Thursday, April 4, 2013

Discuss the Marketing Environment

The Marketing surroundings consists of a complex set of interacting forces and influences outback(a) the foodstuffing department of an organization. The Marketing Environment affects the organizations ability to plant and maintain mutuall(a)y beneficial relationships with its draw a bead on customers. Through perpetual monitoring its Marketing Environment a company essential be able to anticipate change and act in a pro active way rather than loss it to a reactive reaction. It must also keep up to date by realizing any effective changing forces. It does this by monitoring SWOT i.e. Strengths, Weaknesses, Opportunities and Threats. Obviously necessitateing to maximize on Strengths and Opportunities and eliminate Weaknesses and Threats. Marketers must use marketing intelligence and market research when monitoring the Marketing Environment.

The Marketing Environment puke be divided into two main categories; the Micro and the big Environment.

The Micro Environment

This can also be divided. Internal Environment and Forces close to the organization.

The Internal Environment. This consists of crest Management and Other departments.

The extend management is responsible for setting the organizations overall mission, objectives, strategies and policies to guide all the organizations departments and employees. The success of the company is dependant on the competence of the Top managers.

Other departments must co-ordinate their efforts as to maximize potential and stave off conflicts.

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The smoother the departments work together the better the overall answer is going to be. All employees should realize the importance of being market-orientated and of delivering customer satisfaction.

Forces close to the organization. This consists of Competitors, Marketing Intermediaries, Suppliers of resources, Customers and Publics.

Competitors: must offer superior lever & satisfaction than their competitors and make it widely known end-to-end the target market. Companies must make an effort to attract their target customers and retain them by delivering customer satisfaction. These companies must watch their competitors closely...

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