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Marketing Plan:  

Goal: If selling price is ten dollars, then cost of board and components must be less than five dollars.(10 12x14) (24 2x3) = (240 2x3)

Cost Break Down

Currently the cost of the components to make one board is $2.30.

·        NEEDS TO GO DOWN

·        Less than $5

Cost of one board with solder mask and silkscreen if size 12x14 with 24 boards: $83.40/24 =$3.47

 Production costs = price of components + price of board

                           =$2.30 + $3.47 =$5.77

Profit = $sold – production costs

          =$10.00-$5.77 = $4.23 per board

Total Profit = (price per board)*(#of boards) – (production cost)

                   = $10.00 * 240 – ([83.3)*10+ [$2.30 * 240])

                   = $1337.50

 

Market Proposal

Product will be in a package with:

·        Board

·        Components

·        Instruction booklet:

o       How to solder

o       Component list

o       Schematic and function description

o       Layout with labeled components

o       Abstract

·        Solder?  

Packaging:

·        Ziploc bags: cheap but unreliable?

·        Components in smaller bag?

·        Board and battery pack + component bag

·        Make sure nothing falls out!!

 Solder/Soldering Irons:

·        Buy from Jameco, sell for $5-7

 Sell at Family Science Night:

·        School purchases

·        Other Endeavour students at PRHS and at other schools

·        Electronics people 

 

For questions and comments contact prhsinventeam@gmail.com.  All material herein are subject to copyright laws ©  2007.
Last updated: March 29, 2007.