Episode 5: Where do I sell my product?

Let's remind ourselves: what are the important things that we have to take into account when we do business and want to be successful?

I challenge you to answer your question: how does your tasty lemonade get to the customer? Where do you sell it?

This is what a group of young entrepreneurs chose to do: 

We recommend that you pause each time a question is posted to come up with the solution yourself.

Continue the discussion with a friend / parent to better understand what it means to find the best selling place to help you sell your merchandise.

Here are some questions to guide your conversation:

• Where did young entrepreneurs go wrong? Why was the first location chosen not good?
• How did they arrange the sales stand?
• What should you consider when choosing where to sell your product?

The point of sale is a key element for the success of your business!

When thinking about the location of the sale, you must answer the following questions: 

• Where will I sell?
• How do I set up the sales stand / shop?
• When will I sell so that there are many customers?
• How many products do I prepare?

An entrepreneur builds a scheme in which he ensures with the help of the above questions that his product reaches customers as easily as possible. 

Challenge to direct experience: 

Choose a product you like (it can be a toy, a dish, scented candles, cotton candy, or anything else) and draw the sales location for that product. What does it look like? Where do you place the stand? 

Remember: you have to make the products available in the right place at the right time and in the right quantity for your customer!

The next episode appears on Friday, May 29, 2020.

#staytuned #do the Challenge #learn at home