What is the goal of marketing?
— The goal of marketing is to attract and retain customers by promising higher customer value and satisfying their changing needs.
How can companies create a successful brand?
— Companies can create a successful brand by focusing on the benefits their products bring to customers, using a brand name that hints at the product's benefits, and protecting the brand legally.
What are the benefits of expanding a brand?
— Expanding a brand can help protect the main brand, segment products into different groups, and potentially reduce advertising costs.
How can companies increase customer satisfaction and loyalty?
— Companies can increase customer satisfaction and loyalty by motivating personnel to work as a team and by striving to exceed customer expectations through quality goods and services.
How can companies increase sales?
— Companies can increase sales by increasing production, reducing prices, improving products, and actively promoting them to potential buyers.
We’ve got the additional info