From Expense to Engine: How Marketing Fuels Business Performance and Drives Sustainable Success
DOI:
https://doi.org/10.47363/JMSCM/2023(2)126Keywords:
Marketing Strategy, Business Growth, Digital Marketing, Brand ValueAbstract
By reframing marketing as an engine of growth, organizations can unlock its true potential to build brand loyalty, generate leads, cultivate customer relationships, and ultimately achieve long-term profitability. Effective marketing tactics enable businesses to connect with their target audience, understand their needs and preferences, and effectively promote their products or services. This paper explores the theoretical underpinnings of this shift in perspective with CXO interdependencies, examines real-world examples of marketing’s impact on business performance while recognizing the challenges of measuring marketing effectiveness and outlines
a framework for organizations to leverage marketing as a strategic driver of sustainable success.
