2.  I decided to market a product that would be for girls, because many of the girls I know always carry money and they don’t hold back when it comes to spending it.  I also have many more friends that are girls so it would be easier to sell to girls than boys.

3.  Since I decided to sell to girls I had to come up with a girly product.  My cousin taught me how to make bows a long time ago and they don’t cost a lot to make so I figured it would easy to market it.

4.  I am not a very creative person at all which made it very hard to come up with a name for my product so I went with the simplest name I could think of.  I decided to name Bella’s Bows.  My sister Isabelle really likes the bows I make and I thought it’d be a catchy name since there are 2 B’s in the title.

5.  Making bows is very simple, all I need is: › Fabric › Hair clips › Hot glue gun › Glue sticks

6.  Fabric: Cost varies from $1.00-$3.00 per yard depending on the type  Hair clips: Cost is $1.50 for six individual clips  I already had a hot glue gun and a package of 100 glue sticks so all I needed to pay for was the fabric and hair clips.

7.  I was clue less on how much to buy, so I went around in all my classes and asked girls if they would buy bows, and showed them a picture of one that I found on the internet that is really similar to mine.  Pretty much all said yes, so I bought about $10.00 worth of fabric and $6.00 worth of hair clips.

8.  Generally the fabric cost about $1.50 and I would buy about 1/3 of a yard. Off each 1/3 of a yard I could make 7 bows, which would be about $5.50 dollar profit.  Since the clips were about 25 cents a bow, I just figured to price them at $1.00 per bow.

9.  To make sure the price was just right, I went in my classes again and asked the girls if they would buy one for a $1.00 and all of them said yes.  I also wanted girls to think the price was fair, and I still needed to make a profit and it was just right.

10.  I decided I wanted my little business to be a Sole Proprietorship.  I was being a greedy person and I knew I could make a lot of bows in a short amount of time and I didn’t need another person to help me.  I also didn’t want to share any of the profits, considering it was my idea and I didn’t want to have to raise my price for the product.

11.  When I started making and marketing the product I found out that another girl was selling bows.  We were the only 2 people selling bows. The were both the same idea they were just different types.  The market I was in was a Oligopoly, because there were only 2 sellers but the products weren't identical.

12.  Since there was another girl that started selling bows a few days before I did I looked at her prices and talked to some people about how they like her product.  A friend that bough one of her bows said she paid $2.00 for one and It fell apart within a few days.  Hearing this I decided to put a lot of quality into my product ant to price it lower to make it more appealing to consumers.

13.  I spent about 3-4 minutes on every bow.  I didn’t make them each one by one. I got all the fabric cut it up into 7 sections, the I folded each one, then glued, then attach the clips.  It was very similar to an assembly line for one person, but it got the job done really fast because I wouldn’t just sit around and do nothing while the glue was drying. By the time I finished the glue for the 7 th bow the 1 st bow would be ready for the next step.

14.  Just like most teenagers I have social networks like Instagram, so I decided to use it to my advantage.  With having 400+ followers I figured a few of them would be interested.  I posted a picture and asked people to comment if interested and a lot of them did.

15.  All the bows were different so when girls would order them I would pick something specific about that bow that I know would make me remember.  Them I would write the girls name down along with the specific bow.  After so many orders it felt like the list would never end.

16.  After selling bows I decided to stop because so many people were ordering it took up all of my time.  I counted all of the bows ordered and it was a total of 75 bows.  About 5-10 girls would tell me day after day that they didn’t have their money, so I figured I just sell them to other girls that had the money on the spot. This prevented me from loosing money and helped me sell quicker.

17.  In total for fabric and hair clips I spent $34.50.  I sold 75 bows which comes out to $75 and in total I made $40.50 profit.  I think I did very well for selling these bows and making all of my money back plus doubled.  I would do it again, but not for a while.