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Communication challenges in business
Communication in a business environment
Business Communication
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Marketing is a process of creating or fulfilled customer needs by providing goods or services (Harrogate Borough Council, 2012). Whereas, communications in a marketing world is the process that organization and its audience are connected with each other (Harrogate Borough Council, 2012). Marketing communications is a management method through which an organisation enlists with its diverse assemblies whereby organisation must know how to present messages for their recognised stakeholder assemblies by comprehending an audience’s communications natural environment, before evaluating and acting upon the responses (Fill, C. & Jamieson, B., 2011). Therefore, one should have the ability to critically evaluate the trading connection strategies adopted by an organisation in order to comprehend more about the trading connection (Fill, C., 2002) in a marketing communication world.
The chosen organization that will be discussed for this assignment is the Astro Malaysia Holdings Berhad. The main reason this organisation is been chosen is because Astro Malaysia Holdings Berhad is one of the successful and highest integrated buyer media entertainment group in Malaysia and also in Southeast Asia. Thus, auditing the marketing communication tools that are being used by Astro Malaysia Holdings Berhad are needed to accessed the effectiveness of the marketing communication.
‘Astro’ is the brand name for the Malaysian direct broadcast satellite (DBS). The name Astro resemble as ‘All-Asian Satellite Television and Radio Operator’. Astro have the capabilities to transmit digital satellite TV and radio to every household in Malaysia and including Brunei. Astro Malaysia Holdings Bhd also has operations at All Asia Broadcast Centre which are located in...
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...ork (2012) Astro Digital Publications. Available at: http://www.astro.com.my/astroview/index.html (Accessed 27 April 2014).
Mexican Statement (1978) The Place of Public Relations in Management Education. Public Relations Education Trust, June.
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Schultz, D., Tannenbaum, S.I and Lauterborn, R.E. (1994) Integrated Marketing Communications, Chicago, NTC Business Books.
Urban Wallace Associates (2005) Develop Marketing Communications or a Sales Message. Available at: http://www.uwa.com/compadv_b_003.pdf (Accessed 26 April 2014).
Wilson, A. (2001) Creating a Climate for Change- The Case for Media Neutral Planning and How to Get There, ATG UK. Available at: http://www.marketing-society.org.uk/downloads/climate-change-mnp.pdf (Accessed 28 April 2014)
Marketing is the process of searching for options for accumulating profits by identifying the demands of the people and satisfying their needs with appropriate products. In today’s globalized business world, marketing can play a vital role in establishing trade blocks all over the globe with competitive and cutting edge market, research, policies, strategies and activities.
In a competitive environment where market is changing instantly, organizations are in a fix to design a strategy that could market their products enticing the consumers to buy their products and services. Market is the arena for business gladiators who fight out for maximum share and profitability and this is possible only through effective marketing strategy. Competing in present economy means finding ways to break out of commodity status to meet customers’ needs better than competing firms (Ferrell and Hartline, 2010). The intensity of competition has increased after the introduction of media and internet where the companies present their product in the best way through advertisements, product reviews, blog entries, etc. With the advancement in technological innovations, companies have found various ways of providing services to the consumers in a cheaper and effective way and this has resulted in communication revolution in late 1990’s as the cellular technology was unfold in most of the regions. Singtel Optus Pty Limited (Optus) is one such company that has evolved during this period as a leader in integrated communications and this paper is assumed to make an analysis of the company’s marketing strategy and its financial position in the market industry.
Lamb, C. W., Hair, J. F., McDaniel, C. D., & Wardlow, D. L. (2009). Essentials of marketing (6th ed.). Cincinnati, Ohio: South-Western College Pub..
Armstrong, G, Adam, S, Denize, S, Kotler, P, 2010, Principles of Marketing 5th Edition, Pearson Australia Group, Frenchs Forest
The increasing process of globalization, coupled with an organization seeking to satisfy the needs of consumers globally, contributes significantly in embracing technology in the marketing process. In addition the marketing strategies are inclined towards reaching not only the targeted segment, but also potential customer that can be captured based on the market forecast of the firm. Therefore, integrating various tools of communication as well as platform of reaching out to a wide range of audience has been embraced by corporate globally. Notably, effective communication is vital in the marketing process (Percy, 2008). On the other hand, reaching out to a wide range of customers or audience in the advertising process in significant important. From this perspective organization can utilize both effective communication and a contemporary platform to reach to a wide range of
Today’s business environment is highly dynamic and competitive. In order to become successful, companies must use advanced marketing techniques and branding strategies. The significance of Integrated Marketing Communication (IMC) is therefore, very critical. IMC sends out a single message through different media vehicles, which helps the company to target a wide variety of audience. According to Gerber (2008), Integrated Marketing Communication is the process of using a combination of different types of marketing communication to send the same message to consumers. The following report lays an IMC plan for N...
Marketing is very important to the success of a business. Before people can buy a product or service they have to know about it. However, marketing entails more than just letting people know what your company has to offer. Throughout this paper, I will define marketing, offering my personal definition as well as more formal definitions from other sources. Furthermore, I will explain to the reader the importance of marketing to organizational success giving real world examples in support of this explanation. The field of marketing can include many things. I believe, however, the most important thing which it should include is communication with customers as to the value and benefits of using that particular company's products and services. It should help to establish the business's niche in the industry and distinguish it from other such businesses.
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Lila B. Stair, Leslie Stair. Careers in Marketing. 3. Book. Prod. VGM Career Books. Chicago, 2001.
Marketing communications is the best way to appreciate the value of the goods and services offering by organization. Traditional tools of marketing communication disciplines are five: advertising, sales promotion, personal selling (see the EBS Sales Force Management text), public relations and direct marketing. There are also media in which time and space can be bought or used to deliver messages to target audiences. Organisations are planning which appropriate mix of these tools and the choice of media has for a long time been largely predictable.
Cravens, D. W., & Piercy, N. F. (2009). Strategic marketing (9th ed.). New York, NY: McGraw-Hill.
Czinkota, M.R. and Ronkainen, I.A. (1995), International Marketing, 4th ed., The Dryden Press, Hinsdale, IL.
Kotler, P., & Keller, K. (2012). A Framework for Marketing Management (Fifth ed.). Harlow: Pearson Education Limited.