SEC-S20W5 | My Business Ideas | Advanced Marketing Strategies

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Assalamu Alaikum Wa Rahmatullah, I hope everyone is well. I am also well by the grace of Alhamdulillah Allah. I came to participate in the contest about the fifth week business plan. I try to participate every week. Even today, there is no alternative method. I will now write the homework in the form of a contest course about business. Before writing this, I invite some of my friends. They are @patjewell Maam, @solaymann Broo. @max-pro Friend. And @malikusman1 brother.

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Section-1 Are you innovative? Innovative entrepreneurs regularly add new products according to the needs of their customers and find new markets.

Yes, I am an innovative entrepreneur. Innovative entrepreneurs are usually those who run the business according to the needs of consumers in a creative way. I have added innovation to my business and added different signature products made by me, added different types of signature authentic food items. It is important to be an innovative entrepreneur to have expertise in a particular subject.

Creativity is the key to this business. Entrepreneurs adopt their own creative methods to manage this business. Innovative entrepreneurs not only have creativity, but it is important for them to have business ideas and economic knowledge. There are also some important steps that should be taken to become an innovative entrepreneur, notably,

• The first step is to bring innovation to the business:- bthrough creativity and adding new business according to the client's needs.
• Two Step:- Innovative entrepreneurs are always ready to take risks for their newly created products, and are ready to take risks for business investment.
• Third stage adaptation:- Innovative entrepreneurs can adapt according to the needs of consumers and all kinds of changes in the market.
• Step 4:- Market Research: Innovative entrepreneurs identify and research the needs and problems of consumers, then add new products according to their needs.
• Step 5:- Innovative entrepreneurs promote their business.

For example, Mark Zuckerberg, Elon Musk, Steve Jobs, they have brought business innovation through their creativity. And they are great examples of innovative entrepreneurship.

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Section-2 Are you adopting or imitating other business ideas? Businesses in this category try to add their strategies to the existing market trends and implement them successfully.

Yes, I have taken business ideas, it is important for every businessman to have business ideas before starting a business. I have ideas about business as an innovative entrepreneur. And before starting a business, you must master business ideas by learning and learning ideas from successful businessmen. And it is possible to achieve business success by applying business ideas taken from yourself and others.

For example:-

• Fransing: This process is about following established and successful brands.
• Customer centric service: Through this, a businessman takes ideas from customers to improve the quality of business.
• Use of technology:– Businessmen use technology to promote and promote business.

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Also, as an innovative entrepreneur, I gained many other business ideas, which were important for my business expansion, such as:-

• Research analysis: Selecting the product according to the needs of the customers, which is important for the business.
• Product changes and improvements: It is important to change the products made according to the needs of the customers and improve the quality of the product.
• Taking Feedback of Customers:- Ideas should be taken from customers to improve the quality of the product and innovation should be added to the product according to their needs.

And if you can successfully apply these ideas, it is possible to achieve business success.

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Section-3 Do you have in-depth knowledge of your target customers and offer them something of value? More importantly, do you offer your services at the right time, in the right places, and in the right way to grow your business?

Yes I have in-depth knowledge about the target customers, it is important to have in-depth knowledge about the target customers to succeed in any business. Any businessman should have an idea about his target customers. Such as

• Analysis about each customer:- Getting ideas about customers' good feelings, bad feelings, and which products they have a special interest in.

• Providing valuable offers to customers:– People need a lot of things in daily life, but people adopt simple methods to move easily and make life easy. To make life easier, you have to offer products that will attract the customer.

• Providing the right product service at the right place at the right time:– Lansing the right product at the right time in the market which will bring success to the business and attract customers.

Since I do food business, I offer different types of offers to my target customers at different times, which attract customers. For example, I offer healthy homemade food and adulteration-free food to customers, who are staying in my area to study for a lonely job are my target customers.

Since they are away from their families, I offer them healthy homemade food. And for those who are busy people, we offer the first home delivery service. And some of these offers I provide for my target customers

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Section 4 Do you analyze your potential customers and act accordingly? A successful businessman should keep a close eye on the demand and act accordingly with a changed strategy.

Yes of course I analyze my potential customers, a successful businessman analyzes his potential customers. Operates the business according to the needs of the customers and keeping in mind the likes and dislikes. I analyze my customers in different ways, such as focusing on customers' needs and likes and dislikes.

I try some new strategies that help me attract the attention of my customers. And I follow some successful businessmen and do not have ideas from them, which gives me new ideas for business. And I plan my own strategies for my business. Which inspires me.

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Cc: @dove11 & @aviral123

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Thank You Everyone For My Post Reading

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