Thursday, March 5, 2015

Blog 17: Answer 3

1. EQ:
-What is the best way to maintain profits year round with minimal manipulation to prices?

2. Answer #3:
-The best way to maintain profits year round with minimal manipulation is to stay caught up with trends and to have good salesmanship.

3. 3 Details:
-Salesman need to deliver a quick but effective pitch consisting of all the information that needs to be said without losing the interest of the customer.
-A pushy salesman can steer away customers from your business so its important to remain calm when pitching to a customer.
-Since my mentor is a toy dealer he must keep up with the new toys that hit the market.
4. Sources:
-Fallon, Nicole. "5 Key Parts of Every Successful Sales Pitch."BusinessNewsDaily.com. Business News Daily, 12 Dec. 2014. Web. 29 Jan. 2015.

-Klein, Karen E. "Six Tips for Launching New Products." Bloomberg Business Week. Bloomberg, 10 Oct. 2014. Web. 07 Nov. 2014.

-Grauer, Yael. "10 Winning Ways to Keep up with Industry Trends | VR Marketing Blog." VerticalResponse Blog. VerticalResponse Blog, 30 July 2014. Web. 02 Mar. 2015.

5. Small businesses require a lot of attention since they are close to the start ups there are many moving pieces that require attention.

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