Kahooit!

Goal Make as much money as you can within 30 days. You will have complete control over almost every part of your business: oInventory/Purchasing supplies oPricing oQuality Control Unfortunately, the weather will play a big part when customers are deciding whether or not to buy your product.

Purchasing Supplies Buy additional supplies

Other factors which will make or break your business is the price you charge. Customers are more apt to pay higher prices when the product (your lemonade) is more in demand - When the weather is hotter. As the temperature drops, and the weather turns bad (overcast, cloudy, rain), don't expect them to pay nearly what they would on a hot, hazy day. Pricing for the Weather

Price Per Cup

Quality Control Are you creating a quality product?

Customer Satisfaction Will Customers like your Product? –Maintain quality control. Word of Mouth –Customers will soon spread the word to friends. Sell a good product for a good price, and you'll build business over time. Don’t overcharge for inferior products.

Customer Satisfaction You'll see some customers tell you what they think by the bubbles over their heads. If customers are enjoying their product, others are more likely to buy. If customers are expressing their dissatisfaction, other customers are more likely to take their business elsewhere.

Customer Satisfaction Popularity

Assignment – Google Spreadsheet Record sales information for one month (30 days) Add column to capture # of cups sold

Assignment – Google Presentation Title Slide –Creative name of project or business –Student name –Picture

Slide 2 –Explain how you decided how much and what to buy to get your lemonade stand operating. Slide 3 –Explain how you determined the "right mix" and how long it took you to discover which mix of lemons, sugar and ice cubes was right for you. –What was your secret mix?

Slide 4 –Explain how you determined the price and whether or not the weather played a part in how you set the price. Slide 5 –Conclusion with a graph showing the price and number of cups sold during the 30 days. –Explain the peaks and valleys in the graph.

Additional Slides to address: –What would they do differently? –How did the buyers affect the price they charged? –How did your pricing affect the numbers of buyers? Use charts & graphs

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