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Even if you own the best restaurant in town, your business will most likely not sell without proper marketing. The success of your business relies on how you market it. With proper marketing, you will be able to showcase your product, build a brand that people can trust, connect with your target audience, and more.
If you are still skeptical about the relevance of marketing, here are 5 reasons why:
Marketing is an effective way of engaging customers
Customer engagement is the heart of any business success. While physical or in-store interaction is important to engage with your customers, engagement outside the store is also vital. Customers are interested in making relationships with your brand even outside the store. That’s where marketing comes in. This is the part where you share relevant yet enjoyable information about your business. This could come through a poster, video advertisement, or even polls through social media. Through marketing, you can make your customers a sense of belonging with your brand.
2. Marketing helps to build company brand and reputation
Sustaining a business’s presence is very important to create a good reputation. This is built when customer’s expectations are met. How can you make sure of that? Well, that’s when marketing takes into place. With marketing, you can experiment with what customers like and don’t like. If you end up meeting or even exceeding customer expectations, they will more likely be proud of being associated with your brand. This can also end up expanding your brand presence.
3. Marketing helps to build a relationship with your customers
Building relationships and trust with your customers is part of your business success. Marketing segmentation is one way to help businesses meet customer’s needs. This is the process of making sure the business delivers what customers expect at the right time. By doing this, customers become loyal to your brand hence they will be more complacent to buy more products from you. The loyalty you gain from customers will make your advertising and other marketing activities worthwhile.
4. Marketing helps boost sales
Once your product has been advertised and marketed, you already have more chances of making more sales. Through marketing, you can expand your presence and reach the customer's radar. One example of this is youtube ads. Youtube ads can get annoying at times, but if the ad is interesting enough, it can attract potential customers thus increase sales. And when customers are satisfied with your product or service, they can become a brand ambassador unknowingly which can also boost sales. Keep in mind that you still have to maintain high-quality products or services to make marketing effective.
5. Marketing helps your business grow
The key to a business’s growth is marketing. Even as little as posting on social media consistently and email campaigns can engage existing customers and also expand your presence for potential new customers. Through proper and consistent marketing, you are not only growing and expanding your business but also engaging with current and potential customers.
Resources:
https://movingtargets.com/blog/business-marketing/why-marketing-is-so-important/#:~:text=Marketing%20is%20important%20because%20it,is%20especially%20true%20for%20SMBs.