Elements and Performance Criteria
- Develop marketing strategies.
- Analyse the business and its key services and products to determine the focus of marketing activities that support business objectives.
- Evaluate the customer demographic and target market for the business as a basis for marketing strategies.
- Determine marketing objectives and strategies in consultation with relevant people and according to the business plan.
- Determine a marketing mix for the business.
- Balance volumes and pricing of service and product mix to optimise turnover and profit.
- Evaluate costs and benefits of providing different services and product ranges and consider the results in determining the marketing mix of the business.
- Determine the marketing mix according to market and business needs, legislation, codes and national standards relevant to the workplace.
- Implement marketing strategies.
- Monitor and improve marketing performance.
- Regularly monitor marketing activities and evaluate business performance against targets.
- Analyse performance gaps and take corrective action or set new targets.
- Encourage relevant people to propose ways to improve marketing performance.
- Seek customer reaction to all aspects of the marketing mix, and analyse to improve targeting and outcomes.
- Conduct ongoing research of customer requirements to identify opportunities for change and improvement.
- Monitor changes in market opportunities and investigate new business opportunities that assist business development.