ECONOMICS
ENTREPRENEURS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing Plan
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Market Analysis
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Detailed explanation-1: -The products and services section of your business plan outlines your product or service, why it’s needed by your market, and how it will compete with other businesses selling the same or similar products and services.
Detailed explanation-2: -You can make new contacts and reach out to potential customers by participating in trade shows, conferences, community activities and other networking events. Speaking to people about your business can be one of the most effective ways of promoting your product or service.
Detailed explanation-3: -Offer loyal customers an exclusive preview. Use a special introductory offer. 3. Make use of Google My Business. Run a social media contest. Spread the word via email. Write a blog post. Host an event. Offer a complimentary upgrade. More items •29-Jul-2020
Detailed explanation-4: -Product: What is the good or service that your business will offer? Price: How much can you charge? Promotion: How will your product or service be positioned in the marketplace? Place: Which sales channels will you use?