Best marketing
management
Best
marketing
management focuses on the marketing techniques, the marketing
management, resources and activities. The best
marketing management concentrates on how to influence level of timing
and answer to consumers' demand.
Marketing management is a broad task and a manager
act as the general
executive of his assigned product.
Any resource activities that a company applies are series of
marketing strategies which are suitable for that
company's aim .
A good company with the right marketing strategy is able to market
their product effectively and return their
investment.
Regis Mckenna argued in one of his
viewpoints in one of his Harvard Business review article that
because marketing management encompasses all factors that influence a
company's ability to deliver value to
customers, it must be "all-pervasive, part of everyone's job
description, from the receptionists to the Board of
Directors."
The management guru, Peter Drucker declares: "Because the
purpose of business is to create a customer, the business
enterprise has two and only these two basic functions: marketing and
innovation. Marketing and innovation produce
results; all the rest are costs. Marketing is the distinguishing,
unique function of the business."
As we see many companies operate with a
limited definition of marketing
and developer less advertising sales
brochures and advertising campaigns.
We may have noticed that the source of confusion in any
marketing campaigns is that many marketing managers apply
wrong marketing campaigns for their product and many times fail to
answer their consumers' demand.
Other marketing gurus and scholars have defined broader
definition of marketing management. They have juxtaposed
against the reality of many businesses. One may imply that the source
of confusion can be found inside any
organization, as we all know that the term marketing management may be
interpreted to whatever the marketing
department happens to do, rather than a term that encompasses all
marketing activities -even those marketing
activities that are actually performed by other departments, such as
the finance, operations or sales departments.
If, for example, the finance department of a given organization makes
pricing decisions (for deals, proposals,
contracts, etc.), that finance department has responsibility for
pricing. Best marketing management depends on
other factors such as managing the marketing segmentation.
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