Sunday, March 24, 2013

Thursday, March 14, 2013

TRANSWORLD ACTION SPORTS STOCK INDEX


  • I found this article on Transworld Business; I found it very interesting because I feel like it is important to know what the prices are in the market in order to know what the best supply is for your retail. You can see that it reached 39.5 in the closing of Feburary, which increased from January, breaking a new record! To read more about this you can click on the article yourself, you can find it below the graph.

Graph of Member Stock Prices Monthly


TRANSWORLD ACTION SPORTS STOCK INDEX POSTS ANOTHER RECORD HIGH IN FEBRUARY

Tuesday, March 5, 2013

Blog 19: Senior Project and ESLRs

1.  What ESLR have you excelled in most in your senior project? 

  • The ESLR that I have excelled the most in my senior project would have to be "Effective Learner".

2.  Please explain why you think you have excelled in this ESLR.

  • The reason why I think I have excelled in this ESLR because the only way to gain knowledge on your senior project is for yourself to do research and find interesting facts involving your project. I try to find a lot of resources and look for research involving skateboarding. I do the same thing when it comes down to the business side of it.

3.  Provide evidence from your senior project to support your claim (evidence is a photo of something you are doing, photo of something you made, etc).

  • This is some stuff I gave away in one of my presentation that all came from the skate shop, Covert. I feel like this is good evidence because I did struggle finding a shop for mentorship and I really have learned a lot from it.





Wednesday, February 27, 2013

Blog 18: 2-Hour Meeting Answer #3



1.  What is your essential question?


  • What is the best way to sustain a profitable skateshop?
2.  What is your third answer to your essential question (write your third answer in a complete sentence)?

  • My third answer to my essential question is marketing/marketing plan your skate shop, this well help your business gain profit.

3.  What are three details to support or justify your third answer (details are examples or facts)?
  • By marketing you get the word  out of your shop attracting customers to your shop that may be potential buyers.
  • With marketing you get reputation with your buesiness because it builds brand name reconigiton and is involved with the community.
  • Also your shop will get higer sales due to the fact that you are attracting more customers which is always a good benefit. 

4.  What source helped you prove this answer is justified for your essential question?

  • The source that helped me prove this was an article called "The Importance of Marketing for the Success of a Business", on Houston Chronicle, Kristie Lorette and Demand Media.
5.  What do you plan to study next and why? 
  • What I plan to study next is more marketing strategies and the marketing plan itself. Just ways to attract and gain profit by marketing.

Wednesday, February 20, 2013

Fourth Interview Questions


1) What is the best way to sustain a profitable skate shop?
2) How did you get in the position you are in?
3) Did you have a role model or something that inspired you to manage/own a skate shop and how did so said person do so?
4) What makes you different from other skate shops?
5) How important is location?
6) How do you choose your employees?
7) Are making connections important? If yes why?
8) Is understanding the skateboarding culture important to run a skate shop and why?
9) Do you attend or host any events?
10) Can you describe how your business plan works?
11) How do you attract customers?
12) Customers may say the price is overpriced what is your input on this?
13) What is the biggest demand in your shop?
14) Do your suppliers have a lot of control/power?
15) How much supply do you usually buy from your suppliers?
16) Is social media a good resource in make your shop better?
17) How does sponsoring skateboarders improve your shop?
18) What are the best marketing strategies for a skate shops?
19) How do you manage the money the shop is making?
20) How do you display your merchandise? 
21) From your experience what would you tell someone wanting to open a skate shop?

Wednesday, February 6, 2013

Blog 16: 2-Hour Meeting Answer #2

1. My essential question is, what is the best way to sustain a profitable skate shop?

2. My second answer to my essential question, knowing and understanding how business works. It is baiscally the foundation of your shop and is a key factor.

3. One of details would be how to start your business. How can you gain profit with your own brand? What kind of business are you running?

4. Surces that helped me justify my answer would be entrepreneur.com, my mentor, and an interview with Utility Board Supply I did.

5. I plan to continue my study of answer 2 by doing more reserch and focusing on business related topics, also by checking out more books on business.