Xcasdasdas Project-Proposal
Xcasdasdas Project-Proposal
Xcasdasdas Project-Proposal
08.23.2019
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Project Proposal for New Product
Development to Commercialization
Overview
A product will suit the taste of all ages with saleable price. We offer a non-
existed product that made of Potato with chocolate filling inside. It is a sweet
dessert that you cannot be conscious on your health because there’s a lot of
benefits.
Our project is not a typical product what you can see in the market, we
made this product to know all of you our brownies have a unique taste that you
can’t resist and we can surely assure that our product is clean, delicious and its
safe for everyone. Brownies is will be done through a variety of methods and
different flavors which is flavors: banana, jackfruit, ripe mango, Guava, Melon,
avocado, Strawberry/Berries, and Almonds/peanuts. Benefits of our product is
combinations of fruits which benefits of our health.
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Project Outline
A. Market Research
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The project manager made this project as an inspiration of her
childhood days because those times she wanted to buy a piece of brownies
on vendor but according to Ms. Johanna, her family cannot afford due to
some reasons instead, to buy their basic needs and other necessities. When
she grew up, among of her dream to become a businesswoman by building
her own pastry shop in the future. She also added that in the next chapter of
her goals, she wants to give a free pastry product to the streets children, to
the less fortunate family as a part of her effort to give back to the society.
She got his capitalization from savings of his 6 years of employment
from abroad and debt financing from a close friend business. Fruity Brownies
is a unique idea for pastry business industry. From The raw materials, and the
1st fruit-made brownies that is very competitive among the other brownies
brands.
We predict our first year sales will reach approximately 15,000 and
climb to over 20,000 by the end of the 2 nd year. Despite an initial loss in year
one, we expect to become profitable by year two without endangering our
cash reserves. According to our marketing research, these sales should be
easily attainable by even a start up shop. Our overall financial model is
conservative and it will emphasize long-term quick returns investment.
Vision
To become the leading pastry business in the market while promoting the
highest standard brands and quality assurance to our loyal customers.
Mission
To create natural fruity brownies with a commitment to incorporating the
freshest, richest and creamiest ingredients into a world class quality product.
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Goals & Objectives
Gain a higher market share in first year of business in that particular area.
achieved.
C. Resource Required
We need 5 people to operate our project. Who will do their different job
and specialist of their skills and also who entrust in delicate aspects of the
work to professionals to avoid evitable mistakes. In a bid to impress
customers is be realistic. As a project team have place ourselves under
intense pressure to execute new product in industry because we ensure to
carry out costing properly to avoid the risk of a possible loss . Our project
team Our budget approximately is 30 000 to launch. Our product plus the
equipment and the ingredients will have used.
Work Plan
To accomplish the steps outlined above, the work plan is detailed below.
1. Identify existing entities in the market (or in similar markets) and review
their product offering. This will provide insight into how the new product
will compliment existing product offerings.
2. Identify existing users of similar products, and survey these users for their
impression of the concept of the new product, expected demand, value
(pricing), required features, etc. A questionnaire will be developed for this
purpose. Market data of this nature is essential for defining the product
characteristics, and the marketing plan.
3. Identify component suppliers, and discuss with them the concept, potential
features and benefits, technical and regulatory requirements, cost
estimates of the new product. Move forward with formal product
development based on best option/partner.
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4. Develop the business case based on projected revenues, costs, growth
projections, market size, target segments, etc.
5. Identify and obtain commitment from key potential customers for testing
and test marketing the new product
6. Develop marketing plan, to include promotions, promotional literature,
product information, etc.
7. Test market the product. Modify and refine the product offering as
required for the final marketing launch.
8. Negotiate agreements for sale with targeted customers
Project Cost
Notes:
- Project cost estimate does not include GST, incidental expenses, or
external test costs.
- Fees are based on a daily rate.
- Any incidental expenses over $xx would be discussed for approval in
advance.
- Any significant changes in the project cost, will be discussed with the
client as soon as possible.
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