Question that you faces in your day-today life, in your business during exchange of goods and services. Short and Easy to answer that make a impression in your mind.
What is Business?
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
What is FMCG?
Fast-moving consumer goods (FMCG) are cheaper products that sell quickly such as milk, gum, fruit and vegetables, soda, beer, and common drugs like aspirin.
What Is Capital?
Capital refers to the financial resources that businesses can use to fund their operations like cash, machinery, equipment and other resources.
What is White Labeling?
In the digital world, white labeling is when your company purchases a white label company’s services and presents them to the customer under your brand name, i.e white label products are sold by retailers with their own branding and logo but the products themselves are manufactured by a third party. White labeling occurs when the manufacturer of an item uses the branding requested by the purchaser, or marketer, instead of its own.
What is Surrogate Marketing?
Surrogate advertising refers to a form of advertisement that duplicates the brand image of one product to promote another product of the same brand. The word surrogate means a ‘substitute’. Usually, brands use surrogate advertising to promote a banned product under the veil of a substitute good.
Some instances of surrogate advertisements are: Bagpiper Soda, Cassettes and CDs, Royal Challenge Golf Accessories and Mineral Water, Imperial Blue Cassettes and CDs etc.
What is LLP?
A limited liability partnership is a partnership in which some or all partners have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner’s misconduct or negligence.
What is Capital?
Capital often refers to money, but it can also be used to refer to everything your business owns and uses to function (e.g., equipment, vehicles, buildings, land, etc.).
What is Benchmarking?
Benchmarking is defined as the process of measuring products, services, and processes against those of organizations known to be leaders in one or more aspects of their operations.
What is SWOT?
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business. SWOT Analysis is a tool that can help you to analyze what your company does best right now, and to devise a successful strategy for the future.
What is a KPI?
A performance indicator or key performance indicator is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity in which it engages.
What is Niche Market?
A niche market is a segment of a larger market that has its own demands and preferences. Companies focus on niche markets to better cater to a specific consumer than competitors who target a broad audience. Catering to the unique demands that mainstream providers aren’t addressing, businesses pursue niche markets to build loyalty and revenue with a largely-overlooked audience.
What Is Inbound Marketing?
Inbound marketing is a strategic approach to creating valuable content that aligns with the needs of your target audiences and inspires long-term customer relationships. Your customers are your customers because you provide solutions to their problems.
What is outbound marketing?
Interruption marketing or outbound marketing is promoting a product through continued advertising, promotions, public relations and sales. It is considered to be an annoying version of the traditional way of doing marketing whereby companies focus on finding customers through advertising.
What is CTR?
CTR is the number of clicks that your ad receives divided by the number of times your ad is shown: clicks ÷ impressions = CTR. For example, if you had 5 clicks and 100 impressions, then your CTR would be 5%.
What is a MoFu?
MoFu (middle-of-funnel) is where the marketer positions their company as the best provider of a product to suit the customer’s needs. This point may include targeted offers and content, such as podcasts, comparison charts and webinars. BoFu (bottom-of-funnel) is the closing stage, where the marketer goes for the sale.
What is Cash Flow?
Cash flow measures how much money is moving into and out of your business during a specific period of time.
Businesses bring in money through sales, returns on investments, and from loans and investments—that’s cash flowing into the business. And businesses spend money on supplies and services, as well as utilities, taxes, loan payments, and other bills—that’s cash flowing out. Cash flow is measured by comparing how much money flows into a business during a certain period of time compared to how much money flows out of that business during that same period. Usually, cash flow is measured over the course of a month or a quarter.
What is Non-fungible token?
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.