What one essential thing that can transform business to a higher level?

1,365 Views Updated: 29 Aug 2016
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What one essential thing that can transform business to a higher level?

Running a business is like bringing up a child and paying special attention to it.  So treat your business as you would treat your child.  Just as a child needs all the love and care, a business also requires responsibility and accountability if you want it to prosper in the long run.  One essential thing that a child needs for his healthy growth is proper nutrition, likewise the one essential thing that can transform your business to a higher level and more, is marketing. In my opinion, marketing is food for the business.  Business needs to be constantly fed with new marketing strategies to grow and upgrade itself.  

One essential thing that a child needs for his healthy growth is proper nutrition, likewise the one essential thing that can transform your business to a higher level and more, is marketing. In my opinion, marketing is food for the business.  Business needs to be constantly fed with new marketing strategies to grow and upgrade itself.   Some examples of marketing strategies that you may adopt include referral rewards, buy one - get one offer, providing a one- year insurance on a product or service and so on.

The concept of marketing as a subject is not only limited to selling which most of us mistake it to be. Selling is just one part of it. There are other functions of marketing as well, other than just sales. These include researching, buying, product development and management, production, promotion, standardization and grading, pricing, distribution, risk bearing, financing and after-sales service.  All these functions are equally essential to ensure the success of the business.

 In the initial phase, you may expect your business to earn losses or low profits or even no profits! However, adopting the correct marketing strategy with the help of these marketing functions could be your right track towards the success of your business.

Opinions (2)
Yes

Yes, definitely marketing is a must for the growth of any business. Because, marketing draws more and more customers to your business and customers form the core of any business, be it small or big. There are various ways and platforms for marketing and also various tools and software that enable you to extract consumer leads of your choice so that you can advertise your product/service to them. Boxxer Leads Extractor ( https://www.emailextractor.co/c/ ) is one such amazing and a must-have software for all the amateur as well as flourishing businesses. Marketing your products using such effective tools enhances the market value of your business.

Yes

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