ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the main purpose of Marketing?
A
To make a good promotion
B
To develop a marketing plan
C
To increase sales
D
None of the above
Explanation: 

Detailed explanation-1: -The key purpose of marketing is to get people interested in the products or services of a company. This happens through market analysis, research and contemplating the interest of a business’s ideal customers and attracting them through messaging which would be educational and helpful to a business’s target group.

Detailed explanation-2: -The purposes of marketing can be defined as: Creating brand awareness. Retaining existing customers. Developing new customers. Strengthening brand association and recall.

Detailed explanation-3: -There are actually 3 big goals of marketing which include: Acquiring customers. Retaining customers. Turning customers into brand ambassadors.

There is 1 question to complete.