Tuesday, February 12, 2008

Marketing Management - Meaning -1

Agency Management Software with crm software and sfa software helps marketing management for any industry. The American Marketing Association defines marketing as follows: “Marketing is the performance of business activities that directs the flow of goods and services from producer to consumer or user.” We talked meaning of marketing management in our last talked. Today we continue our talk on that.

The broader, more sophisticated definitions of marketing management from Drucker, Kotler and other scholars are therefore juxtaposed against the narrower operating reality of many businesses.

The source of confusion here is often that inside any given firm, the term marketing management may be interpreted to mean whatever the marketing department happens to do, rather than a term that encompasses all marketing activities -- even those marketing activities that are actually performed by other departments, such as the sales, finance, or operations departments. If, for example, the finance department of a given company makes pricing decisions (for deals, proposals, contracts, etc.), that finance department has responsibility for an important component of marketing management -- pricing.

ref: Agency Management Software, SFA Software, wikipedia

2 comments:

Anonymous said...

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John Michle said...

The facts and the other informative points mentioned here are quite considerable and to the point as well, it would be a good idea to look for more of these kind to make your business more efficient.

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