Life Lessons in Value with Guest Blogger, Desirée Grace
My 11-year-old wants to earn money this summer. Preferably by babysitting. Since I want to encourage my budding businesswoman, we started by discussing our Target Market and the 4 Ps of Marketing: • Target Market: 4 neighbors with 3+ little kids who could likely use help • Product: My daughter’s services (we’ll refer to her as E) as a babysitter or Mother’s helper. • Place: Within walking distance of our home. • Promotion: We made a flier detailing her qualifications: o Completion of a babysitting course at the local community center o Straight A student o Safety Patrol during her 5th grade year o First-degree black belt o Completion of all Red Cross swimming courses o Good with kids and animals o Cute picture of my kid dressed appropriately and smiling—underlining the responsible and friendly aspects of her personality o We also rehearsed “the approach” aka introducing yourself, smiling, looking adults in the eye, and extending a hand for ...