Why
did you first decide to study marketing? For most of us, it was the decision to
expand our knowledge and curiosity about the marketing world, and one day to
have a career in this field. Can you image what a world without marketing would
look like?
There
would be no personality! Giving a company a personality is important in
marketing. With the help of integrated marketing communications, direct
marketing, and market research, companies are able to grow their own
personalities for their consumers. Without marketing, the world would be so
plain and little competition would exist.
Nothing
would be memorable! The main purpose of creating a company personality is so
the company is memorable. Being able to have consumers acknowledge the
advertising efforts a part from the millions of other messages is what makes it
memorable. This will ensure that consumers, both current and new, all know that
the company is still around and happy to fulfill their needs.
Marketing
is a long-term investment! Marketing is not just something that happens when a
company first starts; it's something that is continuous. Prime examples of
companies that invested are Coca-Cola, Apple, and McDonald's Though all of
these companies are successful, they're continuously using marketing to
continue to reinforce the branding they have created.
Being
able to listen, react, and create is the most important part of marketing!
Marketing is a conversation that is constantly going back and forth between the
company and its customers. With the help of social media this conversation has
never been easier for consumers to communicate their opinions. Being able to
listen to consumer responses and, react to them is the sign of a successful
company.
The
world would be such a different place if there was no marketing! When being
part of the Humber OCMC team, one must acknowledge how important marketing is
to the business world. One must also understand the value marketers contribute
in the success of a company. With the weekly advice from coaches the Humber
OCMC team is one step closer to competing at the Windsor event on November
21-22. The sky is the limit.
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