Marketing Management, the solution for the business problems?

Page 1

MARKETINGMANAGEMENT, THESOLUTIONFORTHE BUSINESSPROBLEMS?

ISITIMPORTANTTOEXECUTETHE MARKETINGACTIVITIESWITH RESEARCH?

Yes, effective marketing management enables companies to recognise and seize market opportunities, increase sales and revenue, and extend their clientele. You must focus on successfully runningthemarketingactivities.Itwill enable you to think logically and understand the audience. Big firms such as Google, IBM, and Oracle use the marketing management concept at an extensive level. Doing research is essential for successful marketing campaigns. Businesses can make more successful decisions by using the rich insights and data that research can offer to inform their marketingstrategyandtechniques.

STEPSTOCONSIDERFORMARKETINGMANAGEMENT

Definer marketing goals: Start by stating your marketing objectives and goals in explicit terms Such ought to constitute SMART goals specific, measurable, achievable, relevant, and time-bound—and should be in line with your company ' s general goals. For instance, growing sales, creating leads, raising brand exposure, or enhancing client retention.

Conduct market study: To better understand your target market, client needs, preferences, and rivals, conduct detailed market research. This involves looking at customer data, conducting surveys, keeping an eye on market developments, and evaluating the competitive environment. You can use this knowledge to generate sensible decisions and successful marketing plans.

Develop the marketing plan: Create a thorough marketing plan that details your strategies, techniques, and budget determined by your marketing goals and market research. A thorough examination of the audience you are targeting, positioning, value proposition, costs, product and service offerings, distributing methods, marketing budget allotment, and promotional activities should be part of this

Implement marketing tactics: Follow your marketing plan while you implement your marketing initiatives This could encompass a variety of strategies, including content marketing, social media marketing, email marketing, influencer marketing, public relations, and events, among others.

MARKETINGMANAGEMENT SOLVEYOURBUSINESS PROBLEMS?

Althoughmarketingmanagementisapotentinstrumentforaddressingand minimizingbusinessissues,itisnotauniversalfix.Developingandputtinginto practiceefficientmarketingplansandtechniquesispartofmarketing management,butitisonlyoneaspectofrunningandexpandingabusiness.

Aeneanmetuseros, tinciduntsedurnain, fringillametuserossed

Aeneanmetuseros, tinciduntsedurnain, fringillametuserossed

Businessescanovercomeavarietyofobstacleswiththeuseofmarketing management,includinglowbrandawareness,decliningsales,inefficient marketingefforts,competitivepressures,shiftingconsumerpreferences,and problemswithcustomerretention.Businessesmaycreateandputintoaction strategiesthatwilldriveclientacquisition,raisebrandexposure,enhance customerengagement,andultimatelyincreaserevenueandprofitabilityby utilizingmarketingmanagementideasandpractices.

SAVING MONEY

Aeneanmetuseros, tinciduntsedurnain, fringillametuserossed

TARGET MARKET

Aeneanmetuseros, tinciduntsedurnain, fringillametuserossed

SALESANDDISTRIBUTIONMANAGEMENT:DRIVING BUSINESSGROWTH

TENTOPTIPSTOIMPROVEYOURFINANCIAL

MANAGEMENT
SUGGESTEDREAD-

THANKYOU

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.