30
SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN FOUNDATION IN NATURAL BUILD ENVIRONMENT PROJECT TITLE: Final Project: Charity Drive Event GROUP MEMBERS: INTRODUCTION TO BUSINESS [BUS30104] LECTURER: TAY SHIR MEN 1 Names Tey Cheng Fern Yew Wing Kee Ong Jie En Chong Hao Foong Teoh Zhe Khai Law Zhi Chang Luke @ Chung How Cyong Mohammad Harris Bin Haji Abdul Aziz

business report

Embed Size (px)

Citation preview

Page 1: business report

SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN

FOUNDATION IN NATURAL BUILD ENVIRONMENT

PROJECT TITLE: Final Project: Charity Drive Event

GROUP MEMBERS:

INTRODUCTION TO BUSINESS [BUS30104]

LECTURER: TAY SHIR MEN

Contents

1

Names

Tey Cheng Fern

Yew Wing Kee

Ong Jie En

Chong Hao Foong

Teoh Zhe Khai

Law Zhi Chang

Luke @ Chung How Cyong

Mohammad Harris Bin Haji Abdul Aziz

Page 2: business report

Content PageSummary 3

Layout 4Objectives 5

Target Market 6 - 7Competition Analysis 8 - 10

Product/Packaging 11 - 14Pricings 15 - 16

Sales Strategy 17 - 18Additional Measures 19 - 21

Logistics 22 - 23Results 24Charity 25

Summary

2

Page 3: business report

Our business comprised of 8 members and were given the task to set up and run a business to raise funds for a charity organisation of our choice. Through this project, it allowed us to further our experience when it comes to running a business from scratch and as well to study the environment whereby the market in which our business ran were filled with other businesses and/or competitors. Aside from the business matters, this gave us as a group the opportunity to test our capabilities and measures to operate as a team.

As a group, we unanimously agreed on selling ‘Foods and Beverages’ as our fore-front products and this was done with heavy consideration on how to effectively generate funds to support our charity organisation. We have chosen to do F&B (Foods & Beverages) because, as students ourselves, we have experienced the prices of pre-existing F&B business establishments’ products around the campus premises and they are quiet expensive compared to business’s products outside of Klang Valley. So the logic was, we make our own food to sell and sell them at an affordable price which then may lead to a healthy business.

As for our charity organisation, we represented the Rumah KIDS, a non-profit charitable home for orphans and abandoned children, which all of our proceeds from the business will be donated to. We have chosen this organisation due to the fact that kids especially orphans are in constant need of daily essentials such as Food, Water and Shelter, hence whatever the amount of funds made, in whatever form the donations manifests into will contribute the organisation in however way the organisation chooses to use them for. In addition, to aid the funds we also created a donations box for people who wants to donate without having to purchase any of our products, this way it allowed people to contribute without feeling obligated to make any purchase – which was a part of our initiative to spread awareness about Rumah KIDS as a charitable organisation.

Our charity drive establishment was held in a hallway adjacent to Taylor’s University’s Student Life Centre. And was held for a period of four days starting from 26th of January 2016 till 29th January 2016.

3

Page 4: business report

Staircase

Staircase

Note: Layout is not according to

scale. Each table to be numbered

accordingly for ease of identification.

4

Student Life

Center

LectureTheatre 1

Staircase

1

2

3

4

5

6

8

7

9

10Note: Layout is not according to scale. Each table to be numbered accordingly for ease of identification.

We were group number 4.

Page 5: business report

Objectives

Why we choose the orphanage- Rumah KIDS ?

Create awareness of the public towards orphanage. We want people to know that orphanage deserves the same loves we all have. They all deserve the services we gets in our everyday life.

We wanted to raise a minimum of RM 2500 and use the money to buy foods and supply to donate to the Rumah KIDS orphanage. We targeted to sell all the creampuff ice cream and popsicles we have within a week to reach the target.

5

These are the kids from the orphanage – posing with two of our group members

From Left – Right: Harris, Ensley, Samuel, Joshua, Hao Foong

Page 6: business report

Target Market

1. Taylors University StudentsTaylors university students are the main target of our charity drive. After we done our survey in Taylors University, we figured out that most of the female students are more willing to buy dessert after their lunch break. And also many of the students said that one of their childhood memory food is popsicles and popsicles is suitable for all age people and is easy to sell due to Malaysia hot weather. We are also selling ice cream puff which is also a good selling product due to Malaysia weather. And also when it comes to charity, students are more willing to help to buy our product or make donation to the charity. Despite most of the students doesn’t earn their own income, but still they can spent a little of their money on buying some extra stuff. Due to the situation above. We have set our product price as low as possible for students to afford.

2. Friends& RelativesOne week before the charity started, we decided to promote our product earlier to the customers. We have targeted our friends and relatives to test the reaction of the market. And also our friends and relatives can help to promote our product on social media.

6

Page 7: business report

3. Staff & LecturersBased on the result of our survey, we have targeted staff and lecturers of Taylors University as one of our customers. They are mostly very kind and generous when it comes to charity. Even if they didn’t buy our product they will still donate to our charity. And also Popsicle is very suitable for them because is easy to eat and is suitable in a hot day. Since they are earning their own income, we had expected that they are willing to spend more on the charity and to buy our product.

7

Page 8: business report

Competition Analysis

Our competitors were the other 9 groups assigned for the charity drive as well, though there were only 3 main competitors that we were directly competing with.

Basically, this groups main products were cooked foods. And they were located closest to the entrance of the hallway (refer to the map – Group ‘6’).

Strengths:

1. Due to their location being the first to be seen from the entrance, they were more likely to be approached by potential customers first.

2. They were closest to the ATMs, which are located right behind the group. Hence potential customers were more likely to stop by after making financial transactions.

3. Their products were cooked foods, which are more preferred compared to desserts or snacks, hence widely demanded amongst students and staff members.

4. Their cooked foods were made fresh, which is preferred by customers.

Weaknesses:

1. Members of our group had been their customers as well, though that the food tasted good but the quantity was too little when compared to their pricing.

8

1. Group No.6Led by Ms. Tung Siew Hui and their products were :

a. Sausagesb. Wafflesc. Chicken Nuggetsd. Fries

Page 9: business report

2. In addition, some of the products they were selling had already been sold at a more affordable price in an already established business i.e. ‘Arisan’, within the campus premises.

3. Cooked foods usually do not have a long shelf life as they get cold and stale.

This group was selling generally desserts.

Strengths:

1. Cold desserts such as Ice creams are popular especially during hot days.2. Waffles and pan cakes widely popular amongst younger and active demographics such as

students.3. In addition, waffle and pan cakes are common foods to eat during breakfast

Weaknesses:

1. Without proper cooling systems, cold foods and beverages will not stay cold for long and warm desserts will not sell well

9

2. Group No.5Led by Ms. Adele Lu and their products were :

a. Soft Drinksb. Wafflesc. Pan Cakesd. Ice Creame. Herbal Tea

Page 10: business report

Strengths:

1. Fruits are popular for today’s culture that are aiming for a more healthy diet.2. Soft drinks are popular amongst any demographics, hence easy to make sales.3. Onigiri – Japanese rice snack. A unique product to sell and sold at an affordable price. This

kind of food is perfect for people to snack on without having to purchase large meals.

Weaknesses:

1. Fruits are easily perishable – to keep the fruits fresh and cold is difficult especially during hot days.

2. Though that soft drinks are popular but across the business’s location there were vending machines that sell a variety of cold soft drinks at affordable prices, this affected other businesses as well.

10

3. Group No.3Led by Ms. Yong Ai Yi and their products were :

a. Soft Drinksb. Fruitsc. Onigiri

Page 11: business report

Product & Packaging

Product

1. Ice cream puff (main)Based on the survey we done, we summarized that most of the female willing to spent more money on dessert that are special and tasty to eat. We are selling 4 different flavor of ice cream. We have yam, cookies and cream, chocolate and mint flavor.

11

Page 12: business report

2. Popsicle (side)We are also selling popsicle as our side for charity drive, which is the top sell of our booth. Popsicle remind many of the customers of their childhood memory. Which will become our strategy to push our popsicle to top sell. We had four different flavours of popsicle. Which were ribena, orange, sour plum and sarsi.

3. Ice Cream ( 2 scoop)If the customer doesn’t want the puff with ice cream, they can also ordered scoop ice cream which we will sell them two scoop in a cup. We have four different flavor , yam, chocolate, cookies and cream and mint flavor.

12

Page 13: business report

4. Corn In A CupWe are also selling hot corn in a cup. Corn can mostly sell in the morning because the students are hungry and need something warm to fill up their stomach. We will also add in butter , salt and mayonnaise to add on flavor in the corn.

Feature

1. Ice Cream PuffWe are providing puff and ice cream in the same time. Customer can choose their own topping. We have provided three type of topping which is oreo, peanut and biscuit. And also the puff will be putting inside of a cup that is made by our teammates.

2. Ice CreamWe also provide scoop ice cream which is just the ice cream but without the puff the customers can pick their favorite flavor and mix two scoop together.

3. PopsiclePopsicle is basically just using plastic bag and pour different drinks inside and froze it. And also popsicle is very common in the 90’s kids childhood.

4. Corn In A CupWe are also selling hot corn in a cup, with a layer of butter ,salt and mayonnaise. Hot corn is a good choice of customers for their breakfast.

Benefit

1. Ice Cream PuffIce cream puff is easy for the students to eat without have to dirty their hands. This is because the ice cream in placed inside of the puff so it wont spilled. And it also have dry ice effect and have multiple choice of flavor. And we also provide extra topping for the ice cream puff.

2. Ice Cream (Scoop)For scoop ice cream ,we provide the customers different flavor of ice cream and the customers can mix two flavor in one cup. ( Eg. Yam+Chocolate , Mint + Cookies & Cream) And we are also using big scoop for scoop ice cream for ice cream puff we are using small scoop ice cream.

3. Corn In A CupFor corn in a cup ,we are providing fresh and warm corn for the students as their breakfast. Corn is also healthy to human body and we are selling it in a cheaper price compare to the shop.

4. PopsiclePopsicle is easily for the customer to eat and can bring it walking around the campus. And it was the cheapest in our product.

13

Page 14: business report

Packaging

For our packaging of product, to attract more customers to buy our product we have spent a lot of time and energy in it. We bought blank white cups and draw it with our marker pens with a cute rabbit cartoon and our booth name. Each of the cup have their own unique design, and is a unique design for each cup. And also we are putting a small cup inside of the big cup to avoid the ink outside will spread due to wet cup. This is also because we are planning to put dry ice inside of the big cup to produced smoky effect which surprised our customers.

14

Page 15: business report

Pricing

Waffle Ice-cream- Cost Price : RM 1.50 per unit- Selling Price :

Corn in the cup- Cost price : RM 0.30 per unit- Selling Price : RM 3.00 per unit

Creampuff ice-cream

- Cost Price : RM 2.10- Selling Price : RM 5.00

15

Page 16: business report

Popsicles ( 4 flavours )

Cost Price : RM 0.20

Selling Price : RM 2.00

Homemade Custards

- Cost Price :- Selling Price : RM 2.00 per unit

Ice-cream scoop

- Cost Price : RM 2.00 - Selling Price : RM 4.00 for 2 scoops

16

Page 17: business report

Sales Strategy: Advertisements & Promotions

1. Social Media

All the members in the group shared pictures and information of our product and our booth. We spread the news through Facebook and Snapchat. This will increase our publicity and customer will know where to find us.

2. Booth Attractions

17

Page 18: business report

The booth was decorated with our handmade cut-outs and was decorated with our handmade cups and many promotion signs to attract the customer. We also feature a lot of photos of our product to show the customer how unique our product is.

3. Face-to-face Conversation

This is the most effective way of promotion. It is applied when we approach customers to explain further about our product and why we are selling them. We found out that face-to-face conversation works best when people are sitting down where they are not in a rush or just taking a break. This allows us extra time to explain briefly to them. Usually, people will either donate or buy our product.

4. Buy 2 Free 1 Promotion

In order for more people to get interested in our products, we decided to promote our products by doing a buy 2 free 1 deal for everything we sell. This promotion is targeted towards small groups of people who pass by our stall, as it is much quicker as compared to selling them individually. We used this promotion on the last day of business to try and urge the public to buy more, as we were trying to sell off all the remaining products.

5. Selling at different locations

Besides setting up a stall in front of the Student Life Centre, we also did our business at other locations around the campus. For example, we split into three teams to sell our products at different locations on Friday afternoon. One team was in charge of the stall in front of Student Life Centre, another team walked around the campus while the remaining team opened another temporary stall outside the university gate at PJS 7. We chose to sell at the gate because many people were passing by to get to the mosque nearby for their Friday prayers.

18

Page 19: business report

Additional Measures

A. Homemade Popsicles

We put our hearts and souls in making the popsicles. We wanted to give our customers a surprise, from the taste to their feelings. A popsicle that would remind your childhood. The making procedure was simple. First, dissolve sugar in hot water. Once the mixture cools, add the flavoring or syrups and stir slowly. Pour the mixture into the ice pops plastic mold and keep inside the fridge for about 8-10 hours. A childhood homemade popsicle is now ready to serve!

B. Unique Design Packaging

19

Page 20: business report

As to provide satisfaction to our dearest customers, we put efforts in quality control in both visual and taste. Visually, we drew our own logo on the cup. We also decorated the cups with a rabbit-ear monster. Next, dry ice effect was applied as to stimulate customers’ attention. A perfect combination of nice graphic design and cool effect is now ready to serve!

C. Variety Choice of Flavours

We offered variety choice of flavours to the customers. For the popsicle, we had 4 flavours which were Sarsi, Ribena, Orange and Sour Plum. Ribena was the best selling among the fours. Also, ice cream puff was not limited to only one flavour. Customers could choose their own flavour likes Yam, Chocolate, Cookies and Creams and Mint.

D. Self-owned Machines

20

Page 21: business report

As to reduce the cost price, we decided to use our own machines. Based on our research, the rental for a waffle machine could cost us RM100 per day. We did not have enough budgets to afford the rental fee, so one of our member asked his mother to borrow her waffle machine. This helped us to save a lot of budgets.

21

Page 22: business report

Logistics

It is necessary to have a clear job scope for every member as to direct and guide them to do their respective tasks and workload evenly. The task were given to each member based on their strengths and abilities.

TEAM MEMBER JOB SCOPELAW ZHI CHANG Project Leader, Procurement Leader, Agenda

Planner, SalesmanMOHAMMAD HARRIS BIN HAJI ABDUL AZIZ

Assistance Leader, Public Relations, Salesman, Secretary

CHONG HAO FOONG Assistance Treasurer, Design Team Leader, Transportation Agent

TEOH ZHE KAI Treasurer, Cup Designer, Salesman, Accountant

CHUNG HOW CYONG First Line Manager, Cup Designer, Salesman, Procurement Co-Leader

ONG JIE EN Sales leader, Cup Designer, Booth Designer, Quality Control

TEY CHENG FERN Assistance Accountant, Marketing Strategist Saleswoman

YEW WING KEE Promotion Team Leader, Cup Designer, Saleswoman

22

Page 23: business report

Team Organization Chart

23

Page 24: business report

Results

24

Page 25: business report

Production Cost

Item Name Unit Cost per Unit (RM) Total Cost (RM)Dry Ice 44 6 264Ice-cream 8 25.78 206.24Cordial Syrup Drinks 7 8.95 62.65Gloves 1 3.50 3.5Cups 30 2.90 87Ice Boxes 4 10.90 43.6Corn 30 4.85 145.5Sugar 2 2.94 5.88Eggs 2 12.70+4.05 16.75Flour 2 1.50 3Salt 2 1.10 2.2Ribena 3 18.90 56.7Ice Cream Scoop 1 5.50 5.5Spoon 6 3.90 23.4Puff (Pastry) 580 1 580Total - - 1505.92

Sales

Item Name Price per Unit (RM) No. of Units Sold Total (RM)Popsicle: Sarsi 2 186 372Popsicle: Orange 2 195 390Popsicle: Ribena 2 210 420Popsicle: Sour Plum 2 224 448Ice-cream Puff 4 567 2268Nitro Ice-cream 5 62 310Total - - 4208

25

Sales Revenue: 4208

Cost: 1505.92

Revenue – Cost: Profit

4208 – 1505.92: RM2702.08

Page 26: business report

Charity References

26