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Meh ˊ _> ˋ Mermug Man Chan. Legal Form of Meh ˊ _> ˋ Pro ● All profit ● Less regulatory controls ● Easy to start Con ● Unlimited liability ● All work.

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Presentation on theme: "Meh ˊ _> ˋ Mermug Man Chan. Legal Form of Meh ˊ _> ˋ Pro ● All profit ● Less regulatory controls ● Easy to start Con ● Unlimited liability ● All work."— Presentation transcript:

1 Meh ˊ _> ˋ Mermug Man Chan

2 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.

3 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

4 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.

5 If you don’t understand...

6 How did I come up with this?

7 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.

8 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

9 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

10 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

11 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.

12 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

13 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

14 Mermug Crimson / Mermug Coral / Mermug Gold

15 Mermug Teal / Mermug Navy / Mermug Indigo

16 Mermug Violet / Get Me Out / Almost Can’t Breath

17 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.

18 Congratulation This is the last slide


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