Start your presentation by introducing yourself. Along with sharing your name, give your audience some information about your background.
Choose details that are relevant to your presentation and help establish you as an expert in your chosen topic.
Example: ”Good morning.
What are five best practices in marketing strategy formulation?
- Your Understanding Of Your Target Market
- Communicating The Value To Your Customers
- Watching The Data
- Focus
- Passion
How do you plan an engaging presentation?
- Brainstorm and outline: What’s your topic?
- Research: Use research to support your argument, find examples and statistics, or to learn more about your topic
- Write an outline
- Write a draft
- Plan any visual aids such as PowerPoint or any activities you want your audience to participate in
What are the 3 types of brands?
- A corporation or company brand
- A product brand
- A personal brand
Who said Prior planning prevents poor performance
The Five P’s: “Proper Preparation Prevents Poor Performance.” is a quote by James Baker, former Secretary of State.
What is proper planning
Proper (and effective) planning means that not only is there a process in place to ensure that the project team is quickly made aware of any issues that can compromise success, but also that there is a system in place to quickly resolve them.
How do you deliver a business presentation?
- 1 Know your material
- 2 Be enthusiastic
- 3 Arrive early to set up
- 4 Be comfortable with your own self
- 5 Open strong
- 6 Set goals for your business presentation
- 7 Tell a story
- 8 Interact with your audience
Why is proper planning important
Planning helps us to be accountable for what we do. Planning helps us decide how best to use our resources (people, time, money, information, equipment) so that they make the most significant contribution to achieving our goal.
Planning lays the basis for us to assess and evaluate our achievements effectively.
What are the types of planning?
- Operational Planning
- Strategic Planning
- Tactical Planning
- Contingency Planning
Who set the price of a product
In a competitive market, sellers compete against other suppliers to sell their products and buyers bid against other buyers to obtain the product.
This competition of sellers against sellers and buyers against buyers determines the price of the product.
It’s called supply and demand.
How do you calculate price?
- Cost price = Raw Materials + Direct Labor + Allocated Manufacturing Overhead
- Selling price = Cost price x 1.25 SP = 50 x 1.25
- Gross Profit = Total Revenue – Cost of Goods Sold Gross Profit Margin = Gross Profit / Revenue
What is the PLC in marketing
A product life cycle is the amount of time a product goes from being introduced into the market until it’s taken off the shelves.
There are four stages in a product’s life cycle—introduction, growth, maturity, and decline.
What is Labelling in marketing
A marketing label is a featured word or image that is highlighted on a product’s packaging to encourage sales.
Often, these words underscore an ingredient or process that implies health, safety, or effectiveness.
What is an example of STP
What is an example of STP? The most classic example of STP marketing is the Cola Wars of the 1980s.
Both Pepsi and Coca-Cola used STP marketing to increase their market shares after the introduction of New Coke.
What do you mean by positioning
Definition: Positioning defines where your product (item or service) stands in relation to others offering similar products and services in the marketplace as well as the mind of the consumer.
Description: A good positioning makes a product unique and makes the users consider using it as a distinct benefit to them.
What is retail marketing mix
A retail marketing mix is similar to the traditional marketing mix, also known as the “4 Ps” of marketing.
These include product, pricing, place, and promotion. The retail marketing mix adds two more “Ps” to the mix: people and presentation.
What words attract customers?
- Free
- Exclusive
- Easy
- Limited
- Get
- Guaranteed
- You
- Because
What are the steps in planning?
- Analyze Your Situation
- Identify the Aim of Your Plan
- Explore Your Options
- Select the Best Option
- Detailed Planning
- Evaluate the Plan and Its Impact
- Implement Change
- Close the Plan and Review
How can I develop my presentation skills?
- Present useful information
- See how the experts do it
- Learn it without notes
- Watch yourself in the mirror
- Use your presentation as an opportunity
- Give yourself time to prepare
- Use a visual aid
- Practice positive thinking
What is proper planning prevents poor performance
6P Rule (aka Prior Proper Planning Prevents Poor Performance) is one of the rules that will help you improve time management skills.
6P rule implies that a prior proper planning before taking action prevents poor performance.
This means before you take action, spare your time to make plan on how to manage your task.
What are the main components necessary for a market to occur
Markets try to find some balance in price when supply and demand are themselves in balance.
But that balance can in itself be disrupted by factors other than price including incomes, expectations, technology, the cost of production, and the number of buyers and sellers participating.
How do I make a 360 marketing plan?
- Know Where Your Target Audience Is
- Determine Your Purpose and Plan
- Map Out Your Customer Journey and Touchpoints
- Establish the Channels You’re Going to Use
- Achieve Higher Engagement Rates on Social Media
- Use Pay-Per-Click Advertising for Quick Results
What makes a good promotion
An effective sales promotion uses imagery, effective copy, and logic to appeal to the needs, values, and emotions of your target audience, and invites them to purchase your products or services with an incentivizing offer.
Is packaging a product or promotion
Packaging is Part of the Product Packaging is more than just a box or wrapper that keeps products contained.
Packaging becomes the product and part of the brand.
What are the planning tools?
- Organizational timelines
- Action item checklists
- Things-to-do checklists
- Sample meeting agendas
What are the six strategies to attract customers?
- Offer quality products
- Cultivate good people skills
- Know your customers
- Use attractive packaging
- Let customers try samples
- Be willing to change
Which of the following is a characteristic of early adopters
Early adopters will normally have a reasonably high social status (which in turn enables thought leadership), reasonable access to finances (beyond those of later adopters), high levels of education and a reasonable approach to risk.
What is a pestle and SWOT analysis
PESTLE analysis considers the broad environmental context that affects the business and the changes that occur in this context.
SWOT analysis then interprets these findings for the business to determine the strengths and weaknesses, and opportunities and threats.
What are 4 ways to attract customers?
- Offer new customers discounts and promotions
- Ask for referrals
- Recontact old customers
- Network
- Update your website
- Partner with complementary businesses
- Promote your expertise
- Take advantage of online ratings and review sites
What is the best marketing strategy
If you are looking for the overall most effective marketing strategy for small business, content marketing is the winner.
Content marketing encompasses blogs, videos, social media posts, podcasts, webinars, and more – basically, any type of content you can distribute online falls into this category.
References
https://katanamrp.com/blog/how-to-calculate-selling-price/
https://ampler.io/articles/4-steps-to-great-presentations/
https://www.mindtools.com/pages/article/newSTR_82.htm
https://parametricpro.com/blog/2021/6/9/the-4-ps-framework
https://www.forbes.com/sites/allbusiness/2020/02/28/attract-new-customers-small-business-tips/
