Professional Documents
Culture Documents
Product
Our target market are teenagers ages from 13-16 we chose these ages because they have a say in
what they would and wouldnt eat for breakfast.
Questions;
Yes;
No;
10
Waffles
Sweet
Price
Price
$0.20
Cost of Advertising
$0.35
Cost of Distribution
$0.15
Cost of Cereal
$0.70
Cost of Box
$0.32
Added Cost
Sugar Coating
$0.27
Coloring
$0.16
Chocolate Marshmallows
$0.23
Cost Breakdown
Total Production Cost
$2.38
Profit to Manufacturer
$0.31
Cost to Retailers
$2.69
Profit to Retailers
$0.22
Cost to Consumers
$2.91
Promotion
The promotional tool that we will be using would be a commercial. We chose this because most
teenagers watch a lot of TV. We figured that doing a flyer or a radio ad wouldnt catch their
attention as much as a commercial would because they wouldnt actually see the product. The
older generation mostly listens to the radio and looks at flyers so if our target market were adults
that would be one of the promotional tools we would have used.
Place
The place are cereal would be placed would be with the other cereals, crackers, and snacks. We
would put our cereal here because thats where all the sweet snacks are so as they are getting
snacks for their lunches and what not they will also run into our cereal product.