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5 Mistakes Marketers Should Avoid
Marketing is an ever changing place. With the advancement in marketing styles and techniques, it is difficult to keep up with all the trends. The change in the marketplace is fast, since the market is directly connected to the audience and you never know when people might change their mind regarding a product or service. Maybe today the audience likes a product, but tomorrow they might not.
Keeping up with the trends is a challenging task and because of this many marketers often make mistakes which cause them and the brand huge losses. Now, to avoid those losses, it’s essential that you avoid certain mistakes.
Today I am here to share those 5 common mistakes that marketers make while strategizing.
1. Not researching enough - Poor research is one of the most common mistakes that marketers make. Researching about the audience and about the product or service is extremely important.
2. Ignoring insights - Another common mistake which can destroy your band is ignoring the insights. Insights are the most valuable thing offered by the internet. Earlier in traditional marketing, tracking our performance ...
... was not possible. But of course with technological development keeping track of the performance has become much easier.
3. Hesitating to invest - Investment is not only money, but it’s even time and ideas. Investing money is a common hurdle for the small business owners, since they don’t have a lot of funds and they think that investing in marketing is a waste.
4. Not adapting changes - Initially, marketing was all about billboards, magazines, prints and television ads, but now marketing is even about the digital presence. If you have an online presence, you are genuine and worth the money, but no online presence means no trust and no business.
5. Lack of USP - USP means a unique selling proposition. USP is the reason people are attracted to your brand. While advertising marketers just use phrases like “better”, “top-rated” or “the best in the market” and think that they have accomplished USP. But that is not the case.
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