One observes that the role of marketing in modern organization is that of integrating the needs and wants of the customers to the other organizational functions like production, R&D, finance, personnel, etc. One look at the companies today would be sufficient to conclude that neither marketing nor any other function alone holds the key to success. All functions are equally important. However it is marketing, which performs the role of integration.
Every types of marketing is the key factor and plays some good role to find success in any type of business and it is necessary thing and you should not underestimate the power or importance of marketing otherwise you throw out in this highly competitive market segment, that's for sure. It you use some effective marketing strategy of your business ( any types of business) then you win the half race.
Marketing products and services achieves financial growth for individuals and companies. This helps stabilize society's financial and productive input and output within any economy.
The customer plays a central role in any marketing strategy. They are the target audience and ultimate consumers of a product or service. The role of the customer in marketing includes: Identification: Understanding the needs, preferences, and demographics of the target customer is crucial for creating effective marketing campaigns. Feedback: Customer feedback helps businesses refine their products or services and make necessary improvements. Targeting: Marketing strategies are designed to reach and engage potential customers effectively. Decision-making: Customers make purchasing decisions based on marketing messages, so it's important to influence those decisions positively. Loyalty: Building customer loyalty through exceptional experiences and customer service is a key goal of marketing. Advocacy: Satisfied customers can become brand advocates, helping to promote a product or service through word-of-mouth and social media. In summary, the customer's needs, behavior, and responses are at the core of developing and implementing successful marketing strategies. My recommendation: โโโโโ://www.dแตขgแตขโโโแตฃโโโ.cโโ/แตฃโdแตขแตฃ/โโโโ โโ/โแตขyแตคโโโโ โ/
Marketing costs will affect the bottom line of any business much the same as employee payroll, IT department, or any other business expense. Can marketing expenses be justified? My answer is yes. Without marketing you cannot have a business retain profits for any extended length of time. Marketing gets your products placed and sold. Marketing retains your customers and keeps them loyal. Marketing builds investor confidence. Marketing builds your company reputation. Marketing creates new rewarding relationships with potential customers. Marketing educates your sales force. Marketing creates a very loyal workforce. Marketing builds your brand equity. Marketing does even more than what I have just listed ...
Are there any situation where marketing orientation is not the most appropriate business philosophy?
company
Their primary role - is to make sure the organisation is spending wisely. They're also responsible for assessing whether any investments are beneficial to he organisation.
competition, the location and socail economical and cultural issues
Is very important to any organizational structure. The leadership role also contributes greatly to the operation of the organizational structure.
they r sold in macys, sport athorty or any deparment store
Finance department plays significance role in any organisation whether it is profit making organisation or non-profit making organization. The work of finance department is to use the organisation resources in the efficient and effective way otherwise wastage can be dangerous. Actually finance department look for sources of fund and its best utilization, it allots the fund to different department like marketing, production, and R&D depending upon their need and requirement. Excess allotment of fund to any department can cause wastage. Beside that it also look whether the fund is utilizing in the best possible way or not for getting result for the organisation.
Every types of marketing is the key factor and plays some good role to find success in any type of business and it is necessary thing and you should not underestimate the power or importance of marketing otherwise you throw out in this highly competitive market segment, that's for sure. It you use some effective marketing strategy of your business ( any types of business) then you win the half race.
Marketing products and services achieves financial growth for individuals and companies. This helps stabilize society's financial and productive input and output within any economy.
Information in todays world of globalisation plays the major role for the success of any business organisation.As management is the top most part of any organisation and it has to manage the whole organisation as per the needs and requirements of the present and the future happenings,so if management is not propely updated with the recent information than it could not be a successful or an effective management.
As marketing gains increasing prominence as an orientation that everyone in the organization shares and as a process that all functions participate in deploying, a critical issue that arises is the role of the marketing function. Specifically, what role should the marketing function play, and what value does the marketing function have, if any, in an organization that has a strong market orientation? A functional marketing organization refers to the concentration of the responsibility for marketing activities (knowledge and skills) within a group of specialists in the organization.1 The benefits of functional structures are well documented and include enhanced efficiency and ability to develop specialized, distinctive capabilities.
The customer plays a central role in any marketing strategy. They are the target audience and ultimate consumers of a product or service. The role of the customer in marketing includes: Identification: Understanding the needs, preferences, and demographics of the target customer is crucial for creating effective marketing campaigns. Feedback: Customer feedback helps businesses refine their products or services and make necessary improvements. Targeting: Marketing strategies are designed to reach and engage potential customers effectively. Decision-making: Customers make purchasing decisions based on marketing messages, so it's important to influence those decisions positively. Loyalty: Building customer loyalty through exceptional experiences and customer service is a key goal of marketing. Advocacy: Satisfied customers can become brand advocates, helping to promote a product or service through word-of-mouth and social media. In summary, the customer's needs, behavior, and responses are at the core of developing and implementing successful marketing strategies. My recommendation: โโโโโ://www.dแตขgแตขโโโแตฃโโโ.cโโ/แตฃโdแตขแตฃ/โโโโ โโ/โแตขyแตคโโโโ โ/
voluntary organisation is the organisation that render service without any payment as reward.example of voluntary organisation is MAN 'O' WAR.