Marketing Unit: Role Definition, Strategy Implementation, and Customer Orientation (Job Descriptions, Tasks, Duties)
The marketing division, a vital part of any business, is responsible for propelling product sales in a sustainable manner. Comprising a team of skilled strategists, they design marketing strategies that not only satisfy customer needs but also deliver the right product, at the right price, at the right place, and at the right time.
Multiple Roles of the Marketing Squad
The marketing team wears many hats:
- Customer Insight Detective: They delve into market research to grasp customer expectations, preferences, and pain points, ensuring products and services are genuinely valuable.
- Brand Builder extraordinaire: Through clever marketing campaigns, they spark brand enthusiasm, captivate audiences, and fuel sales growth.
- Relationship Sherpa: They strive to build a loyal customer base by offering exceptional customer service, fostering trust, and creating a welcoming community.
Marketing Beyond Sales: Shaping the Company's Identity
Marketing transcends mere product promotion:
- The Customer Advocate: The marketing team acts as the official voice of customers, communicating their insights and preferences throughout the company to influence product development, pricing, and customer experience.
- Corporate Image Architect: They develop and implement communication strategies to introduce the company and its offerings to the masses, solidifying a positive and trustworthy brand image.
Core Marketing Tasks
The marketing department closely monitors market trends and consumer needs through market research. Their responsibilities also encompass activities like market research, test marketing, advertisement, and branding.
Market Research
Market research lies at the heart of successful marketing. The marketing team employs various methods to gather critical data:
- Gauging customer needs and trends: Interviews, surveys, and focus groups help gather valuable information about customers' requirements and preferences. Such information is indispensable in shaping product development, pricing strategies, and marketing campaigns.
- Segmenting the market: By identifying unique customer segments, the marketing team can develop targeted marketing campaigns that resonate with each audience, resulting in more effective marketing spend.
Marketing Mix
The marketing function primarily revolves around managing four marketing mix aspects: product, price, location, and promotion.
- Product: The marketing team crafts products that cater to consumer desires, addressing essential factors like quality, color, and packaging. They also map product positions, design unique selling propositions, and differentiate products to suit varying market preferences.
- Price: The team determines appropriate pricing strategies, including cost-plus pricing, competition-based pricing, and more, depending on factors like market demand, production costs, and competitor pricing.
- Promotion: Through activities like advertising, sales promotion, personal selling, direct marketing, sponsorship, and public relations, the marketing team informs and persuades consumers to purchase the company's products.
- Place: The marketing division oversees product distribution, ensuring it's readily available to customers in the most suitable locations and times.
Additional Marketing Duties
The marketing department's responsibilities typically extend beyond these core functions, depending on factors like business size, strategy, and available resources:
- Competitive Analysis: Monitor competitors, understand their market position, and formulate suitable counter-strategies.
- Product Management: Evaluate and map out product strategies, such as withdrawal, investment escalation, or collecting cash.
- Marketing Information Management: Gather and integrate valuable marketing information, including sales targets, sales realization, customer profiles, and market trends.
- Marketing Budget Management: Manage the marketing budget to provide sufficient support for the marketing strategy.
- Customer Relationship Management: Study customer preferences, maintain relationships, encourage repeat purchases, and attract new customers.
- Branding: Ensure the brand is marketing-friendly and capitalize on branding strategies like individual, family, or corporate branding.
- Online Channel Management: Oversee online presence, monitor trends, build relationships with customers, and promote products.
Coordination with Other Departments
To achieve business success, a company must seamlessly blend various business functions. The marketing department relies on other departments, such as finance, human resources, production, research & development, and information technology, for mutual support.
- Finance: Coordination of sales targets, budget preparation, and cash flow forecasting.
- Human Resources: Workforce planning, staff recruitment, and training.
- Production: Product specifications, production capacity, inventory, and raw materials logistics.
- Research & Development: New product development based on marketing insights.
- Information Technology: Development of databases and information systems to support marketing activities.
Sources
- Business Functions: The Cornerstone of Effective Organizations
- Human Resource Department Explained: Hiring, Training, & More (Roles, Functions)
- Core vs. Support Business Functions: Building A Harmony For Success
- How are Business Functions Interrelated?
- Organizational Structure by Function: Advantages and Disadvantages
- Accounting and Finance Department: Roles, Responsibilities, Impacts
- Operations Department: Roles and Relationships With Other Business Functions
- How the Corporate Strategy Affects Business Functions
- Decoding Business Functions: How They Work Together
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- The marketing team, consciously aware of the importance of business expansion and technology advancements, collaborates with the finance department to identify innovative funding opportunities and maximize efficient resource allocation for various marketing projects.
- As champions of brand growth and development, the marketing division keeps abreast of the latest technology trends, exploring cutting-edge applications to improve market research efficiency and creating dynamic, technology-enhanced marketing campaigns that captivate a broader audience, spur sales, and propel the business into the future.