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    Product Design Manuscript

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    leslyntigas01
    Goa Beans' Bites is a new chip made from winged beans, or sigarilyas, which are nutritious and high in health benefits. The chips are made by deep frying sliced sigarilyas fruits until crispy. A cost analysis shows the ingredients and manufacturing costs total to PHP 140 per unit. With a planned selling price of PHP 180 per unit, the markup percentage is 40.6%. The product will be distributed locally at first, targeting the general population near Pres. Diosdado P. Macapagal Memorial High School as an initial market.

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    Product Design Manuscript

    Uploaded by

    leslyntigas01
    45 views6 pages
    Goa Beans' Bites is a new chip made from winged beans, or sigarilyas, which are nutritious and high in health benefits. The chips are made by deep frying sliced sigarilyas fruits until crispy. A cost analysis shows the ingredients and manufacturing costs total to PHP 140 per unit. With a planned selling price of PHP 180 per unit, the markup percentage is 40.6%. The product will be distributed locally at first, targeting the general population near Pres. Diosdado P. Macapagal Memorial High School as an initial market.

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    Goa Beans' Bites is a new chip made from winged beans, or sigarilyas, which are nutritious and high in health benefits. The chips are made by deep frying sliced sigarilyas fruits until crispy. A cost analysis shows the ingredients and manufacturing costs total to PHP 140 per unit. With a planned selling price of PHP 180 per unit, the markup percentage is 40.6%. The product will be distributed locally at first, targeting the general population near Pres. Diosdado P. Macapagal Memorial High School as an initial market.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    45 views6 pages

    Product Design Manuscript

    Uploaded by

    leslyntigas01
    Goa Beans' Bites is a new chip made from winged beans, or sigarilyas, which are nutritious and high in health benefits. The chips are made by deep frying sliced sigarilyas fruits until crispy. A cost analysis shows the ingredients and manufacturing costs total to PHP 140 per unit. With a planned selling price of PHP 180 per unit, the markup percentage is 40.6%. The product will be distributed locally at first, targeting the general population near Pres. Diosdado P. Macapagal Memorial High School as an initial market.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 6

    Pres. Diosdado P.

    Macapagal Memorial High School

    Sta. Cruz, Angat, Bulacan

    Product Development in Entrepreneurship

    Submitted by:

    Leciges, Charry N.

    Submitted to:

    Mr. Gregorio S. Mariano

    November 9, 2023
    I. Product Label

    ● Goa Beans' Bites

    II. Product Logo

    III. Product Description

    Goa Beans' Bites, a tasty chip combined with a nutritious alternative. The winged

    bean, commonly known as the "sigarilyas" bean, has an array of beneficial health

    effects. The winged bean offers a great range of benefits for your health, despite the

    fact that its name may not be as widely known as those of other legumes.

    Sigarilyas chips can be easily substituted for the traditional chips that are passed off as

    junk food by vegans, especially parents. Customers can undoubtedly enjoy this

    nutritious chip because it has no extra preservatives.


    Sigarilyas fruits are used to make Crispy Sigarilyas, also known as Sigarilyas chips, a

    quick and simple vegetable recipe that is deep-fried until crispy.

    IV. Pricing Model and Costing

    A pricing strategy is a model or method used to establish the best price for a product

    or service. It helps us choose prices to maximize profits and shareholder value while

    considering consumer and market demand.

    To choose a pricing strategy, it’s also essential to understand the role of cost, margin,

    and markup, especially if you’d like your pricing to be cost-based.

    ● Markup refers to the additional amount we charge for our

    product over the production and manufacturing fees.

    ● Margin refers to the amount we business earns after we

    subtract manufacturing costs.

    ● Cost refers to the fees we incur from manufacturing, sourcing,

    or creating the product we sell.

    The representation below shows the expenses from the ingredients being used:

    Ingredients Cost Price


    Sigarilyas Beans (1kg) Php 85.00

    Cornstarch (2cups and 2tbsp) Php 13.00

    Flour (2cups and 3tbsp) Php 12.00

    Sour and Cream Flavor Php 10.00

    Cooking Oil (0.5 litter) Php 20.00

    Total Cost Php 140.00

    The representation shows the markup percentage

    Markup Percentage Formula

    Markup percentage = Selling Price per Unit-Cost Price per Unit/ Cost Price per Unit x100

    Markup Percentage = Php 140.00 – Php 100/Php 0.4x100

    = 40.6%
    V. Supply Chain and Order Fulfillment:

    From there, the raw materials source were surely planned with their inventory and

    manufacturing processes to ensure supply and demand are adequately balanced.

    Manufacturing or sourcing materials needed to create the final product. With that, we can

    start assembling parts and testing the product. After that we can proceed on product

    processing and ready it for shipment or holding in inventory until a later date. In terms of

    order fulfillment transporting and delivering the finished product to the distributor, retailer, or

    consumer must be planned well. Lastly, providing customer service support for returned

    items.

    VI. Sales Strategy:

    Early adopter consumers will be encouraged by the company to recommend relatives, close

    friends, or neighbors to try the product as well. They can attract customers to the brand who

    might be hesitant to be the first to try something new by making use of the influence of such

    people. Will also use social media to encourage more people to try this product.

    VII.Distribution::

    There is a specific targeted area for Goa Beans' Picks as this snack is targeted towards a

    general population locally. Distribution can be around here in Pres. Diosdado P. Macapagal

    Memorial HighSchool but hopefully in nearby areas as well.

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