Chapter 3
CHAPTER 3
What type of business?
1.) Service Business
2.) Manufacturing Business
3.) Merchandising Business
4.) Tech Business
How are you going to sell your products and services?
HOW
-Content Marketing beyond SEO
-E-Commerce
-Search Engine Optimization
-Products in Other Stores
-Pay Per Click Ads
-TV & Radio Advertising
-Physical Storefront
-Email Marketing
-Social Media Marketing
What makes a Business Idea?
What is a business idea?
- A business idea is a very reason why a business exists.
- It answers the what and why.
Possible Reasons why A Business Exists
-A gap in the market
-New product, service or invention
-An innovative solution to an everyday problem
-An interest or hobby that can be monetized
-Utilized skills you’ve learned in your career
Identifying the Business Idea
HOW?
- Examine your own skill set for a business idea
- Identify undeserved needs
- Invent a New Product or Service
- Add Value to an Existing Product
- Investigate Other Market
- Get on the Bandwagon
CHAPTER 3
What type of business?
1.) Service Business
2.) Manufacturing Business
3.) Merchandising Business
4.) Tech Business
How are you going to sell your products and services?
HOW
-Content Marketing beyond SEO
-E-Commerce
-Search Engine Optimization
-Products in Other Stores
-Pay Per Click Ads
-TV & Radio Advertising
-Physical Storefront
-Email Marketing
-Social Media Marketing
What makes a Business Idea?
What is a business idea?
- A business idea is a very reason why a business exists.
- It answers the what and why.
Possible Reasons why A Business Exists
-A gap in the market
-New product, service or invention
-An innovative solution to an everyday problem
-An interest or hobby that can be monetized
-Utilized skills you’ve learned in your career
Identifying the Business Idea
HOW?
- Examine your own skill set for a business idea
- Identify undeserved needs
- Invent a New Product or Service
- Add Value to an Existing Product
- Investigate Other Market
- Get on the Bandwagon