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The Highlight Of Marketing
More often than not a business may ask itself what is the importance of marketing with regards to the success of business and it is the core of the business especially those that are out to make profits. In this talk we are going to look at the advantages of marketing which usually comprises of advertising, organizing brand awareness and many more activities that are all aiming at moving the product.
The gratification that comes with marketing is a lot but before we look at the them there is the marketing mix that we cannot overlook. One of them is product first and foremost one must establish the type of commodity they are producing or even the service they are rendering and what the product is made of and who are they making it for this is just but a few questions that have to keep ringing in their minds.
The other thing is the selling price as one should be considerate such that to arrive at cost that will not cause loss to you or customers find that you are too pricy. Propaganda is another marketing mix which may involve a lot of sampling, giving out offers which is a real factor in marketing. The position is really crucial and as we know about mapping the area out as to get to have an idea of the potential clients. Sometimes a commodity may not make the much anticipated sales as we have perceived that is why it is important to have the location in your mind.
One of the importance is that it is able to be a source of livelihood for the citizens as they get to make a living. The significance is that it is able to become a channel for the firm to gain profit which results in the company doing well hence even tax returns which build the country.
Marketing acts as a source of new ideas as it is always changing so it is up to the marketing teams to think of new ways of attracting potential clients so that they are able to keep demand the high. The advantage is that there is able to be creation of strife and this makes the firm to work tirelessly and aggressive as to be able to emerge the top among competitors as marketing is the channel to compete on. The selling of products is able to create a forecast for the firm as to what is thriving as opposed to those products as the marketing department is able to make an analysis.
The advantage is that the image of a company is able to be on the top as they are seen to be doing well to the community as it is a strategy of making their products known. In conclusion we have been able to see that marketing is an important tool that cannot go unnoticed.

Case Study: My Experience With Channel

Case Study: My Experience With Channel