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Importance
Involve the customer
of
Marketing
Generate income
Department
Simple Sales Department
HR
Department
Production Finance
Department Department
Marketing Research
Tools of a
Product Development
Marketing
Advertising and Promotional
Department Campaign.
Marketing Research
01 02 03
Understand the Identify the Identify the
consumer needs market for strengths and
products weaknesses of
the business and
competitors
Product
Development
Improve upon
Create
preexisting
products that
Analyze sales products to
the customers
of a product create better
need and
value for
want
customers
Advertising and Promo Campaigns
1 2 3
Promote the product Create awareness Manage the social
and the brand and convert media for marketing
prospects into
customers
“The man who stops advertising to save money is like the man who stops
the clock to save time.” – Thomas Jefferson
Thank You!