Entrepreneurship
An individual who starts a business with the goal of making profit.
What is an entrepreneur?
What your business sells to make money.
What is product?
The amount of money for a product or service.
What is price?
The specific place a business sells its product.
What is location?
Persuading people to buy your product.
What is advertising?
The skill of convincing others to support your ideas, buy your products, or invest in your business through effective communication and argumentation.
What is persuasiveness?
The name that you identify with a business or product.
Brand
The perceived importance of an product or service?
The shared beliefs, values, and behaviors of a location.
What is culture?
Communication aiming to show customers your product’s value.
What is promotion?
The quality of being self-assured and confident without being aggressive, allowing an individual to stand up for their ideas, make decisions, and lead others effectively.
The symbol often associated with a business.
What is a logo?
The pricing category designated for niche or aspirational products.
What is expensive?
The place category, where businesses sells primarily in-person.
Who your product is for.
What is target audience?
What is the realistic fail rate of a business after 4 years, according to our textbook reading.
What is 33%?
Selling time, information, or expertise to make profit.
What is a service?
What are the two factors that determine price?
Supply and demand?
The country where many people do not eat beef based on hindu belief.
Where is India?
Values or identity your brand communicates.
What is messaging?
The capacity to adapt to different roles, tasks, or situations, demonstrating a broad skill set and the ability to handle various aspects of a business.
What is versatility?
Activity of promoting and selling products or services.
What is marketing?
What is the impact of high supply and low demand?
What is cheap or lower pricing?
What are 2 of the 3 benefits of E-Commerce?
1. Lower Cost
2. Global Reach
3. More convenience
Name 3 forms of digital marketing?
What are
•Commercials (Digital Media)
•Social Media Marketing
•Email Marketing
•Video Marketing (Tik Tok)
•Online Ads (Pop Ups)
•Influencer Marketing