Things that can be touched, seen and purchased by customers.
What is a good?
A picture that can represent a business.
The amount of money that a customer pays for a product or service.
What is the price?
When a company goes out of business because of no money.
What is bankrupt?
The date of the pitch competition.
Wednesday, July 30th
A brand that has luxury goods, quality, and usually a higher price.
(p_____)
Premium
When customers constantly pick one brand over another.
Loyalty
A short-term benefit for customers to get customers to your product.
What is a Sales Promotion or discount, etc.
The meaning of COGS
What is "Cost of Goods and Services"
What summer did Kelly start with Sweet Potato? (year)
2022
A type of good with a short-term usage. (Consumed/used up quicker than other things.)
What is a Non-Durable Good?
When a product is always good, no matter what.
What is Consistency?
A presentation that will convince judges and customers to buy a product.
What is a pitch?
The amount of money you make AFTER subtracting your costs.
Profit
The number of chromebooks in the computer cart
20
A type of platform that sells lots of different products to lots of customers from lots of different producers.
What is retail?
Benefits
The name of a third-party company that buys product from a producer and sends it to stores that want it.
What is a Distributer?
Pricing your good base on another company's price
Competitor-based pricing
Duke's breakfast treat every morning
Starbucks
Name one, up to 3 total answers.
Social Media Page
Business-Owned Website
Online Marketplace (Amazon, eBay, etc.)
A document that can be a shorter version of a pitch and physically given to potential customers.
What is a flyer?
The amount of money you want to make above your costs and expenses.
What is a margin?
One measurement of something
(portion, serving, cup, ounce, etc)
What is a unit?
The "_____ School" that the Lyles Center is under.
(Think degrees, not "Fresno State")
"Business" or "Craig"