Importance of Marketing
Marketing is a non- negligible aspect of business because it contributes immensely to the growth of an organization. Production and distribution companies who achieve immerse profits can be attributed to a certain percentage of their budget to marketing. There is a difference between marketing and sales; marketing covers the aspect of promotions, advertising and public enlightenment whereas a sale is a process of introducing your product or service into the market and encouraging the patronage from the buying public. Since the aim of marketing is to make the product or service widely known and acceptable to the market. In this world of competition, a marketer has to be creative in their marketing activities to get the product noticed. Without proper strategic marketing your business may offer the best product and services and prospects would not know anything about it. I will highlight five importance of marketing.