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Friday, April 7, 2017

Basic Principles And Functions Of Marketing

The concept of marketing appeared in Russia not so long ago. He is developing a market management concept in some industries of enterprises. Among the main functions of marketing should be noted analytical, sales and production. Also, do not forget about the control and management functions.
To better understand the goals and objectives of marketing, you need to elaborate on the description of each of them.

↑Analysis and research
The analytical (research) function of marketing is one of the main in this direction of the firm's activity. At the same time, it is possible to realize it in practice only on condition of an effective system of organizing the collection and analysis of information. A thorough analysis of the market situation, internal activities of the enterprise and development prospects, allows improving the management system and increasing the efficiency of commercial activities. It is recommended to study well the products offered by the implementer, its features, the conditions for its promotion and other nuances.
 The analytical function of marketing pursues such tasks as a general study of the market and the range of potential consumers, their social status. It is the latter that can influence the effectiveness of the entire sales strategy. The main functions of marketing include the analysis of the structures of companies that are somehow associated with this type of business. This includes competitors, buyers, as well as firms that are intermediaries or suppliers.
In addition, the essence of the function is a detailed analysis of the internal activities of the firm . For marketing, this is a priority. The goal, which is before the research, is, first of all, the identification of problems, if any, that are a hindrance to development. The principles of marketing quite often resonate with this line of business. After all, it is important to focus on the final result of the activity.

↑Sales of products and services
Calling marketing functions in the enterprise, do not forget about the sales. A sales function is otherwise called a sales function. Its goals are to organize goods circulation and quality service, which should attract consumers. The essence lies in a purposeful and effective implementation of the commodity policy.
The objectives of the principles used are to ensure the formation of an assortment of products or services to ensure the implementation of planned sales volumes.
The tasks and functions of marketing are also directed to the pricing policy of the business. The efficiency of the entire institution is usually confirmed by the commercial results of the work. Here, the principles aimed at improving and adjusting the price strategy are also implied.

↑Production and assortment
Particular attention should be given to production moments. In this context, we mean the organization of new products or the expansion of service offerings, depending on the direction of activity. The production function provides solutions for optimizing production and changing the range. This helps to increase the commercial success of the business and bring greater profits.
Therefore, marketing elements are used to develop a new strategy for the organization. Due to this, the firm can remain a monopolist for a while in its field, which, in turn, will promote greater profits.
The essence of such a function is an increase in the material and technical supply of the enterprise . The goals set for marketing in this situation are to improve the quality management of the products offered. Thanks to this, the competitiveness of the goods increases, more consumers are attracted. As a result, the work of the marketing department achieves the desired result.
An important part of the provision of production is its material and technical supply. Here the enterprise can use the provided opportunities of the wholesale market, other types of procurement of resources that will be needed in the company's work. Marketing specialists are called upon to help in this sphere, for which the most effective plan of activity in this direction is being developed.

↑Control and management
Also, the function of the marketing department is the development of an effective strategy for the development of the enterprise in all areas of business. Including in the sphere of control and management. Realization of competent marketing is impossible without careful planning. And it should be not only strategic, that is, composed for the future, but also operational.
The essence of management in marketing consists in the constant analysis of the effectiveness of the organization. It is necessary to trace all the chains of work, starting directly from production and ending with getting payment for the goods. The principles used for marketing take into account this moment of the firm's activity. The organization of control over all decisions taken is one of the final, and very important, moments. Only after tracing all the implemented plans and analyzing their effectiveness can we speak about the quality of the conducted business policy.
The basic principles and functions are realized in planning and developing in practice various ideas, promoting products in a way that is beneficial and effective for the development of the company. Increasing the turnover by improving the material base, expanding the proposed goods, developing a quality advertising company, marketing policy is primarily designed to increase the profit of the enterprise.

Speaking about which marketing principles and functions are most important, you can not single out any specific ones. They are all interconnected. So, quality and price are appreciated by the consumer. And the organization of delivery influences the increase in sales of products.
The essence of marketing is that all the components of success harmoniously combined, bringing the owner of the organization a profit.
Principles of marketing can be used in a variety of ways. The main thing when choosing a planning is its effectiveness. It is not for nothing that the marketing goals often consist in certain financial efficiency from the policy of the company conducted at the enterprise in this direction. This should include advertising campaigns. Also important is the service and its organization, this allows to further increase business opportunities and its profitability.

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