Why Marketing is Important for Business Success
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Have you ever thought about a world without Marketing? CUSTOMERS ARE KINGS and marketing is the means through which we can spread the word. It is the art and science of applying marketing concepts in choosing target markets in marketing segmentation by receiving, keeping and increasing number of customers and retaining customers greater value. It acts as a key component in providing information to the market and is vital when it comes to profitability. Creative marketing approach will be a key for getting business objectives.
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So why is Marketing business success?
crucial
for
It Gets Your Word Out
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It Gets Your Word Out Marketing is important to inform the audience of the service or the product that is being offered by your business so that you will have more potential CUSTOMERS.
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It Helps You Understand Your Customer
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It Helps You Understand Your Customer Marketing is important for building a positive relationship with your customers. You need to have good understanding of your customers' needs and wants. And successfully understanding your customers, you can personalise the service
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It Boosts Up Your Sales
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It Boosts Up Your Sales Marketing is important to boost sales by utilising different ways to promote the product or service you are offering.
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It Engages Customers
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It Engages Customers Marketing is important for engaging your customers with relevant information about the company and all about the upcoming news. It helps customers feel like they're inthe-know, especially on social media.
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Gives You Healthy Competition
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Gives You Healthy Competition
Marketing is important to make room in the marketplace for a healthy competition based on pricing of products and services amongst competitors. Marketing enables both small and new business to grow and enter the marketplace to win over customers before their
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Builds Your Brand
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Builds Your Brand Marketing is important to increase your brand reputation or breaks a brand. When you have good reputation on the market, your brand will affiliated with certain standards which will increase sales and business expansion.
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