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Role of marketing in entrepreneurship


The importance of marketing for your business is that it makes the customers aware of your products or services, engages them, and helps them make the buying decision. Furthermore, a marketing plan, a part of your business plan helps in creating and maintaining demand, relevance, reputation, competition, etc.

What are the 4 roles of marketing?

The six marketing functions are product/service management, marketing-information management, pricing, distribution, promotion, and selling. These marketing functions involve the activities that focus on understanding customers and making available the products they want.

What are the benefits of marketing to an entrepreneur?

Increase sales of products or services. Build awareness about a brand. Grow a company's market share.


Marketing is an important element in a successful of entrepreneurship development. Elements of the marketing mix can influence decision making in purchasing by consumers. Thus, this study was conducted to identify the role marketing in contributing towards the development of entrepreneurs in Small and Medium Sized Enterprises (SMEs). Type of sampling used in this study is simple random sampling in which about 90 people from Perlis involving government agencies, entrepreneurs and consumer ...