Preview

Business Proposal for Flea Market

Powerful Essays
Open Document
Open Document
2200 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Proposal for Flea Market
Introduction
We have conducted a survey and it shows that many UTAR students complained about the usual hot weather they are facing every day. There are more than 2000 students studying in UTAR PJ campus and based on the survey we found out that 73% of the students are hoping that a refreshment corner just specifically serves desserts would be set up for the upcoming flea market on the 27th of April 2013.
To overcome this problem, we have come up with a solution by selling shaved ice in the fund raising flea market. Our shaved ice corner will provide various flavors such as mango, lychee and strawberry.
The core benefit that consumers receive from our shaved ice is a convenient, healthy and economic product to rehydrate. We ensure our materials are free from artificial preservatives and each serving is made only when an order is placed. Consumers will have an enjoyable and cool dine-in experience as our staffs are always ready to serve them.

Statement of the Problem
We encountered several internal and external problems when we have come up with the idea of selling shaved ice. Internally, the costs and expenses are our major problem. Each flavor of shaved ice costs RM5/500g and RM2/200g for each topping, hence the total ingredient costs would be RM750 for an estimated of 300 regular servings and RM30 of toppings. Containers of different sizes, plastic spoons and tissues are our main expenses that would cost at least RM80.
Our next internal problem is to gain access to the equipment that produces shaved ice. Ice shaving machines are tough to be found in the market as only specialize stores have them. We would have to gain permission from the owners to rent one of them so we could successfully produce shaved ice on-the-spot at the flea market.
In addition, our main external concern is the weather on the day of the event. Our ice would melt really fast if the weather hits 32 Celsius and above. We would have to allocate another RM150 for the purchase of dry ice and



References: 1. Caroline, Ng May Ling. (n.d).1) Fluffy Friday : Fluffy Frozen Snow Ice at 100 Yen Shop[web log post]. Retrieved from http://www..carolinemayling.com 2. 100 Yen shop a well recognized global retail brand from Japan. (n.d) .Retrieved from http://www.100yen.com.my 3. TOM STEVENS. (2010, march 12). Shave Ice. Retrieved from http://www.mauinews.com 4. Julia Moskin. (2010, June 15). Putting the Fresh in Refreshment. Retrieved from http://www.nytimes.com 5. Mei Heong Yuen. Images. Retrieved from http://farm3.static.flickr.com/2096/4508702970_b037960a9a.jpg 6. Mei Heong Yuen. Images. Retrieved from http://www.meiheongyuendessert.com.sg/images/dessert/strawberrysnowice.jpg

You May Also Find These Documents Helpful

  • Good Essays

    Since Marble Slam ice cream was that of a premium, might engage in lower quality products…

    • 1413 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Pricing the service and product for a new organization will have an affect of the future of the business. When releasing prices to the public, consumers will compare it to competitors and will either help the organization or make a poor impression on potential consumers. Pricing is one of the most difficult decisions a company can make but also the most important (Scarborough, 2014). In the industry of ice cream delivery, there are no direct competitors to compare pricing. The next available source of pricing would be ice cream stores in the local area and grocery stores. The price to have ice cream delivered will need to competitive and help…

    • 1287 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Ice Fili Case Summary

    • 692 Words
    • 3 Pages

    We will establish ourselves as the only all natural-milk based ice cream product in Russia that is targeting the traditional market. By putting our product in a 1950’s style packaging we will trigger emotions in our consumers of happier times when the economy was good. Our overall budget will still remain less then our competitors at $500,000 since we heavily rely on word of mouth, which has contributed to our success up to now. Our strategy will still target both the traditional and low-cost market by advertising on public television and in lower end stores and social…

    • 692 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The length of the event – this will determine what catering is needed and whether overnight accommodation is needed.…

    • 878 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Polar Pop Research Paper

    • 805 Words
    • 4 Pages

    Fans stop in to enjoy a Polar Pop fountain drink or a frozen Froster because it is the perfect way to cool down at a great value for our loyal store guests.…

    • 805 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    MooBella Case Study

    • 290 Words
    • 2 Pages

    I would expect the cost of buying the machine itself, the supplies for the ice cream the machine dispenses, taxes, maintenance, if I buy multiple machines for different locations and hire people to refill and maintain them then employee wages, and debt if I cannot pay out of…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ice Cream Parlor Survey

    • 372 Words
    • 2 Pages

    The purpose of this report is to break down the findings of the survey done regarding the ice cream parlor and the 400 university students that completed the survey. The survey was based off a gender reports. Some interesting findings from the survey were tallied and placed into percentages. Based on the survey females often go to an ice cream parlor in a given month 2 to 4 times 43% whereas males visit only once 46% in a month. 64% total female and male prefer a drive through versus a sit-down setting. When asked if they preferred sherbet, frozen yogurt, or ice cream they both agreed together with ice cream at 61%. According to the survey having the ice cream prepared in a cup was the top priority coming in at 32% total. When asked what was their favorite condiment, for the female it was flavored syrup coming in at 30% and for the male, it was candy coming in at 44%. Also, according to the survey out of 3 scoops, 2 were typically preferred by both with 52%. Both are willing to pay $1.51-$2.00 for a one-scoop ice cream cone and that was surveyed at 42%. Both are willing to pay $2.26-$3.00 for two-scoop ice cream cone according to the survey with 29%. Also, both genders refused the idea for the all-you-can-eat ice cream shop.…

    • 372 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The main issue at hand is whether the purchasing decision of a soft-serve ice cream machine will prove to be profitable. There are two options for this purchase; new machine with triple-head, used machine single-head. They both their pros and cons:…

    • 721 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Toppits

    • 3080 Words
    • 13 Pages

    torontoExecutive Summary The marketing challenge before Toppits Foods Ltd. is to create a comprehensive marketing strategy to accomplish several corporate objectives, in the coming year, which include increasing profits, maximizing their products’ listing productivity, and promoting awareness of their product while ensuring that customers are repeatedly purchasing the product. The company has before it a couple of important decisions to make for the future of its business. These include considering the possibility of switching product suppliers from Israel to China, begin selling to mass-merchandizing stores like Wal-Mart and the ability to select a new, or alter their current, target market of women aged 25-54. Toppits Foods Ltd. should implement the following recommendations that would assist them in achieving their corporate goals for next year: • Continue to pursue targeting women aged 25-54 and not students or young professionals aged 18-25. • Toppits should not sell to mass-merchandizing companies like Wal-Mart but rather should continue pursuing grocery stores and target more warehouse stores like Costco and Sam’s Club. • Toppits should not change suppliers from Israel to China. • Toppits should research and develop a diverse product base in cubes. After making operational adjustments to maximize returns on their new operations Toppits should implement the following key marketing strategies: • Toppits should increase their wholesale price by 20% to increase their unit contribution and increase profitability. • Toppits should create new recipes using the cubes and have them published in magazines like Chatelaine and Canadian Home and Living. • Displays to be attached to freezers should be created that will advertise competitive advantages to consumers of cubes versus competition. • Toppits should implement a 2-phase coupon strategy that will not only introduce consumers to products but will encourage the purchase of several different varieties of the cubes…

    • 3080 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Ice Fili

    • 1731 Words
    • 6 Pages

    Ice Fili have a strong position in the market but their relative differentiation and cost position left them ‘stuck in the middle’ with respect to some regional and multinational firms. It is clear from the financial statements that the years following the crisis of ‘98 took their toll as we see a steady decrease in sales. Ice cream consumption in Russia continues to grow by an average of 3.5% over past two years (2001-2002) indicating a steady market. However, in order to remain competitive in an increasingly competitive market it may now be the time to reassess the current business model and plan strategic direction for the future.…

    • 1731 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Compadres Swot Analysis

    • 891 Words
    • 4 Pages

    After your substantial meal and if not too full, you may want to try their delicious Fried Ice Cream for $5.99. A dessert made from a breaded scoop of vanilla ice cream that is quickly deep-fried creating a crispy shell around the cold ice cream. They offer other different desserts but this one seems to be the most popular.…

    • 891 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    You are thinking of opening a deluxe fruit smoothie shop in Sydney. To do so requires importing highly specialised equipment from Europe. The equipment costs $200,000 and could be re-sold used for $50,000. The shipping costs $100,000 (one way). There are no other fixed costs. It will last for 2 years.…

    • 892 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Cold Stone Essay

    • 893 Words
    • 4 Pages

    Cold Stone Creamery has been a very popular ice cream spot since 1988. Locations have have popped up all over the globe since then. Many enjoy their premium ice cream as well as the ability to customize it with countless ingredients to make their own personal creation, or simply chose from one of the suggested creations. Although the company has been successful in the past, it still faces many threats.…

    • 893 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Delights Business Plan

    • 1009 Words
    • 5 Pages

    Not being able to determine their own location in Florida is one risk, but a larger risk is the unknown condition of Florida as a whole. None of the three men have really gone down to Florida to determine the feasibility of the venture. Other than Mr. Rogers going down there and looking at comparable cafés and ice cream shops, nobody has really investigated the market. There is no real analysis of competition or if the Florida demographic includes ICEDELIGHTS target market. There is also the issue of Florida being a mall-based retail economy, and nobody is certain if ICEDELIGHTS will be successful in that…

    • 1009 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Supply & Demand

    • 345 Words
    • 2 Pages

    Being a consumer’s preference is crucial to continued success. The market for menu offerings can change based on what’s in season, what’s popular and how a restaurant advertise and promote their goods. For example, promoting a “tasty” bar-b-que chicken sandwich during the summer would persuade customers to try the new menu item, which would increase the demand curve.…

    • 345 Words
    • 2 Pages
    Satisfactory Essays

Related Topics