Marketing and promotion is the key to a successful business. To what extent do you agree?

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Marketing in concert with promotion plays a crucial role in any company in order to be competitive in the market.
Although
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these factors are quite reasonable, I deem that the
quality
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of the product and staff competence is the most significant key factors to be considered. On one hand, the world along with technology is rapidly enhancing, which alters customers’ preference in terms of the choice of the product. To illustrate, immensely renowned brands
such
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as Apple or Samsung are constantly eager to improve functions and the external appearance of their items to meet consumers’ demands.
Therefore
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, they invest an enormous amount of the company’s budget in advertisements to ensure new product awareness among individuals.
However
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, some diverse corporations in pursuit of the realization of their products use vulgar pictures of semi-nude women, which might refrain people from purchasing. Meanwhile, the adequate
quality
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of a brand together with exemplary staff service is key to success for any entrepreneur.
Initially
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, if the commodity is of poor
quality
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no matter how much money is spent on advertising, it will not rectify the situation immediately.
As a result
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, it will exacerbate the reputation and income of the company.
Besides
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, the services that are provided by massive corporations equally influence its prosperity.
For instance
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, among various car brands, Lamborghini is the most well-known due to its excellent
quality
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and after-sales service, which presents the loyalty of a group towards their customers. In summary, marketing and promotion, without dispute, affect consumers, yet it should be adequately strategic and constantly subsidised.
However
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, if funds are more employed in
quality
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and staff development it will definitely boost the profitability of a company along with its reputation.
Submitted by aigulziatdinova29 on

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Topic Vocabulary:
  • Visibility
  • Market recognition
  • Digital marketing
  • Social media
  • Search Engine Optimization (SEO)
  • Online advertising
  • Consumer behavior
  • Brand loyalty
  • Purchasing decisions
  • Brand identity
  • Ethical concerns
  • Financial burden
  • Innovation
  • Saturated market
  • Customer engagement
  • Traditional vs. modern marketing
  • Market trends
  • Feedback analysis
  • Adaptability
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