Marketing Management Process

Marketing Management is a business discipline which is focused on the practical application of marketing techniques and the management of a firms marketing resources and activities.

Marketing trend is the most of the business units make the production in the anticipation of demand. In these circumstances, if the insist dose not takes place according to the expectations in the fixed period, and then individual efforts are to be made for this. It is clear that the extent to which the sale is more to that extent the working capital cycle will also be speedy and the profitability of the unit also increases. In short, the power of the business unit and long life depend on the sales. In the same way the employment opportunity arises due to growth of the business.

The activity of entire useful services necessary for the business activities increases and as a result the economic development of the country also becomes possible. Thus, the sales activity has a special importance. In the developed countries about 50% and in developing countries about 20 to 40% of employed personals are engaged in marketing activity. So, it is necessary to put special weight age on the marketing management process.

2. Meaning of Marketing Management process: Marketing is not just an advertisement or a process of sales or distribution. Actually, the analysis of market opportunities and formation of marketing strategy are also included in marketing management process.

In a simple definition The process related with the formation of marketing strategy and implementation means marketing management process.

As said by Philip kilter, the marketing process consists of marketing opportunities, researching and selecting target markets designing marketing strategies, planning marketing programmes and organizing, implementing and controlling the market efforts.

Marketing Management process is a part of business activity related to the sale of profitable products in the targeted market. It includes the analysis of business opportunities, selection of targeted market, formation and effective implementation of the marketing strategy.

3 Stages of marketing management process:

Following stages are included in the marketing management process:

[1] Examine marketing opportunities.
[2] Searching and selecting target markets and audience.
[3] Formation of marketing strategy.
[4] Preparation of marketing programme
[5] Implementing and controlling the marketing efforts

Effective Marketing Plan – The 4 P’s Of Marketing

An effective marketing plan consists of several components known as ‘The Marketing Mix’ or the 4 P’s of marketing. The 4 P’s include price, product, promotion and placement were put in place to help bring the best return for a product’s potential.

The History of the Four P’s

The history dates back to the 1940’s when James Culliton described a marketing manager as someone who is a ‘mixer of ingredients’. Years later Neil H. Borden wrote and published an article titled The Concept of the Marketing Mix which was an variation of Culliton’s original theory. That marketing mix consisted of product pricing, branding, planning, distribution channels, promotions, advertising, personal selling, packaging, display, physical handling, servicing, fact finding and fact analysis. Jerome McCarthy consolidated these into a four categories appropriately named the 4 P’s of marketing.

What are the Four P’s

1. Price

The first of these is price which must be thoroughly examined throughout the buying and purchasing process. Be sure to consider all elements of a product to determine its price. Variables that may affect the outcome include location of distribution, price mark-up, actual distribution, competition and payment plans.

2. Product

The second P of the mix is product. When trying to determine the product try asking detailed questions so you can a full understanding of the product you’re trying to sell. Sample questions include ‘What problem or problems will this product try to solve?” or “What types of features or benefits will this product have?” Determine a customer profile so you’ll know who will buy the product and see how it is unique in the marketplace.

3. Promotion

How will the product be promoted? Some potential choices are promoting online, traditional marketing, event marketing, etc. By not having an effective promotional initiative can waste valuable time and revenue.

4. Placement

The final P of the mix is placement. Placement covers the physical aspect on where the product will be sold. Two popular choices are online or brick-and-mortar locations. Along with determining a products placement also come up with an exit plan strategy if the product does not sell that well.

With decades behind the Four P’s success it’s a tried-and-true method for an effective marketing plan. This ‘marketing mix’ will satisfy both the needs of your clients and retailer’s.

Internet Marketing And Its Impact On The Overall Sales Of A Company

Internet Marketing And Its Impact On The Overall Sales Of A Company

Internet marketing is such type of marketing in which digital customers are included directly or indirectly via E-mail, web sites and social media. It fastens together the imaginative and nominal aspects of the Internet, including design, expansion, publicity and sales. In last few decades, internet marketing boost up with swift and going at optimum level to attract their customer all over the world. It is a place where different types of products and services are accessible. Every company either it is related to services or products, desires to promote his sales or brands names on screen.

Market is not an easy task that everyone attracts customers without vacillation. It requires gigantic innovative mind and nickel idea to accomplish target. Today many social media are offered on screen advertisement facilities on which any one can uphold his products or services. On the behalf of web-marketing many reputable companies obtain top ranking in the world.

The current detonation of international business activity on the World Wide Web will have an intense impact on the cram and practice of transnational marketing as we move towards the new millennium. So It gives immense and lucrative result because there is small distance left over between the customers and company. Every person can avail the services of any organization all over the world. It bestows valuable opportunity from which person can buy the products like Visa, Pay Pal, Master card and Amex cards.

Internet marketing has different business models such as, E-commerce, Lead based websites, Affiliate Marketing, and Local marketing. It is attached with different customers at different place. Mostly company attracts customers through social media and dig up the chance to click products or services and those companies which achieve this situation then it itself not only on the internet but also uphold their position at the top level on the social and digital media. Only this type of strategy on Web-marketing produces best result ever in competition among companies.

After the invention of computerized system, now everyone wants to visit or explore all the things through internet. It is inexpensive as compared to others and provides instant facility whenever anyone wants to avail the prospect. The other impact of the E-marketing is that we can check, trace and measure all the statistics of the work because without computation no work can be easily extracted. Companies can contact wide spectators for a small part of customary advertising budgets. The nature of the standard allows consumers to research and to procure products and services expediently. Instead all of these, Internet marketing is a crucial part for the endorsement of the product and services to put on maximum sales and profit.

Now Doing Marketing Assignment Is Not Tough Task

Doing marketing procedure is not an easy job as it looks. It necessary lot of research, interest, a while to precious metal projects. You need to collect missing of appropriate information; pictures, style and words that must washing give alternatives to the concerns relevant to advertise in the most interesting style. If the alternatives of your profession are not up to the level then you cannot position a’s and b’s in your tasks. These will later going to affect your academic performance.

Marketing procedure is a significant procedure given to the students by their trainers to be able to boost their marketing prospective. It consists of both the composing as well as genuine factor that is instantly and in a oblique way problem with marketing. Consequently, the students must able to deal with both the theoretical as well as know-how and skills for success their marketing home tasks given by their trainers. Now a times, to preserve a lot of a while to precious metal attempt of doing marketing procedure students look for marketing procedure help.

The biggest advantage of these online procedure help alternatives that it allows in maintaining your money of the students that are necessary to finish their marketing procedure. Moreover, it will also help them in maintaining away from the pressure and precious metal pressure. They are not necessary to journey from one place to another for looking for help from the trainers or experts. They just need to have their pc attached with the high-definition online connection before side of them and search for the best appropriate and effective online procedure help.

Lack of concentrate and time is the reason that these days many students from all over the world are excited for procedure help alternatives while placed at home. Discovering the right procedure professional and procedure writer for getting marketing procedure help is in itself a challenging procedure. You cannot believe in on any one for acquiring marketing procedure help. Only the extremely qualified and knowledgeable procedure experts must be contacted whenever you want marketing procedure help as they will not only help in finishing your marketing procedure quickly but also help in washing your concerns and fundamental concepts problem with market for your upcoming help. Investing a bit amount on these online procedure help is always beneficial for the students.

The procedure writers offering different top quality procedure help alternatives to the scholar carry a better knowing of the last or existing past or existing student’s need and execute accordingly. Further, they also execute in close synchronization with the students to find out what exactly the students are looking for and provide them with the same. These procedure experts have the capability to execute on any of the topic because of their wealthy business know-how. You can appreciate the most fantastic and specialized procedure help alternatives for your profession based on particular topic. So, implement marketing procedure help at inexpensive price points and within a period of period situation.

Network Marketing In Southeast Asia And East Asia Usana Market Open In Hong Kong, Japan, Korea, Mal

Network Marketing is becoming increasingly popular in Southeast Asia and East Asia and has been recognised as the fastest growing market outside of the US by Direct Selling Associations all over the world. This is primarily due to the relationship-based nature of business in countries in the region. Also, direct selling gives money-making opportunities to people who probably have a lower educational background or who have already retired, according to Ailsa Gu who is a senior research analyst with Euromonitor in Singapore. Euromonitor International is a company that offers market intelligence on industries, countries and consumers. They have more than 30 years of experience publishing market reports, business reference books, online information systems and consulting projects.

Southeast Asia and East Asia have been key expansion markets for Western direct selling companies for a number of years because of the reasons cited above. If you are an Entrepreneur based in South East Asia or East Asia, or if your goal is to build a global Network Marketing organisation then it is vital that you identify a company with a history of trading in these rapid growth markets.

For example Usana initiated their East Asian and South East Asian campaigns in 1999 with the opening of the Hong Kong Market and has since began operating in Japan (2000), Taiwan (2002), Korea (2003), Singapore (2003), Malaysia (2007) and most recently the Philippines in January 2008. Therefore, Usana may be an ideal company to partner for individuals looking to develop a global organisation.

One of the major benefits of growing a worldwide organisation is that it is far more stable than a business that is limited to one country. Every countrys economy undergos highs and troughs and it may be possible to regulate fluctuations in your own profitability by operating in many countries. This is a worthwhile strategy for both the company and the independent distributors who represent the company.

The Internet enables Network Marketers to promote products and services to people all over the world, providing the organisation you work with adopts online marketing approaches and strategies. Therefore when selecting an organisation to work with, ensure that they have a strong online presence and community in place.

Usana Health Sciences are dedicated to offering people all around the world with the opportunity to experience both true health and true wealth. This is supported by their commitment to manufacturing world-leading, pharmaceutical grade nutrition and personal care products. In addition, the Usana network marketing business opportunity has been voted the number 1 distributors choice Network Marketing company by Network Marketing today and the MLM insider magazine from 1997 to 2008. If you would like to learn more about Usana and the business opportunity they offer, please visit

Red Planet Marketing Ltd Offers Comprehensive Solutions To All

Red Planet Marketing Ltd, the company that has been rendering valuable service to the direct marketing sector for over a decade now, specialises in offering comprehensive solutions to all.

Red Planet Marketing was formed in 2000 in Leeds as a result of the efforts of Mars Cowley, the Managing Director of the company. Mars Cowley and her team of die-hard sales and marketing professionals worked hard to realize their dreams, which were all big ones. They wanted the company to conquer new heights in the direct marketing sector and hence they dared to take challenges head on and think on totally new lines when it came to running their promotional campaigns. Their efforts gave spectacular kind of results and the company expanded and later shifted base from Leeds to London. The company now reaches out to an impressively large number of clients representing different sectors and the customers are spread all across the length and breadth of the UK.

As a leading direct marketing company in the UK, Red Planet Marketing Ltd specialises in offering comprehensive solutions to all- clients as well as customers. The company offers clients the most appropriate of marketing solutions, helping them promote their products and services using innovative strategies and the right kind of marketing moves. The company offers to the customers perfect shopping solutions, helping them to shop for quality products sitting in their homes or from their workplaces. Using the unique Human Commercial methodology, the company builds up a perfect and direct kind of rapport with the customers and gets to form a clear and correct idea of their needs, interests and changing lifestyles. In accordance with these, the company brings to them the kind of products that they need, at all times. The main attraction of this is that the products are all of international quality and the price always attractive. The customers always find their interests safeguarded and they understand that the company stands as much for them as it works hard to promote the interests of its clients.

It’s perfect goodwill, earned by sheer hard work and its concern for the welfare of all, that has worked in favour of Red Planet Marketing Ltd and its marketing campaigns.

Marketing Strategy With A Purpose Of Better Visibility And Growth

Marketing plays an important role in marking the presence of a business and then converting it into a brand. The transformation is catered to by better and mindful marketing strategies, proper planning and execution of those plans.

Adhering to the demands of the modern times and keeping the demands of the clients also in mind, marketing caters to the masses and thus makes possible branding easier. Marketing is necessary on all platforms and thus the virtual world cannot be left behind. There are professionals who take care of the process and thus provide the best solutions.

The online world has a large presence and its reach extends to various continents and to far off places. But, a business can cater to certain geographical locations and marking a presence in those locations is a must. Competition is high, so how do you catch the eye of your users. You have excellent services and products and want the users to take notice.

Well, better marketing strategy and planning makes the campaign a success. There are various techniques and methodologies that come to the aid of the professionals. Being a novice, it is quite common that you might not have a thorough know how of the procedures that are required to make your business grow in terms of volumes.

This brings in the need for an internet marketing agency that helps cater to the growth of your business and makes your presence felt in the online world. They have the personnel’s who have the knowledge on the processes and provide the clients with the best of solutions. A strategy that brings out the best features of the services and the products helps the business increase its presence and this turns in more revenue for the clients.

The main objective of a business is to catch the attention of the masses and bring in more revenue. An internet marketing agency fulfills the basic objective, increases the presence and provides your business on a larger scale. Various on-page, off-page techniques are resorted to by the professionals which provides the best chance to promote the business. Also, better campaign preparation, advertisements, latest techniques all help in the brand building.

Listing your business in the geographical locations that it caters to, helps you get noticed and this increases the traffic to your website. The agency has the experts that help you reap the benefits and this helps in rope better prospects. Internet marketing agency takes in their stride to offer the best practices so as to help get undivided attention. Such is the strategy that users are able to connect to your brand as soon as they view it.

Can Network Marketing Make You A Billionaire Tough Mlm Questions Answered

Multi Level Marketing is no easy ride, but with commitment to achieving your success, a Network Marketing opportunity can be the best thing you decide to join. Multi Level Marketing promises so much, and Multi Level Marketing can deliver as long as you commit to your success.

MLM is a business system in which consumer products are sold by the distributors who have signed up with the company. The distributors have the option to sell a minimum or more amount of products each month to generate commissions. Multi level marketing is a great way of earning a living from the comfort of your home. This is because a company will provide you with good quality products, which you will sell to make money.

MLM is, at its core, a business just like every other internet marketing venture you’ve taken on. But you can do these things the right way and begin earning the money you thought you would. Multi level marketing is known as network marketing. This is a kind of business where franchising and direct selling are combined. Multi level marketing is NOT a scam, the Federal Trade Commission only considers a company to be scandalous if they promote a “pyramid scheme” designed with the sole purpose of promoting a pyramid and nothing else.

MLM is a fabulous business opportunity for individuals who are eager to make their own judgments about what a network marketing company has to offer. They can move ahead quickly if they start their own network marketing business without forcibly sticking to old-fashioned marketing practices and giving themselves room to be flexible about implementing new methods. Multi-level marketing is the biggest growth industry in the 1980’s. It has been termed as the last true rags-to-riches opportunity left in North America, and its ability to bring enormous incomes to almost anyone is legend. Multi-level marketing is an enterprise system which puts emphasis on recruiting distributors. It is commonly used by the industry, and this term implies that success depends on building a distributor interconnection and those payouts occur at two or more levels.

Network marketing is quite simply using your relationships to sell a product or service. Network: People’s network is the backbone and the soul of MLM. Word of mouth and trust play major roles in the success of MLM. Network marketing is just the opposite. In the beginning, you do a lot of work building a foundation, getting a team started and what not, work that you don’t get paid for, or at least not enough for.

Network marketing offers home based representatives the opportunity to get paid from other peoples efforts, not just their own.

Instant Improved Marketing Outcome With Direct Mail Campaign

With the introduction of direct mail, social media marketing and telemarketing companies and many business people attended to believe that using direct mailing lists is an unresponsive and outdated form of marketing. In truth, however direct mail marketing can nevertheless be a noteworthy and powerful method to make revenue and create business or a brand. A direct mail-based plan gives a real potential to customers of communication, like a brochure or newsletter, which they’ll be able to absorb and which keeps their interest in a way that e-mails or calls will not always do.
Many companies can and may possibly effectively run direct mail marketing campaigns in-house, but for some it’s easier to outsource them to outside companies in order to see results.
There are several different things that you need to keep in mind before finalising direct mail as your final marketing strategy. Beforehand considerations of rolling out the direct mail marketing campaign have to identify the needs and demand of both the business and targeted clientele. This will help you understand better what strategies must be deployed for effective outcome and when is the right time of deployment. Today with the advent of all new technologies there is no shortage of marketing plans but the question is how efficient you are in choosing the best for your company and without compromising your budget?
All organization sales methods development strategies must produce precise direct mail marketing campaign meet your needs it’s important to remove as several barriers as possible. This can help you to spot any possible obstacles that targeted clientele may find, making it much convenient for you to eliminate them and enhance the efficiency of your direct mail marketing campaigns.
The effectiveness of any direct mailing list-based campaign, as with all advertising and promotional efforts, depends upon who is being targeted with the mailing list as well as the information your mailing list will give you to them. Accuracy is needed at today, first to ensure that your email list contains the details of authentic prospects that is likely to be happy to get your promotional information and who have a specific interest in your business and its offering. Subsequently it is needed to ensure that their facts are examined and current. You’ll also then need to produce a strategy to engage and keep their interest along with selecting the most likely ways of communicating that to them.
Even for better efficiency you can buy pressure seal mailer that are known to design direct mail letters right from start to finish and on given format.
You can create and promote a dedicated cost free response telephone number, as an example, which will work successfully when calling people in their home. Equally, postage paid return envelopes may be advantageous to readers who will choose to reply by doing so.

What Is The Difference Between Digital Marketing And Traditional Marketing

The next big thing in the marketing world is Digital Marketing. This mode is contemporary, user-friendly and very accessible. Also known as online marketing, this is a way of endorsing products and services using the digital interactive distribution channels. This medium involves usage of modern communication media like internet, mobile and digital outdoor mediums.

The importance of digital media marketing can be ascertained by a prediction which says Strategic internet marketing is likely to replace the traditional tools of marketing in the next five years. A large section of marketing experts believe that this digital interactive marketing medium will make traditional marketing tools appear irrelevant to the new generation media consumer.
Difference between digital and traditional marketing

Gone are the days when internet marketing was considered a stand-alone promotion medium. With increasing reach of digital marketing technologies, online marketing is capable of taking over most of the traditional marketing areas in a digital way. Direct marketing seems to be an outdated phenomenon after internet marketing made its place in commoners life. Direct marketing is now quick, easier, interactive and beyond human limitations with the use of internet marketing tools.

With every passing day, human lives are moving online. Traditional marketing media is losing its momentum. A TV spot, which was considered most effective a few years back, is losing its charm. Today, it is 25% less effective as compared to a situation few years back. Strategic internet marketing reaches the consumers where they are. A recent survey study disclosed that up to 90 percent of the real estate prospective buyers begin their search on the internet. This indicates that real estate companies have no choice but to resort to digital marketing strategies. Internet marketing tools have advantage of easy accessibility. SEO, banner placement, email marketing, social media, PPC and various other online tools of marketing are easy to access at consumers end. The marketers can get the exact figures of hits on advertisements. They can easily figure as to how many of the hits are converted into leads. Whereas, incase of traditional marketing, ascertaining exact figures is a hard nut to crack.