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A series of vocabulary flashcards based on Stefany Bolivar's pitch for QueenPanada, a Latin-inspired empanada brand.
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Empanada
A Latin-inspired pastry filled with various ingredients such as meat and cheese.
QueenPanada
A brand specializing in handmade empanadas and catering services.
Catering
Providing food services for events such as birthdays, graduations, and corporate meetings.
Market Opportunity
The potential for growth within a specific market, in this case, the Hispanic food market in the U.S.
Gross Margins
The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.
Hispanic food market
A segment of the food industry focused on Latin cuisine, valued at over $80 billion annually.
Cultural storytelling
The practice of sharing narratives and traditions that connect a brand to its community and culture.
Festival and pop-up events
Temporary events where businesses can showcase their products and engage with potential customers.
Buying power
The financial ability of a demographic group to purchase goods and services.
Production capacity
The maximum output that a company can produce over a specific period.