Chapter 40 Product Assessment
Hi
As I did in Chapter 35,when I assessed your personal skills in business I will do the same to assess your product.
The same method u will follow when allocating the credits.
Answer no. Credit
1. 3
2. 2
3. 1
4. 1
Please reread Chapter 34,35
Let's get to work:
Take of paper write 1 to 50
1.How did u start your business?
1.Research
2.Survey
3.I don't remember
2.If u have done research, how did u start your research?
1.saw people's needs.
2.saw my needs.
3.After researching did an expert help u to restructure your research?
1.Yes I did
2.I took some part to research.
4.Were u able to put in financial implication?
1.Yes
2.Partly
3.Overlooked it.
5.How long did your research take?
1.Above 3 months
2.1 month.
3.1 hour.
6.Did u convert your research into survey
1.Yes I did
2.Partly
3.No I didn't.
7.How did u conduct your survey?
1.Telephonically
2.Email
3.I was at bar/church discussing
8.How long did your survey take?
1.Over 3 months.
2.1 month
3.I hour
9.Did your survey work for u?
1.Yes
2.Sometimes
3.No
10.Are your clients pay u?
1.Yes
2.Sometimes
3.No
11.How does a client pay u?
1.Bank transfer/Checks/Cash
2.Internet processors
3.No payment.
12.Do these payment come from
1.all over the whole world.
2.only from your country
3.no money came out.
13.Are your clients pay u in time after advertising?
1.They do
2.Sometimes
3.No
14.At an average, how much money do u make per month?
1.Above $500
2.Between $100-$499
3.Less than $100
15.What do u do with your profits?
1.50% to the production,20% to savings 30%
to salaries.
2. 40% to the production, 40% to salaries 20% to the savings.
3.We don't plan.
16.Does your advertisement equate to the profit?
1.Yes it does.
2.Sometimes
3.No
17.What is the general response of your clients after u have advertised?
1.Enquiries & Payment
2.Enquiries
3.No response.
18.What type of product do u sell?
1.Digital (photos, downloadable)
2.Material (clothes,CDs,Computer)
3.I mixed all of them
19.Is there any internet company which markets your product on your behalf?
1.there is one
2.No I do it myself
3.Any can do it.
20.Who handle your finances between u and your clients?
1.Internet processor
2.Bankwiring
3.Other financial institutions
21.How do u describe your product?
1.Excellent
2.Good
3.Acceptable
22.How long did u sell this product in the internet?
1.Over 10 years.
2. 2 to 9 yes
3.less than 2 years
23. Are the numbers of your clients increasing
1.Yes,it does
2.Slow increases
3.Decreasing
24.If the numbers of your clients are increasing, they are from
1.the whole world
2.my country
3.nowhere
25 How long did your take?
1.0-3 weeks
2.4-12 weeks
3.Above a year.
26.Do u constantly improve your product in the market?
1.Yes I do
2.Sometimes
3.No I didn't
27.How do u market your product?
1.Email marketing
2.Direct marketing
3.I don't market
28.Do u need a big space to do your business?
1.No. A computer and smaller room
2.A sizeable space.
3.Yes I need a big space.
29.Do u have competitors?
1.Yes
2.Not so much
3.I don't know.
30.How do u outperform your competitors?
by making a
1.best product
2.better product
3.nothing
31.Was your product honoured 3 years ago?
1.It was yearly honoured.
2.once in 3 years
3.no honour
32.Do u arrange seminars for your business?
1.Yes I do
2.Sometimes
3.No
33.After the seminar,the profits
1.Increased
2.stay the same
3.decreased.
34.Would u recommend anyone to a seminar?
1.Yes
2.Sometimes
3.No
35.Which is the best advertising method?
1.Internet websites
2.Door to door
3.biding
36.Who is likely to be your clients?
1.Women
2.Men
3.I don't know
37.After packaging and sending produce,do
you_____________,client?
1.notify
2.sometimes notify
3.not notify the client
38.Did u expand your client base?
1.Yes I did
2.still trying
3.,no I didn't.
39.Which mechanism do u evaluate your product?
1.sells rate
2.appreciation
3.I don't do that.
40.How do u know that your product is
relevant?
1.I get calls and emails
2.I get clicks
3.I don't look at that.
41.Which age group/s does your product cover?
1.All ages
2.10___15 years
3.No target.
42.How do u prepare to stay in the market?
1.adapting to the changes
2.markets dictate to me
3.I don't have any plan.
43.In case u run out of funds,what do u do to keep in your business alive?
1.Research the problem.
2.I just use what is emanated from research
and survey.
3.just relax
44.What do u do with the salary structure of your employees?
1.Commission negotiations
2.Halving the salaries
3.Just chase them.
45.Does your product fall on the tax threshold?
1.Yes
2.Sometimes
3.I don't know
46.Are u consortium?
1.Yes
2.No
3. I don't know
47.Do u regularly contact your clients?
1.Yes I do
2.Sometimes
3.No
48.Did u have any dispute over your product last year?
1.No I didn't.
2.Sometimes
3.Yes a lot
49.Do u improve when your complain?
1.Yes I do.
2.Sometimes
3.No.
50.Can your product be sold to other countries?
1.Yes
2 Partly
3
As I did in Chapter 35,when I assessed your personal skills in business I will do the same to assess your product.
The same method u will follow when allocating the credits.
Answer no. Credit
1. 3
2. 2
3. 1
4. 1
Please reread Chapter 34,35
Let's get to work:
Take of paper write 1 to 50
1.How did u start your business?
1.Research
2.Survey
3.I don't remember
2.If u have done research, how did u start your research?
1.saw people's needs.
2.saw my needs.
3.After researching did an expert help u to restructure your research?
1.Yes I did
2.I took some part to research.
4.Were u able to put in financial implication?
1.Yes
2.Partly
3.Overlooked it.
5.How long did your research take?
1.Above 3 months
2.1 month.
3.1 hour.
6.Did u convert your research into survey
1.Yes I did
2.Partly
3.No I didn't.
7.How did u conduct your survey?
1.Telephonically
2.Email
3.I was at bar/church discussing
8.How long did your survey take?
1.Over 3 months.
2.1 month
3.I hour
9.Did your survey work for u?
1.Yes
2.Sometimes
3.No
10.Are your clients pay u?
1.Yes
2.Sometimes
3.No
11.How does a client pay u?
1.Bank transfer/Checks/Cash
2.Internet processors
3.No payment.
12.Do these payment come from
1.all over the whole world.
2.only from your country
3.no money came out.
13.Are your clients pay u in time after advertising?
1.They do
2.Sometimes
3.No
14.At an average, how much money do u make per month?
1.Above $500
2.Between $100-$499
3.Less than $100
15.What do u do with your profits?
1.50% to the production,20% to savings 30%
to salaries.
2. 40% to the production, 40% to salaries 20% to the savings.
3.We don't plan.
16.Does your advertisement equate to the profit?
1.Yes it does.
2.Sometimes
3.No
17.What is the general response of your clients after u have advertised?
1.Enquiries & Payment
2.Enquiries
3.No response.
18.What type of product do u sell?
1.Digital (photos, downloadable)
2.Material (clothes,CDs,Computer)
3.I mixed all of them
19.Is there any internet company which markets your product on your behalf?
1.there is one
2.No I do it myself
3.Any can do it.
20.Who handle your finances between u and your clients?
1.Internet processor
2.Bankwiring
3.Other financial institutions
21.How do u describe your product?
1.Excellent
2.Good
3.Acceptable
22.How long did u sell this product in the internet?
1.Over 10 years.
2. 2 to 9 yes
3.less than 2 years
23. Are the numbers of your clients increasing
1.Yes,it does
2.Slow increases
3.Decreasing
24.If the numbers of your clients are increasing, they are from
1.the whole world
2.my country
3.nowhere
25 How long did your take?
1.0-3 weeks
2.4-12 weeks
3.Above a year.
26.Do u constantly improve your product in the market?
1.Yes I do
2.Sometimes
3.No I didn't
27.How do u market your product?
1.Email marketing
2.Direct marketing
3.I don't market
28.Do u need a big space to do your business?
1.No. A computer and smaller room
2.A sizeable space.
3.Yes I need a big space.
29.Do u have competitors?
1.Yes
2.Not so much
3.I don't know.
30.How do u outperform your competitors?
by making a
1.best product
2.better product
3.nothing
31.Was your product honoured 3 years ago?
1.It was yearly honoured.
2.once in 3 years
3.no honour
32.Do u arrange seminars for your business?
1.Yes I do
2.Sometimes
3.No
33.After the seminar,the profits
1.Increased
2.stay the same
3.decreased.
34.Would u recommend anyone to a seminar?
1.Yes
2.Sometimes
3.No
35.Which is the best advertising method?
1.Internet websites
2.Door to door
3.biding
36.Who is likely to be your clients?
1.Women
2.Men
3.I don't know
37.After packaging and sending produce,do
you_____________,client?
1.notify
2.sometimes notify
3.not notify the client
38.Did u expand your client base?
1.Yes I did
2.still trying
3.,no I didn't.
39.Which mechanism do u evaluate your product?
1.sells rate
2.appreciation
3.I don't do that.
40.How do u know that your product is
relevant?
1.I get calls and emails
2.I get clicks
3.I don't look at that.
41.Which age group/s does your product cover?
1.All ages
2.10___15 years
3.No target.
42.How do u prepare to stay in the market?
1.adapting to the changes
2.markets dictate to me
3.I don't have any plan.
43.In case u run out of funds,what do u do to keep in your business alive?
1.Research the problem.
2.I just use what is emanated from research
and survey.
3.just relax
44.What do u do with the salary structure of your employees?
1.Commission negotiations
2.Halving the salaries
3.Just chase them.
45.Does your product fall on the tax threshold?
1.Yes
2.Sometimes
3.I don't know
46.Are u consortium?
1.Yes
2.No
3. I don't know
47.Do u regularly contact your clients?
1.Yes I do
2.Sometimes
3.No
48.Did u have any dispute over your product last year?
1.No I didn't.
2.Sometimes
3.Yes a lot
49.Do u improve when your complain?
1.Yes I do.
2.Sometimes
3.No.
50.Can your product be sold to other countries?
1.Yes
2 Partly
3
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