OverviewIn this assignment, you will learn about effective business pitches by analyzing the business and economic aspects of the business pitches that are delivered in an episode of Shark Tank.InstructionsWatch an episode of Shark TankLinks to an external site.. (43 min.)Analyze the business and economic aspects of the business pitches that are delivered in the episode by answering each question for 3 businesses presented on Shark Tank:What was the name of the business?What was good or bad about the pitch?Do you feel this company will succeed? Why or why not?How could they enhance their pitch and business?Do you feel their presentation (dress, visuals, logo, packaging, personality) affected the pitch? Why? How can presentation and business plan affect successful investors (Sharks)?What does the product or service sell for?What is the cost to make it?What is the profit margin?Did this pitch get an investor (Shark), and who did they partner with?What are they planning on doing with the money the sharks give them (i.e., marketing, hiring, inventory, capacity planning, business analytics)? How will the Sharks get their money back? How long will it take?

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Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Overview

In this assignment, you will learn about effective business pitches by analyzing the business and economic aspects of the business pitches that are delivered in an episode of Shark Tank.

Instructions

Watch an episode of Shark TankLinks to an external site.. (43 min.)
Analyze the business and economic aspects of the business pitches that are delivered in the episode by answering each question for 3 businesses presented on Shark Tank:

What was the name of the business?
What was good or bad about the pitch?
Do you feel this company will succeed? Why or why not?
How could they enhance their pitch and business?
Do you feel their presentation (dress, visuals, logo, packaging, personality) affected the pitch? Why? How can presentation and business plan affect successful investors (Sharks)?
What does the product or service sell for?
What is the cost to make it?
What is the profit margin?
Did this pitch get an investor (Shark), and who did they partner with?
What are they planning on doing with the money the sharks give them (i.e., marketing, hiring, inventory, capacity planning, business analytics)?
How will the Sharks get their money back? How long will it take?

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