Mark's Gospel has had the same affect that the other three Gospels have had, and that is to tell the story of Jesus and His mission to earth to reconcile man to God. They tell us that Jesus is the Son of God who came to earth to die in our place. All people are sinners and are condemned to die, but Jesus died in our place. If we accept Him as our Lord and Savior then in effect we have accepted the free gift of salvation. All four Gospels have this effect and all are important as they give us the complete story.
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The book in the Bible that marks the beginning of the New Testament is the Gospel of Matthew.
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Because Mark's gospel is the word of God which is truth and his gospel states: Mark 1.1. The beginning of the gospel of Jesus Christ, the Son of God;
Mark, who wrote the Gospel of Mark, was a disciple of Peter, who was a disciple of Jesus.
All Bible scriptures have authority for Christians. Since Mark's Gospel is also Holy Scripture inspired by God, it too has authority as God's word of truth.