Importance of Marketing in Business Growth.


Chrisnoblet3

Uploaded on Dec 2, 2021

PPT on Importance of Marketing in Business Growth.

Comments

                     

Importance of Marketing in Business Growth.

IMPORTANCE OF MARKETING IN BUSINESS GROWTH Marketing helps to boost the sales Marketing is one way to give information to consumers. This way, consumers will have a basic idea of what is your product all about. They will also know the benefits of buying your products. Marketing educates many people about a certain product. When people are well-informed about your product, your sales will increase. 2 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T Marketing creates revenue options Marketing is a great help for many business establishments to create revenue options. It is when business sectors use different marketing strategies to increase business profits. One way to increase the profit is to reduce the product costs. 3 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T Set better goals for your business The success of a business depends on its goals and objectives. Marketing can help a business set its goals. By practicing some marketing strategies it will lead to the popularity of their brand. By this, it will motivate the company to maintain its reputation. 4 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T Build a Reputation for your Brand Another benefit of implementing marketing strategies is to build a reputation for your brand. But it is essential to ensure you are giving outstanding quality and useful products to your target market. This way, you won’t only build an excellent reputation for your product, but also your brand. 5 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T Improves Decision-Making When a company hires a market specialist, they will do everything to boost the sales of your products by making appropriate marketing actions. The first thing to consider in doing these activities is knowing your audience. When the company has known fully their audience, this will help them decide what lines and details they will create in convincing people to buy their products. 6 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T Eff ective Way of Engaging Customers It’s important for your business to engage its customers. Marketing is a tool to keep the conversation going. Engaging customers is different from pushing your offers. Engaging involves furnishing your customers with relevant information about your products and your business as well. It’s all about creating fresh content. 7 Source: www.business2community.com S A M P L E F O O T E R T E X T Build a Relationship Between a Business and Its Customers Segmentation helps the business meet the needs of its customers hence gaining their trust. The product team ensures the business delivers what’s promised at the right time. This makes the customers brand loyal. 8 Source: www.business2community.com S A M P L E F O O T E R T E X T Marketing Is a Communication Channel Marketing informs your customers about the products or services you’re offering them. Through marketing, the customers get to know about the value of the products, their usage and additional info that might be helpful to the customers. It creates brand awareness and makes the business stand out. 9 Source: www.business2community.com S A M P L E F O O T E R T E X T How Marketing Strategies Lead to Success? Every successful business has a story of its marketing strategies. It is the marketing strategies that boost the success of the business. 1 0 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T How Marketing Strategies Lead to Success cont. Marketing strategies may include promotions and advertising. It also deals with media relations. Marketing can promote a certain brand, product, and people. 1 1 Source: www.cogentanalytics.com S A M P L E F O O T E R T E X T