Saturday, February 2, 2008

What is Operational marketing?

The following paragraphs summarize the work of Operational marketing experts who are completely familiar with all the aspects of Operational marketing. Heed their advice to avoid any Operational marketing problem.

So far, we've uncovered some interesting facts about Operational marketing. You may decide that the following information is even more interesting.

marketing is the procedure by which the consumers’ wants for certain products and services are distinguished and then consumers are brought in close contact with the services and products. All sorts of business follow the marketing strategies to increase the wants of the respective products and services in the market. Making the consumers aware of the available products/ services in the market is one of the fundamental parts of marketing. By including different arenas like advertising, distribution and selling, the marketing of a product/ service is carried out. Market research is very crucial for any kind of marketing strategy.

Marketing is basically carried out in two levels, namely strategic marketing and operational marketing. Strategic marketing works when organizations grow by competing with the competent companies. In contrast, operational marketing mainly works as per the marketing strategies. The basic points which are significant in operational marketing are how to attract the customers, maximization of their wants and meeting customer satisfaction by catering the best service. In other language the term operational marketing can be described as the means through which the maximum amount and best quality of product/ service can be attained at the least amount. The purpose of marketing mix is also a part of operational marketing.

For making the marketing strategies more lucrative marketing has been segregated into four sets of activities such as product, pricing, promotion and placement (also called distribution). All these four sets blended together strengthen the marketing strategies. While marketing the products the promotional strategies and pricing of the commodities is considered greatly. The distribution of the products and channels used to market the commodities is very important. The wholesalers and agents engaged in the process of distribution of the products effect their marketing to a large extent. Some of the criteria which fall under the operational marketing strategy are:

Optimization of all the marketing processes: All the marketing strategies included in increasing the demand of products should be channelized in proper directions. More wants are to be created among the consumers with better distribution, at a much cheaper rate. Managing multiple vendors effectively: In operational marketing strategy, the vendors involved in the selling and marketing of the products are maintained at cheapest rate. Better communication: Communication is another method of marketing. It is recommended that the communication gap between the manufacturer and vendors should be as less as possible. This not only helps the vendors to know the products better but also put in more effort for selling the products. The marketing team should not have communication gap. This directly affects the promotion and distribution of the products, which further leads to less demand of products/ services. Improving the infectiveness of operational methods: The loopholes pertaining in the operation of proper marketing should be avoided by the manufacturers.

By selecting both the marketing strategies, manufacturers will not only increase the output but also the promotional rates come down. Operational marketing strategy also includes proper advertisement, which increases the publicity and sales of the products/services.

Take time to consider the points presented above. What you learn may help you overcome your hesitation to take action.

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