"The failure or success of any business depends on marketing
management'
. Do you agree to this statement? Give your
arguments.
Answers
Answer:
Highly effective marketing is a make-or-break necessity for most small businesses. It's really impossible for you to be successful without good marketing and sales techniques—that's what brings the dollars in the door. Marketing is more than simply letting people know about your products or services. First, you need to know who your customers are. You need to get so close to them that you can anticipate their needs and desires. You need to be able to communicate to them exactly why they need what your business can provide. And, then you have to reach them with that message.
Our discussion here is intended to introduce you to some of the concepts and strategies that professional marketing experts in large companies use and show you how they can be adapted to help your small business thrive, beginning with an overview of marketing.
You must not only know your product, you must be aware of the competitive environment and cultural trends to assess your business's place in the market.
Market research is not just for large companies.
There are many research techniques that you can adapt to fit your needs and budget.. In a tough economy, effectively getting your product or service to your customers can mean the difference between success and failure.
Your business must develop and refine products or services that meet customers' needs, even before the first sale.
Answer:
I totally agree with this statement because before starting our own business we should evaluate the situation of the market, consumer after that on the basis of that we should prepare our own strategies and policies. without making any strategies and policies of marketing we sure be failure.