Marketing
What are the best ways to market your business?
Advertise, Digital marketing, And social media campaigns
What is funding?
Funding is money you save up to start a business
what is business networking?
building relationships with professionals
what is a sales pitch?
A sales pitch is a persuasive presentation or conversation aimed at convincing people to buy your product or services
If you sell 25 handmade bracelets for 5$ each, how much money will you make in total?
25 x 5 = 125
What is marketing?
Marketing is how you promote and sell products
What is a loan?
A loan is money that borrow and you must pay back with interest
why is networking important
networking leads to new opportunities,partnerships,and valuable advice
What is the sales process?
The sales process is a series of steps that a salesperson follows to close a deal. from prospecting to close the sale.
You start a lemonade stand and buy lemons, sugar, and cups for 12$. If you sell 20 cups of lemonade for 1.50 each, how much profit do you make?
Revenue 20 x 1.50 = 30
Profit: 30-12 = 18$
What is a targeted audience?
A target audience is a specific group of people your business
What is a business plan?
A business plan is a plan that describes your business goals and how you plan to achieve them
what should you bring to a net working event
business cards,a notepad,and a pen
What is up selling?
Up selling is trying to convince the customer to buy more expensive purchase or add on to an existing purchase
You buy a t-shirt for 8$ and sell it for 12$. How much profit do you make per t-shirt?
12-8 = 4$
How can you measure your marketing success?
Customer feedback and social media engagement
What is a grant?
A grant is money given to a business that doesnt need to be paid back
how do you stay in touch with you networking group
emails,social media,or meet ups
What is CRM in sales?
CMR stands for customer Relationship Management, which is a system for managing a company's interactions with current and potential customers
Your small business sells pencils for $0.75 each. How many pencils do you need to sell to make 50$
What is customer engagement?
Customer engagement is how business interact with customers to build relationships
What is crowdfunding?
Crowdfunding is raising money from a large number of people or a crowd
what is a networking group
a community of professionals who meet regularly
How to build a rapport with a customer
You build rapport by finding common ground, showing genuine interest, and being friendly and professional
If you spend 50$ on materials to make 100 keychains and sell each keychain for 1.75, how much total money will you make?
100 x 1.75 = 175$