REBRANDING OF HONEYWORLD With the emerging modern trends in packaging food and food products in Ghana and the outside business world, it has become exigent to rebrand HONEYWORLD. Also, with the need to reach the international standards of packaging and with the intension to provide our customers with an appealing packaging, JA24 FOODS has decided with your unfailing partnership to rebrand. Research has shown that products with very appealing and quality packaging materials sells than the unappealing ones. People also do impulse buying largely due to the appealing nature of the packaging.
EXPANSION OF JA24 FOODS Having operated on a small scale over the past 5 months with inadequate machinery and equipment for production, it has become necessary to expand JA24 FOODS to the a medium food production facility so as to meet the capacity to produce as much as 400,000 plus per anum from the current 500 pieces production as is required in the rebranding. With an asset base of about GHc 2,000.00, we are projecting to increase this to GHc 10,000.00 plus at a rate of 500% with your joint partnership. This not only go a long way to enhance the production but also increase the market base tremendously. It is our goal for the business year 2014 to make readily HONEYWORLD available to customers in retail and wholesale quantities. It is in this same vain that we intend to distribute HONEYWORLD to recognised pharmacies, malls, marts, shell shops and Melcome outlets and various wholesale point of sale terminals.
THE PROJECT IN RETROSPECT
PROPOSED SOLUTION
What Will Be Done The honey will be packaged in totapacks in volumes of 30ml and 200ml Packaging in special customised bottles Using a 2 faced labels on the bottles Using a customised protective seal on bottles Procuring an electrical sealing machine for sealing the totapacks
EXPECTATIONS TO BE MET A crispy Extremely appealing Very handy And convenient to use packaging should be expected
COST OF PROJECT COST OF PACKAGING IN TOTAPACK ITEM NO. OF PIECES VOLUME OF CONTENT (ml) AMOUNT Rolls of totapack 300,000 30 USD 1,400.00 Rolls of totapack 200,000 200 USD 1,400.00 Sealing machine 1 _- GHc 800.00 TOTAL USD 2,800 +GHc 800
COST OF PACKAGING 1000 BOTTLES
ITEM NO. OF PIECES VOLUME OF CONTENT (ml) AMOUNT PET(Plastic) bottles 1000 500ml GHc 500.00 2 faced label 1000 _ GHc 250.00 Protective seal mould _ _ USD 350.00 Customised protective seal 1000+ _ USD 7.00 Customised cartons 1000 _ GHc 2000.00 TOTAL USD 7 + GHc 3000
HOW IS THIS PROJECTS WILL BE UNDERTAKEN Sealing machine will be used to package the honey in 30ml and 200ml totapack Bottling will be done using a filler Sealing, capping and labelling will be done manually by the production team
MARKETING Marketing will be in 4 three folds HONEYWORLD will be made available to the following shops and school 1. Basic schools ( spread with honey project) School pupils in basics schools will be encourages to spread bread and also use it as sugar substitute. Various schools on the Accra Metropolitan Assembly will be visited during their assembly time, breakfast break and during sports activities.
2. Points Of Sale Malls Marts Recognise pharmacy Melcome shops
Wholesale points of sale terminal
3. Restaurants and Hotels This will done to lobby for restaurants and hotels to include HONEYWORLD in their breakfast meals for customers / clients that may want to substitute honey for sugar and spread bread with honey.
4. Special Programs Exhibitions Church programs etc
A team of 2 3 persons will be involved in handling categories 1 and 4 2 & 3 will be done by 2 persons
REDUCING LOSSES (RISK MANAGEMENT)
Honey does not expire so you guaranteed your money and interest Itll be made affordable as much as possible so that it could sell quickly (further details in pricing info session) Due to the increasing adulteration of honey, customers when they repose confidence in brand will want to stick to it and thus it will quickly sell. And HONEYWORLD is a 100% pure unadulterated honey.
Sensitization of customer and the general public on various platform on the importance of using pure honey. It is important to note that there are people out there who are aware honey is good but dont know how to use it.
Advertisement will be placed on radio stations within Tema and Accra to sensitise the public on the need to use honey and to sell the product. There is a high level of prospects in adverts thus increasing sales
KEY MILESTONES
Shareholders and investers meeting April 2014 Designing and production of rolls of totapacks Mid April Procurement of packaging materials for 500ml bottle Mid April Production May
Pricing Information 30ml totapack
Proposed pricing of 30ml 20p 30p Cost of production / cost of packaging material USD 1, 400 Sealing machine GHc 750.00 Cost of raw material GHc 10,000 Projected amount after sale of 200,000 pieces GHc 40, 000+ Estimated profit GHc 27,000
200ml totapack
Proposed pricing of 30ml GHc 5.00 Cost of production / cost of packaging material USD 1, 400 Cost of raw material GHc 120,000 Projected amount after sale of 200,000 pieces GHc 200, 000 Estimated profit GHc 80,000
1000 pieces of 500ml bottle
Proposed pricing of 1 bottle GHc 15.00 Cost of packaging material + Cost of raw material GHc 12,000 Projected amount after sale GHc 15, 000 Estimated profit GHc 3,000