BUSF 0103 : Introduction to Business July 2013 Intake Foundation in Natural and Built Environment School of Architecture, Building & Design Taylor's Univeristy Lakeside Campus Final Project : Charity Drive Event Name Student ID Adibah Bahiah binti Awang 0316318 Lim Chin Yi 0315627 Patricia Kong Weng Yee 0315837 Ghada Rashad AbdulHameed 0315601 Valentine Hew Hui Ling 0316236 Mohammad Afif bin Tambi 0315361 Mohammad Azzam bin Abdul 0315543
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BUSF 0103 : Introduction to Business July 2013 Intake
Foundation in Natural and Built EnvironmentSchool of Architecture, Building & Design
Taylor's Univeristy Lakeside Campus
Final Project : Charity Drive Event
Name Student ID
Adibah Bahiah binti Awang 0316318
Lim Chin Yi 0315627
Patricia Kong Weng Yee 0315837
Ghada Rashad AbdulHameed 0315601
Valentine Hew Hui Ling 0316236
Mohammad Afif bin Tambi 0315361
Mohammad Azzam bin Abdul Aziz 0315543
Contents
Front Cover 1
Contents 2
Executive Summary 3
Objective 4
Target Market 5
Competition Analysis 6
Product & Packaging 7 – 8
Pricing 9
Promotion 10 – 11
Sponsors 12 – 13
Distribution 14
Green Measures 15
Human Resources Planning 16
Evaluation 17 – 22
Appendix 23
Back Cover 24
EXECUTIVE SUMMARY
The reason of doing this report is to record and organize the important data that
we receive from the charity drive event. Basically in this project we need to bought
some good and sold it for a week in Taylor’s lakeside or outside Taylor, the net profit
that we got from this project will be donate to our organization that we choose which
is “Spastic Children's Association of Selangor & Federal Territory”.
The things that we put in this report are the objective of this event which is to
donate to our organization. We also put our target marketing either student in Taylor
or outside Taylor. We also put our product list, how our product’s packaging looks
like and what is the price for our product will be. Beside that we also include what we
has done to promote our product that makes people want to buy our products and the
important thing was the sponsor’s organization that helps us a lot with this event.
The last thing that we do is we calculate the sale that we receive from the
charity drive event and present the result in this report. We also state the role of our
team members to show that we have cooperation.
OBJECTIVE
We are required to run a one-week business operation for the purposes of charity to
achieved our goal which is to get RM3500 for the charity of our choices which is the
Spastic Children's Association Of Selangor & Federal Territory,a non-profit
organization
The objective of this assignment is to apply what we had learned in the
classroom.which is :
1. To form cooperation between group mates and being able to become a leader in
a business management.
2. Increasing awareness and being able to deal with with production management
such as managing with the planning, forecasting and production.
3. Being able to think and create a marketing strategies to increase sells and
productivity.
Video link : http://www.youtube.com/watch?v=VmAqNpFF3IM&feature=youtu.be
Target Market
For this charity drive, our main target would be the students and the staffs in the
campus. Hello Panda and Pepero existed since we were a little kid and so we decided
have them take a stroll back to the past to relieve the moment where they enjoyed
eating the snacks. Besides that, during tea breaks, some people would prefer having
something light like snacks. Morever, there are some foreign students who may have
never seen or eaten the snacks before. This would provide them the opportunity to try
it out. The spending power of these people are good because majority of the student
and staff population came from a good family background with comforatble lifestyle.
Competition Analysis
1. Group 3, Jerry Yee Ching (Potong)
This group had an advantage as they had a proper stall set up with well known
products and price listing. They also had a bigger customer base as they
walked around a lot promoting their products.
2. Group 6, Nadine Saedah (Brownies)
This group had an advantage because they were very consistent in collecting
donations. One of their team mate stood in the middle of SLC all day to collect
donations. From there, they managed to pull more customers to their booth.
Product & Packaging
PRODUCTS
We were selling five different products altogether. Two different types of flowers
( roses , gerberas ) and decorated spatula for mother’s day . The other two products
that we sold were the Korean retail products ( pepero ( flavored stick biscuit) and
Hello panda ( flavor fillings cookies)) which were the two main products for this
charity drive event.
As for the flowers, few days before the mother’s day, we went to purchase bouquets
of Roses and Gerberas and few sets of spatulas. And for the biscuit sticks, we bought
few big boxes from the grand meltique food trading in Jaya grocer.
The picture above shows our main products we were selling. The pepero and hello panda biscuits.
The above pictures shows bouquets of flowers that we bought from the florist.
The left top photo shows the initial look of the spatula and the right are the decorated spatulas.
PACKAGING
There’s no packaging strategy that we used for our products. This is so because the biscuit sticks and the cookies already come with their own packaging. Whereby for the flowers, there’s only a plastic holder to hold the petals of the flowers to avoid them from wilting fast. And we carried the flowers and the spatula around in a basket to sell as we do not have any booth yet that time.
Video link : http://www.youtube.com/watch?v=VmAqNpFF3IM&feature=youtu.be
Pricing
Unit Cost price :
4. Roses : Rm1.50 each
5. Gerberas : Rm 0.58 each
6. Spatulas: Rm 1.38each
7. Pepero: Rm 2.92 each
8. Hello Panda: Rm 2.90 each
Unit Selling Price:
1. Roses : Rm 4 each
2. Gerberas : Rm 4 each
3. Spatulas : Rm 4 each
4. Pepero : Rm 5 each
5. Hello Panda : Rm 5 each
Promotion
In marketing, promotions are important in order to efficiently sell one's product or
services to the customer. It is included in the marketing mix elements. The three basic
objectives of promotion are usually to present information to the customers, to
increase demand and to differentiate a product.
Thus, for our cause, we created a marketing message which was “Buy or donate is all
you need to help a kid” as it is for the Spastic Children's Association of Selangor &
Federal Territory (SCASFT). We used several ways to promote our products. First
was hand-produced posters. The hand-produced posters were designed with words
and cute and attractive pictures and this enables us to present our product and their
pricing to all the passerby directly in order to attract more customer. Besides that, the
arrangement of our products at our booth was arranged uniquely neat and attractive.
This enables the customers or passerby to easily notice all of our products without
wasting any time to scan and search. Last but not least, we also promote our products
through SMS text, telephone calls and face to face conversation. We mainly sell our
products to the people surrounding us like our family, friends, teachers and relatives.
So it was easy to promote through our daily conversation.
The donation box
The handmade poster for the pricing and also to attract customers
The booth we decorated in order to attract customers
Video link : http://www.youtube.com/watch?v=VmAqNpFF3IM&feature=youtu.be
SponsorsWe requested sponsorship from the listed company:
6. Inderapura Food sdn bhd
7. Nutrifres Food & Beverages Industries Sdn Bhd
8. Zuryati Awang Architect Sdn Bhd
9. CERT,CENTRE FOR RESEARCH AND TRAINING.
We emailed the listed company to gained a sponsorship to sponsor our charity drive
which its profit will then be donated to the Spastic Children's Association Of
Selangor and we specifically requested a donation of RM500 from each of the
company to aid our charity drive.However we managed to get a replied from two of
the company which is Zuryati Awang Architect Sdn Bhd and CERT whom agreed to
financially sponsored us. We managed to get RM1000 in the form of cheque from
Zuryati Awang Architect Sdn. Bhd and RM750 in cash from CERT & Kong's. Here is
a view of our sponsor letters to the listed company.
Requesting Sponsorship for Charity Drive Event
We, the students from Taylor’s University Lakeside Campus,are currently involved in a fundraising event as our school project in June 2014.
Our plan is to raise a total of RM3500.00 via sponsorships and product sales. The fundraising event will be held for a week from 2nd to 6th June under the supervision of our lecturer Mr. Chang Jau Ho. All profits earned during the event will be donated to the Spastic Children's Association Of Selangor & Federal Territory, a non-profit organization that provides numerous services, facilities and activities that are used to care and treat spastic children.
We are writing today to ask if you would consider donating RM500 to help support our event. We believe that your generosity would go a long way towards supporting the organization and their noble cause. If you need more information about our event or have any questions you may contact me.
Thank you.
Distribution
We got the Pepro and the Hello Panda biscuit sticks from a supplier at Jaya
grocer. Two days before the charity event we drove to the grand meltique food
trading in Jaya grocer and bought our first stock. We kept the stock at one of the
group members place until the day of the event, we went to bring them to campus.
Costumers would then buy our products directly from our booth i.e. through face to
face costumer service.
For the rest of the week we went to collect our new stock for the next day by
the end of the day. However, in the case of a stock shortage, as we are a group of
seven members, two of the group members would go and get the products during the
event before it completely runs out of stock. This would usually take no more than an
hour. Thus the costumers won’t have to wait for their product since we’re making
sure we don’t run out of stock.
Gladly, people seemed to be interested in our product specially the Pepero
chocolate sticks, however the number of costumers that we were able to effectively
reach were about 80 to 100 costumers. Some of these bought more than once and in
larger quantities.
Since our product is a light snack that people would usually take only during
their breaks or will crave for when they see in front of them. We didn’t consider
providing any ordering channels as we thought it is not a product where the
costumers would necessarily need.
Green Measures
Although in general , the products we chose to sell might have not been
manufactured in an entirely environmentally friendly manner. However, the products’
packaging for both the Pepero and Hello panda is made of paperboard folding carton
which can be recycled and in general not hazardous.
Besides that, we also tried our best to preserve the environment. First, when bringing
the products to campus. Instead of transporting the products using a car we used to
walk to Cindy's house which was located at Pjs 7/2 (where the stock was usually
kept), collect our stock and then walk back to campus. Second, instead of throwing
the products’ packages that has been emptied, we reused them to store our receipt
books and posters. Third, although a number of costumers requested plastic bags to
carry their goods in, yet we didn’t find it necessary to provide any plastic bags.
Firstly because we didn’t want to spend more money. Secondly because plastic bags
are known to be non-biodegradable, which is environmentally destructive. So instead
we provided them with the empty packages we had.
Human Resources Planning
HUMAN RESOURCE
1) Project Manager, Adibah Bahiah
Leads the group and is in charge of monitoring all activities happening at the
time of the charity drive,
2) Sales Executives, Cindy Lim
In charge of handling products from getting the products from the suppliers
and keeping the products.
3) Accountant, Patricia Kong
In charge of all the receipts and payments received and given out.
4) Marketing & Advertising, Muhammad Afif, Azzam Aziz, Valentine Hew
In charge of promoting the products, creating posters, price listing, and
donation boxes.
5) Public Relation, Ghaida Rashad
In charge of communicating with the organization, sponsors and suppliers,
Evaluation
At the end of this business charity drive project, we managed to earn a total of RM
3356.20 to be fully donated to Spastic Children Association Selangor & Federal
Territory. A total of RM1018.70 came from the sales of our products, Rm614.50 came
from donations from various people and RM1750.00 came from our sponsors. The
total operating expenses is RM27.00 which we used to purchased receipt books and
ribbons.
Profit & Loss Report
Income Statement of Group Adibah Charity Drive Event
RevenueSales $2,188.00Less: Cost of Goods Sold $1,169.30Gross Profit $1,018.70Add: sponsors $1,750.00 donations $614.50Adjusted Gross Profit $3,383.20