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Guerilla Marketing - Assignment 15

Guerilla  Marketing can be a very risky method to use, although most people have very great success with their businesses using this. This method is where you take the most aggressive plunge at what you are selling and give the company max profitability. A  downside to this is some people may begin to see how aggressive you are being and start to think that maybe the company is greedy. If this card is played right, it will pay off for the company in great numbers. 

Assignment 14 - Public Relations

Social media - Assignment 13

Social media marketing is the number one tool that businesses use in this current day.  For people to be able to reach a huge audience with just a click of a button is a huge plus for them.  Not only is it easy,  but it is also very effective with reaching people and  having them see your product or service. When someone can just be scrolling  on line  and see every single detail about your product without having to get up and go anywhere, it automatically makes them more interested.                                

Small business - Assignment 11

Small businesses can be a very tricky thing to operate successfully, especially when it is done by only one single individual. The location is obviously the biggest thing you need to decide, you cannot have it somewhere that there is no flow of people, you will never make any profit. Location does not just apply to a small business, it applies to every organization out there.  More goes into thinking about a location for a business than most people may imagine, this is one of the most difficult parts of starting up. 

Advantage - Assignment 12

Having an advantage in anything you do will always help you in many different ways.  A competitive advantage is one of the best things to have behind you when starting up any business or organization.  Competitive advantage puts you one step ahead  of the competition. Whether it be in a financial state or even the location of the business, anything will count as competitive advantage when you have an up on the competitors. This also shows customers you are working hard  to earn their business and trust.                                               

Small Businesses - Assignment 10

Small businesses can be a very tricky thing to operate successfully,  especially when it is done by only one single individual.  The location is obviously the biggest thing you need to decide,  you cannot have it somewhere that there is no flow of people,  you will never make any profit.  Location does not just apply to a small business,  it applies to every organization out there.   More goes into thinking about a location for a business than most people may imagine,  this is one of the most difficult parts of starting up.                                                                                               

Strategic prices - Assignment 10

Strategic pricing is a very focal point in running any business. Some  people do it properly, but then some people can either  over-price and under-price their products. When you under-price your product or your service, many people will come in, but you will not be making any money, basically working for free. On the other hand no customers will come in at all if the product or service is way over-priced. You have to find a good medium point when dealing with prices.