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Essay On Importance Of Marketing

827 Words4 Pages

Lalaine Penaverde
Cbet-19-604P
Prof. John Eric Estrellado
MID TERM EXAMINATION
1. WHY IS MARKETING IMPORTANT?
Marketing is a form of communication, connection between you and your customer. The relationship of a buyer and seller,value of customer to meet their needs and wants. So marketing is important because it is the key to success in the business. Through marketing we may store data, gathered information and analyzed the information to know customer needs and wants, to analyzed customer behavior, to know what’s on the heart of their markets. Through marketing we may select the target market, positioning the product in efficient and effective process. Marketing predict the prospect customer, potential buyer, future trends. Through marketing we may satisfied customer needs and wants for giving them the best experience of their products and give customer benefits. Through marketing the product or the business may promote or advertise to the market. Marketing introduce a new product or serviced, it important to make advertising to be known by the potential consumer, customer awareness. Also marketing helps to positioning the product, in analyzing the customer buyer behavior, economic changes, marketing research may position the product to its appropriate and effective place that the business and economy will grow. …show more content…

Marketing Is really important in the business, without marketing we may fall into low sales, without marketing we may not satisfying the customer needs and wants, without marketing we may fail to be known the customer for the product, without marketing a lot of business may failed to success. Meaning the Economic Growth and development may affect because of marketing. Indeed marketing is important not only in satisfying the customer needs and wants but also for our Economic Growth and

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