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School Store: An Operating Manual - FBLA-PBL

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<strong>School</strong> <strong>Store</strong> Product <strong>An</strong>alysis<br />

Appendix E<br />

Directions: The purpose of this project is to give you the opportunity to introduce a new product into<br />

the <strong>School</strong> <strong>Store</strong>. As a team, you must complete the following:<br />

I. Determine The Product<br />

A. Describe the item you wish to introduce.<br />

B. What are the features and benefits of this product?<br />

C. Evaluate the product of the following characteristics:<br />

1. Suitable for the <strong>School</strong> <strong>Store</strong>?<br />

2. To what group does the product appeal (target market)?<br />

3. Does it stand up well/wear well?<br />

4. Unique/not a duplicate?<br />

5. Is the retail price within the range of the target market?<br />

6. Is it a good value?<br />

7. Will it provide a satisfactory profit?<br />

8. Is the item properly packaged?<br />

D. What type of product is it? (impulse, or commodity)<br />

E. List the reasons why you think the product would be successful.<br />

F. List the reasons why you think that the product might not be successful.<br />

II. Determine The Supplier<br />

A. List the possible suppliers from which to choose.<br />

B. List the prices for the product from each of these suppliers.<br />

C. Choose a supplier and list the phone number, address, and FAX number of the<br />

supplier.<br />

III. Implement Introduction Of Product<br />

A. Inform class members.<br />

B. Handle training of worker on product.<br />

C. Complete receiving, checking, and marking product upon arrival.<br />

IV. Evaluate performance of product using above categories and make recommendation for the future<br />

sales of the product.<br />

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