Marketing plays a critical role in creating value for both customers and businesses. For customers, marketing provides them with valuable information about products and services, helping them make informed purchasing decisions. By understanding the features, benefits, and value propositions of a product, customers are more likely to see the worth in what is being offered.
For businesses, marketing creates value by driving revenue and fostering brand loyalty. A well-executed marketing strategy increases customer engagement, generating more sales and long-term relationships. Marketing also helps businesses differentiate themselves from competitors, offering unique solutions that add value to customers' lives.