Starting a business is a major decision that requires careful planning and assessment of market demand. Understanding market demand is crucial for entrepreneurs to identify and address a gap in the market. However, measuring demand can be a difficult task for many business owners, especially those with limited market research experience. In this article, weThinking of starting a business? Learn how to measure demand!
Word of mouth is a powerful marketing tool for businesses. According to a Nielsen study, 88% of consumers trust recommendations from friends and family over all other forms of advertising. This means that if your customers recommend your business, you have a significant advantage over your competitors. But how do you know if your customersDo your customers recommend your business?
Artificial Intelligence (AI) has transformed various industries in recent years. The dynamics of artificial intelligence in the field of business administration is no exception. With artificial intelligence, every business has the ability to collect, analyze and interpret data at unprecedented speed and scale. One of the most promising AI technologies in the field of entrepreneurshipArtificial Intelligence, Chat GPT and Business Management
What are we talking about? Right under our noses a big chunk of what we used to call marketing has slipped away, but not into obscurity. There is no doubt that the field of marketing has grown and evolved dramatically in the past few decades from a tactic to an art and from an artRemembering the value of vanilla marketing