marketing and promotion is the key to a successful business ielts

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It is believed that marketing and
promotion
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are the crucial factors to run a
business
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successfully. I believe that
although
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marketing strategies play a significant role in a
business
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, it is not wise to rely on marketing and promotions only. Undoubtedly, marketing is of paramount importance for businesses to compete in
this
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modern era. To put it
in other words
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, companies need to advertise their products to survive in a highly competitive market. To illustrate, if a company will refrain from marketing, it is highly likely that rival companies will make use of
this
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opportunity to increase its sales, which is the reason that even big brands like Apple and Coke pour billions of dollars into marketing without getting complacent.
Moreover
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,
promotion
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helps businesses to create
brand
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awareness. As companies have to make their presence felt in the market, promotional events or programs play a major part in building a
brand
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.
For example
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, numerous Chinese phone companies have increased their
brand
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value globally through large scale promotional programs.
That is
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not to say that marketing and
promotion
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can solely make a
business
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successful. A company cannot underestimate the power of other factors,
such
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as quality of service, customer satisfaction, and innovation, because there have been many instances when businesses made a mark through aggressive marketing but disappeared overnight as these factors were underestimated. Mobile companies
such
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as Blackberry and Nokia are the perfect examples. To conclude, even though marketing and
promotion
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are important to survive and create a
brand
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name in the competitive market, the importance of other factors cannot be ruled out to run a profitable
business
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.
Submitted by ZHAI YIFANG on

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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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