The Power of Marketing: Why Businesses Can’t Thrive Without It
Marketing is an essential component of any successful business strategy. It plays a crucial role in attracting clients, producing leads , building brand awareness , and boosting revenue . In today’s competitive market, businesses cannot afford to overlook the power of marketing . This article explores the various aspects of marketing and why it is indispensable for the growth and survival of businesses. 1. Power of Marketing – Introduction In a dynamic business environment, marketing serves as the bridge between businesses and their target audience. It encompasses a wide range of activities aimed at creating value, communicating messages, and satisfying customer needs. Without effective digital marketing , businesses face challenges in reaching their desired audience and standing out from the competition. 2. Understanding the Concept of Marketing Definition of Marketing Marketing refers to the process of identifying, anticipating,...