What is marketing and why is it important?

QuestionsCategory: QuestionsWhat is marketing and why is it important?
Neha Khan asked 11 months ago

What is marketing and why is it important?

1 Answers
afaq jafri answered 11 months ago

Marketing is the process of getting new customers and making the company more valuable and profitable. With the help of marketing, the company can acquire new customers and can scale the company easily.
Importance of Marketing

  • Acquisition of New Customer

Marketing helps the company to acquire new customers and more valuable and profitable. 

  • Growth and Development

When the company gets new customers and it becomes easy to grow the company.

  • Understanding the Market

When the company starts to market its products, then they become able to understand what are the real requirements of the company. 

  • Employment Generation

Marketing helps to generate employment for society. Marketing also provides scope to the youth.

Your Answer