Friday, 30 September 2016
Thursday, 29 September 2016
Product Photography
As we only had our photographer for an hour we had to choose our favourite background for her to photograph on so the other backgrounds we had to do ourselves. They didn't turn out that bad, after editing they should be good. We tried to take some photos of the product in use however they weren't as good. If we continue this project past hand in into a proper business this is one of the first things we need to lock down.
Wednesday, 28 September 2016
Tuesday, 27 September 2016
Packaging Development
Through the development of our packaging we came through several barriers that we had to overcome. We struggled to figure out how to make our packaging bright while still being able to add text. Fortunately we decided to use stickers so that we can use the bright patterns while still having text. The three layers work really nicely together too.
Monday, 26 September 2016
Sunday, 25 September 2016
Wednesday, 21 September 2016
Monday, 19 September 2016
Week 9
- Product image on the 1 pager
- How are we going to sell the product? If we're selling online, do we also sell through online retailers as well? What's our marketing scheme? Do we use product endorsers? Bloggers, Instagrammers, YouTubers?
- Need to do product photography; product layout, product use.
- Look more into product competitors and their pricing. Percentage of the market/market share.
- Think about shipping and import tax etc
- Hierarchy for packaging!
- Print out competitors packaging and compare to ours.
- Mock up the website.
- Look into BCorp more
- Know exactly how you will empower Bougainville through employment.
Saturday, 17 September 2016
Capital Requirement through crowd funding
Stage 1
Initial start up cost are based on importing 1 Tonne of Raw Organic
Ingredients from Bougainville via Papa New Guinea to New Zealand
Ingredients per Arawa bar:
Cocoa Butter- 40g Cocoa beans- $2184 (600kg @ $3.64/kg)
Raw Sugar- 30g Raw Sugar- $ 600 (300kg
@ $2.00/kg)
Cocoa Husks- 10g Coconut-
$ 100 (100kg
@ $0.96/kg)
Cocoa Powder- 10g
______
Coconut Copra- 10g Total $2880 =
1000kg
____ Plus Freight $ 112
Total 100g GST $ 448
______
Grand Total $3440
One Tonne (excluding waist) = 10 000 Arawa Bars
Labour:
Based on 5 Employees @ rate of $18/ hour
5 x Employees Produce 10 Arawa Bars every 5 minutes
Result is 10 000 Arawa bars takes 5000 minutes to make
Total Labour:
5 x $18/hour = $90
Time to make 10 000 bars = 83.33 hours
Grand Total $7499.70
Moulds:
Estimated cost
$ 200
Printing:
Based on 10 000 one side prints $1030
Advertising and website cost:
Rough estimate
$10 000
Premises:
Estimated small factory space @ $600/ week for 20 weeks $12 000
__________
Required Crowd funding capital $34
169.70
(Fees for improving products and meeting industry
standards not included)
Cost per Arawa Bar $ 3.42
Mark up (200 percent) $ 6.84
_______
Total trade price $10.26
Recommended Retail Price $20.52
Profit after sales to Trade
stores (based on 10 000 bars) $ 68 400
Profit after sales via Web
site (based on 10 000 bars $171
000
Wednesday, 14 September 2016
Response from Trade Aid
Thank you very much for your email, it sounds like a great project to work on. Please find information below on the requirements that Trade Aid would need to be satisfied in order to set up a trading relationship.
In general there are two main parts to our criteria for taking on new partners.
1. Trade Aid is a member of the World Fair Trade Organization (www.wfto.com) and is committed to working within this system. We have a criteria that needs to be fulfilled for us to take on new partners and this can be found as a link from the Trade Aid webpage: http://www.tradeaid.org.nz/ index.php/pi_pageid/95 which also has other useful information on our partnerships. The direct link to the criteria is here: http://www.tradeaid.org.nz/ Who%20we%20are/Trade%20Aid% 20trading%20partner% 20criteria.pdf
2. In addition, in order for us to take on any new groups, the product would have to be unique to any we already have in-store, and for us to feel that there is a sustainable market here in New Zealand for the product. In this way, an exfoliating product would probably be considered sufficiently different from the body products we already have in-store however, our main concern around the product itself would be its pricing. In our experience with products from the Pacific it is very difficult to get them here at a price point that New Zealanders are willing to pay for them. For us to take on a new product we have to believe that we will be able to sell it on an ongoing basis rather than a one-off fundraising type product which can hold a higher price point. We are aware that both the transporting of product from the Pacific and manufacturing in NZ carry high costs. Within NZ there are options to sell to Trade Aid Importers who can distribute products around New Zealand to our chain of shops which carries a wholesale margin, or the option to sell directly to shops which reduces the margin required but increases distribution costs and capacity required from you.
Finally, the structure that you propose appears to sit outside of the structure we choose to work under as a fair trade organisation. It is difficult to see how we would be able to apply the ten fair trading principles to your collection system if you are not working directly with any one producer group. We like to set up direct trading relationships with producer groups themselves, and we prefer initiatives that have been generated by the community that benefits from it, in order to enhance its chance of becoming a sustainable solution for change within communities. However, there is a little bit of flexibility in regards to the structures we work within in recognition of the lack of a one size fits all solution for alleviating poverty.
Please feel free to contact us again if you have further questions, or if I have misunderstood any of the information contained in your email.
Nga mihi nui
Michelia Miles
Monday, 12 September 2016
Packaging Development
We thought for a natural look we would work with a woodcut printed look. Testing out some colours and textures and patterns.
Friday, 9 September 2016
Monday, 5 September 2016
Week 7
- Money - Think about budget, do we need help with this? Is this what we need? Think realistically. Estimates 2 months, years. Packaging costs?
- How much to make, how does that retail, how many units to turnover for profit, when will we see a return?
- Logo
- Social Media
- We need a mentor as well as money.
- What is our greatest risk, cover this in the presentation, show we're thinking about it.
- Use graphics to talk for you for our complex story, show the story on the packaging?
- Think about how the user will engage with the product, will this change the packaging?
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