Friday 26 August 2011

Marketing Tasks : - A Broadened View of Marketing Tasks

Marketing Tasks :-  A Broadened View of Marketing Tasks
A Broadened View of Marketing Tasks
Marketers are skilled in stimulating demand for their products. However, this is too
limited a view of the tasks that marketers perform. Just as production and logistics pro-
fessionals are responsible for supply management, marketers are responsible for
demand management. They may have to manage negative demand (avoidance of a
product), no demand (lack of awareness or interest in a product), latent demand (a
strong need that cannot be satisfied by existing products), declining demand (lower
demand), irregular demand (demand varying by season, day, or hour), full demand (a
satisfying level of demand), overfull demand (more demand than can be handled), or
unwholesome demand (demand for unhealthy or dangerous products). To meet the
organization’s objectives, marketing managers seek to in uence the level, timing, and
composition of these various demand states

Monday 22 August 2011

Strategic Marketing Management | Define Strategic Planning ?

Strategic Marketing Management | Define Strategic Planning ?
  • Strategic planning is the managerial process of developing and maintaining a viable fit between the organisation’s objectives and resources, and its changing market opportunities
  •  The aim of strategic planning is to shape and reshape the company’s businesses and products to produce satisfactory profits and growth

Strategic Management | WHAT IS Strategic Marketing Management ?

Strategic Management  | WHAT IS Strategic Marketing Management ? 

Strategic Marketing Management
  •  The mark of an excellent company is how it responds to a continuously changing environment
  1. Benefits of planning
  •  management becomes proactive 
  •  facilitates integration
  •  communicates management intent
  •  ensures activities are goal-oriented
  • monitor progress towards goals