322 shirt project

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Team ZCAMP Cahrone Teasdale, Zach Anderson, Aaron Gesmer, Paul Couve, and Matthew Schuerer

Transcript of 322 shirt project

Team ZCAMPCahrone Teasdale, Zach Anderson, Aaron Gesmer, Paul Couve, and Matthew Schuerer

The Numbers:

Construction Shirt:★ # of Shirts Sold: 1★ Price: $12.00 ★ *Revenue: $0★ Profit: $0 when approximating that 50 get sold

Alzheimer’s Assoc. Walk to End Alzheimers Shirt:★ # of Shirts Sold: 7 (4 short, 3 long)★ Price: $13.99(short sleeve) and $15.99(long sleeve)★ *Revenue: $0★ Profit: $0 when approximating that 50 get sold

*We did sell the t-shirts, but we didn’t hit the goal, which would’ve made the cost too high for the buyers

Target Market:

Construction Shirts:★ Initially: individual students★ Final: construction companies

Alzheimer’s Assoc. Walk to End Alzheimers Shirts:★ Walk Volunteers★ Walk Committee Members★ Committee members and volunteers in the South Central WI Chapter and other chapters nationally

Designs:

Selling Techniques:

★ Connections★ Facebook★ Construction Companies★ National AA’s discussion board★ Street Selling next to construction sites★ Script for talking to construction

companies★ Family and Friends★ Put on Kickstarter—but legal issues

Hi, may I speak to a manager?

Hi, my name is Aaron, and I am a student here

at UW-Madison.

How are you doing today?

I’m doing very well, thank you. If you have a

couple minutes to spare, I am calling you

because I am currently enrolled in an

entrepreneurship

course, and right now we are in the middle of

a t-shirt selling competition.

Our t-shirt is a great design featuring the

words “Wisconsin: Under

Construction Since 1848”, and has been very

successful on campus with students,

adults, as well as other construction

companies in Madison. T-shirts are only

$12, and all proceeds benefit Relay for Life

Cancer research, and I am reaching

out to you to see if you would be interested

in a group order for our t shirts.

Challenges

★ Try to meet a want/need★ Make a clear follow up with construction

companies★ Communication with Steve—had to contact him

3 times in a day for him to get back★ Reaching out to individual people rather than a

leader of a group to get bulk orders★ Relying on Social Media for main sales

Lessons/Advice:

★ Guarantees—no “maybes” (don’t fall into “maybe” trap)★ Don’t rely only on connections and social media★ Communication & Time Management is Crucial★ Sell to an Organization or group★ Difficult to sell to businesses/non-profits

THANK YOU!!

QUESTIONS?