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What is the impact of marketing in business?
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[QUOTE="Sodiq, post: 235692, member: 75180"] Marketing play a vital role in the success of most businesses if not all, Marketing your product and business especially using digital marketing method can helps you as a marketer or business owner to expose your brand and products to millions of individuals who might be interested in your product. Without Marketing your brand or products, you may be loosing a lot of potential customers to your competitor in the industry. Marketing is an activities or set of institutions and processes for communicating, creating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at a whole. When you carry out marketing for your business or products, you are creating value for that business and product. Marketing can helps you as a marketer to understand and identify customers needs and desires, and then you can works toward that and meet their demand and needs. A good marketing strategy can help a business or products to stand out from the crowd and competitor, it can also help to connect with customers, and win their loyalty. Marketing your products or brand has several benefits here are some of the benefits of marketing your products [B]INCREASED OPPORTUNITIES[/B] Marketing your business or products can have a huge impact on new businesses by creating large barriers for their entry into an established market. For a new companies that are just growing, brands or products, marketing and advertisement can serve as a tools which can be used to inform customers and individuals about such products and brand, it can also inform customers about their new product and stimulate interest in the marketplace. [B]INCREASED SALES[/B] Though, it is also possible for a company to sell their products directly to the individuals, but carring out marketing strategy may also increases their product awareness and makes the product visible to a larger audience, which in turn increases sales and revenue, because more visibility means more customers. [/QUOTE]
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What is the impact of marketing in business?
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