• Methods of Marketing
    Feb 2 2022
    Hopewell Valley Student Podcasting Network Show Name:  All About BusinessEpisode #8:  The Methods of Marketing

    Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We explain why marketing is important, what it is, and how to use it in your business.

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business the Podcast we discuss: what marketing is, why it’s so important, and how to use it in your own business.

    Segment 1: What is marketing?

    In this segment I will be explaining what marketing is and how it works.

    1. Defining Marketing
    2. Methods used in marketing
    3. Marketing to customers and maintaining relationships with customers
    4. Matching products to the right target market
    5. Product, Price, Place, and Promotion are the 4 P’s of marketing. 
    6. Product
    7. Price
    8. Place
    9. Promotion

    Segment 2:  Why is marketing so important?

    In this segment I will be explaining why marketing is so important, and why you need to use it.

    1. Marketing Is An Effective Way of Engaging With Customers
    2. Marketing Helps to Build and Maintain the Company’s Reputation
    3. Marketing Helps To Boost Sales
    4. Marketing Can Help Provide Insights Into Your Business
    5. Marketing Helps Your Business Remain Relevant
    6. Marketing Creates Revenue Options
    7. Marketing Helps The Management Team Make Informed Decisions

    So, let's head onto our final segment.

    Segment 3:  How to use marketing in your own business?

    In this segment I will be discussing how to use marketing in your own business.

    1. First you need to decide what your target market will be. Some factors you may want to consider are:
    2. Where do they live?
    3. Age?
    4. Gender?
    5. Likes and/or dislikes?
    Show More Show Less
    12 mins
  • NFTs and Their Controversy
    Feb 2 2022
    Hopewell Valley Student Podcasting Network Show Name:  All About BusinessEpisode #6:  NFTs

    Tweet to be shared on the network’s twitter handle: Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We give a brief overview about NFTs, what they are, how they work, examples of NFTs, and we will be hearing from a couple guests who will give their opinions on NFTs.

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business  the Podcast we discuss: what NFTs are, how they work, examples of NFTs and we will be hearing from my 2 guests on their opinions about NFTs. 

    Segment 1: What are NFTs and how do they work? 

    In this segment I will be explaining what NFTs are. 

    1. NFTs stand for non-fungible tokens. They are unique non-interchangeable units of data stored on a digital ledger. NFTs can be anything digital but are mostly pieces of digital art that are verifiable assets that can be easily traded on the blockchain.
    2. In simpler terms they are essentially digital trading cards that people can buy and sell. Each NFT is unique, no two NFTs are the same. Most NFTs are part of the Ethereum blockchain, and can be purchased on various websites and marketplaces. 
    3. Usually people buy NFTs with Ethereum, and most NFTs can be extremely expensive, some selling for millions of dollars. But, are they worth it? If you really appreciate artwork and you have the money then go ahead. But, all NFTs can be copied meaning even if you bought it others can take it just by copying the URL itself.
    4. On the other hand, making and selling an NFT is pretty simple. All you need is a digital wallet, a small purchase of Ethereum, and a connection to an NFT marketplace. After that all you have to do is make a piece of digital art and upload it onto a marketplace. Then buyers may come across your art and buy it.
    5. NFTs can quickly balloon and value if they become popular, some have been sold for up to $69.3 million. Speaking of popular NFTs, in our next segment I will be talking about popular NFTs, so lets head onto segment 2.    
    6. OpenSea: https://opensea.io/

    Segment 2:  Popular NFTs

    In this segment I will be listing a few popular NFTs, and explain more about benefits and problems with them.

    The most popular NFTs by sales volume of all time

    1. CryptoPunks: Has a total of 10K items, 3.3k owners, and has a trade volume of 750.3k ethereum. 
    2. Bored Apes Yacht Club: Has a total of 10K items, 5.9k owners, a floor price of 50.69 ethereum, and has a trade volume of 261.0k ethereum.
    3. Decentraland: Has a total of 97.2K items, 6.0k owners, a floor price of 3.494 ethereum, and...
    Show More Show Less
    22 mins
  • Cryptocurrency
    Feb 2 2022
    Hopewell Valley Student Podcasting Network Show Name:  All About BusinessEpisode #5:  Cryptocurrency

    Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We discuss what cryptocurrency is, how it works, and we will be hearing from a guest who has knowledge on the topic.  

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business the Podcast we discuss: what cryptocurrency is, how it works, cryptocurrency you should invest in, and we will be hearing from a guest about his opinion and experience with crypto, so let’s dive right in and head onto our first segment.

    Segment 1: What is Cryptocurrency and how does it work?

    In this segment I will be explaining what cryptocurrency is and how it works.

    • Cryptocurrency is a relatively new type of currency, the main difference between it and traditional currency is its exclusively virtual, meaning there is no physical form of the currency
    • The way it's created is also unique, instead of being created by a central bank or government, cryptocurrency enters circulation through a technological process which involves the participation of volunteers from around the world using their computers.
    • That’s why most cryptocurrencies are described as decentralized, they aren’t controlled by a single entity or nation, it takes entire networks of volunteers from around the world to validate and secure transactions made with cryptocurrency.
    • Some Other Differences Between Crypto and Physical Currencies:
    • Regulation: Because cryptocurrency is fairly new it is largely unregulated compared to physical currencies. Even with a few regulations established they vary depending on jurisdiction.
    • Speed: Cross-border transactions around the world with cryptocurrency can take minutes instead of several business days like physical currency.
    • Cost: Cross-border transactions with crypto can also cost significantly less than physical currency.
    • Supply: Unlike physical currency, crypto has a limit on how many tokens can be released into circulation. When countries have a financial crisis governments and banks can print more money. But with crypto there is a certain limit to how many tokens can be produced. For example, the number of Bitcoin has to reach 21 million in circulation before it stops being released. 
    • Immutable: This means that all crypto transactions are final, once they are added to the ledger it’s virtually impossible to reverse it.
    • If you want get started you can buy crypto on various platforms, here are a few:
    • Coinbase
    Show More Show Less
    23 mins
  • Everything About Ecommerce
    Jan 27 2022
    Hopewell Valley Student Podcasting Network Show Name:  All About BusinessEpisode #7:  Everything About Ecommerce

    Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We explain what ecommerce is, its benefits and risks, and how to get started in it.

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business the Podcast we discuss: what ecommerce is, its benefits and risks, and how to get started in it.

    Segment 1: What is ecommerce?

    In this segment I will be explaining what ecommerce is and give some examples of major ecommerce websites.

    1. Ecommerce is the buying and selling of goods and services over the internet.
    2. It can be conducted on any smart device like phones, tablets, and computers.
    3. You can purchase pretty much anything online.
    4. Online stores like Amazon, Ebay, Etsy, and Fiverr are just a few examples of stores that are purely ecommerce.
    5. Retail stores like Walmart and Target also have websites but are still mainly brick and mortar businesses.
    6. Many ecommerce websites are made up of independent sellers who sell their products through big ecommerce website like Ebay, Amazon, Etsy, and Fiverr or on their own individual websites 

    Segment 2:  Benefits and Risks of E Commerce

    In this segment I will be explaining the benefits and risks of starting your own ecommerce business or online store.

    1. Risks:
    2. Online Security 
    3. System reliability
    4. Privacy Issues
    5. Customer Disputes
    6. Intellectual Property
    7. SEO(Search Engine Optimization)
    8. Taxation
    9. Return of Goods or Warranty
    10. Warehousing and Logistics
    11. Benefits: 
    12. Low Cost
    13. 24/7 Potential Income
    14. International Selling
    15. Easy to showcase best sellers
    16. Affordable employees
    Show More Show Less
    18 mins
  • Dropshipping
    Dec 14 2021
    Hopewell Valley Student Podcasting Network Show Name: All About BusinessEpisode #4: Slipping Into Drop-Shipping

    Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We explain what dropshipping is, how it works, how to get started in it, and we hear from a student guest who has experience in drop-shipping.

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business the Podcast we discuss: what dropshipping is, how it works, the benefits and risks of dropshipping, and we will be hearing from a guest who has had experience in the field of drop shipping.

    Segment 1: What is dropshipping?

    In this segment I will be explaining what dropshipping is and how it works.

    • Dropshipping is an order fulfillment method where a store doesn’t keep the products it sells in stock. Instead it purchases the products from a third party supplier and ships/sells it to customers.
    • A business or store will first receive orders for products from consumers and then will ask the dropshipper to fulfill these orders. The dropshipper will then sell the products to the store who will then ship the products to consumers.  
    • This way businesses don’t have to worry about having products that aren’t selling or having excess stock.
    • Drop Shipper: A drop shipper is a manufacturer or supplier who manages inventory for a retail merchant and ships orders to their customers. Being a drop shipper can bring in high profits for a really low launch cost. It also has low barriers for entry, further increasing the ease of entry into the industry.
    • Drop Shipping is a great way to make money early on and quickly because of how easy it is to get started, but although there are many benefits there are also a few risks involved. Let's hear more about them in the next segment.  

    Segment 2: Benefits and Risks of Dropshipping 

    In this segment I will be talking about the benefits and risks of dropshipping.

    Benefits:

    • It’s easier to startup and launch
    • It’s scalable
    • Does not require a specific location or office
    • It’s flexible
    • Simpler to manage

    Risks/Challenges:

    • Slim profit margins
    • Dropshipping can complicate order processing

    Although dropshipping has both pros and cons, its benefits definitely outweigh its disadvantages. It’s a great way to make money quickly and with ease, while also learning about business and gaining more experience in it. In our next segment we will be hearing...

    Show More Show Less
    16 mins
  • Money Box of Stocks
    Nov 8 2021
    Hopewell Valley Student Podcasting Network Show Name: All About BusinessEpisode Title: Money Box of StocksEpisode #3

    Tweet to be shared on the network’s twitter handle: Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We give a brief overview about stocks, debate about which stocks are better, and let you know what stocks you should invest in.

    You are listening to All About Business, the podcast with your host(s) Prithvi and today’s guest. We will be hearing from them in our 2nd and 3rd segment so stay tuned for that.

    In this episode of All About Business the Podcast we give a brief overview of stocks, debate which types of stocks are better, and let you know what stock to invest in.

    Segment 1: What are stocks?

    In this segment I will give a brief overview on what stocks are, how they work, and where you can start investing.

    1. A stock is a type of investment that represents an ownership share in a company. Investors usually buy stocks in hopes that the price will increase so they can sell and receive a profit. Companies benefit from this because they receive the money from investors that purchase stocks and they can invest this money into their company/business.
    2. Buying and selling stock seems easy at first, until you realize the risks involved.
    3. Fluctuating Prices: Many stocks fluctuate a lot. This means that the price of the stock increases and decreases quickly. This means if you invest a lot in a fluctuating stock there is a high chance you could lose a large portion or even most of your investment. This can be a huge problem for companies if they invest primarily in a few fluctuating stocks. If these stocks lose value these companies could go bankrupt. This is why most companies and people diversify. 
    4. Diversifying: In this case it means that people or companies will invest in multiple different stocks instead of a few stocks. This way in case a couple stocks lose value you have other investments that you can rely on. 
    5. There are many ways to invest in stock, here a couple websites (I will include the links in the show notes):
    6. Fidelity Investments: https://www.fidelity.com/trading/overview
    7. TD Ameritrade: https://www.tdameritrade.com/
    8. Charles Schwab: https://www.schwab.com/open-an-account
    9. Robinhood:
    Show More Show Less
    20 mins
  • The State of Real Estate
    Nov 8 2021
    Hopewell Valley Student Podcasting Network Show Name: All About BusinessEpisode Title: The State of Real EstateEpisode #2

    Tweet to be shared on the network’s twitter handle: Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. We talk about real estate, how it works, and how to invest in it.

    Record during recitation: You are listening to All About Business, the podcast with your host(s) Prithvi and a guest. We will be hearing from him in segment three, so stay till the end if you want to hear his opinions and views on today’s topic.

    Speaking of today's topic, in this episode of All About Business the Podcast we discuss: What is real estate, how it works, and what areas have the potential to grow in value.

    Segment 1: What is real estate?

    For our first segment I will discuss real estate and give a brief overview on the different types and categories of real estate. 

    1. Real estate is property that consists of land that has both man-made buildings and natural resources on it.
    2. A real estate business buys, sells, manages, or invests in real estate properties
    3. There are 5 main types of real estate:
    4. Residential: Refers to any property that is used for housing. This includes family homes, cooperatives, duplexes, and condos. 
    5. Commercial: Refers to any property that is exclusively used for business purposes. This includes apartment complexes, gas stations, grocery stores, hospitals, hotels, offices, parking facilities, restaurants, shopping centers, stores, and theaters.  
    6. Industrial: Refers to all lands that accommodate industrial-sized activities. These activities include manufacturing, production, distribution, storage, and research and development. Some buildings include factories, power plants, and warehouses. 
    7. Raw land: Refers to undeveloped or agricultural land such as farms, ranches, and timberlands. Can be significantly cheaper and requires no property insurance. But it cannot generate income on its own. 
    8. Special use: Property used by the public like cemeteries, government buildings, libraries, parks, places of worship, and schools.  

    Segment 2: How does it work?

    In this segment we will be discussing how to invest in real estate, what risks are associated with it, but also what rewards you could acquire if you invest in real estate.

    1. Basically if you buy a property for lets say $200,000 and you wait for a couple months or years and sell it for $400,000 you make a profit of around $200,000. Why were you able to sell it for $200,000 more? It's because the value of the property increased.
    Show More Show Less
    23 mins
  • Big Industries with Big Money
    Nov 8 2021
    Hopewell Valley Student Podcasting Network Show Name: All About BusinessEpisode Title: Big Industries with Big MoneyEpisode #1

    Tweet to be shared on the network’s twitter handle: Check out the latest episode of #allaboutbusiness the podcast on hvspn.com. I will talk about some of the most important industries and which ones will grow significantly in the future.   

    You are listening to All About Business, the podcast with your host(s) Prithvi.

    In this episode of All About Business the Podcast I discuss: the industries of business, why they are important, and what industries have the potential to grow more in the future.

    Segment 1: Different Industries and Brief Descriptions of Each One.

    For our first segment I will be discussing some of the major business industries and give a brief description on each of them. 

    1. Technology:
    2. Sells electronics like phones, computers, tablets, TV’s, etc.
    3. Software/Programs, examples: excel, word documents, search engine/web browser, OS system, graphics program, pretty much any application you use on your phone, computer, or any other electronic device with applications.
    4. Hardware development of CPUs, motherboards, graphics cards, any physical parts or components of a computer.
    5. Artificial Intelligence: The development of AI or a simulation of human intelligence in a computer.
    6. E-Commerce: Buying and selling of goods or services online, examples Amazon, Ebay, Etsy, Fiverr, and Alibaba. These are just some of the major E-Commerce companies, most businesses like Walmart and Target also have E-Commerce websites.      
    7. Healthcare:
    8. The healthcare industry is made of companies that offer medical services, manufacture drugs, manufacture medical equipment, and offer medical insurance.
    9. The healthcare industry helps diagnose and treat patients, these companies also play a role in nursing and management of illness, disease, and injury.
    10. The healthcare industry is also intertwined with the technology industry because new medical equipment, drugs, and treatments are being developed constantly by Medical Technology companies who specialize in the invention, development, and production of medical technology that I listed earlier.    
    11. Agriculture:
    12. The agricultural industry is the science of cultivating plants, animals, and other sources of food. 
    13. For example, apples, oranges, peaches, corn,...
    Show More Show Less
    16 mins