Study: My Understanding of Marketing

Importance Of Using Marketing

The process of selling or promoting products or service is called marketing, where it does involve advertising and marketing research. The process marketing involves the selling or promoting products or services, which involves advertising and market research. In a customer-driven organization, marketing is a key functional area. For the marketing department to get sufficient funds in some organization they have to work hard to persuade the company leaders by showing them the benefits of marketing.

Marketing helps in learning where the company gets to know about their customers, the marketplace, products, and industry. With this knowledge the company can motivate the targeted customers to buy the products and service this makes the company prosper. For this to happen you must find customers ideal for you and then analyze their motives and needs.

For your consumers to know you actually exist you have to first give them awareness before you market the product or service. Promoting the products in marketing helps to get the word to the targeted consumer for them to know that you are offering something that might benefit them. The key focus which is interacting with the consumers can be achieved with the help of marketing where tools used in interaction can be emails, telecommunication, mobile marketing and social media, with this platforms it is easier for the consumers to get quick response from the company. Not all investments do return the profits this why it is important to know that you have to spend money to make money but with when using marketing the profits of the business are improved since it does help to maintain loyal consumers and also bring new ones.

Since marketing involves promoting of the product or service it makes it easier for the consumer in making the decision on why they should purchase your product or service. Marketing helps the company to appear to know it all in their industry. The customers get to have a long-lasting relationship with the company that has adapted to use marketing since it does involve interacting with the consumers. Marketing within the organization are what some companies adopt rather than using the marketing agency this in turn helps to save money since employing the agency is really expensive.

Marketing helps the consumer to know the latest products from the company, with marketing it also helps the new products to be adopted by many consumers, there should be diligent work from the marketers when coming up with the new products, ensure that they will be of benefit to your consumers. The authority and credibility of products is brought out with the help of marketing.

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