You have an idea for a new business . How will you convince them that your business is the one they should invest in?

MARKET RESEARCH: What type of marketing research could you do?

TARGET MARKET: Identify the target market: demographics, psychographics, geographics, consumer behaviors.

PRODUCT STRATEGY: Explain your product/business strategy - why is the business needed

PLACE STRATEGY: Explain your place strategies, how will you decide where to locate the business

PRICING STRATEGY: Explain your pricing strategies, what will you be able to charge, what is the demand etc.

PROMOTION STRATEGY: Explain your promotion strategies, how will you communicate your message?

Answer rating: 100% (QA)

To convince potential investors that my business is worth investing in I would present a comprehensive plan addressing various aspects of the business ... View the full answer