StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

5 Marketing Problems We Need To Solve Now - Essay Example

Cite this document
Summary
The analysis is about an article published in the website of Forbes in July 2013. The article focuses on five issues that are critical for marketing: the credibility of sample in marketing research, marketing simulation, the search engine optimization, the marketing integration and the skills gap. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
5 Marketing Problems We Need To Solve Now
Read Text Preview

Extract of sample "5 Marketing Problems We Need To Solve Now"

Download file to see previous pages

All these issues are important in order for marketing to respond to the demand of this role. Moreover, according to the author of the article, the challenges that marketing currently faces in regard to the specific elements/ sectors are strong. The specific elements of marketing have been set under evaluation through this paper using appropriate literature. The issues on which the article focuses have been explained in the literature using different approaches. Reference should be made primarily to the criteria on which the sample used in a marketing research project is chosen.

According to Stevens, Wrenn and Loudon (2012) the sample that will be employed in a marketing research plan should not be chosen before identifying the research questions and before setting the research hypothesis. Lamb, Hair and McDaniel (2008) also agree that the choice of a sample that will be used in a research project needs to be made after finishing the marketing plan on which the specific project will be based. Based on the above, the view developed in the article that without a complete marketing plan no action in regard to a specific marketing research project should begin should be considered as fully verified.

Marketing simulations, an element of marketing that it is analyzed in the article under evaluation, should be further explored (Sandhusen 2008). The value of marketing simulations can be considered as high. In fact, through the specific technique a marketer has the option to check his idea, as related to a marketing plan (Sandhusen 2008); if the particular idea is proved as non-feasible or two risky, then no losses would occur, since the whole process has been virtual (Baker 2012). The advantages of simulations in marketing are analyzed in the study of Greg (2013).

The specific view of Greg is aligned with that of Lilien, Rangaswamy and De Bruyn (2013); the above researchers highlighted the value of simulations in marketing and explained that without simulations marketers would not be able to check the performance of a marketing plan. Also, such practice has the advantage of non-cost; it can be therefore employed even by firms that do not have the resources to respond to their daily needs in terms of marketing (Lilien, Rangaswamy and De Bruyn 2013). A similar view should be developed in regard to the search engine optimization, as a practice widely used by firms for attracting more customers.

Search in the Internet is one of the most important parts of marketing research. The challenges related to this part are many (Lieb 2009). The terms used for developing the research need to be carefully chosen, then the material available in the literature should be identified and categorized so that mistakes are avoided in regard to the results of the research (Enge et al. 2012). SEO implies the use of marketing for establishing a strong presence in the virtual marketplace (Terrelonge 2011).

However, as also explained in the article under examination the rules and the principles of SEO are, still, not fully clear (Trika 2010). There are certain steps for establishing a strong presence in the Internet using SEO (Kennedy and Hauksson 2012) ; the users of social media seems to be unaware of the actual potentials of SEO, a fact that it is also noted in the article of Greg (2013). At the same time, the lack of integration in marketing seems to be one of the most critical problems of the particular sector (Greg 2013).

Integration in the above case is a term used for showing that the sector’s professionals avoid joining their ideas for developing successful marketing projects (Greg 2013). For Pride and

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“5 Marketing Problems We Need To Solve Now Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
5 Marketing Problems We Need To Solve Now Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/marketing/1497267-5-marketing-problems-we-need-to-solve-now
(5 Marketing Problems We Need To Solve Now Essay Example | Topics and Well Written Essays - 750 Words)
5 Marketing Problems We Need To Solve Now Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/marketing/1497267-5-marketing-problems-we-need-to-solve-now.
“5 Marketing Problems We Need To Solve Now Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/marketing/1497267-5-marketing-problems-we-need-to-solve-now.
  • Cited: 0 times

CHECK THESE SAMPLES OF 5 Marketing Problems We Need To Solve Now

Marketing and Management

This assignment "marketing and Management" shows that the study is about the management of the marketing of an organization that is based in the UK market.... The study focuses upon the marketing skills of the owner and the management of the organization in showing potential towards.... hellip; The study focuses upon the marketing skills of the owner and the management of the organization in showing potential towards managing their customers with different marketing tools....
10 Pages (2500 words) Assignment

Classic Airlines Marketing Solution

It is widely believed that problems are part of everyday business and great problem solvers are better positioned to solve their customer's needs effectively (Zwilling, 2011).... Against this background, this essay seeks to utilize the nine step problem-solving model to solve Classic Airline's marketing problem.... The high operating costs have limited the airline's ability to compete for valued frequent flier given that it is now confined in a restrictive cost structure....
8 Pages (2000 words) Essay

Zynga Wins with Business Intelligence

For them to stay in business, they realized that they need to have a continuous analysis of the trend, habits and they have used this to keep crafting their games appropriately.... For them to stay in business, they realized that they need to have a continuous analysis of the trend, habits, and behaviors of their users and they have used this to keep crafting their games appropriately.... For the Zynga business model to survive they require or need to be constantly mining the huge reservoirs of data on their users that is then used to improve the decisions that they make in relation to the directions that their gaming experiences should take....
4 Pages (1000 words) Case Study

The Definition of Marketing Research

It is original and collected for a specific purpose, or to solve a specific problem.... While effort is placed for any kind of investment, there is need to make some finding which deals with research, so that the aim will be achieved effectively.... we consider some of them.... ut, what is the definition of Marketing Research "Marketing research is the function that links the consumer, customer, and public to the marketer through information - information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process....
5 Pages (1250 words) Essay

University Sunrise Foods PLC

we have also analysed these shortcoming with the help of various tools and techniques of services marketing.... The case helps us to understand the various problems being faced by the firm.... his case deals with the problems that are being faced by Sunrise foods and tries to provide reasonable solutions to the above problems....
19 Pages (4750 words) Case Study

The four kinds of market-product strategies

ame Product New Market (Market development) In this strategy, an organization takes the same product that it is currently dealing in to new markets, to turn its prospective customers into its routine and regular customers by identifying a need in that segment.... For example we, in our student life someway practise marketing.... When we make presentations in class we try to present our idea in the best form and try to convince our class fellows towards our idea in an attractive ways....
4 Pages (1000 words) Essay

Lack of a Clear Plan, Ineffective Leadership, Marketing Effectiveness

rrespective of the industry, a small business operates in; it has been found that they suffer from largely the same types of problems.... This gives rise to many leadership related problems and loss of far-sighted visions.... The discussion below further details the types of problems faced by small businesses.... ven if a business has proper marketing strategy and plan, the execution...
11 Pages (2750 words) Term Paper

Thomas Heatherwick: The Da Vinci of Our Times or Solving Problems that Don't Need Solving

Thomas Heatherwick was popular because he had the genius capacity to solve problems needed to be solved, revolting against standardized architecture's creativity absence (Gartman 259).... The following essay "Thomas Heatherwick: The Da Vinci of Our Times or Solving Problems that Don't need Solving?...
5 Pages (1250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us