This paper circulates around the core theme of Brief stakeholders who participated in the marketing planning process on their implementation roles and responsibilities together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Business Development – Marketing
Elements and Performance Criteria
Elements describe the essential outcomes.
Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Implement marketing strategies and tactics
1.1 Brief stakeholders who participated in the marketing planning process on their implementation roles and responsibilities
1.2 Identify and brief marketing and non-marketing personnel critical to success of the marketing plan, on objectives, performance measures, and their roles and responsibilities
1.3 Prioritise marketing strategies and identify resources for their implementation, in accordance with organisational requirements
1.4 Implement communication and team building strategies to ensure personnel responsible for each element of the marketing mix work together to meet the organisation’s marketing objectives
1.5 Implement strategies for monitoring marketing activities and analysing marketing performance, in accordance with marketing plan
2. Monitor marketing strategies and tactics
2.1 Monitor and implement promotional activity against communication objectives in the marketing plan
2.2 Monitor product, pricing and distribution decisions against organisational policy and objectives of the marketing plan
2.3 Monitor marketing results against targets in the marketing plan
2.4 Monitor marketing revenue and costs against budget, and analyse record variations
2.5 Prepare and present marketing reports indicating ongoing progress towards marketing objectives
3. Evaluate and improve marketing performance
3.1 Regularly assess marketing performance against objectives
3.2 Identify opportunities for improvement through discussion with customers and personnel responsible for each element of marketing mix
3.3 Change business practices in line with changing customer requirements to maintain business relevance and viability
3.4 Document recommendations for improvement in accordance with organisational requirements
3.5 Communicate changes to marketing objectives and targets with relevant stakeholders, to facilitate implementation