Marketing and Sales

It is the role of the marketing and sales department in a business that is making a product or providing a service to be aware of different types of customers.

Different types of customers will require contrasting types of products.

(E.g. different types of holidays, cars, music and in my case food.)

Market research involves the collecting of information about what is happing in the mind of the customers.

Information can be gathered in two ways, Primary research and secondary research.

Primary research is asking someone their views or opinions. In market research terms this is called survey.

A survey may be conducted face to face, by telephone or by post.

Postal surveys

Postal surveys normally have a poor response unless a prize or incentive is offered to tempt the people to complete them.

Telephone surveys

Telephone surveys are popular and are cheaper than having to interview someone face to face. This method is often used for more in- depth surveys.

For a survey to be valid the sample surveyed must be large enough to give significant results and it must be focused on key customers.

It is no good surveying car owners about the local bus service.

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Secondary research is often known as “desk research”. It relates to looking up facts and figures in books, magazines, on computer databases and in company files. In other words, you are looking at information that already exists, rather than creating your own.

Companies can buy information from other company databases, and obtain statistics about consumer expenditure and details of other competitors.

The main activities of the marketing department is to,

  1. Market research

To find out what customers want and need.

To find out customer opinions on new or existing products.

2) Promotion

To ...

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