Thursday, December 15, 2011

Socially Responsible Corporation and Response

The response of the firms that follows corporate social responsibility would be positive. Firms that do not appoint the independent reps after reading this report firms will consider the independent reps to increase their sales and customer base (Schiffman, 2009). Assignment Help With the help of this report all the social responsible corporation will understand the importance of the marketing strategy. Firms effectively follow all the aspect related to the report.

During preparing the advertisement, firms will also consider this report and create effective advertisement plan. Firms will focus on the message that is contained in their advertisement presentation and will include clear message, information, humor etc. in their advertisement (Spoonfed Design, 2008). Firms that work in the U.S. will also focus on this report. Firms that do not follow Occupational Safety and Health Act after reading this report they will follow the OSHA and improve its work environment.

References;
Schiffman, S. (2009). Selling When No One Is Buying: Growing Prospects, Clients, and Sales in Tough Economic Times.USA: Adams Media.
Spoonfed Design. (2008). Retrieved May 6, 2011 from
http://www.spoonfeddesign.com/10-principles-of-effective-advertising.


Tuesday, December 6, 2011

Service Marketing Mix

Marketing mix is one of the most widely accepted and used concepts in the marketing discipline. Assignment Help It is the combination of stages, elements, and variables that needs effective planning and execution of the marketing strategies and activities (Jefkin, 2009).

The marketing mix for services includes seven P’s such as services or product, price, place, promotion, people, process, and physical evidence. It is also useful to describe different kinds of choices an organization have to market its product or services in the market.

Tuesday, November 29, 2011

Marketing Practices in Contemporary Environment

According to Kotler & Keller (2006), Marketing practices refer to an organization’s practices for an effective marketing to acquire & retain customers while focusing on high performance and growth of the organization. An organization adopts innovative and unique marketing practices on the basis of market trends and consumer preferences to gain competitive advantage (Kotler & Keller 2006). As best marketing practices, an organization focuses to sell high-quality products and also provides high-quality services to its current and prospective customers. It assists to high-performance and high-growth of the organization in contemporary environment.

According to Blythe (2006), marketing practices refer to those activities and strategies which are used by firms to market their products and services. The successful organizations build and commence new and innovative products and services which are considered to be best in their industries (Blythe 2006). By introducing new products and services, an organization increases its sales revenue and customer base that assist to organizational growth.

As discussed by Onkvisit & Shaw (2004), in current market scenario, identification and implementation of best marketing practices are very critical task to market leaders due to increase rate of competition and changing behavior of consumers (Blythe 2006). For sustaining in global market, multi-national or global companies use different marketing practices those are most appropriate with locality (Kotler & Keller 2006). The organization’s marketing practices vary from nation to nation. As best marketing practices, an organization uses different practices such as customer relationship management, effective distribution system, advertising strategy, attractive and safe packaging etc those are appropriate with localities (Onkvisit & Shaw 2004).

As discussed by Lambert (2008), in highly competitive environment, effective and efficient distribution system helps an organization for timely supply of products and services to its current and prospective customers. With the help of effective supply chain and logistics management, an organization delivers its products and services to its distribution channels for timely supply to end users in an effective way (Lambert 2008). In similar way, as effective marketing practices, organization focuses on attractive promotional and advertising strategy, packaging etc those are appropriate with customers’ preferences and their surrounding environment.

By using strategy for customer relationship management (CRM), an organization can increase the base of satisfied and loyal customers. It assists to increase the brand value of the organization and also assists to acquire new customers (Theaker 2004). For effective CRM strategy, organization provides high-quality products and excellent services to its existing, new and prospective customers.

References
Blythe, J. (2006) Principles & practice of marketing, London: Cengage Learning EMEA.
Kotler, P. & Keller, K. L. (2006) Marketing Management. (12th ed). London: Prentice Hall.
Lambert, D. M. (2008) Supply chain management: processes, partnerships, performance (3rd e.d.). USA: Supply Chain Management Inst.
Onkvisit, S & Shaw, J.J. (2004) International marketing: analysis and strategy. (4th ed). New York: Routledge.
Theaker, A. (2004) The public relations handbook (2nd e.d.). Great Britain: Routledge.



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