Hi! I am owner of an ice crean chain with 45 stores in Chile. We have stores in shopping centers, streets and also karts that you can put in events and parks. The average cost margin of ice cream (depends on the amount of materials you use in producing the ice cream) is around 40%. This is ita...
I lived in the US for 28 years before returning to Russia. My name is not easy for Americans to pronounce (anything outside of the Anglo-Saxon standard names seems to fit that category). Short version of Stanislov is Stas, so I went with that for them, but I never would change my name. Take pride...
I can assist you in putting together a plan to build, market, and sell your new supply chain Saas tool. I would need some more specific before I can advise you on your best next steps.
I don't think being Pinterest-only is too specific. It is an overlooked, yet valuable, social media platform that most don't know how to effectively use for their business. When you're setting out to be an expert, you need to be prepared to answer what makes you different than the competition. I...
Ensuring the long-term sustainability of a business in today's dynamic and competitive market requires a multifaceted approach that takes into account various aspects of the business. Here are some key strategies to consider: 1. Adaptability and Innovation Businesses must stay adaptable to chang...
Hi, Allan here. I have been leading our market research team for the last 3 years. I would say that market research is very essential in setting up your business. You need to know the demographics, people flow, availability of physical location, etc. I want to help you further so please let me ...
Word of mouth is your best bet. You may need to offer a few low-cost sessions to start building that trust.
The challnege here is that not too many people really understand branding, similar to the way people understand marketing. It does not have a consistent meaning. You will have to educate your csuite or key personnel on the value of developing their brand. Use examples of other companies in your ...
Advertising is one of the ways to get traction, but for most brands it takes over 6 months (or a year) to build any income at all. It's a good way to promote local stores or coffee shops, and cheaper products, but the cost per click is high for online products and the initial investment is signif...
This is very tricky, as many countries participate in the Eurozone food requirements or other equally oddball rule sets. Your first step will be to pick a jurisdiction, like Europe + then ensure your ingredients list matches their rule set. If for example, you have Kava Kava on your label, you ...