We have one hour to sell our product, and approximately one hundred students. What are your total sales/revenue projections? Is there high demand for your product(s) based upon your research? How many units do you need to sell to break even? How will you efficiently meet this demand given # of people in target market, amount of selling time available and product quantity? What is the profit margin on your product(s)? Will it yield a profit given your fixed expenses (loan, etc.); # of people in target market; amount of selling time available? Student #1: Micah M. Student #2: Clinton S. Student #3: Joshua W. Student #4: Sheldon G.
Logo or pic related to business Project Manager (Micah M.) Director of Marketing (Joshua W.)
Chief Financial Officer (Clinton S.) Inventory Control Manager (Sheldon G.) Identify the roles each group member will be responsible for executing. STRENGTHS We know the target Market. We have great advertisements
WEAKNESS Others are serving other products.
OPPORTUNITIES 1. We have the opportunity to convince people to purchase products.
THREATS 1. Other groups selling competitive products.
MARKET DAY PRODUCT OFFERINGS List the item(s) your group plans to sell during Market Day:
1. Cookies 2. Brownies
Describe your target market: The target market is located in a predominately African American neighborhood.
Which segment(s) of your market will you target (PEOPLE)? -- We will target mostly 6 th and 7 th graders
How many people are in your target market (PEOPLE)? Were selling to about 303 people.
We can survey the students to see what they like.
We can use our common knowledge of being a kid. PRIMARY SECONDARY List and describe the primary and secondary methods you used to prove that there is a demand for your product(s) within your target market