Why are effective marketing strategies important?

[kumartk]

This is the quickest way to sum up the importance of having solid marketing operations and a highly effective marketing plan : it’s nearly impossible to run a successful business if no one knows about your company. You need customers, and customers need a way to find and hear from you.

To dig a little deeper, developing an effective marketing plan offers several business advantages:

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You will attract new customers. Your marketing plan details the ways you will afghanistan phone number data reach more people. Your marketing strategies help you attract new customers to your business, which improves your reputation and your bottom line.
You’ll retain your current customers. Marketing isn’t just about finding new customers — it also helps you retain current ones. Your marketing efforts keep you in touch with your current customers and can even encourage loyalty through discounts and other valuable promotions. It’s a powerful strategy, as “discounts on products I use regularly” was listed as the top customer preference in PwC’s recent customer loyalty survey .
You'll reinforce your brand identity. With 46% of customers saying they buy products from a well-known brand, it's important to cultivate name recognition and brand identity. Your marketing efforts promote your brand's public image and are a great way to familiarize people with your business and personality.
Putting up an “open” sign or launching a website isn’t enough to generate buzz about your business. Effective marketing strategies are crucial to getting your business the attention (and customers) it deserves.

[yadaysrdone]

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