7,557 views
19 votes
19 votes
What advice would you offer to entrepreneurs on a limited advertising budget?

Buy the biggest magazine ad you can, even if it means you can only run it once.

Run smaller, less visible ads more frequently in the best medium for your target audience.

Focus on television advertising.

Focus on radio advertising.

User Sakshi Gatyan
by
2.6k points

1 Answer

16 votes
16 votes

Answer:

Run smaller, less visible ads more frequently in the best medium for your target audience.

Step-by-step explanation:

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are five (5) characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-confident: he or she is bold and believes in his or her abilities to excel.

5. Well-rounded leader: it involves being compassionate, fun, organized and intelligent as a successful entrepreneur.

Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.

Basically, the advice I would offer to entrepreneurs on a limited advertising budget is to run smaller, less visible adverts (ads) more frequently in the best medium for their target audience because they wouldn't have to pay more to put their goods out there.

User Xordon
by
3.1k points