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Marketing
Marketing is the act of promoting, distributing, and selling a product. Marketing involves:
- Identifying the needs and wants of customers.
- Creating strategies to meet these needs.
- Communicating to the target market the value of a product or service.
Marketing includes market research, product design, pricing strategy, and advertising. Marketing that is effective aims to build a strong brand and increase sales. It uses various channels to engage customers, including digital media, social networks, traditional media, and events. It is important to maintain a competitive advantage in the market and satisfy customers while also achieving business goals.