Peer evaluation!

Please remember to do the peer evaluation for your group mates!!!!

Only 1 has done it so far..

Peer Evaluation

Dear S2-04,

I have emailed the peer evaluation form to your email.

Just in case you have missed it, please complete your peer evaluation here ASAP after your presentation.

Thank you.

Ms Choo

Presentation Schedule (week 8 and week 9)

Week 8
1. Fluffink
2. A cook's Paradise
3. Fast Mofu

Week 9
4. Electrix Industries
5. Au Dela

Each presentation is as follows:

1. 3-5 mins presentation followed by a Q&A session
2. All team members must present
3. There will be peer evaluation at the end of the session

Business Pitch

• Your Business Pitch should include the following:

• Product
• Mission and Vision statements
• Market analysis
• Marketing strategy
• Risks (SWOT analysis)
• Financial projection - cost and returns (3-5 years)
• Financial needs

Executive Summary Lesson

LINK to the Executive Summary slides

Financial Statement Week 1 Task

• In your groups, work on your projected income statement for your company.
• Forecast for the first 1 year, quarter by quarter.
• (In real life, it’d be 3 years, month by month!)
• Use commonly available data and state assumptions.
• Complete the Revenue section by end of lesson
• Post the complete income statement on the class I&E 

Please refer to the link for the example of the Profit and Loss Statement

Padlet wall

Created with Padlet

Links to the Marketing lesson slides

Marketing Lesson One
https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAYlJIS2JQN1Q5MTQ/edit?usp=sharing

Marketing Lesson Two
https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAV3pyMlFXcTBxenM/edit?usp=sharing

Marketing Lesson Three
https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAaC1EQk5qdDYzVkU/edit?usp=sharing

Marketing Lesson Four
https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAT2J2RHpvcGV4V00/edit?usp=sharing

Marketing Lesson Five
https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAd3JuZDZ4ZFpXb3M/edit?usp=sharing

Link to 4th P - Promotion Slides

Hi Class,

This is the link to the Promotion slides. Please find your task in the slides as well.

Thank you.

https://docs.google.com/a/sst.edu.sg/file/d/0B7Z-eybT9aNAT2J2RHpvcGV4V00/edit?usp=sharing

3rd P of Marketing - Place

Account and justify your Place strategy - WHY did you choose your PLACE?

1. Market Segmentation
2. Visibility and Convenience
3. Herding Effect
4. Allocated area/location

Exclusive, Intensive, selective distribution?

Transport, Warehousing, order processing (B2B)?

2nd P of Marketing - Price

Account and justify your pricing strategy according to the 4 main factors of Pricing:  

1. Customer (what do they want)
2. Costs (fixed, variable, etc)
3. Competition (same, higher or lower?)
4. Corporate Objectives (profit making, non-profit?)

Pricing Techniques

ìCost-plus pricing: Profit = Price – Cost (Bottom-line)
ìGoing-rate pricing: “Follow the competitor”
ìMarket Skimming: “Start high”
ìMarket Penetration: “Start Low”
ìOdd and Even Pricing: Using Psychology

MARKETING STRATEGY ONE - PRODUCT

In your business report,

ìWork on the “Product” component of Marketing Strategies.

ìInclude the Tangible and Intangible features of your product.

ìAnatomy of your product.

ìClassify your product.

A product consists of 2 components

ìTangible factorsìQuality, color, texture
ìIntangible factors
ìEnhance “product offering”
ìBranding, customer care, warranty

Anatomy of product
ìThe Core ProductìCar = transport
ìThe Tangible Productì physical/ unique features
ìThe Augmented Productìadded value
ìThe Future ProductìLT d/d


B2C market
ìConvenience Goods (routine)
ìShopping Goods (some risk)
ìSpecialty Goods (great risk)
ìUnsought Goods (“forced to buy”)

Disclaimer for Survey form

ìDisclaimer: This survey is entirely an I&E project for academic purposes only. No real product/service shown in this survey is being manufactured or sold

Vision statement

1.Start by choosing your achievement(s)

ìFive years from now, (my company name) will ___________________ by ________________________.

ìE.g. Five years from now, Tiny Tots Diaper Service will be the top grossing diaper service in the Lower Mainland by consistently providing a reliable, affordable service for Moms and Dads with small children.

mission statement guidelines

ìWhat business

ìWho to serve

ìTo whom

ìValues

Objective for Share/stakeholders, Etc

Group Assignment

nCreate a name and tagline for YOUR company. (Try wordlab.com)

Include how are you going to build your company BRAND

Names should be:

nShort (2 syllables are ideal)

nUnique

nMemorable

nEasy to Pronounce

nWorks in the English Languauge

nNo Acronyms

nLanguage Neutral

Brand, Product and Tagline

Product: Shoes

Brand: Shoez

Tagline: Perfect for your feet. 

Hi class 2-04,

Well done for those who have complete their first and second blog assignment.

There is still a handfull of you that have not even accepted the invitation.

Please remind them to accept and also post their assignment. (I&E Rep!)

Ng Keen Yung_Brand

Service: (physical) cleaning of computer & fixing computer issues.
Company: Cleaning Service
Tagline: Never get dusty computers again!

Company Tagline

Product: Home theatre system
Company name: Nimodef
Tagline: Your house will never be quiet!