Thursday 1 November 2012

Pros&Con of marketing

Pros.


Marketing helps:
  • To know about products' existing.
  • To make a choice for a good.
  • To be better that competitors.
  • To present advantages of a product.
  • To find new customers.
  • To develop customers' relationships.
  • To increase income and sales.
  • To build brand.
  • To share a market and increase its' part.
  • To communicate with suppliers, customers, competitors, etc (with the whole world).

Con.

  • Marketing is one of the biggest expenses of a company.
  • Marketing is flexible activity. Customers' needs and preferences change and marketing strategy should be modified, too.
  • Clients can make a wrong decision due to marketing activities. For instance, it promotes goods with bad quality.
  • It is a barrier for new companies to come into a market if other organizations have money for marketing activities.
  • Government policies should be known in every country where marketing strategies might be used.

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