For most entrepreneurs, making a big financial investment in advertising and promotion makes sense.

Question

Quizplus · Accepted Answer

While advertising and promotion are important, they are not always the best initial big financial investment for most entrepreneurs. Many successful businesses start by focusing on building a strong product or service, understanding their market, and leveraging cost-effective marketing strategies such as social media, word-of-mouth, and networking. Large expenditures in advertising should be carefully considered and ideally based on a solid understanding of the target market and effective marketing strategies.

For Most Entrepreneurs, Making a Big Financial Investment in Advertising