From this week reading
reflection, what stood out the most is the marketing concepts for entrepreneurs
.It is very essential to understand the marketing plan, pricing strategy approach,
market research, and market knowledge. However, over time marketing has become
more important because it is the strategy to how captures the customer’s attention.
Nowadays the most important factor in the business world is to be able to understand
the necessity of the clients. Therefore, it is very important to do a whole
market research because it is the gathering of importation about a particular market.
The part of the reading that was the most confusing for me was to understand the
pricing for the product life cycle; however, I read it again and know it all
makes sense. This reading was very useful for me and I found it the most interesting
of all the reading I have read in this class. I don’t disagree in the reading;
moreover, I agree completely in everything that the author states.
No comments:
Post a Comment