1. My experience during the winter market was a total nightmare.
1a) To start off, I did numerous things that affected my experience. Firstly, my order got delayed and my procrastination; due to procrastinating, my order was coming on Dec 5; however, it got delayed to Dec 7! What’s worst I started at Dec 8 due to homework. On the days of the sale, I failed to make all of my products; In addition, it was poorly made. Thus, I lost confidence in my product, making me anti-social.
1b) Secondly, I am working with my self; so the outcome of my business is solely my responsibility. In addition, in my opinion it’s hard to work with your self, because of responsibility. In this case, the role of responsibility heavily affected my business outcome; inevitably leading me to get no profit.
1c) Thirdly, the actions I did is solely due to procrastination. Every single event happened due to procrastination; for example, I ordered by stuff too late; causing me to get inadequate quantities. In addition, I carried on my bad habit till now.
1d) Lastly, even though I had some downs, I had some ups. On Tuesday I had inadequate quantities so I only asked for pre-order. Sadly, my keychains had zero demand, so I gained nothing that day. On Wednesday I bloated my keychains to give a 3d look, and sold it for half the original price. Sadly, I only gained $2.25 that day. On Thursday I made bundles which contained candies and keychains; I manage to sell a bunch of them on Thursday and Friday, but sadly I didn’t break even.
2a) I apply very few academic concepts become apparent during this experience. Firstly, I applied my Marketing skills; I surveyed many people about my future product; however, I wasn’t that specific on my questions, causing me to get false responses.
2b) There are some academic concepts I utilized to reach the goal I were trying to accomplish. Firstly, I applied my Marketing skills; I understood my product is not going to sell due to the customers feedback; so I changed my product throughout the marketing days; I changed my product a total of 2 times.
2c) Yes, I changed my approach after new information and experiences were presented to me. After the first day of the sale; I wasn’t getting any sales. So I decided to lower my price and made it have a 3d look, but that didn’t sell that much. So I decided to make bundles which contained candy and my keychains; Luckily, that sold.
2d) Yes, my experience differ from my initial expectations. I assumed my product is going to sell, but it didn’t.
3a) I learn many things during my sale. Firstly, to not procrastinate; the core reason why my business failed is due to procrastinating; on the order, on finishing my product, etc. Also, I procrastinated my written portion. Secondly, to put effort into my work; the survey I did poorly, impacted my finished product MASSIVELY. The questions were half missing, leading me to get inadequate results. Those are the the two main reasons that led me to my downfall.
3b) I learned the hard way; I was given no attention, no sales, no nothing. I wondered why, I was given this judgement. I thought back when it started, and when it happened; I concluded it was due to my procrastinating and effort.
3c) It matters so much if I want to be successful in many areas. Inevitably, procrastination and effort will impact my life heavily. For instance, my grades; If I do all of my homework last minute, inevitably the work will be done poorly or unfinished. In addition, If I don’t put any effort into my work, it will be come out crappy. In conclusion, it matters.
3d) I should not procrastinate nor put very little effort.