Advice To My Entrepreneurial Son: How To Start and Grow a Business in 2022

Advice To My Entrepreneurial Son: How To Start and Grow a Business in 2022

When my 15-year-old son came to me with an idea for a new product that he wanted to turn into a business… well it got me excited! AND it got me thinking. With people turning to self-employment more than ever due to the past two years of upheaval and searching to find more fulfilment in their lives, I've seen so many exciting new products come to the market. But I've also seen a lot of products that never really made the mark or get anywhere in terms of sales. It's either a case of a great product idea with very little or the wrong type of marketing in place OR a poor product idea that requires an enormous amount of marketing but still, no one buys. So when my son Hamish came to me with his new product idea I automatically started to run it through my evaluation process: Is there a need for this product and will people buy it? Is it scaleable? How can the product be promoted? Oh, I was in my element! So I thought it would be a great process to share with you, how I evaluated Hamish's new product idea and applied it against my criteria to determine if it was worth pursuing. And then look at how to market a new product and business in 2022. Listen as I evaluate a new product idea to discover its potential and share how I would apply marketing techniques in 2022.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(345)

How to plan an ecommerce promotional calendar for steady, profitable growth

How to plan an ecommerce promotional calendar for steady, profitable growth

A 40% discount on a 50% margin product doesn't cost you 40% of your profit. It costs you 80%. In this episode of The Brand Marketing Show, Catherine Langman walks through the arithmetic almost nobody ...

10 Sep 37min

I bought from a brand I'd wanted for months. I'll never buy from them again.

I bought from a brand I'd wanted for months. I'll never buy from them again.

I finally bought from a brand I'd been following for months, and by the time I'd paid I felt slightly worse about myself than when I started. This episode is about why. Every website contains a predic...

3 Sep 38min

Your revenue grew. Your profit didn't. Here's how to get it back.

Your revenue grew. Your profit didn't. Here's how to get it back.

A premium brand in its second decade raised its ad spend by around sixty per cent. Revenue rose around twenty. Profit fell, and the founder was certain the cause was her advertising. The advertising a...

27 Aug 29min

How to Price Your Premium Brand for Profitable Growth

How to Price Your Premium Brand for Profitable Growth

Your gross margin looks healthy – and it's probably lying to you. In this episode of The Brand Marketing Show, I show you how to price a premium brand for profitable growth, with real numbers from two...

20 Aug 39min

Why "just sell direct" is bad advice for premium brands (and the best advertising you're not paying for)

Why "just sell direct" is bad advice for premium brands (and the best advertising you're not paying for)

Your best advertising isn't an ad – it's someone else's shelf. And "just go direct" probably talked you out of it. Everyone is telling premium brands to cut out the middleman and go direct-to-consumer...

13 Aug 33min

Boring doesn't stop the scroll. Here's what does.

Boring doesn't stop the scroll. Here's what does.

If your content doesn't stop the scroll, it's not because your packing-orders Reel lost to a better one. It lost to the four hundred similar versions that came before it, which had already taught her ...

6 Aug 25min

The real reason I don't buy from most brands (& the incredibly simple solution)

The real reason I don't buy from most brands (& the incredibly simple solution)

I'm the customer premium brands want most – and I recently realised I'd walked straight past one I should have loved, for a whole year, while actively shopping for exactly what they sell. In this epis...

30 Juli 33min

The marketing mistake that costs more than your ad spend

The marketing mistake that costs more than your ad spend

"If I could just crack Meta, I'd be able to scale." I hear a version of this almost every week – and it's almost always wrong. In this episode of The Brand Marketing Show, I make the case that growing...

22 Juli 37min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
rss-borsens-finest
varvet
24fragor
uppgang-och-fall
avanzapodden
badfluence
rss-inga-dumma-fragor-om-pengar
svd-tech-brief
bathina-en-podcast
lastbilspodden
fill-or-kill
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
tabberaset
affarsvarlden
rss-hos-psykologen
borsmorgon
rss-kort-lang-analyspodden-fran-di