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Introduction to Business
Marketing Project Introduction to Business
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Agenda What should be in your project? Description of features
Description of benefits Customer profile Competitive advantage
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Bottom Line What are you selling Why should people care
Who is “the one” customer
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What should be in your project?
Describe in detail your product or service Describe product or service features Explain the core benefits Identify your “one” customer Clarify your point of different Write it up like a plan
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Describe your service Service Features What do you do? For whom?
When do you offer your services? How often? How does someone order your service? Where are you located?
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Describe your product Product Features
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Benefits
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Who’s your customer? “The One” you will talk to consistently
Facts (live, income, gender) Preferences (read, eat, watch, do) How does he/she behave? Fit in? Get ahead? Value family? Impulse? Life change?
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Customer Profile
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Competitive Advantage
“Reason someone would buy your product over the competitor’s on a regular basis.” Combination of your features, benefits, profile knowledge and BRAND
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Competitive Advantage
Choose one or two close competitors What product or service do they have that’s similar? How would you convince a consumer to purchase your product/service over theirs?
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Structure: (more to come)
Start with an introduction Focus each paragraph on one idea at a time Transition between paragraphs End with a conclusion Proofread your work and have someone else proofread it too!
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