Friday, January 10, 2014

Today we discussed a few things, one of key importance is that of the four P's within your buisness.  Pric, place, promotion, and product. These are all essential to building a successful buisness no matter the field you enter. I took from this that building a good reliable brand may be the best way to make your buisness last. We discussed how people tend to buy what they know, so if you can do something to set your brand apart and make people hear about it chances are they will purchase your product over other similar products. Place and price have a close relationship due to the economics of an area affecting the price people are willing to pay for certaing things. In some area people are more apt to allocate their money towards one resource or another. As well a good solid product is a keystone to any buisness operation. For without a product people will like, you will probably not make it to far in the world of buisness.

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