Apologies for the lack of blogging in the last 2 weeks. Things have been rather hectic in the Illustration department however I like to think I am now back on track!
So two weeks ago we completed our third NESTA worksheets. The workshop was about the marketing mix and the 7P’s of marketing which can help ensure your product or service is in alignment with your company’s business and marketing plans.
The 7P’s are:
01 Product
02 Place
03 Price
04 Promotion
05 People
06 Process
07 Physical Environment
Here is my completed worksheet.
The second worksheet was about critical marketing tasks and aimed to help us plan and guide the activities we may carry out in our business. I found this one quite challenging as I found it hard to think of the tasks I may need to carry out and how much they would cost but I did my best.
Last was our final week of NESTA workshops which focused on finance, not a very exciting subject but one we will be faced with none the less! We were given a worksheet with a number of questions to answer. Here are my answers up to halfway through.
All these questions were quite difficult to answer because obviously at this stage it’s hard to know exact numbers and costs. However it did give me wake up call as this is all information that we will absolutely need to know or else my businesses will not be successful.
The final worksheet was a Kickstarter Pitch sheet. Kickstarter is an online American company and is the world’s largest funding platform for creative projects. It is an incredible service which allows new businesses to pitch their ideas on the website and get funding from the public. Sadly it is not yet available in the UK but they are apparently looking into starting a UK site which would be great!
And that’s it for NESTA! It’s helped me immensely to realised all the different aspects to starting up my own business but also to realise that it IS possible and that it’s something I’d really like to do. Expect more to come on how I’m getting on with my proposal and Frydays development over the next month!