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In: Operations Management

Marketing Financial World Does marketing create value? Give 3 examples to justify your answer (5 Marks)

Marketing Financial World

Does marketing create value? Give 3 examples to justify your answer

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Expert Solution

Answer-

Truly, marketing certainly assists with making value for hierarchical item and value. It assists with making value by giving training, cretaing need and arriving at target showcase.

Giving training: Marketing assists with conveying item include about item to the purchasers.

Making need: By clarifying item includes an advertiser help to shoppers why they need this item.

Arriving at target advertise: Marketing will assists with coming to the gathering of people groups who are well on the way to buy the item or administrations.

Three examples of marketing are-

1.social ads by different organizations helps in production of parcel of value as it tends to be seen through different kinds of ADS via web-based networking media arrange.

2.advertisement by ideological groups on the online life system can likewise be viewed for instance of marketing and it very well may be seen through computerized media impact of different pioneers, for example, Narendra Modi whole crusade of political race depended via web-based networking media marketing.

3.it can likewise be seen through notice in print and electronic media which assists with connecting with potential clients, for example, when different periods of NBA are held, one can see different organizations which are the backers of the occasion for the separate year.

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