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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