What Are The Advantages Of Marketing Management?

It is very much important in creating brand recognition and loyalty.
Marketing is related to four life-blood areas of business which are Product, Price, Place and Promotion.
Marketing management researches for what type of Products are demanded, needed to be designed and their scope in market. They also decide the Price at which the Product would be attractive to consumers and profitable to organization along with at which location(city or any area in city) the product is needed to be available for effective sales and which channels of transportation are to be used for effective availability.
Marketing management  creates awareness of product among public, brand recognition and loyalty can be developed through effective marketing and for that efficient marketing management is required.
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