How effectual marketing management guarantees success - Distance PGDM in Marketing | MBA Distance Education - PowerPoint PPT Presentation


Title: How effectual marketing management guarantees success - Distance PGDM in Marketing | MBA Distance Education


1
How effectual marketing management guarantees
success
  • http//www.mitsde.com

2
How effectual marketing management guarantees
success
  • Marketing management is an intricate process that
    entails choosing the target market and satisfying
    the customers needs by planning, promoting,
    generating, and distributing services and
    products of top-quality.
  • Marketing management is a wide term. It lays
    emphasis on domains such as customer need
    analysis, forecasting of the market situation,
    customer retention and cost-cutting processes. It
    introduces the products to the intended buyers.
    Without adept marketing, the business cannot
    garner success as the potential consumers are
    unaware of the products so how and why would they
    buy them.

3
1.  Spreading product awareness
  • If a business is looking for success, then the
    products and services that it has launched must
    be known to the buyers. Communication is de
    rigueur in every business.
  • Since personal communication is not possible,
    hence marketing strategies are applied to create
    product awareness. If marketing is not adopted,
    then the customers will never be aware of the
    latest products and the offers.
  • Good advertisements and sales promotion attract
    more and more customers. A popular product is
    even recommended to others. This is exactly how a
    business grows.

4
2.  Increase in sales
  • Once a product is advertised, there are chances
    that the customers will start purchasing it. If
    the consumers find the product of great use, then
    theyll start recommending that product to their
    family members or friends.
  • The sales will hence start increasing as the
    words will spread. This activity involves
    advertisements, sales promotion, personal selling
    as well as publicity at a large platform.
  • It is clearly noticed that without these
    marketing strategies, a business cannot succeed
    as there would be no awareness of that product
    and hence lesser sales.

5
3.  It enhances the reputation of the company
  • A companys success is primarily dependent on its
    reputation. Consumers prefer buying goods and
    services from well-known big brands. Better the
    reputation of the company, higher will be the
    sales. It is effective marketing that brings the
    companies into the limelight.
  • Furthermore, marketing management ensures that
    the products are of superior quality. A company
    with regular success stands in the eyes of the
    customers. It is known to provide good quality
    products which make them dependent on that
    companys products. Hence, it is noticed that as
    the goodwill of company increases, its demand and
    sales also augment.

6
Summary
  • Since marketing management is essential for the
    success of every business, a lot of companies
    hunt for proficient marketing managers. Highly
    skilled and knowledgeable individuals witness
    enormous opportunities knocking their doors and
    there are even good changes of hike in salary and
    promotions. Aspirants can pursue a Distance MBA
    in Marketing Management from MIT School of
    Distance Education. This job-oriented course is
    offered via distance learning mode which bolsters
    up its worth. So, whether you are a fresh
    graduate or a working professional, you can
    easily take on the course according to your
    convenience.
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How effectual marketing management guarantees success - Distance PGDM in Marketing | MBA Distance Education

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he process begins right before the production phase and continues even after sales to ascertain consumer’s reaction and plan better marketing strategies. Effectual marketing management guarantees success in a couple of ways,check out here.Aspirants can pursue a Post Graduate Diploma in Marketing Management from MIT School of Distance Education. This job-oriented course is offered via distance learning mode – PowerPoint PPT presentation

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Title: How effectual marketing management guarantees success - Distance PGDM in Marketing | MBA Distance Education


1
How effectual marketing management guarantees
success
  • http//www.mitsde.com

2
How effectual marketing management guarantees
success
  • Marketing management is an intricate process that
    entails choosing the target market and satisfying
    the customers needs by planning, promoting,
    generating, and distributing services and
    products of top-quality.
  • Marketing management is a wide term. It lays
    emphasis on domains such as customer need
    analysis, forecasting of the market situation,
    customer retention and cost-cutting processes. It
    introduces the products to the intended buyers.
    Without adept marketing, the business cannot
    garner success as the potential consumers are
    unaware of the products so how and why would they
    buy them.

3
1.  Spreading product awareness
  • If a business is looking for success, then the
    products and services that it has launched must
    be known to the buyers. Communication is de
    rigueur in every business.
  • Since personal communication is not possible,
    hence marketing strategies are applied to create
    product awareness. If marketing is not adopted,
    then the customers will never be aware of the
    latest products and the offers.
  • Good advertisements and sales promotion attract
    more and more customers. A popular product is
    even recommended to others. This is exactly how a
    business grows.

4
2.  Increase in sales
  • Once a product is advertised, there are chances
    that the customers will start purchasing it. If
    the consumers find the product of great use, then
    theyll start recommending that product to their
    family members or friends.
  • The sales will hence start increasing as the
    words will spread. This activity involves
    advertisements, sales promotion, personal selling
    as well as publicity at a large platform.
  • It is clearly noticed that without these
    marketing strategies, a business cannot succeed
    as there would be no awareness of that product
    and hence lesser sales.

5
3.  It enhances the reputation of the company
  • A companys success is primarily dependent on its
    reputation. Consumers prefer buying goods and
    services from well-known big brands. Better the
    reputation of the company, higher will be the
    sales. It is effective marketing that brings the
    companies into the limelight.
  • Furthermore, marketing management ensures that
    the products are of superior quality. A company
    with regular success stands in the eyes of the
    customers. It is known to provide good quality
    products which make them dependent on that
    companys products. Hence, it is noticed that as
    the goodwill of company increases, its demand and
    sales also augment.

6
Summary
  • Since marketing management is essential for the
    success of every business, a lot of companies
    hunt for proficient marketing managers. Highly
    skilled and knowledgeable individuals witness
    enormous opportunities knocking their doors and
    there are even good changes of hike in salary and
    promotions. Aspirants can pursue a Distance MBA
    in Marketing Management from MIT School of
    Distance Education. This job-oriented course is
    offered via distance learning mode which bolsters
    up its worth. So, whether you are a fresh
    graduate or a working professional, you can
    easily take on the course according to your
    convenience.
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