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Need for Marketing Management Task
Posted on: August 28, 2012 at 12:00 AM
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Today marketing is not just a selling and buying of products and services rather it has become more competitive and challenging job. To achieve the business and marketing goals in professional and practical ways, it is need for Marketing Management Task should be formulated earlier and then to follow this efficiently and effectively to achieve them. The article highlights the basic thoughts about the Need for Marketing Management Task in Marketing activities.....

As marketing is today not the only selling and buying of products rather it has become a process to create and maintain demand for the products among the customers. Now marketing has become more competitive and it has attained the toughest competitions among the companies in selling their products and services. Thus it is necessary to adopt the process of marketing in more professional way with efficiently and effectively ways to achieve the goal of the company. Marketing Management Task helps the management of companies in achieving the results with a more professional and practical way by utilizing available resources effectively and efficiently.

There are many important factors, which decides the successfully running of a company in dealing with its products. Pricing of Products, its marketing strategy and balancing company's objectives are the key issues, which must be observed continuously. Marketing strategy, sale promotional ways and customer satisfaction and also must be in mind during formulating any strategy for the company.

Focus on Financial aspects: Financial aspects of products in market are also important factor and it must be in accordance with the taste and demand of customer. It must be assessed and evaluated in terms of budgets, expenditures and marketing strategy with sales promotional ways.

Focus of the strong brand formation: Manufacturing of a products and selling them is not enough today in the today?s tough competitive marketing era, rather companies tires their best for branding their products in the mindset of customers. Today most of the companies tried to promote its products as a brand, which create an image in the customer's mind and they always demands for the particular brands.

Focus on adopting marketing strategies: When a firm planned a strategy for enhancing its product for increasing marketing share, it is essential to focus on the marketing tools and ways of sale promotion, which it adopts. All the policies relating to the advertising, promotional campaign, marketing activities should be discussed in advance and in a planned way. Companies plan its strategies in three ways like short term, medium term and long-term policies. During formulating a strategy, it must be divided into its nature as they gave its output as per its duration and completion.

Focus on Customer satisfaction: Customer satisfaction is a important factor which decides feedback of whole marketing activities. Firm should be aware about the demand and taste of customer and also its need accordance with the customer. Also only selling should not be aim for the company rather the post selling behavior also is key point.

Focus on HR efficiency: As it is the efficiency of staffs and workers of a company, which decides in achieving its business goals, so it is essential to monitoring the human resource management of the company continuously. How to hire the employee, their training requirements all are the essential part for a HR of a company and it also has to manage how to provide the staffs the latest training facilities and acquainted them with the latest developments and technologies.

Although above are the some points which should be given focus during fixing a Marketing Management Task, many more topics are also available which plays crucial role during marketing activities. The epitome of the matter is that the whole marketing activities should be in a planned and professional way to be successful in the today's neck-to-neck fighting between the marketing companies.

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