How can I demonstrate ability to use market research and intelligence to develop appropriate business proposals and convert opportunities for qualified customers with revenue growth potential within an assigned geographic territory
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- Prepare a pitch to investors as to why they should invest in your product. Convince them that you understand your target audience and explain how you will reach them. Practice perspective- taking, and consider what it would be like if you were in your target customer's shoes. Why might you want the product? What might be some reasons you wouldn't buy the product? Create a slideshow presentation of your pitch to potential investors. Be sure to include the answers to these questions: What is your product, and how exactly does it promote good health? Who is your target audience, and what do you know about them? What are the ways you intend to advertise to your target audience? How will you use different aspects of media to sell your product? What makes you sure that your product will be a success within its target culture?As would-be Entrepreneur, you are tasked to write down at least 3 career opportunities which attract you most. Indicate what competencies you need to enhance in order to become successful in these opportunities. Write your answer in the space provided.Match each business model type with the correct description. Remember to select a different business model type for each description. Business model type Product business model Multisided business model Solution business model Matchmaking business model Description A company controls a platform where sellers and buyers exchange products or services. A product or service is designed according to specifics defined by each customer. A product or service is offered to customers. A company provides different products and services to different groups of clients who gain some benefit from the existence of the other group of clients.
- C. how can a company effectively identify and target the most profitable customer segments within a chosen market? What strategies can be used to maximize profitability within these segments?You have been asked to teach the employees of a small start-up business how new ideas may be converted into viable business opportunities. In this activity, you will conduct your own preliminary research into ways in which new business ideas can be turned into opportunities. The differences between business ideas and opportunities; The characteristics of a viable business opportunity; Ways in which business ideas can be turned into viable business opportunitiesDiscuss any three (3) types of attractors and where possible give examples to show how these attractors operate and assist business to achieve their goals.
- One of your friends is contemplating opening food cart near your campus. She seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business? Assume you are about to graduate. How would you apply marketing principles to your job search? In what ways would you be able to create, communicate, and deliver value as a potential employee, and what would that value be, exactly? How would you prove that you can deliver that value? What is the difference between a need and a want? How do marketers create wants? Provide examples. Explain how Apple employed the marketing concept in designing, promoting, and supplying the iPhone. Identify the key benefit(s) for consumers relative to comparable competitive offerings.What elements are included in the "Business Idea" section of a written business plan?As a marketing consultant, a prospective business man has approach you to advise him on his intention of venturing into the market with a new product. 1. Illustrate to him the potential stages of the market his product needs to survive to be successful on the market.
- Many businesses find it challenging to integrate a customer-based marketing strategy into their Web site designs because they lack the necessary resources. Outline what an organization may do to overcome the challenges that it is facing and why this is a tough situation.As would-be entrepreneur, you are tasked to write down at least 3 career opportunities which attract you most. Indicate what competencies you need to enhance in order to become successful in these opportunities. Explain your answer.Explain and describe Key performance indicators (KPIs). Since organizations, sales managers, and social sellers need to evaluate, monitor, and assess the ongoing success of their business efforts through the appropriate KPIs tools that help to measure metrics to determine how best the business resources may be used in an effective manner, list and discuss 2 Key Performance Indicators that strongly enable businesses to achieve this goal? Use professional selling concepts to support your claims.