Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Group - 9
Outlines of the Topics:
Titles Name of Presenters
• It is the process of monitoring the proposed plans as they proceed and adjusting
where necessary.
• Environmental Adaptation
Marketing Control is a Cyclical Process :
Setting Standard
Evaluate
Performance
Features of an Effective Control System
By: Vasanth
Features of an effective control system:
• Accuracy
• Timelines
• Flexibility
• Acceptability
• Integration
• Strategic placement
• Corrective action
• Economic feasibility
Methods of Marketing Control:
Marketing control is the process of monitoring the proposed plans as they proceed
and adjusting where necessary .
Philip Kotler consider the four types of control
2. Profitability control
3. Efficiency control
4. Strategic control
I. Annual Plan Control
In this method ,annual plans are prepared for various activities. Each Plan includes
setting objectives, allocating resources, Defining time limit and formulating rules,
Policies and Procedures.
It contains checking ongoing performance against annual plan and taking corrective
action
Measures of Annual Plan Control:
It ensures that the firm is not overspending to achieve it’s annual sales goals
Different marketing expenses are watched in relations to sales.
It means net profits, net sales, assets and expenses are studied to find out rate return on
total assets and rate of return on net worth
5. Analysis of customer and stakeholder attitudes
Base on their attitudes, preference and satisfaction ,management can take early
actions.
This tool is preventive in nature as adverse impact on the future results can be
prevented by advanced steps.
II. Profitability Control
Method or tools:
The marketing effectiveness review
• Systematic
• Periodic
• Independent
• Critical Review
• Evaluation
• During times of economic strain, 60% of U.S. women and 53% of U.S. men have
engaged in positive social change by donating money, goods, or services
• 4 out of 5 adults believe: “I can make the world a better place by my actions”
• 71% of women and 61% of men in the United States say they want to help people
that are less fortunate than they are
Social Marketing:
• It is the use of marketing theory, skills and practices to achieve social change
• It aims to behaviors that benefit individuals and communities for the greater social
good
• To create a better image in the society for the company than it’s competitors.
By: Surajkumar
Meaning:
● Consumer protection is a group of laws and organizations designed to ensure the rights
of consumers, as well as fair trade, competition, and accurate information in the
marketplace.
● The laws are designed to prevent the businesses that engage in fraud or specified unfair
practices from gaining an advantage over competitors. They may also provide
additional protection for those most vulnerable in society.
Importance:
1. To Organize Consumers
2. Provide Market Information
3. Importance of Physical Safety
4. Avoiding Monopoly
5. Prevention from Malpractices
6. Avoiding Pollution
7. Misleading Advertisements
8. Informing Consumers about their Basic Rights
Consumer law:
Consumer protection law or consumer law is considered as an area of law that regulates
private law relationships between individual consumers and the businesses that sell those
goods and services.
In India, consumer protection is specified in The Consumer Protection Act, 1986. Under this law,
Separate Consumer Dispute Redress Forums have been set up throughout India in each and
every district in which a consumer can file his complaint on a simple paper with nominal court
fees and his complaint will be decided by the Presiding Officer of the District Level. The
complaint can be filed by both the consumer of a goods as well as of the services.
This principle amply reflects the inclusion of the philosophy of the concept of
consumerism in article 47 of the Indian Constitution:
● The Agriculture Produce Act of 1937 act provides grade standards for agricultural
commodities and live stock products.It specifies the conditions which govern the use of
standards and lays down the procedure for grading, marking and packaging of
agricultural produce.The quality mark provided under the act is known as AGMARK-
Agricultural Marketing.
● Consumer Protection Act, 1986 is an Act of the Parliament of India enacted in 1986 to
protect the interests of consumers in India. It makes provision for the establishment of
consumer councils and other authorities for the settlement of consumers' disputes and
for matters connected therewith also.
Consumer Grievance Resolution:
➢ STATE CONSUMER HELPLINES: State Consumer Helplines have been set up by State
Governments with the objective to encourage Alternate Consumer Disputes Redressal mechanism at
State level and help in resolving cases through mediation.
➢ ONLINE CONSUMER COMMUNITIES:In association with the Local Circles, a social media
platform, the Government has launched a platform ‘Online Consumer Communities’ for citizens
to discuss and opine about governance and daily life issues. Through this, a citizen can get
connected with their Government, City, Causes, Neighborhood, Interest, needs and any other
communities they are a part of.
• To build good image about the organization in the mind of customer, employees,
shareholders &the society.
Ethical Issues in Marketing:
We discuss marketing issue by using 4P’s of
Marketing:-
● Customer safety
● Product liability and reliability
● Designing for special needs
Packaging:
● Label Information
● Packing Graphics
● Packing Safety
Price:
• Price Fixing
• Price Skimming
Placing (Distribution):
• Product distribution ( place) is one of the four elements of the Marketing Mix
• Distribution of product or service is transporting them from manufacture to stockiest,
wholesaler , retailer and then to consumers.
Promotion (Advertising & Branding):
Promotion is one of the four elements of marketing mix (product, price, promotion,
place).
It is the communication link between seller & buyer for the purpose of influencing ,
informing or potential buyers purchasing decision.