https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection Discuss with your partner or with a shoulder partner and then write your responses below. Explain at least TWO ways to help your business be more profitable. en-us 2017-03-30 12:03:10 UTC 2017-03-30 13:26:03 UTC hello@padlet.com https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163689867 We can make our prices in the middle and make stuff that people like. We can make more things that people would like and add to what we are already selling. If someone is selling the same thing as we are and people are going to them because of low prices then we would make our prices lower for people to come to us. This is called competition. You can promote your items by giving out stuff for free or half price off. You advertise your business to get the word out like in the news and make commercials.]]> 2017-03-30 13:10:36 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163689867 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163689956 Not to high price but not to low prices just right because if the price is to high then no one will buy but if your price is to low then everyone will buy but you wont make your profit .Get more customers you can make things the people want we will ask people with our survey and see what kind of things they want .  Products will  be sold to everyone  so we will make products for everyone . ]]> 2017-03-30 13:10:50 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163689956 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690292 . we could lower the prices which brings up the profit because if your prices are high then nobody is going to buy our product.
. we could make a good slogan for our business plan so that people would know what our product is.
.  our poster boards would tell you the plans and prices four our business so you can be prepared for the entrepreneur fair and how much money you should bring.
.  our customers are 6th 7th and 8th graders and also kids and grownups in the afternoon because you could sell more of your product.

]]> 2017-03-30 13:11:48 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690292 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690311 Make the prices not too high but not too low either. If you have a high price no one will want to buy it but don't have it too low or you won't get much money. Have a business plan so you can have more customers & more profits can be made. Know how much money you are going to spend on your product. And to know how much your product is. Don't have your product supplies be more than your profits.]]> 2017-03-30 13:11:50 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690311 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690490 i have a high and low price based on how big or little what i'm selling is.say if i'm selling something little its not going to be the same price as something big or no bodys going to buy.you also need to know about what you are selling...]]> 2017-03-30 13:12:21 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690490 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690507 We would make the price of the product reasonable because the consumers wont buy if the price is too high or too low, but will buy if reasonable. We would also advertise the product because the customers would not know about the product and on the advertisement  they would learn more about it, so they would want to buy it.]]> 2017-03-30 13:12:23 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690507 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690634 Having promotions (first 20 people get half off while others have to pay full price) and putting many advertisments out in the community.Having products that are quality and that we can explain why they are high quality. ]]> 2017-03-30 13:12:46 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690634 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690675 Make the products open to any age and sex... female/ male  so that more people will buy from u which means more money.

Don't have a high price or a verylow price that way if you have the right price that people would buy it .]]> 2017-03-30 13:12:52 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690675 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690709 Make prices not to high and not to low because if it is to high then they won't buy it, but if its to low you wont make a lot of money so you want it at just the right price. Another thing is to make a lot of variety of items so that more people will be interested in that product and you will make more money. One more is to get good advertisement like posters and commercials and make sure everything is spelled right because if you will look more professional so more people will want to buy your product because they will trust you more than the other businesses.]]> 2017-03-30 13:12:57 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690709 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690917 Make the prices reasonable for the object I am selling but not too high or too low, also putting some advertisements . We need lower prices to get people to buy the product and if a lot of people buy the product at a low price then we would get ore money.]]> 2017-03-30 13:13:32 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163690917 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691045         One way we can make our business to be more profitable is we can make our prices higher than what we spent to make the product. But not to high. because we don't want to lose money we want to gain money.
        The second way we can make our business to be more profitable is we can have a variety of products so the customers have more choices. If the customer doesn't like one product they can get the other one if they would like.
        You can also make advertisements so people can make see what you are selling and how much it would be.
       

]]> 2017-03-30 13:13:51 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691045 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691070 you can put competitive prices don`t put high prices and don`t put to low prices.Also you need to know what to say to the customers and not  just going by making things up as you go]]> 2017-03-30 13:13:56 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691070 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691251 Have a competitive price with others.Don't have to high of a price or to low of a price so that you will more customers.

Also make your product for anyone (boys,girls,man,woman,little kids etc.)If you just have a product for just one gender or age then you won't make that much money]]> 2017-03-30 13:14:29 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691251 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691273 We can make the price range/profit in the middle. Make it not to high but not to low. It depends on your product how high or how low it could be but it has to have a good profit for the product and make the goods for all genders. Dont have such a high price to were you loose coustumers.]]> 2017-03-30 13:14:33 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691273 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691331 make the prices lower  but not to low because  you wont get as much money










]]> 2017-03-30 13:14:45 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163691331 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163693067 i have a low and high price and i will make some stuff low prices and some stuff have high prices because if they all have low prices than i wont be able to make a lot of money ]]> 2017-03-30 13:19:56 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163693067 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163693207 we could lower the price for example 20% off this will increase profits because people like to buy things that are on sale

we could also make our product for all genders so we make more money than with just on gender and the profits will increase.]]> 2017-03-30 13:20:15 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163693207 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163694069
dont high price everything, make items everyone would buy]]> 2017-03-30 13:22:26 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163694069 https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163694494 another way is ]]> 2017-03-30 13:23:33 UTC https://padlet.com/jamie_hoofnagle/Entrepreneur2ndReflection/wish/163694494