Preview

Does the UPS website provide information for individual, small business and businesses

Good Essays
Open Document
Open Document
617 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Does the UPS website provide information for individual, small business and businesses
8 Steps for Conducting a Marketing Audit
The marketing audit process helps your company analyze and evaluate your B2B marketing strategies, activities, goals and results. While the process takes time, the results can be enlightening and might:
Focus your communication of a consistent message to the right customers.
Reveal new, unknown or neglected markets.
Help fine-tune current strategies and plans to help increase market share.
Here are the eight steps for conducting a marketing audit to capture the information a corporate marketer needs about their company and how they do business.
1. Assemble an Overview of Your Company. The details to include are:
Company location, date established, sales history, number of employees, key personnel and chronology of company events like mergers, acquisitions and divestitures.
An estimation of the current awareness level of company as well as perception of your company has among your buying influencers.
2. Describe Your Marketing Goals and Objectives. They can be concepts like increase company visibility, increase audience size, differentiate from competition, increase or maintain market share, generate qualified sales leads or increase usage within existing customers. List your goals and objectives as being:
Long-term, with 6 to 8 goals listed a priority order to be accomplished in the next two years.
Short-term, with a narrowing to 1 to 2 goals to be accomplished in the next 12 months.
3. Describe Your Current Customers. Include information like:
Job titles or functions, industry or SIC codes, geographic location, company size and other demographic, ethnic or behavioral descriptions.
Size of current customer audience.
4. Describe Customers You’d Like to Target. Include the same type of information used in # 3 but also include:
If target customers are outside your usual industry, geography or size of current customers.
Any internal or external factors that have changed in your business or industry causing you

You May Also Find These Documents Helpful

  • Better Essays

    Ac555 Week 7 You Decide

    • 1715 Words
    • 7 Pages

    There are four things involved in the initial planning of an audit. According to Arens, Elder, and Beasley, 2010, they are: 1. “The auditor decided whether to accept a new client or continue serving an existing one, 2. The auditor identifies why the client wants or needs an audit, 3. To avoid misunderstandings, the auditor obtains an understanding with the client about the terms of the engagement, and 4. The auditor develops an overall strategy for the audit, including engagement staffing and any required audit specialists.”…

    • 1715 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    · Outline at least three of the organization type’s typical long-term goals and at least three typical short-term goals.…

    • 601 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Long terms goals: based on a 5 to 10 year period that will shape the direction of our organization in order to achieve the defined purpose.…

    • 1189 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    What are my short-term and long-term goals? As I have grown in age they tend to change and become more developed and mature. A personal long-term goal of mine is to live a healthy life. It sounds simple but can be a little challenging at times. A personal short-term goal for me is to be a little more organized. I think I say short-term because eventually I don’t want it as a goal but part of my routine in life. I also feel like planning is a big one on my long-term goals. A big short-term is being spontaneous not all the time but being ready at times when things are just thrown your way and handle it like it was planned.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Good Essays

    2. Describe one long-term goal that you have and at least two things you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points)…

    • 888 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Cory and Tisha’s long-term goals (greater than 10 years) might include the following: •…

    • 3666 Words
    • 26 Pages
    Powerful Essays
  • Satisfactory Essays

    Personal finace

    • 1193 Words
    • 4 Pages

    2. Describe one long-term goal that you have and at least two things you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points)…

    • 1193 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    smart goals

    • 1077 Words
    • 6 Pages

    List a short-term, intermediate, and long-term educational or professional goal in the column on the right. Make sure you fill in the boxes to ensure each of your goals is specific, measurable, attainable, realistic, and timed.…

    • 1077 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Goal Action Plan

    • 473 Words
    • 2 Pages

    2. Type of goal: Determine if the goal is personal, professional, academic, health-related, or financial.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    My firm is sending Pete, Ben, and Maureen to visit the client, assess the situation, and plan the audit. To plan the audit they will have to begin developing the audit strategy, identifying problem areas and specific areas where material misstatement might occur. In this case I would identify the forecasted sales numbers as one area due to Jill’s less-than-ideal management methods. Also, they will need to analyze the lawsuit and the lawsuit of their biggest buyer to get a feel for the risk associated with those. The audit plan will also include the nature of the business and what it does, a dog food manufacturing company and their operations. The plan will detail any complexities with the audit, such as the sales projection method, and the fact that they are starting just prior to year end. They will also perform preliminary analytical procedures by comparing Smackey to other similar dog food manufacturers. Lastly, the staff needs to set the level of acceptable audit risk.…

    • 1403 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Personal Finance

    • 1272 Words
    • 6 Pages

    2. Describe one long-term goal that you have and at least two things you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points)…

    • 1272 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Target Market Discussion

    • 470 Words
    • 2 Pages

    2. A discussion of the target market for this product or service. Was the target market segmented demographically (based on objective variable such as age, gender, family size, income, occupation, education, race, religion and/or nationality), geographically (based on where prospective consumers live or work), psychographically (based upon lifestyle, interests, hobbies, etc), or behaviorally(based on factors such as product features and usage rate)? Be specific, and keep in mind that the target market may actually be based on a combination of these factors.…

    • 470 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Personal Goals Paper

    • 1281 Words
    • 6 Pages

    Deciding where I would like to be, and how to get there in five to 10 years will take a lot of conscious effort, to do this I will need to identify some goals that will help me get there, whether it be personal or professional is very important. Several steps are involved to be successful, such as defining the goals, setting a time frame and putting a plan into action. With any serious goal, a strong support system must be used, to avoid becoming overwhelmed when challenges arise. “Make sure your goals and expectations are realistic. Unrealistic goals are self-defeating. Make sure the goals are measurable, manageable, and meaningful to you, not to please somebody else.” (Chitty & Black, 2007, p. 266).…

    • 1281 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    In order to understand the Marketing Planning Process it is important to first know what the term, Marketing Planning Process means. Market planning is “the process by which businesses analyse the environment and their capabilities, decide upon courses of marketing action and implement those decisions. (Jobber, 2006) It is also important to acknowledge the different stages and types of the process and which is best for the company.…

    • 4115 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Mr: Shivantha de Silva

    • 1291 Words
    • 6 Pages

    Understand the role and function of marketing in a variety of market and organizational contexts. Critically evaluate and utilize marketing research data and methods to a given market situation. Understand and apply the principles of organizational and environmental audits to inform marketing…

    • 1291 Words
    • 6 Pages
    Satisfactory Essays

Related Topics