Why do Businesses tend to spend millions on Advertising, on billboards, Social Media Marketing, T.V. Ads, hiring other marketers, Digital Marketers, etc, etc. Here's how it goes & the main reasons: 1. Brand Awareness! 2. Competition Beating! 3. Introducing New Products (with new features) & Services! 4. Educate Audience About New Products & Give Update Regarding The Company. So, here we go with discussing the points in details: NO. 1-->> Brand Awareness! The sole purpose of Advertising for new Businesses is to create brand awareness. It's just to make people aware of their existence & the type of products & services they serve. I hope that made some sense! No. 2-->> Competition Beating! It's just because the more people you reach, the more you will get ahead of your competitors! No. 3-->> Introducing New Products (with new features) & Services! Advertisements help people know about the products with certain features &/OR servi