1. I do not think I was a very successful business owner. I made a improvement with my "profit" but still didn't come close to breaking a profit.
2.To gain intellectual ideas about the business world and to learn that the real world isn't easy for gaining money.
3. The 2 main reasons for not making money is the expenses were greater than the profit and also I missed a promotion here and there.
4. I think I did good in the part of getting good sponsorship deals and saving myself from complete bankruptcy by having good sponsorship.
5.The biggest weakness of running the simulation was the idea of player wages taking a lot of the expenses making it hard to make a profit.
6.I managed yield management pricing by seeing who would come to the games and if not a lot of people would come. If expenses were too high I would lower prices to make them reasonable.
7. I used market research to see what my population can afford for a ticket, what apparel they like, and who is devoted to football.
8. There needs to be good infrastructure in the cities businesses so there is good sponsors for your teams product. More sponsors means more money for the team.
9. If the people in your city aren't devoted to football then tickets wont be sold, no matter the population. It is better to have people that can spend more on a ticket so you can charge them more money.
10. If I was going to one of my games I would get a team jacket because it will last a while and shows your team spirit.
No comments:
Post a Comment