Journal 4

  1. They get in trouble with the law because of the decisions they make. They could make a decision that could cause a problem with trademarking and copyright, which would then lead to lawsuits that wouldn’t end in their favor. Making products almost will always have problems regarding the law because of all of the trademarking and copyright stuff, making things a lot harder to create when trying to be an entrepreneur.
  2. Psychology is used in marketing in a very important way. It’s used in a way that’s supposed to get the attention of your audience so that you can sell your product. The way that you use your wording when trying to promote your product can either greatly help or greatly reduce the chances of getting your product to sell. If people are also unsure about your product, your words matter in a way that’ll change their mind.
  3. Telemarketing heavily sways my decisions for the sole reason of me not liking to be on the phone to talk, I’m much more of a texting person. Stealth marketing sways me from my decisions because it just feels like a hassle to see a product that’s real get advertised in a movie or show. Social media marketing also sways me because it feels like they just try to base it on my online searches and it feels like they’re breaking my privacy with it. Mobile marketing also keeps me away from it because it keeps sending me ads and constantly making my phone vibrate for things that don’t interest me, which really bothers me because I like to make sure my phone has something important that I’m trying to respond to.
  4. I can pitch my ideas better probably by making sure that I’m ready to speak before I give my pitch, so that I have a clear idea of what I’m saying instead of pausing and saying “um” a lot. I should also try to set up a paper so that I know what I’m talking about instead of trying to wing it on something I’m trying to pitch to a potential seller. I could also try to practice my speeches to my friends so that I won’t feel nervous when giving the pitch.
  5. My weaknesses for pitching somewhat outweigh my strengths because I’m not very strong at giving pitches or speeches in general. I get nervous and start to stutter, as well as say um and pause a lot. When I’m giving my pitch, I also tend to look at people more than keeping my attention ahead so that I can focus. I feel that a strength of mine probably is that I’m able to speak in a tone that allows people to hear me, even though I’m nervous I can still speak loud enough for them to hear me.