Business Studies, asked by itsmepriyanshu1670, 1 year ago

Difference between small business marketing and large business marketing

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Answered by AtiyaRahman
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Answer:

The top-name marketers routinely spend six figures to create ads with the sole purpose of building name recognition and market preference for their brands, often without a single word about a specific product or price.

Small businesses take a dramatically different approach. They want to develop name recognition just like the biggest advertisers, but their ads have to do double duty. You know firsthand that each and every small business marketing investment has to deliver immediate and measurable market action.

Each effort has to stir enough purchasing activity to offset the marketing cost involved. The balancing act is to create marketing communications that build a clear brand identity while also inspiring the necessary consumer action to deliver inquiries, generate leads, and prompt sales.

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