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Transcript of daniel_bautista_uphonego_schurz2
Problem Solver Being able to record moments when your
hands are fullNot needing to waste your money on
extras camerasSharing your activities right away
SolutionsSatisfies the want to not waste money on
another camera.Uses the phone the customer already has
What is UPhone-GoA Chest Harness which you can
attach your phone too. A cell Phone accessory For the physically fun activities
Business ModelDescription of Expenses
Variable Material Expenses
Total: $2.40
Case $0.80Chest Harness $1.50
Clips $0.10
Fixed Expenses
Total: $1199.00
Salaries $1000Insurance $25
Advertising $30Utilities $144
Economics of One UnitSelling Price $40.00 Cost of var. materials exp. $2.40 Cost of labor $2.50 Other variable costs $1.69Total COGS/ COSS $6.59Contribution Margin $33.41
Definition of One UnitA cell phone accessory that records from
point of view
Monthly Break Even Units$1199.00
= 35.86 ≈ 36$33.41
[Market Analysis]Description of Target Consumer
Demographics Geographics
Females and Males ages 10-50
UPhone-Go is located in the area of 60641 inside the community of Portage Park. Portage Park is located in the Northwest side of Chicago, Illinois.
Psychographics Buying PatternsThe customers are people who are active and like recording their hobbies. Some attitudes from our customers are being able to live life to the fullest
Usually people with smartphones like to upgrade their phones at least once every 3 or 2 years
Total Population
Target Market Population
2.715 million
Target Market Size
Market StatisticsIndustry Name:
Cell Phone Accessories
Annual Industry Sales:
Over $100 million
500,00
A website for UPhone-Go planning to make it UPhone-Go.com
Loyalty BenefitsPrizes, Advertisement of customer Videos,
MembershipSocial Media
Marketing and Sales
[Competition]UPhone-Go Miveu GoPro
Price $40 $99.99 $399.99
Product Product made for most smart Phones
Limits target customers to iPhone users
Not for cell Phones
Placement Located in Chicago ,Illinois
Located in New Hampshire
Located in San Mateo, California
Your Competitive Advantages1. Price of the product is cheaper2. Product itself is for most smart phones 3. Located in the one of the best logistical states in the U.S
Sales Projections
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec0
50
100
150
200
250
300
12585 76
96117
165123
98
170
85110
250
Units Sold
Total Units$ 1500
Gross Revenue$60,000
Net Profit$39,483.28
Future Plans• First 3 years
1. Get on the Map2. Team Up with a Mass Manufacture for cheap. 3. Get the Product into local stores4. Expand Employees
• After 5 Years 1. Team up with Athletes to promote product2. Team up with Cell phone companies to sell them 3. Get the product into big name stores
• After 10 years1. Create charity events for Breast cancer, Alzheimer's Diabetes and
more 2. Create an after school program for kids