Business chairty event report (repaired)

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FOUNDATION IN NATURAL AND BUILT ENVIRONMENTS

INTRODUCTION TO BUSINESS (BUS30104)

CHARITY DRIVE EVENT REPORT

MANIYO

Group Members:

1. Canisius Bong Wei Pheng (0318914)

2. Lum Si Chu (0319502)

3. Alan Koo Ka Lok (0318757)

4. Kan Sook San (0319326)

Contents

a. Executive Summary

b. Objectives

c. Target Market

d. Competition Analysis

e. Product and Packaging

f. Pricing Strategy

g. Marketing and Promotion

h. Sponsors

i. Distribution and Saes

j. Green Measures

k. Human Resource Planning

l. Evaluation of Results & Conclusion

m. References

n. Appendix

Executive Summary

Executive Summary

"Maniyo" is a non-profit charity drive booth formed by four students. The aim of this charity

drive booth is to raise funds for a charity organization. The business took place over a

duration of 5 days from 19th January 2015 to 23th January 2015. It is located outside Student

Life Centre in Taylor's University Lakeside Campus. The charity drive event is the final

assignment of "Introduction to Business" in the "Foundation in Natural and Built

Environment" course. All the profit earned will be donated to the charity organization,

"Rumah Kanak-Kanak Impian".

Group members:

Canisius Bong ( Group Leader) Lum Si Chu ( Accountant )

Alan Koo ( Sales Executive ) Kan Sook San ( Product Manager)

Products sold by "Maniyo":

Fishball Muffin Hotdog Drinks

The capital of business was sponsored by three cooperate entities that led to the success of the

charity drive business. They are Infra Segi Sdn Bhd, Inspiration Recourses Sdn Bhd and

Victoria's Bakery Shop. The total amount of money raised through sponsorship is RM2400.

Some group members also donated RM50 as the sponsorship of the business. The main

customers are students, lecturers and staff because the business is located in the university. A

total profit of RM 4170 including sponsorship was made during the charity drive business

operation. All the profit earned was donated to Rumah Kanak- Kanak Impian.

Objectives

Charity Organization

For our charity organization, our group decided to give a helping hand to “Rumah Kanak-

kanak Impian” which is located at No. 2, Jalan SS25/21, Taman Mayang, 47301 Petaling

Jaya under the Society of St. Vincent. This is a home for underprivileged the children from

age four to twenty. This organization was chosen because our objective is to empower the

poor through education as the monthly operating needs are about RM15,000 which includes

school going expenses and tuition.

Target

The target that we are trying to achieve is RM 2,500 to provide some needs for the

organization. We expected to get at least a sum amount of RM1,000 by selling our products

such as Fish balls, beverages, muffins and also through donation.

Target Market

Our targeted costumers were basically everybody in our targeted places which include

Taylor’s University Lakeside Campus, Taylor’s College Subang Jaya and Sunway

University College. Our costumers were mostly students from all three different

University and also lecturers, staff and visitors.

The costumers came from all sorts of background and group. For instance mid to high

income families, Malays, Chinese, Indians and International students came over to

buy our products and donated some money for charity. Most of them like to buy

beverages and fish balls from us due to the hot weather and some prefer to have light

snack to keep their stomach filled.

On the other hand, there were also staffs in the office and lecturers bought our

products. They were willing to spend extra buck to try out our products and even pre-

ordered them. In the same way, University students and visitors were also willing to

spend more on our product to keep them alert. However, the non-academic staffs were

less slightly to spend on our products compared to the office staffs.

After knowing most of the students willing to spend more on beverages and light

snack, we went to target students by approaching them outside the lecture theatres,

computer labs, commercial block and lounge. Furthermore, we also went up to office

areas and library in all University to promote and sell our products.

Competition Analysis

After a market survey through observation and sample interviews, our main

competitors are “Tiffin” and “Sawadeekap” at food court in Taylor’s University

Lakeside Campus. “Tiffin” is mainly selling dessert, drinks, salad and fried noodles.

“Sawadeekap” sells nasi lemak and a variety of fried food such as hotdog, fish fillet

and fried tofu.

Tiffin

Sawadeekap

The strength of both competitors is they are established at Taylor’s University

Lakeside Campus for at least 2 years. They have patronized many students and

lecturers. Moreover, their weakness is the price selling is slightly expensive. For

example, a cup of artificial fruit juice costs RM4 and a hotdog costs RM3.50. Other

than that, another weakness of the competitors is their marketing strategies are not

strong enough. They do not promote and advertise their products through social media

or other mediums.

Even though their products are slightly pricey, the customers will continue buy food

from them because they are familiar to the shops. In addition, their service is effective

and the employees are quite friendly towards the customers.

After all the analysis, we have decided to sell fishball, muffin, hotdog and drinks as

we are confident that we are able to defeat the competitors. We are selling the

products with good quality at a cheaper price.

Product and Packaging

1. Fishball

Description:

The fishballs were bought from "Makanan Hasil Laut Megah Sdn Bhd" in Batu Caves,

Selangor. They are known for their delicious and cheap products. The size of the

fishball is approximately 1.5cm diameter. It is quite famous among the students as a

snack.

Features and Benefits:

The fishballs are "halal" so it is suitable for everyone except vegetarian. The fishballs

are juicy and bouncy that the customers will buy it again. More important, the

fishballs are served warm and its' nutritional value is able to be preserved.

Packaging:

Four fishballs are skewered with a "satay" stick. The amount of rubbish can be

reduced as the stick does not occupy space. By holding the stick, the customers will

be able to protect their hand from high heat of fishballs. They also will not be able to

dirty their hand.

2. Muffin

Description:

The muffins were sponsored by Victoria Bakery Shop in Cheras. There are two

flavours that are vanilla with raisin and chocolate. These two flavours are most

common flavour that everyone will accept it.

Features and Benefits:

The muffins are not too sweet and no preservative in it.

Packaging:

The muffins are baked into the cupcake liners. Therefore, it is hygienic. The

customers will not dirty their hand.

3. Hotdog

Description:

The hotdog were bought from "Makanan Hasil Laut Megah Sdn Bhd" in Batu Caves,

Selangor. The hotdog is in bite size.

Features and Benefits:

The hotdogs are chicken flavours. It is "halal" and is suitable for everyone except

vegetarian. It is the flavour that most of the people familiar with it. The hotdogs are

served warm.

Packaging:

Two hotdogs are skewered with a "satay" stick. The amount of rubbish can be

reduced as the stick does not occupy space. By holding the stick, the customers will

be able to protect their hand from high heat of hotdog. They also will not be able to

dirty their hand.

4. Drinks

Description:

There are two types of drinks: Orange with Nata de Coco and Ribena soda. The

colourful drinks are attractive.

Features and Benefits:

The drinks are served with ice. It is refreshing and cooling especially in the hot

weather. The prices of the drinks are cheap and affordable.

Packaging:

The drink is served in a transparent plastic cup with a cover and a straw. The

transparent cup shows the contents clearly to the customers. The covers can avoid the

flies and dust going into the drinks. The straw is convenient for the customer for

consume the drinks.

Video link:

Pricing Strategy

The prices of our products were planned to set two to three times higher from the original

cost price to make more profit from it. We make our price reasonable for costumers and we

were confident our products can attract people as well. Hence, by setting our price high, we

could achieve our sales target within a period provided.

1. Products cost prices:

Muffins ( Sponsored )

Fish ball ( RM1.00 per unit )

Sausage ( RM 1.00 per unit )

Beverages ( RM0.80 per unit )

2. Product selling prices:

Muffins ( RM5.00 per unit )

Fish ball ( RM3.00 per unit )

Sausage ( RM3.00 per unit )

Beverages ( RM2.00 per unit )

3. Strategies

Make deal with costumers if they buy our products, give them some discount.

Location of stall in front of Student Life Centre with mostly people walking by.

Ventured to other campuses include Taylor’s College and Sunway University.

Split into group of two and wander around the campus to sell our products.

Always show a smiley face and be polite by asking “Excuse me” or “Please”

whenever approaching people.

Marketing and Promotion

We have our own slogan to promote our food: “Your contribution can help a solution”

Marketing skills we used to promote our products:

1. Creative Colourful Poster

We created a poster digitally with few samples of our food and drink products. We listed the

prices and provide the customers with our products’ information in order to let them buy

what they need and what they want. The poster was created in colourful and attractive way so

that it can attract customers’ attention and allow them to know more about our products.

2. Direct Selling

We set up a booth for selling our products in front of the Student Life Centre in Taylor’s

Lakeside University. This allows us to approach students and lecturers more easily. Hence, it

was a very effective way to sell our products as we can convince the customers in person and

sell our products directly to them. In direct selling, we were able to let the customers

understand more about our products and most importantly ask questions about our products.

When they ask question about our products, we can provide them the knowledge of our

products so that they can buy safely and willingly. Besides just selling our products at the

booth, we also walked around in the campus to seek for more customers. This increases the

chances for us to introduce our products to the students and lecturers.

3. Try and Buy

We also gave out free samples of our product such as fish ball for the customers to let them

taste and know the quality of our products. When they were satisfied with our product , they

will definitely buy it. It was one of the effective way to sell our food even though we may

lose some profits.

Other Strategies includes:

1. Instagram

2. Sponsorship Letters

3. Facebook Page

4. Whatsapp

5. Phone calls

Sponsors

Based on our sponsorship were sponsored by private company from Infra Segi SdnBhd and

Inspiration Resources SdnBhd and the others were from donation. First and foremost, we did

a list out some of the targeted company, society and people for raising the donation.

Basically, our group was aiming for all types of company due to the donation are all giving

out to the orphanage. Besides that, we approached suppliers to get some product from them

for our charity drive. We did present our strategies to the suppliers about advertising their

company our name around to people out there.

Through this charity drive we managed to receive a total of RM 2450 cash and products from

the following company and people :

1. Infra Segi SdnBhd - RM1000 (cash)

2. Victoria’s Bakery Shop - 220 muffin cupcakes it worth RM 1100

3. Inspiration Resources - RM 300 (cash)

4. Lum Si Chu – RM50 (cash)

Furthermore, our group agreed to use some of the donation to purchase some products forour

charity drive event. We had chosen fish ball, sausage, soft drink and the muffin from the

sponsor as our product for the charity drive. To hit our target RM2500, all of our group

members were doing their best during the charity to sell out as many products as we can. At

the same time, we also promoted and shouted out the company and bakery that sponsored us

to make our charity drive event successful.

Distribution and Sales

We collected our fresh uncooked products (fish ball) from the suppliers early each

morning and cook them ourselves at our home. The freshly cooked products were

then brought to Taylor’s Lakeside University by one of our members’ car. As our

booth has already set up on the first day, we directly arranged our products neatly on

the table to be sold .We only bought a few packages of products (fish ball) everyday

to ensure the products are fresh and sold within the day. This is to maintain the quality

of our food. We also need to replenish our food as the products were expected to be

completely sold off within the day. We also confirmed a specific amount of our

products to be sold each day to reach our targeted profits at the end of the day.

Due to lesser students on Thursday and Friday, we estimated lower profits on those

days. Hence we would bring lesser amount of products to sell on those days in order

to avoid excess food unsold. Whenever there were lesser students around the booth,

we would try to carry our products around the campus or other university and sell

them off to the students in the campus as it was more convenient for them as well. As

our products were selling off very well, no attempt on clearance sales discounts were

necessary.

Green Measures

1. Ban Littering

We set up a rubbish bin at the side of our stall and requested all of our members to throw

their rubbish into the bin instead of throwing them on floors. This is to keep the hygiene of

our place clean and maintain our food quality.

2. Reduce use of plastic bags

As we were selling fish ball as our main product, we prepared sticks for the customers so that

they can eat conveniently instead of using plastic bag. Unless the customers requested, only

then we would provide them plastic bags.

3. Reduce waste

When there were excess food unsold, we will preferably eat them ourselves or gave them out

for free to the workers in the campus. This can prevent waste of food but most of the time our

foods were completely sold out, so it seldom happens.

4. Recycling

Recycle bins were also set up by our stall. This can help to collect any recyclable waste or

materials such as bottles and plastic cups. We distributed the recycle bins in different labels

so that people can recycle according to the labels and reduce the waste of paper. All the

recycled products will be sent to the main recycle stop at the campus at the end of each day.

Human Resource Planning

In human resources planning, we elected a group leader to distribute us the work and our

roles. We had discussed about our objectives and what should we do so that we can have a

target to achieve in mind. Researches and brainstorming had been done to plan on what we

sell and what we should do to get our products sold. As a result, we came out with sort of

plans.

We set up a financial plan to ensure that we could achieve the targeted goal of earning

minimum gross profit RM 2500 within five days. It was a tough achievement but we were

determined that we could achieved our goal. With only one small ordinary stall and four staff,

we distributed the work smartly so that everyone can carry their role perfectly and get the

work done. Besides, whenever there were problems present on one of our members, we will

help him out even though its overlapping our works.

Organisational Structure

With the distribution of work throughout the members, we can do our work more efficiently.

Canisius Bong, our group leader carries the roles of being promoter and marketing staff by

Group Leader

(Canisius Bong Wei Pheng)

Sales Executive

Promotion and Marketing

Canisius Bong

Receptionist

Alan Koo

Product Manager

Kan Sook San

Finance

Accountant

Lum Si Chu

promoting our products directly to costumer by convincing them to buy our products using

marketing skills such as posters displaying posters or direct selling. Alan Koo Ka Lok, our

receptionist was in charge of promoting our products to costumer and collecting money at our

booth. On the other hand, Lum Si Chu was responsible for the accounts of our business. He

was the accountant and financial planner of our group. He has to do the financial report and

administer our daily works of financial records such as cash receipts,outstanding and

receivable. He was also responsible in carrying and protecting the cash that we earned.

Nevertheless, our product manager, Kan Sook San was responsible for our food and drink

production. She ensured that we have enough amount of products to sell on booth every

single day. She checked the product stocks availability and helped to restock our products.

As a team, we managed to accomplish our goals by helping each other and get everything

prepared.

Evaluation of Results & Conclusions

From the products to sell, find sponsorship and donation, achieve the profits set,

donate the fund to the charity organization, we have achieved the aim and objectives

listed for the charity drive event of "Introduction to Business". The tasks were

distributed evenly to each group member based on their strengths and weaknesses.

For example, Lum Si Chu had learned about accounting so he was in charge of the

financial results and accounting of the business. As a result, the plans were carried out

smoothly and effectively. Every group member was being responsible to their tasks

given.

Firstly, we had listed a few companies that has sufficient financial support. Then, we

started to approach the companies for the sponsorships through email, letter and face-

to-face meeting. It is difficult to get sponsorship as we got many rejections from the

companies. This is the toughest challenge of the assignment. Finally, we got the

sponsorship from generous companies after numerous rejections.

Another important aspects is the cooperation of every group member. We set up the

booth and prepared the food every morning until the evening. During the charity drive

event, we had submission of other subjects. We have to manage our time well and

balance between two different subjects.

Furthermore, when we were selling the products directly to the customer, sometimes

we got ignore and negative responds from customers. We accepted the comments

with sincere heart. With the comments given, we improve our products immediately

to satisfy customers' needs. For example, the drinks sold were less sweet or too sweet,

we improved it according to the customers' taste. The customers' feedback are very

important for the business as it able to boost our sales.

In conclusion, we can say that the objectives listed were achieved during the tutorial

in class and charity drive event. We went through all the tough challenges without

giving up. We managed to achieve the targeted profit and donation for the charity

organization "Rumah Kanak-kanak Impian". We had visited the "Rumah Kanak-

kanak Impian" to donate the fund to them. We felt happy that we were able to help

them and contribute the society. We were satisfied with the results as all the hard

works paid off. Moreover, we had learned a lot from this charity drive event such as

event planning, marketing strategies, task distribution and public communication. We

knew how to adapt into different situation. The lessons we had learnt are helpful and

useful in the future.

Video link:

https://www.youtube.com/watch?v=brVjMofIjvY&feature=youtu.be

The Financial Result

Product Fish ball

(per stick)

Cupcakes Sausage

(per stick)

Soft drinks

(L)

Soft drinks

(M)

O.Price RM1 - RM1 RM1 RM0.80

Units 100 220 50 100 100

Rev RM100 - RM50 RM100 RM80

Income Statement of Maniyo Charity Drive Event

Revenue

Sales RM2050

Less: Cost of

Goods Sold

RM330

Gross Profit RM1720

Add: Donation RM1350

Adjusted Gross Profit

RM3070

Less:

Operating Expenses

Typhoid

Vaccine Injection

RM240

Si Chu RM60

Sook San RM60

Alan RM60

Canisius RM60

Advertising

Expenses

RM296

Total Operating

Expenses

RM536

Net Profit RM2534

Product Fish ball

(per stick)

Cupcakes Sausage

(per stick)

Soft drinks

(L)

Soft drinks

(M)

S.Price RM3 RM5 RM3 RM3 RM2

Units 100 220 50 100 100

Rev RM300 RM1100 RM150 RM300 RM200

Sponsorship cash received before commencement of business – RM1350

Cupcakes sponsor product worth – RM1100

Cost of Goods we used for charity drive – RM330

Profit earn from our product sales - RM1720

References

- Rumah Kanak-Kanak Impian (A Society of St. Vincent DePaul). Retrieved July 25,

2010, from

http://www.manna.my/index.php?option=com_content&view=article&id=84:fund-raising-

for-rumah-kanak-kanak-impian-a-society-of-st-vincent-depaul&catid=44:press-

releases&Itemid=102

- Victoria Bakery & Cafe @ Taman Segar Perdana, Cheras, Kuala Lumpur. (n.d.).

Retrieved August 12, 2009, from http://foodmsia.com/2013/11/victoria-bakery-cafe-

taman-segar-perdana-cheras/

Appendix

Our stall for charity drive event

Promoting our products and asking for donation from students.

Displaying our products to attract costumers

Sponsorship letter to Victoria’s Bakery

Receipts of purchase cooking materials

Receipts of typhoid vaccine injection of every group members.