Know: ‘timing is everything.’
Marketing Insights from A to Z
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Marketing insights from A to Z philip kotler
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Marketing Insights from A to Z would also like the accountants to give them better measures of the profitability of different geographical areas, market seg- ments, channels, and individual customers. This information would help marketers allocate their efforts closer to the areas of greater profit. • Even within the larger marketing group, there are frictions between marketing, the sales force, and customer service. Marketing began as a function to help the sales force sell bet- ter. Marketing helped by getting leads through advertising, brochures, and other communications. Later, marketing gath- ered information to estimate market potential, assign sales quotas, and develop sales forecasts. Salespeople often have complained about marketing setting sales quotas or company prices too high, saying that more money should go to the sales force (and less to advertising) to raise their compensation or to hire more salespeople. When marketing and sales get into conflict, sales often wins because salespeople are responsi- ble for short-term results. As for customer service, this has typically been treated as less important than getting the sale. When customers complained to customer service, salespeople could re- sent the watchdog role customer service plays, although good customer service is in their best interest in the long run. The fact is that these departments are in active competition for a limited budget, each making the case that they can spend the money better. Each department also wants to feel important and respected by the other groups. The challenge is how to break down departmental walls and harmonize the efforts of different departments to work as a team. Here are two approaches: Marketing Department Interfaces 105 1. Companies would hold meetings of two departments at a time to express their views of each other’s strengths and weaknesses and offer their suggestions for how to improve their relationship. 2. Companies are increasingly managing processes rather than functions and putting together cross-disciplinary teams to manage these processes. The various members begin to ap- preciate each other’s point of view, and hopefully this pro- duces better understanding. arketing Ethics Companies often must choose between taking the high road and making the decent decision versus taking the low road and breaching their customers’ trust. Tylenol took the high road when someone tampered with its pills. It immediately recalled and destroyed its stock. Intel took the middle road because it hesitated to replace a chip that had a minor defect. Ford on occasions has taken the low road by denying faults with some of its cars. Business practices are often under attack because business situa- tions routinely pose tough ethical dilemmas. One can go back to Howard Bowen’s classic questions about the responsibilities of a businessperson: Download 1.62 Mb. Do'stlaringiz bilan baham: |
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