Saturday, January 20, 2018

[Marketing] 02. Your Business

Core components of a business: 


  • revenue
  • cost
  • product/service
  • customers


Value Proposition: 


  • for - target customer
  • who - statement of the need/ opportunity
  • our - product or service/ category
  • that - statement of benefit
  • unlike - closest competitor
  • our offer - a primary differentiator


Business Models
B2B: business to business
B2C: business to people

Terms

  • Revenue
  • Cost of Goods Sold(COG)
  • Gross Profit: Revenue - COG
  • AOV: average order value
  • Return on Investment(ROI)
  • Lifetime Value(LTV)


Business Cycle
startup: sustainable interest
-> growth: growth over time
-> mature: profit
-> decline: revive growth

1 comment:

  1. Here is the investors contact Email details,_   lfdsloans@lemeridianfds.com  Or Whatsapp +1 989-394-3740 that helped me with loan of 90,000.00 Euros to startup my business and I'm very grateful,It was really hard on me here trying to make a way as a single mother things hasn't be easy with me but with the help of Le_Meridian put smile on my face as i watch my business growing stronger and expanding as well.I know you may surprise why me putting things like this here but i really have to express my gratitude so anyone seeking for financial help or going through hardship with there business or want to startup business project can see to this and have hope of getting out of the hardship..Thank You.

    ReplyDelete

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