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

Some argue said the key to a successful
business
is marked and promoted. They have several impacts on to increase of
business
brand and income. In my opinion, I agree about that and give some argument to supply
this
article.
First
, marketing is the strategy to businesses know about
customers
,
such
as knowledge of the behaviour of
customers
, while they must know about ages, locations, and necessaries of a customer.
Furthermore
, a
business
without a marketing strategy is key to getting lost. For one sample, Xioami Inc researched phone users in Indonesia before they sold mobile phone products. Xiomi Inc gets good appreciation because
customers
from Indonesia like about new brand of mobile phone. Another advantage of strategy marketing is they spread their market to the world.
Second
, promoting products to new
customers
is a good way to get new orders.
However
, promotions need spent budgets so they need to calculate between a budget and money spent. Carefully budgeting to promote because it will be worse when the wrong market is. But successful
business
because promoting.
For example
, Tokopedia Company spent money to promote their services on the digital platform like giving discounts, money feedback, and advertisement
then
they get attention from new
customers
.
Furthermore
, The Market data reported that the inflow of Tokopedia to the company each month rose increased. To conclude, without marketing and promotion businesses could not make the brand of products, lost new
customers
, and decrease inflows. so they need marketing and promotion to make their
business
successful.
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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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