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Published byLucinda Walsh Modified over 9 years ago
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A sweet treat for your face SugarScrub
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Our Partnership We are a team of five young ladies, who equally share and contribute to the business. The product was inspired by one of our members, and we’ve worked together to make this product accessible to young teens and women everywhere.
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Our Partnership Anna DePaepe - Chief Technology Officer Chloe Hennessy - Chief Marketing Officer Oksana Leontyuk - Chief Operating Officer Rebeca Leusca - Chief Executive Officer Alia Malik - Chief Financial Officer
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Market Analysis Monopolistic Competition We will be entering in a competitive market. There are many products that are in the market for facial scrubs. What’s unique about our product is that we have only 3 all natural and organic ingredients, while other products contain many ingredients, harmful chemicals and mystery ingredients.
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Competition Our entering this particular market structure, presents us with a lot of competition. We will be competing against dominant acne treatment industries such as Proactiv and Neutrogena
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Financing We are looking for $50,000 to start our business for a 10% stake in our company. We plan to make a profit of $200,000 this year. We would use the $50,000 to expand our business by opening up a manufacturing warehouse where we can produce our product. We would also put money towards getting advertisements in the newspaper, on television and in magazines.
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Future Plans With the opening of a manufacturing warehouse, we will begin hiring laborers to manage production Our goal is to expand and eventually sell our product at New Seasons and other retailers We plan to introduce more organic skincare products if/when our business starts to slow down Some of our profits will go towards hiring social media market promoters
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Marketing Facebook Twitter - https://twitter.com/sugarscrubgirlshttps://twitter.com/sugarscrubgirls Instagram ADs in magazine and radio http://sugarscrubgirls.blogspot.com/
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Marketing Some of our profit will go towards hiring ○Well known young women who are popular on social media that will post about our product ○Experienced people to help manufacture our product ○People with a broad network and lot’s of connections
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Operation ○Since we will be producing our product online, we will manufacture it at a warehouse. ○We will be hiring experienced workers to produce and package it to be shipped to our clients. ○We will be buying our products in bulk from affordable vendors. ○Each month, there will be an inventory of our product, ingredients, shipping, and how well the workers are doing.
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Product Our product is a facial scrub that will help women and teenagers who struggle with acne.
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Product It is made with all natural ingredients: ○Sugar- good for gently exfoliating your skin and removes dead skin that can clog pores. ○Olive Oil- neutralizes the drying effects of the lemon and moisturizes your skin. ○Lemon- antibacterial, rich in vitamin C and citric acid. Brightens and lightens skin.
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