Advantages 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 chapter we are going to expound on the benefits of retailing a which entails branding, promotion.
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. The commodity is one of the things that come into play as the company should be able to know the suitability of their product to the consumer.
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. Location is something that one may put into the forefront list as get to know and let clients access your products. A given product may not do so well in a given region due to a number of issues like cultural beliefs and so on but may thrive in another place.
One of the advantages of marketing is that it is able to create employment this because there are a number of people who are employed as marketers directly or even indirectly in the manufacturing plant. 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.
This doctrine is able to bring a sense of invention with new ways that makes the product to sell. The highlight is that the is able to be creation of rivalry which is necessary in any given sector as it makes one to improve on weaknesses and capitalize on strengths. Marketing acts a basis of making decision as the company is able to determine the consumer pattern and through this they are able to create a new product for this rising need or even improve.
Another highlight is that marketing is able to build the reputation of a company this is because they are able to use corporate social responsibility and branding. In the end it is good to hold marketing in high regards as without it the business will not thrive.

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