Value Essay Example | Topics and Well Written Essays - 500 words

Value - look for ExampleSecondly, highlighting the excellence of the return or its give or attribute that could be of use to the customer fuck increase the revalue of the specific product/service in customers perception. Thirdly, by providing the vanquish quality product at reasonable price and by providing greater variety or product differentiation burn attract more customers. Innovative products are of great value to marketing bodily process as they provide more opportunities for advertisement and sales. In relation to this, branding and advertising, marketing can bring up customers perceptions related to a specific products of a company and eventually increase their sales. The marketing function can play a central role in identifying customers needs and changing preferences the marketing function can communicate these aspects to the research and development department. The R&D can then design products as per customers preferences and also increase variety of products the reby widening the product lines. . The role of marketing in creating shareholder value is a strategic function and depends upon the operational efficiency of the firm which uses shareholders funds.