Fabulosa Beauty Product
Transcript: Fabulosa Beauty Products COMPANY LOGO Shian Moulton and Josie Gonzalez Fabulosa Beauty Products INTRO Shian Moulton and Josie Gonzalez 12 / 14 / 18 Period 2 1 Table of Contents Table of Contents Executive Summary - 3 Business Description - 4 Overview of Business - 5 Legal Form - 6 Mission Statement - 7 Management Team - 8 Product Description - 9 Description of Good or Service - 10 Needs Met/Problem Addressed - 11 Uniqueness - 12 Barriers & Solution Plan/Market Analysis - 13 Market Size and Potential Growth - 14 Target Market - 15 Competition - 16 Marketing - 17 Plans for reaching goals - 18 Marketing Mix - 19 Price - 20 Promotions - 21 Bibliography - 22 2 Executive Summary About 3 Business Description Business Description We are Fabulosa beauty products. We are a company that focuses on expressing the inner beauty of fellow citizens by taking their most desired designs and bringing them to life in a quick, timely, efficient manner. This business was founded because everyone is always rushing around trying to get to places while trying to make life as normal and calm as possible but sometimes you just don't have the time to pamper yourself like you used to. We are not only a product for adult females but we are available to any age, gender, or social class available. We are currently based in California which we would later like to become a worldwide company known for our quick beautifying products. Fabulosa is now creating its line of Quick beauty products that give you the feel of relaxing pampering, fit into your busy schedule in a timely manner. We are currently renting an office space in California, around the $3,230 per month price range, that will be used for constructing the product in the back of the printers in the back with the testing stations and products upfront that are available for sale. Utility costs for the place run around $117.04 with labor cost around $800 per month. Product costs will run about $130. Advertising is about $6.70 per month on Instagram which we will later invest into other social media companies for an advertisement on their sites. 4 Overview of Business Overview of Business 5 In about ten to twenty years we see our company flourishing as technology advances and it will become a world wide product as well as have other products within the quick beauty line, thing that do you make up for you, or even do your hair. Our company not only is unique but is aimed at assisting the working class. Most products of this type are aimed at the higher social class, the class with money to spend on devices that cost $800. Our product fits into the busy schedule of working citizens as well as gives the consumers the opportunity to express their inner beauty. We are different from the rest because we are a company that isn't looking for the money but we are looking forward to helping people achieve the beauty they have always wanted with an affordable option. As nails are becoming more an essential thing that people like to have done we project that about 100 people will buy our product due to the large population in California of working class people as well as this being easy to use. With past nail printers people claimed they weren’t easy to understand for children and where they were supposed to place their fingers to accurately print the design. However our product senses the place of your fingers and accurately prints the design based off of your position. If 100 people buy the product our projected says are around $15,000. Shian and I are both Co- CEO’s of the company each owning 50% of the company with both of us inputting 1/2 of the costs for rental space, labor cost, etc. We are willing to offer up 15% of our company for an exchange of $400,000. With this money we will use it for labor and production costs. Legal Form Legal Form 6 Fabulosa’s main goal is to help anyone let their inner beauty show while being timely efficient as well as being an accessible and affordable resource. Mission Statement Mission Statement 7 Shian and I are both Co -CEO's of the company. We split the costs and profits 50 - 50 including labor costs, production costs, etc. Management Team Management Team 8 Product Description Product 9 Description of Good Description of Good Quick Beauty - a fast and efficient nail printer that paints any design desired onto nails in a matter of minutes 10 Problem Addressed Problem Addressed 11 Have you ever been in a situation where you are going somewhere fancy but are working and don't have enough time to do your nails for the special occasion well this device is portable, quick, and easy to use. Uniqueness Uniqueness There aren't many Nail printers on the market that are as accessible as our product. Our product connects to almost any portable device with Blue-tooth technology that allows you to pick any design desired to be painted on your nails in almost any location. 12 Nail printers are now becoming a bigger product due to the increase demand for technology related
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