Twc2 Final Ppt

SPARKSWith URex, You Relax!

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Video of Advertisement

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Content

Competitive Landscape

Final Idea

Prototype

How it solves the problem

Original, Creative & Innovative

Market Research

Business Plan

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Competitive Landscape What do you use to clear hair/unwanted particles from the shower drains?

WaterBare Hands Clippers Plastic gloves/bags

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Final Idea: URex Version 4.0

Retractable Handle

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Prototype

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Packaging

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Packaging

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How URex solves the pain?

Do not need to clear the dirty particles and hair every day

Do not need to get in direct contact with the dirty particles

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Original? Creative? Innovative?

Original

Improvisation done on the lid

Can be lifted

Creative

Uses sieve instead of holes

Retractable handle

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Original? Creative? Innovative?

Innovative

Adaption from available product in the market

Simple mechanism

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Finances Cost of 1 URex (Bulk Price)

Items Cost

Materials:

Packaging:

Sieve S$1.50

Handle S$0.10

Sub-total S$1.60

Plastic Ziplock S$0.20

Manual S$0.10

Cover S$0.80

Sub-total S$1.10

Total S$2.70

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Finances

Items Cost

Materials:

Packaging:

Sieve(S$1.50 x 50) S$75.00

Handle(S$0.10 x 50) S$5.00

Sub-total S$80.00

Plastic Ziplock(S$0.20 x 50) S$10.00

Manual(S$0.10 x 50) S$5.00

Cover(S$0.80 x 50) S$40.00

Sub-total S$55.00

Total S$135.00

Cost of 50 URex

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Market Research Do you think our selling price of S$4.90 is reasonable?

YesNo

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Finances

Selling Price: S$4.90

Breakeven Point = 135/4.90 = 28 URex

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Sales & Marketing

Advertisement

Direct sales

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Sales & MarketingContacted NTUC

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Sales & Marketing

Video of Mocca

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Sales & MarketingPost Advertisements on Mocca

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Satisfied Customers

Not only 1!

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Satisfied Customers

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We have 50!

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Finances Sparks’ Pte Ltd

Profit & Loss Statement

Account $

Revenue

Less Expenses50 x S$4.90 S$245.00

50 x S$2.70 S$135.00

Profits S$110.00

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Market Research

With URex, You Relax!

We conducted a follow-up survey with buyers after usage of URex.

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Market Research

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Do you feel that URex is useful?% of respondents

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Market Research

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Would you recommend this product to others?

% of respondents

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Market Research

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What improvements you want to see?

Detachable handle

Colours and Sizes

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With URex, You Relax!

THE END!

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