Uploaded by Al Anoud

515EA89F-9C2B-469C-885B-8B71CA7D76C0

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Economics
Exploring
mars using
advanced
technology
Done by: Al Anoud Al Nuaimi
12G
Our project basically includes all experimental applications
needed to explore Mars using technology and without
actual contact or the need for astronauts. This project
aims to protect Astronauts and fix all issues NASA has
related to Mars exploration and space. This gives us in the
end the goal to reach Mars and make Mars a place we
can live there safely and happily by offering the life
essentials such as air, food, and water. This can be done
through Solar energy and advanced technology to study
mars' atmosphere and the existence of water. In our
project, we will be using our laptop and our programmed
app to detect information that the Solar robot and the
satellite made by our hands using electrical and technical
knowledge to detect information and data needed
related to the study of Mars and complete the
achievement of the UAE probe mission. We used some
resources to search about the atmosphere of space and
mars and we concluded that there is the possibility of
building a successful life.
Our project that is used to explore Mars is a project to
enhance the competitiveness of the space industry sector
regionally and globally, and it will be successful in space
science and technology.
An attractive environment for the space sector will be
developed, and the space investment engine and supporting
entities will be developed through the creation of a space
investment catalyst and platform. In addition to forming an
investment group in emerging space companies.
And there is a set of goals to be global pioneers in various
economic and social fields. Thus, we will achieve many goals
and visions, including:
Continue to develop the role of the space industry in
expanding the economy.
Enhancing the space industry's contribution to diversifying
the economy.
Develop effective methods to attract space companies and
increase investment in the space industry.
The price of the product will be 500 dirhams,
due to the time and effort spent during the
work. This includes accurately offsetting all
costs, including overheads, cost of materials,
and labor hours to produce it.
And we were committed and made sure that
the product matches what the customer can
pay, and draw the trademark for it, as we were
keen on the extent of the demand for the
product and the possibility of reaching the
customer.
We chose this distinctive product that already meets a customer's
need; To ensure good sales behind it, we focused on choosing good
raw materials for products to start documenting a good reputation
for our product when selling it to the public.
The quality of the product is one of the most important criteria for
the success of any commercial activity, and it is easy to go to
customers for any company or competitor to us.
As for our competitors for the type of product or service that we
worked with, we were able to compete with them because we
presented our customers with the product in a distinctive and new
way, so that we attracted their attention and created a new need
for this product so that they flock to own it immediately.
Here, we tried to understand the psychology of buyers to determine an appropriate
price for our product. We used tactics to attract buyers during marketing periods.
For example, when a buyer sees an advertisement for “sales”, this develops in him a
desire to check the product, so we must then make our customers and buyers trust
the product and the extent to which it is free from defects and has more advantages
than other specialized products for the space and the outside world and the extent
to which it works properly It is clear in its ease and use to live on Mars, its
effectiveness, and what distinguishes it from other products in the world of space.
We also put different prices on certain occasions and seasons, so the
individual numbers in the price tag can collect more sales, so instead of
the unattractive number 500, we put and announce its price as 499.
Although there is no significant change in the price, it will attract more
spectators and buyers.
when we choose special social media
promotions, search engine
promotions, influencer marketing, or
affiliate marketing; We increase costs
and losses to market and advertise
the product.
We designed the ad campaign content and paid for this ad campaign
with an appropriate budget. The design was professional and helped a
great deal in the success of its sale. And after launching the
advertising campaign, we focused on monitoring, tracking, and making
the required changes to the advertising campaign, and it succeeded.
This step was the key to our success.
We have targeted a specific category and obtained several followers.
We have also achieved a certain number of requests and increased
interaction on social media platforms such as Facebook, Instagram,
Twitter, YouTube, and Google Plus. Advertising through these sites
depends on building social groups that care about the brand. By
addressing the target audience by sharing advertising content that
generates interest in the product; such as illustrated information,
videos, blogs, and e-books.
The advertisement was marketed through search engines, which are:
Free type: The free SEO type, which led to an increase in the visibility of the site
on which our product was advertised on the search engine results pages (SERPs),
as it relied on search engines, in addition to continuously producing high-quality
content, and taking links from other sites, while adhering to the guidelines set by
It is stated by the search engines regarding this field, this type of advertising
method for our product was successful and effective, as we find most
companies send us and communicate with us about the product and how to
order, while the paid type: we have made a text advertisement that appears at
the top of the search results page located on the right side If the Google
browser is used in the Arabic language, and we paid money in exchange for
clicking on the advertisement on the search results page on the site, we also did
marketing via email called email marketing, and its principle of work depends on
sending mailings, or advertising contents to the emails of the target audience
From advertising, and they are the preferred audience morally and
professionally, as they got acquainted with our product from advertising sites.
We have relied on borrowing knowingly, in
the right amount, and at the right time,
which led to achieving benefits for the
project and making profits. Raw materials
and advertisements cost a lot, so we relied
on borrowing to finance this project, due to
the high sales and revenues. We will have a
good income and when the profits are
stable, we will be able to pay the obligations
incurred. We have revenues and we will
withhold large amounts of profits, which
reduces our dependence on third-party
funds as a source of financing.
We have made a lot of efforts to overcome the challenges and difficulties that we faced to
continue with our project, and we did not find financing and assistance from any concerned
party or companies, and the difficulty of taking a loan from banks and their lack of approval
at the beginning, and the lack of clarity of our project idea and the lack of sources of
information related to the project we have, especially Funding sources. Also, our lack of
experience in the work of the project made it difficult for us to continue with it, and we took
steps back, but we passed that and took our first steps forward again. The other challenge
is our lack of detailed and accurate information about competing projects, and we also
suffered from the lack of support that we faced in the local or international markets and the
delay in implementing decisions. We also faced difficulty in obtaining qualified, trained, and
honest workers, and we also saw the strongly competitive market environment, where there
are companies with great financial capabilities, management experience, and effective
marketing methods. As for the continuous change in policies, procedures, and requirements
set by governmental and non-governmental agencies, it constituted a major obstacle for us.
We also encountered high fees for many service agencies and their failure to take into
account the conditions of citizens' projects, such as municipal fees, electricity, water,
specifications, quality, and advertisements. Also among the challenges is the absence of
strong marketing and promotional campaigns for small and medium enterprises, even among
citizens themselves.
Recommendations for the success of small
and medium enterprises:
A radical change in the complex terms of
banks in financing projects
Implementing the “one-stop-shop”
mechanism to complete all project-related
matters
Assisting entrepreneurs in searching for
markets inside and outside the country
Providing places to display products at
very low fees due to the high costs
Organizing training courses and
educational and educational materials in
the field of marketing
Putting the decision to allocate 10% of
government purchases to small projects
into effect
There are more important things than money and coming up with a good idea for starting a business, and there is no better person to
seek advice on how to launch a startup than successful entrepreneurs. The importance of having a team with smarter people than you
can help you expand your business and transform the company. A variety of data should be collected from people with diverse
backgrounds and perspectives that will help you look at problems from a new perspective. Do not stop marketing and spend at least
several hours a week promoting your project, because if you stop advertising and marketing you will lose many customers and then have
to spend several hours a day presenting offers to get at least 4 new customers.
Marketing and advertising are important because building relationships can take weeks or even months before customers start buying a
product. It would be wise for business owners to solicit feedback and constructive criticism from their customers, for example, ask early
customers, friends, or family members to test your product or service, and see if they have any repeated feedback. It could mean there
is a way to improve. your offer before it hits the market.
Do not give up, success is not easy. An individual may face several obstacles during the early days of establishing a project or product
knowing that he has spent a lot of his own money on this project, and he had no other choice but to continue striving. And challenge and
engage in battle, struggle hard, and be keen to achieve success.
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