Ramsey Foundations in Entrepreneurship Marketing

What is the most powerful forms of word-of-mouth marketing?

When customers see ads on social media about your business this is word of mouth marketing?

What is marketplace need?

A __________ is something you do for someone else as your business.

Because social media posts can be shared, this is not a good way to market your business.

The percentage of a market controlled by a company or product is

The most important thing you can do for your business finances is to use a zero-based budget.

The tone of your brand is all about your word choice.

Which of the following is NOT an example of promotion?

People buy from those they know, like, and trust.

The look of your brand includes all of the following except

A _______ is a tangible item you sell for your business.

Which of the following is NOT key to correct marketing to the correct people?

In order to attract more customers, you need to offer a product or service that solves a problem for someone.

"White space" refers to the potential customers you have reached and know about your product

Identifying your target market and then focusing your marketing there will help increase sales.

Activities that increase awareness and sales of a product or service.

Promoting your business anywhere and everywhere is an effective marketing strategy.

What is word-of-mouth marketing?

When customers think about your business you want them to sense?

Your primary group of customers to whom you direct your marketing efforts.

Which of the following is NOT a tip when choosing a name for your business?

ROI stands for

Everything a business does to convince customers to buy their product or service is branding.

Your brand is just your logo and name.