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TOY ECONOMICS#1

The study of market dynamics affecting the value and demand for collectible toys.

E-COMMERCE#2

Buying and selling goods online, essential for launching an online toy resale business.

MARKET ANALYSIS#3

A comprehensive assessment of market trends, competition, and consumer behavior in the toy industry.

SOURCING STRATEGIES#4

Techniques for finding and acquiring collectible toys from various channels.

DIGITAL MARKETING#5

Promotional strategies using online platforms to reach potential customers.

BUSINESS PLAN#6

A detailed document outlining business goals, strategies, and financial forecasts.

COLLECTIBLE TOYS#8

Toys that are valued by collectors due to rarity, condition, or historical significance.

SUPPLIER RELATIONSHIPS#9

Building connections with vendors to ensure reliable sourcing of products.

PRICING STRATEGIES#10

Methods used to determine the selling price of toys to maximize profit.

USER EXPERIENCE DESIGN#11

Creating an intuitive and engaging online shopping experience for customers.

SOCIAL MEDIA MARKETING#12

Using social platforms to promote products and engage with potential buyers.

FINANCIAL PROJECTIONS#13

Estimates of future revenue and expenses for planning business sustainability.

NEGOTIATION TECHNIQUES#14

Skills to effectively communicate and reach agreements with suppliers.

TOY SAFETY STANDARDS#15

Regulations ensuring that toys are safe for consumer use.

EMAIL MARKETING CAMPAIGNS#16

Targeted email communications to promote products and drive sales.

BUDGETING#17

The process of planning and allocating financial resources for business operations.

KEY PERFORMANCE INDICATORS (KPIs)#18

Metrics used to evaluate the success of marketing strategies and business goals.

INTELLECTUAL PROPERTY#19

Legal rights protecting creations, including toy designs and branding.

CUSTOMER TRUST#20

Building confidence with consumers through transparency and quality service.

MARKETING STRATEGY#21

A plan to reach and engage target audiences effectively.

ONLINE STORE MOCK-UP#22

A visual representation of an e-commerce website layout and design.

CONSUMER BEHAVIOR#23

Understanding how buyers make decisions regarding toy purchases.

ECONOMIC INDICATORS#24

Statistics that provide insights into the overall health of the toy market.

TOY COLLECTING CULTURE#25

The community and practices surrounding the collection of toys.

RETAIL CHANNELS#26

Different avenues through which toys can be sold, including online and brick-and-mortar.