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.
Showing posts with label Research. Show all posts
Showing posts with label Research. Show all posts
Thursday, March 5, 2015
Tuesday, January 6, 2015
Blog 11: Holiday Project Update
1. It is important to
consistently work on your senior project, whether it is break or we are in
school. What did you do over the break
with your senior project?
Yes it is important that you constantly work on your project
since there is a lot of information to be gathered. I put in some hours with my
mentor this break.
2. What was the most
important thing you learned from what you did, and why? What was the source of what you learned?
I learned that the time of season doesn't necessarily affect
sales, for example the Christmas season, sales were expected to be high but
they did not turn out to be. My mentor was my main source since I spent most of
my hours with him.
3. If you were going
to do a 10 question interview on questions related to answers for your EQ, who
would you talk to and why?
I would talk to my mentor since he is very knowledgeable on
business, I think he would be able to answer my questions and help me.
Friday, October 17, 2014
Blog 8 - Research and Working EQ
1. What is your working EQ?
-What is the best way to maintain profits year round with minimal manipulation to prices?
2. What is a possible answer to your working EQ? Please write the answer in thesis format.
The best way to maintain profits year round with minimal manipulation to prices is to have your business in a business abundant environment and have knowledge on demographics.
3. What is the most important source you have used that has helped you come up with an answer to your working EQ?
-The most important source I've used is articles since there is an abundance of articles on different site. There are article on every aspect of business online.
4. Who is your mentor, or where are you doing mentorship, and how does what you are doing relate to your working EQ?
-My mentor is a local business owner and I do it at his establishment. He gives me tips on how he runs it and how he sells as it is related to the overall profits of it.
-What is the best way to maintain profits year round with minimal manipulation to prices?
2. What is a possible answer to your working EQ? Please write the answer in thesis format.
The best way to maintain profits year round with minimal manipulation to prices is to have your business in a business abundant environment and have knowledge on demographics.
3. What is the most important source you have used that has helped you come up with an answer to your working EQ?
-The most important source I've used is articles since there is an abundance of articles on different site. There are article on every aspect of business online.
4. Who is your mentor, or where are you doing mentorship, and how does what you are doing relate to your working EQ?
-My mentor is a local business owner and I do it at his establishment. He gives me tips on how he runs it and how he sells as it is related to the overall profits of it.
Monday, September 8, 2014
Blog 5 - Mentorship Reflection
1. Describe your experience in how you found your mentorship?
At first I had a different topic and I wasn't very interested in that topic when I found out about this one I immediately changed it. When I did change it I was worried because it was late in the summer and I had to complete the hours for my mentorship. One day I went to mall and I stumbled upon a kiosk and talked with a man working, it turns out he was the owner. A few days later I returned and explained to him about a mentorship and he agreed, I just had to wait a week or two while he cleared up some things with his insurance. After he did he agreed and I officially had a mentor, by then it was already the first week of school.
2. What has been your most important article you have read so far and why?
The most important article I have read so far was one on hiring employees. Instead of hiring based on how they answer general questions and their resume, a business owner proposed a new method of hiring. This new method would focus primarily on the interviewees interests and hobbies. This is very important, not only because it gives them a chance to openly express themselves, but because it gives the hiring manager or business owner a better understanding of their strengths in order to properly place in the business. This in turn utilizes their strengths while maintaining interest in their work, improving efficiency thus improving profits for the business.
At first I had a different topic and I wasn't very interested in that topic when I found out about this one I immediately changed it. When I did change it I was worried because it was late in the summer and I had to complete the hours for my mentorship. One day I went to mall and I stumbled upon a kiosk and talked with a man working, it turns out he was the owner. A few days later I returned and explained to him about a mentorship and he agreed, I just had to wait a week or two while he cleared up some things with his insurance. After he did he agreed and I officially had a mentor, by then it was already the first week of school.
2. What has been your most important article you have read so far and why?
The most important article I have read so far was one on hiring employees. Instead of hiring based on how they answer general questions and their resume, a business owner proposed a new method of hiring. This new method would focus primarily on the interviewees interests and hobbies. This is very important, not only because it gives them a chance to openly express themselves, but because it gives the hiring manager or business owner a better understanding of their strengths in order to properly place in the business. This in turn utilizes their strengths while maintaining interest in their work, improving efficiency thus improving profits for the business.
Thursday, August 21, 2014
Blog 3: Topic Choice and Working EQ
1. Business
2. Does the time of year affect the flow of a business and profits?
3. WB
Friday, May 30, 2014
2-Hour Presentations
1. What presentations did you see?
Gonzalez, Marco - Insurance
Escobedo, Seriah - Basketball
Mendoza, Gabriel - Creating a Franchise
Ortega, Michelle - Neonatal Nursing Intensive Care
Diaz, Evan - Real Estate
Hartlein, Jessica - Bikram Yoga
Martin, Yesenia - Sales Representative
Terry, Devanna - HLE Officer
Innis, Rhaven - HIV
Yamashita, Bradley - Homelessness
Baron, RJ - Medical Missionary
Britt, James - Brazilian Jiu Jitsu
Patel, Punit - Dentistry
Quiroz, Xavier - Firefighting
Arellano, Lionel - Computer Technical Services
Vasquez, Christian - Fire Protection
2. What questions do you have that haven't been answered about the senior project?
Some questions about the senior project that have not been answered are if multiple activities are allowed and if that would have any affect on the total amount of talking time necessary? Another question would be, how many many minutes of talking time total is required.
3. What has the most important part of the senior project based on what you are seeing in the 2-hour presentations?
I think it would have to be to meet the criteria in the grading rubric while maintaining an interesting presentation. Another one would be to make sure your presenting tools are used as effectively as possible so that it would look as professional without the boring.
4. What topic are you considering doing and why?
Im considering doing my project on music because I play an instrument and I think it would most motivate me to got that extra mile.
5. What are you doing for your summer mentorship?
I am still considering all possibilities but I think I will ultimately end up doing it at a local music store with one of the instructors.
Gonzalez, Marco - Insurance
Escobedo, Seriah - Basketball
Mendoza, Gabriel - Creating a Franchise
Ortega, Michelle - Neonatal Nursing Intensive Care
Diaz, Evan - Real Estate
Hartlein, Jessica - Bikram Yoga
Martin, Yesenia - Sales Representative
Terry, Devanna - HLE Officer
Innis, Rhaven - HIV
Yamashita, Bradley - Homelessness
Baron, RJ - Medical Missionary
Britt, James - Brazilian Jiu Jitsu
Patel, Punit - Dentistry
Quiroz, Xavier - Firefighting
Arellano, Lionel - Computer Technical Services
Vasquez, Christian - Fire Protection
2. What questions do you have that haven't been answered about the senior project?
Some questions about the senior project that have not been answered are if multiple activities are allowed and if that would have any affect on the total amount of talking time necessary? Another question would be, how many many minutes of talking time total is required.
3. What has the most important part of the senior project based on what you are seeing in the 2-hour presentations?
I think it would have to be to meet the criteria in the grading rubric while maintaining an interesting presentation. Another one would be to make sure your presenting tools are used as effectively as possible so that it would look as professional without the boring.
4. What topic are you considering doing and why?
Im considering doing my project on music because I play an instrument and I think it would most motivate me to got that extra mile.
5. What are you doing for your summer mentorship?
I am still considering all possibilities but I think I will ultimately end up doing it at a local music store with one of the instructors.
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