Let's assume that you're starting a new fishing business (not Cod as they are fished out in New England). Discuss the potential customers for this product/service. Remember you could be doing this anywhere in the world. 2. Based on the nature of the product/service, recommend at least 3 possible social media to use in marketing the product/service. Describe your recommendations and discuss the advantages and disadvantages of each. 3. How would you ensure long-term sustainability in your new endeavor

1. The fishing industry is thriving all around the world, as many people rely on fish for a variety of purposes.

2. The three probable social media to employ in marketing the services or products, depending on the nature of the good or service:

PROS ; This enables you to create more engaging advertising by tracking important performance data of individuals who have shown interest in video ads.

CONS ; It is typically more expensive.

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Explanation:

1. The fishing business is a striving business anywhere in the world as many people depend on fish for its various uses. The potential customers for this product/service include;

 2. Based on the nature of the product/service, the 3 possible social media to use in marketing the product/service:

PROs> This allows for more engaging ads, where you actually track key performance metrics of those who showed interest in video ads.

CONS> It usually comes at a higher cost

PROs> It allows easy feedback

CONs> It doesn't allow key performance metrics to tracked effectively.

3. To ensure long-term sustainability in our new endeavor emphasis would be placed on reducing operating cost structure.

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;