Marketing means creating, sharing, delivering, and exchanging things that are valuable to customers, clients, or society. It focuses on understanding your audience, their needs, and what they like. Then, you create plans to reach them and convince them to choose your products or services.
Here are the main parts of marketing:
1. Market Research: Learning about your target audience and studying your competitors.
2. Product Development: Making products or services that match what your audience wants.
3. Pricing: Deciding the right price for your products or services.
4. Promotion: Telling people about your products or services through ads, social media, and other ways.
5. Distribution: Delivering your products or services to customers, like through shops, websites, or direct sales.
Good marketing helps businesses grow by increasing brand awareness, attracting customers, and boosting sales. It’s a key part of running a successful business.