- Get together in your Business Groups. Work with your business partners to:
- complete the Costing a Tee Challenge
- work on the Chapter 6 worksheets:
- Section 6.1 Doing Market Research
- Section 6.2 Industry and Market Analysis
- Market Analysis – Value Chain Research (pg 73)
- Market Analysis – Test Prep (pg 77)
- Write up a rough draft summary of your business plan:
- Business Name & Business Logo
- Slogan for your business
- Problem Statement
- what problem is your business trying to solve or what need are you fulfilling
- Unique Selling Proposition?
- What makes your company different?
- Market Analysis
- Who are your major competitors?
- If not from you, from who would your customers buy?
- Is there demand for your product?
- results from your primary research
- what are you selling exactly
- PURCHASE PLAN
- FROM WHERE WILL YOU PURCHASE YOUR PRODUCT
- WHEN WILL YOU PURCHASE YOUR PRODUCT
- HOW MUCH WILL YOU PURCHASE
- Selling Price of each
- include explanation of how you arrived at selling prices
- Sales Forecast
- how many of each product are you planning on selling and at what price
- Customer Analysis
- describe your target market
- Survey Questions
- Survey Results
- summarize your survey results
- Secondary Research
- ADVERTISING PLAN:
- how are you going to promote your business
- CREATE A SOCIAL MEDIA POST
- DESIGN A PROMOTIONAL FLYER
- DEVELOP A COMMERCIAL
- SALES PLAN
- WHERE WILL YOU SELL YOUR PRODUCT
- WHEN WILL YOU SELL YOUR PRODUCT
- GET APPROVAL TO SELL FROM Mr. Andrew Sharos, Assistant Principal
- sample email available at:
- tinyurl.com/212email
- Team Member Roles
- describe each team member's responsibilities
Thursday, March 21, 2019
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