Sunday, 1 September 2013

The Importance Of Marketing And Advertising For A Business

By Vandana Dhawan


With the huge business competition, no business can survive without marketing and advertising. It is necessary to make the awareness of the business among people. Most of the business firms already know the importance of marketing and advertising. Business can be promoted through various ways. Print media, TV and radio advertising, outdoor advertising and internet advertising are a few options you have. You can promote your business through these media channels with little efforts.

Do marketing and advertising explain the same process? No, it is not. They have two different meanings. Marketing includes a wide range of activities. Some of those activities are identifying target market, identifying market needs, delivering necessary information for new product developments and product improvements and promoting the business and its products. Under advertising, we promote the business through various media in order to improve the customer awareness. It is just a one section of the marketing function.

A business cannot expect success without involving in both these two processes because both are so important to gain a business success. Here are some characteristics of marketing and advertising.

Marketing helps to identify potential customers. They are the people who tend to buy your products. It is impossible to sell anything without identifying to whom you want to sell it. Therefore, it is difficult to organize any promotional campaign without knowing the target group. Marketing is necessary to identify your target customers and advertising is necessary to bring business messages to your target customers.

Identifying customer needs is another responsibility of the marketing process. It helps for product improvements or new product inventions.

Therefore, marketing helps to identify customer requirements correctly.

Building a good reputation through brand development is another marketing function. Advertising helps to develop a good brand image. When people always see your business brand, they will become well aware about your business. This can only be done through effective advertising.

As mentioned earlier, advertising is the process that brings product or service information to the society while marketing handles all backend operations. Advertising also influence people to buy products. Adverting can be done through various media. It includes non-electronic media like newspapers, magazines, banners and posters as well as electronic media like TV, radio, and the internet.

Advertising also differentiate your products or services from your competitors' products or services. It is the only way to show consumers that what type of unique characteristics your products have.

Likewise, both marketing and advertising are important to improve sales and generate profits. Marketing increases the revenue by offering products that people need. Advertising increases the revenue by making the product awareness.

Get the benefits of advertising and marketing both by hiring a Full service marketing agency.




About the Author:



No comments:

Post a Comment