Monday, October 29, 2018

Shark Tank C1.2

Hello C1.2

For this week's project you will be pitching a new product to hungry investors. Most importantly, your product may be imaginary. You MUST be creative if you want to win!

Steps

1. Find a partner or partners. Work in groups of 2 or 3. If you don't have a partner come talk to me!!!
2. Think of a product (good, service, non-profit group) that you could market to the members of the class. 
3. For your presentation:

  • Dress the part if possible. Look professional!
  • Your presenation should address the following questions
    1. What is your company called?
    2. What is your product called?
    3. What is your slogan?
    4. Your names. 
    5. A plan of the product/service. What does it do?
    6. Business philosophy/purpose? 
      1. Example: McDonalds - "To provide the fast food customer food prepared in the same high-quality manner world-wide that is tasty, reasonably-priced & delivered consistently in a low-key décor and friendly atmosphere." 
    7. How much does it cost to manufacture this product?
    8. How much would you sell your prodcut for? Would people pay this price?
    9. Who are your target consumers?
      1. Age?
      2. Gender?
      3. Income level?
      4. Region? Country?
    10. Who is your competition? Why are you better than them?
    11. Why should we invest in your company?

Good luck! Come to me with any questions. 


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