Title | The Importance of Marketing in Today\' Society |
---|---|
Course | Marketing Management |
Institution | Jamia Millia Islamia |
Pages | 2 |
File Size | 90.2 KB |
File Type | |
Total Downloads | 65 |
Total Views | 176 |
Marketing plays a very important role for the development of the society. Some of the advantages of marketing for the society include- Work possibilities, Improvement in the level of living, Tools Creation of new items, Low-cost goods, Level of satisfaction...
The Importance of Marketing in Today's society: Work possibilities Improvement in the level of living
Tools Creation of new items Low cost goods Level of satisfaction 1. Work possibilities:
Marketing
is
vital
for
boosting
the
number
of
employment options available. It provides job and revenue opportunities through the ongoing manufacture of goods. It provides employment for a significant proportion of the entire production.
2. An improvement in the level of living:
Marketing has been entrusted with the responsibility and job of establishing, raising, and sustaining the living
standards of the general public. It underlined the need of opening an oriental business to customers.
3. Low-cost goods:
Marketing operations contribute to the provision of lowcost goods and services to the general public by ensuring that effective distribution channels are maintained.
4. Tools for the creation of new things:
Marketing generates the utilities of time, location, and possession. It is possible to use transport crates for location, storage
crates
for
timing,
promotional
activities
for
information creation, and so forth.
5. Level of satisfaction:
In order to bring satisfaction to society, marketing must supply appropriate information, commodities, and services to the members of society in accordance with their needs and preferences....