Entrepreneurship For Kids - Naomi's Customers

Naomi's mom helps her understand who her customers are for her lemonade stand. They discuss the importance of knowing and satisfying customers to ensure business success. The video concludes with a tip on keeping customers happy and a preview of the next video about identifying competition.

Who does Naomi decide to sell her lemonade to?

• People in the city center

• People in the nearby park

• People in her apartment complex

• People in her school

What is a customer according to Naomi's mom?

• Someone who provides raw materials

• Someone who gives feedback

• Someone who pays for products or services

• Someone who helps in marketing

Why is it important to learn about your customers?

• To avoid them

• To understand their needs and serve them better

• To increase product prices

• To make friends with them

What is the benefit of keeping customers happy?

• They will promote your business for free

• They will provide free resources

• They will keep buying your products or services

• They will become your business partners

What will be discussed in the next video?

• How to set up a lemonade stand

• How Naomi figures out her competition

• How to find new customers

• How to make lemonade