Becca s bows
This presentation is the property of its rightful owner.
Sponsored Links
1 / 20

Becca’s Bows PowerPoint PPT Presentation


  • 98 Views
  • Uploaded on
  • Presentation posted in: General

Becca’s Bows . By: Rebecca Macareno Period 2. Becca’s Bows  . Commercial. http:// www.youtube.com/watch?v=Rx2xjzZ9oOY. Magazine Ad. Becca’s Bows Makes Life Better . Why bows?. Perfect competition vs. Oligopoly Too much food competition Produced a differentiated product

Download Presentation

Becca’s Bows

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Becca s bows

Becca’s Bows

By: Rebecca Macareno

Period 2


Becca s bows1

Becca’sBows 


Commercial

Commercial

  • http://www.youtube.com/watch?v=Rx2xjzZ9oOY


Magazine ad

Magazine Ad

Becca’s Bows Makes Life Better


Why bows

Why bows?

  • Perfect competition vs. Oligopoly

    • Too much food competition

    • Produced a differentiated product

    • There wasn’t much bow competition

  • Making bows is fun

    • It wasn’t stressful making

  • Easy to sell to my consumers (girls)

    • I didn’t have to bug them to buy some


The bow s purpose

The Bow’s Purpose

  • Make girl’s hair fun 

    • In an inexpensive way

  • Make them more confident about their hair

  • Share the gift of bows


My goal

My Goal

  • I wanted to make back at least half of the money I spent on supplies (ribbon, hair ties, etc.)

  • I wanted to create a good credibility

    • My costumers create hype

    • My costumers become loyal

  • I wanted to have fun in the process 


Demand schedule

Demand Schedule?

  • Pricing…

    • Not a lot of people were producing bows so I was able to create the price

    • If there was more competition, I would change the price


The cost

The Cost

  • 1 ½ wide & 12 ft long

  • Hot pink ribbon

  • 1 ½ wide & 9 feet long

  • Light pink ribbon

  • Pink thread

  • Needle

  • Hair bands

    • Total cost: $4


The labor

The labor

  • 8 minutes to..

    • Form the bow

    • Prepare thread and needle

    • Sow to the hair band

    • Do finishing touches


Oligopoly

Oligopoly

Small number of sellers

Large amount of market power

Price maker


Effect on the profit

Effect on the Profit

  • Since I was able to create the price..

    • My business was very cost-effective

    • Cost to produce bow $.15

    • Profit was $1.85 per bow


Costumer reviews

Costumer Reviews

  • 95% costumer satisfaction

    • 1 mishap (a hair tie broke)

  • Most would recommend the bows to a friend

  • Most would buy bows again


Sole proprietor

Sole Proprietor

Advantages

Disadvantages

Unlimited liability

Responsible for all the business’s losses

I had to do all the labor

  • One person in charge (Me)

  • Easy to manage

  • Did not have to share profit with partners


Why not another business organization

Why not another business organization?

  • Partnership “Bands and Bows”

    • My partners did not put in work

    • I created all my bows

    • They did not create their headbands

    • I wanted all the profit

  • I decided to leave them


Success or failure

Success or Failure?

  • Success..

    • It cost $0.15 for each bow plus 8 minutes

    • Profit of $1.85 per bow sold

    • I did not have to share profit

    • It was lots of fun


Real world

Real World?

  • I would compete in a monopolistic competition..

    • Hire more workers

    • Increase the supply of needed material

    • Make normal bows and specialize in holiday bows


Do you want a bow

Do you want a bow? 

  • Catch me around school

    • What type of bow?

    • Color?

    • Size?

    • By when?

    • Cost? $2


  • Login