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Published byBlaise Heath Modified over 9 years ago
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Meh ˊ _> ˋ Mermug Man Chan
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Legal Form of Meh ˊ _> ˋ Pro ● All profit ● Less regulatory controls ● Easy to start Con ● Unlimited liability ● All work Meh ˊ _> ˋ is sole proprietorship.
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Mission Statement Meh ˊ _> ˋ ’s missions is to bring convenience to your life, so here you go. Not working? Return for refund. That easy Meh ˊ _> ˋ ’s goal is ●Reach 20,000 units in sales or ●Reach $100,000 in sales Goal
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What is Mermug? Mermug is a cup that made drinking liquid possible while you are on bed. There is a hole at the bottom of the cup which allows specially designed straw to be plugged in.
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If you don’t understand...
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How did I come up with this?
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Competition The cup industry has perfect competition. There are a large number of consumers and sellers which means mermug’s competitors are Every cups you see in store.
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Barriers to Entry: ● Advertising o Rely heavily on ad due to high competition ● Inelastic Demand o Durability ● We need ads, we do ads ● Sets o Lids, add-ons, all those kind of things
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Dig Further About Mermug All ・ the ・ Sudden ●Normal o Cup Size Height: 10 cm Diameter: 7 cm o Handle Size Height: 8 cm Wide: 3 cm Thick: 1.5 cm Small o Cup Size Height: 8 cm Diameter: 6 cm o Handle Size Height: 6 cm Wide: 2.5 cm Thick: 1.5 cm
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Normal $3.50 to produce Sell for $13.99 Wholesale for $8.00 Profit: $10.49 / $4.5 Small $3.00 to produce Sell for $11.99 Wholesale for $6.50 Profit: $9.99 / $4.50 Dig Further About Mermug All ・ the ・ Sudden
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Problems with Mermug Mermug is preferably used on flat wooden bed headboard under 3.5 cm in thick. Meh ˊ _> ˋ does not guarantee mermug will fit on beadboards beyond 3.5 cm in thick.
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Finance the Big Deal QAQ $150,000 in exchange of 25% ● $90,000 for facilities ● $40,000 for inventory Intermediate-term Financing cover the rest if needed
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Advertisement and Promotion Target Audience ● Students o Social Media o Game ● Adult o Newspaper o Magazines Every mermug has its own code. Collect seven (any color) and redeem a limited edition item on mehandmermug.com
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Mermug Crimson / Mermug Coral / Mermug Gold
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Mermug Teal / Mermug Navy / Mermug Indigo
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Mermug Violet / Get Me Out / Almost Can’t Breath
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How Will Meh ˊ _> ˋ Run? Meh ˊ _> ˋ will be runned as online store, but Meh ˊ _> ˋ also wants to get into retail stores. Meh ˊ _> ˋ will continue develop and improve mermug. In fact, Meh ˊ _> ˋ is designing mermug II which allows users to use mermug as mini snack storage.
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Congratulation This is the last slide
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