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Showing posts from July, 2023

How is your Business doing?

There are certain guidelines questions which I have designed for you. A.Business Operations. 1.How long have you been in this business? More than a month,week or year. 2.Is your Business growing? 3.Can this business sustain itself? B.Business Foundations. 1.How much initial have you invested in this business? 2.Did you get any return/profit? 3.What kind of Business do you have? C.Business Accessibility. 1.Do People know about your business? 2.How do you advertise your business? 3.How much do you spend in your business? D.Business Relevance. 1.Is your Product in demand? 2.What is the Buying Power of your Customers? 3.Where one can find your Business (Internet,Physical stores) E.Selling Methods 1.Do you offer discounts? 2.Do you have the right timing of selling? 3.Are you Skilled in Advertising or you have the professional People who are doing for you?

Advertising Skills

I have 3 friends who I will call them  Friend 1,Friend 2,Friend 3.Here are their stories: Friend 1 He uses mainly the Social Media to market his products.He sells bracelets,necklaces, rings.He does not make a lot of money.He pays  more than a profit. Friend 2 This one uses networks,blogs like me to push his work.The Problem he does not get any Sales.He does have the following but the stats are very low. Friend 3 He made a Research first targeting men.He also did not make any Profit.He only got the hand to mouth survival.He started to grow when I made hands on to his business. Lessons for my Friends: Friend 1 The Photos which he displayed on Social Media was of poor quality. Friend  2 He is less relevant to his marketing research. He talks about fresh air which is not appetizing to the prospective Buyers Friend  3 The Products which he brought were vague. He spent more than waiting for the results.