiz.nsw.gov.au, 2015)Marketing is integral to the success of a business, large or small, with its primary focus on quality, consumer value and customer satisfaction.
How is marketing defined? What is its importance in a company’s success? This paper will discuss and explain different definitions of marketing along with a definition of author himself. In addition, this paper will elucidate the importance of marketing by giving three examples where marketing was adapted with few mistakes resulting in disaster.
Marketing plays a role in the development and economic growth as it sparks research and innovation. Research to go above and beyond and innovation to develop and spread new ideas, goods, and services while meeting the needs of consumers. In doing this the market stays competitive and provides the consumer with a variety to choose from. As I develop my career, I am making myself more marketable by attending the University Of Mount Olive. While I develop
Marketing is all about creating a really solid decision, which will lead to more money. In this paper I will give some history of my organization, and explain how each element of marketing affects the organization. In addition I will cover the industry in which the organization resides in.
Relationships between departments could be improved. There seems to be a competitiveness that hinders progress and prevents initiatives from achieving their highest potential. Individual departments within the college do not state their connection to University College in marketing collateral. Poor understanding of the scope of the University College’s programs has been affecting them. The lack of a comprehensive assessment plan for programs in University College remains to be a weakness.
Marketing plays the most important role for the success of a business. In this chapter, the business’ marketing objectives are laid out together with the plans or actions that will be needed to achieve these objectives. Furthermore, this chapter includes the profile of the respondents which aided the researchers to create this part of the feasibility study.
Marketing is a management function which involves creating, communicating and delivering value for an organisation’s customers (Kotler, Brown, Burton, Deans & Armstrong (2010). Although many earlier academics define marketing as merely a process of satisfying customer needs in order to gain profits, more recent developments of the definition include its inherent connection with delivering superior value to customers in order to maintain ongoing relationships (Webster, 1992).
Marketing concept believes that for a company to achieve organizational goals, it depends on determining the needs and wants of the target market. It takes an outside-in approach. Marketers practising this concept recognise that customers are always the first priority of the organization and they aim on complete customer satisfaction. This requires an integrated marketing effort, that is, team work between different departments within the organization. For instance, team work between the marketing team and the academic team of UCSI University. The marketing team will be in-charge of the promotion of the academic programmes available in UCSI University while the academic team will have to ensure and maintain the quality of the programmes and courses offered.
Various people would think marketing would not be key within businesses, however, businesses require customers so that revenue can be generated and they can branch out to different countries. TV advertisements along with commercials and posters are used by companies so customers can see what they are offering. In addition, countless hours are put into finding target audiences and board meetings where concepts can be formed and distinguished. Marketing has shown to be a key factor in businesses but does not compare with the supremacy that human resources and finance embrace in the organisation.
Marketing is perhaps the most important activity in a business because it forms the communication bond between the customers and the company, and it’s a key aspect of communicating the value of the product.
In general terms, marketing is all related to the places of buying and selling of goods and services to satisfy customers’ needs. Nowadays marketing is the most important issues for success of every business marketing is the activity, set of institution, and process for creating, communicating, delivering, and
Prior to this class, although I have some experience in a marketing type role, I thought of marketing as the process that was activated post product development and the vehicle to product/service promotion and advertisement to the marketplace. Through this class, I have a greater understanding of marketing, and realize promotion and advertisement is just a fraction of it, and has much more depth. Marketing begins at the beginning, and is integrated through to the end of the life cycle. It has a significant impact on the development stages as well as delivery to the marketplace. Marketing is a set of procedures facilitated in businesses for creating, communicating and delivering value to customers. Furthermore, marketing is about