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Saturday, March 5, 2011

Marketing Influence on Economic Development of Business


Marketing plays an important role in economic growth in today's world of globalization. Represents the expected economic growth in developing countries, where shortages of goods, services, ideas and unemployment excessive marketing efforts to mobilize financial resources for the additional production of ideas, goods and services for more jobs .

·         Marketing to stimulate aggregate demand and growth in market size. 

·         Marketing in basic industries, agriculture, mines and plantations with the distribution of goods, without which there is no possibility of increasing the goods and services, is a key factor in economic growth. These industries are the mainstay of economic growth. 

·         It also accelerates the monetization of the economy; invest in the transfer of resources possible. 

·         Contributes to the discovery of entrepreneurial skills. 

·         The industry's production of intermediate goods and semi-industrial production, etc., which are sold for industrial development in the industrial sector for economic growth. 

·         Trade and export of services such as tourism and marketing, food plays an important role in economic development. 

Today, economic and social changes are needed in order to facilitate the development of the nation. Social marketing can be calculated as the planning, implementation and monitoring of the program to influence the adoption of social ideas and review of the product planning, pricing, communication, distribution and market research are defined. 

Now more and faster marketing plays an important role in applying technology to analyze and evaluate information received from major customers. For corporate strategy, according to the technology necessary to offer the customer to assess trends and identify patterns of consumer behavior. To this end, in the modern world with the technology level of electronic commerce, Internet marketing and services, etc. 

Although in many countries to developing countries, with marketing efforts by the Government aimed at the equitable distribution of minimum social cost, a higher floor and ceiling prices of grain and industrial raw materials, the creation of "all Sales of wholesale and retail consumer goods and so rarely that smooth flow of essential goods are created and influence decisions on distribution and advertising. Despite the economic crisis affects the market further extent, play an important role in economic growth. 

The end result will ensure the utmost economic growth for successful maintenance of standard development and management of all resource for the finest product deliver and growing revenue.



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