Mainstream Market for Products produced by Micro Entrepreneurs and means to sell in Larger Market Place - PowerPoint PPT Presentation

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Mainstream Market for Products produced by Micro Entrepreneurs and means to sell in Larger Market Place

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Title: Mainstream Market for Products produced by Micro Entrepreneurs and means to sell in Larger Market Place


1
Mainstream Market for Products produced by Micro
Entrepreneurs and means to sell in Larger Market
Place
2
Entrepreneurship Promotion
  • Definition of An entrepreneur
  • An entrepreneur is essentially a person who is
    not only self-employed but generates employment
    and income for others through a combination of
    efforts requiring zeal and capability to
    transform physical, financial, natural and human
    resources for production possibilities to extract
    the business potential within any situation.

3
Entrepreneurship Promotion
  • Entrepreneurs should be able to produce
    innovative goods and services to suit to the
    market demand as well as earn a profit. Besides
    the above qualities, women entrepreneurs need to
    have additional quality in terms of determination
    and tenacity and additional skills in terms to
    access to ICT to cope with adverse situations,
    which seem to confront the female entrepreneurs
    more than their male counterparts in a given
    situation.

4
Promotion of Womens Entrepreneurship
  • It is a means to alleviate womens unemployment
    and poverty and also stimulate economic growth.
  • Womens entrepreneurship promotion aims at
    eliminating gender specific barriers which limits
    womens capacity to up businesses. These include
    inadequate access to information, business
    networks as well as the traditional attitude
    towards the gender role.

5
Entrepreneurship Promotion Objectives
  • To contribute to the elaboration of strategies
    and policies supporting women in using their
    entrepreneurial potential.
  • To raise awareness among regional decision-makers
    concerning the importance of promoting womens
    entrepreneurship.
  • To develop tools such as financing, incubators
    and seminars for encouraging potential women
    entrepreneurs.

6
Entrepreneurship Promotion Objectives
  • To set up regional networks supporting womens
    entrepreneurship.
  • To develop training and education that
    contributes to creating an entrepreneurship
    culture for women.
  • To contribute in the capacity building and
    training of entrepreneur regarding ICT.

7
Mainstreaming of Products of Micro-Entrepreneurs
in the Global Market
8
  • 1- The importance of Finding out information
    about customers and potential customer.
  • A product can never be sold without having
    customers to buy it .

9
  • So you have to ?
  • Know your customers
  • And the consumer Buying Behavior.
  • There are 4 factors
  • Cultural
  • Social
  • Personal
  • Psychological

10
  • 2- How to price you product?
  • Factors affecting pricing
  • Market Demand
  • Competitors
  • You have to do market study

11
  • 3 - Development of Product.
  • Quality control.

12
  • 4 Marketing tools
  • Brochures
  • E-Catalogue

13
  • 5 - Branding.

14
  • 6 - Fairs and Exhibitors
  • Local
  • Regional
  • International

15
  • 7 - Applications of ICT
  • Website
  • E Catalogues.

16
  • 8 - Networking
  • Through organizations

17
E-commerce and Women Entrepreneurship Promotion
  • E-commerce Definition
  • Any use of information and communications
    technology by a business that helps to improve
    its interactions with customers or suppliers.
  • The definition encompasses both domestic and
    international business. SMEs may find beneficial
    ways to use e-commerce to enhance relationships
    with their domestic customers and suppliers as
    well as internationally.

18
Potential Gains from e-Commerce
  • Find new customers and partners and suppliers
    domestically and internationally
  • Serve current and new customers better, hence
    offering more value to them
  • Improve the efficiency of their business
    processes
  • Offer entirely new services and products even
    start entirely new businesses.

19
Marketing
  • Marketing is always an obstacle facing women
    entrepreneurship. ICT is crucial for marketing of
    products.

20
ICT Benefit For Women Owners Of SMEs
  • E-commerce may offer them comparatively more
    advantages to find new customers and suppliers
    especially in markets they have not easily been
    able to reach before either internationally or
    regionally.
  • Access to Information
  • The most valuable application is information
    accessing to facilitate their business and
    generating and disseminating information about
    it. Women entrepreneurs globally have said that
    access to information, especially market
    information, is their first priority in
    accelerating the growth of their businesses.

21
Role of Business Organizations in Mainstreaming
of Gender in The Global Market
22
  • NGOs contribute to the empowerment of women and
    development of human resources of
    micro-entrepreneurs through
  • Training.
  • Capacity Building.
  • Technical Assistance and Support Services.
  • Advocacy.
  • Project Development.
  • Networking.

23
Training
  • Women outside the formal schooling system and
    already in the workforce need access to
    technology training to retrain and upgrade skills
    as well as to acquire new ones. Such improvement
    requires interventions at all levels of
    education.

24
Capacity Building
  • Empowerment of women in the context of knowledge
    societies is understood as building the ability
    and skills of women to gain insight of actions
    and issues in the external environment which
    influence them, and to build their capacity to
    get involved and voice their concerns in these
    external processes, and make informed decisions
    regarding their business and promoting of their
    productions.

25
Capacity Building
  • It entails building up of capacities of women to
    overcome social and institutional barriers, and
    strengthening their participation in the economic
    and political processes for an overall
    improvement in their quality of lives.

26
Technical Assistance and Support services
  • Human resource development for system support To
    ensure the presence of girls and women among the
    technologically trained, campaigns could be
    developed to attract and retain women
    professionals.

27
Advocacy
  • Strengthening institutional capacity to integrate
    gender considerations in policies and programs
    and supporting women's equitable access to
    training is required to ensure that women's needs
    and concerns more effectively addressed.

28
Project Development
  • Effective partnerships with NGOs to include a
    range of project development, implementation and
    delivery systems can contribute to the
    effectiveness and range of marketing the products
    of micro-entrepreneurs.
  • Many innovative activities and models for
    marketing are being developed by NGOs which
    contribute to improved consultation, human
    resource development, and incorporating gender
    equality considerations.
  • Programs will have to be designed and put in
    place that ensures women's access to the
    technologies that can empower them in many
    aspects of their lives.

29
Networking
  • Networking is crucial to have access to the
    global market.
  • Affiliation to regional and international women
    organizations.

30
Conclusion
  • Access to the global market
  • Information and communication technologies have
    enormous potential to link remote communities to
    global markets.

31
Recommendations
  • Database Establishment of a Databank for Business
    women, experts, industries, products, etc.
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