Skip to main content

CONTROL OF MARKETING OPERATION

CONTROL OF MARKETING OPERATION

                 Marketing control is an essential part of the marketing function. All the marketing activities are planned and implemented with the objective of achieving marketing goals. Marketing control provides the means whether the desired goals have been achieved or not and if necessary, applying corrective measure so that the performance takes place according to plans. It involves determination of standard and yardsticks, gathering information on marketing performance, doing comparison to identify deviations and suggest corrective measure whenever these are needed.

OBJECTIVE OF MARKETING CONTROL

             The purpose of marketing control is to keep the marketing activities on the right track and align them with the plans and goals of the organisation. It ensure whether marketing plans are executed properly and the progress towards the goal is made.

(i) To evaluate the marketing activities of the organisation.

(ii) To ensure proper implementation of marketing plans.

(iii) To ensure consistency and uniformity of marketing activities.

(iv) To detect deviations with reasons and providing solutions to remove them.

(v) To provide yardsticks to measure marketing performance.

(vi) To ensure optimum utilization of available resources. 

Comments

Popular posts from this blog

International Sales Management

Int ernational Sales Management Sales management is the process of developing a sales force, coordinating sales operations, and implementing sales techniques that allow a business to consistently hit, and even surpass, its sales targets. If your business brings in any revenue at all, a sales management strategy is an absolute must. When it comes to boosting sales performance for any size of the operation, no matter the industry, the secret to success is always precise sales management processes. Besides helping your company reach its sales objectives, the sales management process allows you to stay in tune with your industry as it grows and can be the difference between surviving and flourishing in an increasingly competitive marketplace. The past decade has seen a number of changes in global situations. Chief among these is the opening up of Russia, India, and Eastern European countries and the emergence of China as a major market. A sale is an important element of marketing. ...

Mintzberg’s Modes of Strategic Decision-Making

  Mintzberg’s Modes of Strategic Decision-Making 1. Entrepreneurial Mode: Strategy is made by one powerful individual who has entrepreneurial competencies like innovation and risk-taking. The focus is on opportunities. Problems are secondary. Generally, the founder is the entrepreneur, and the strategy is guided by his or her own vision of direction and is exemplified by bold decisions. 2. Adaptive Mode: Sometimes referred to as “muddling through,” this decision-making model is characterized by reactive solutions to existing problems, rather than a proactive search for new opportunities. Much bargaining goes on concerning priorities of objectives. The strategy is fragmented and is developed to move the corporation forward incrementally. 3. Planning Mode: This decision-making model involves the systematic gathering of appropriate information for situation analysis, the generation of feasible alternative strategies, and the rational selection of the most appropriate strategy. It incl...

EARN MONEY ON GROWW APP

  Earn your ₹1000 reward straight to your Groww Balance by activating your account using this link here:  https://groww.app.link/refe/sonu11439773