VII.

Target Market

The Researchers target customers are the student, teachers and those people who

will contribute to purchase the entrepreneur’s product among Olivarez College. Those

customers will meet their expected product that they will think it will make them full.

During bazaar there are lot of stalls and they become the proponent’s competitors

even though there is a variety of products, but the market share divided among

entrepreneurs. There are a lot of customers who might avail the products, but The

Entrepreneur is just near apart from the competitors, they might attract the customers or

maybe hindrances their product. While the researchers innovating their products, some of

the entrepreneurs possible that they will innovate their product too and become

competitors.

On the first month of bazaar, customers really appreciate different kind of food

and the entrepreneurs’ product is slowly known as it is their first time selling their

product. Customers already known the product on the second month of the event,

proponents start to innovate their product as well as their way of serving. On the third

month, the entrepreneurs’ best-selling food is more popular than the last 2 months and

customers love it.

Competitors may see the proponents’ way of making the customers interested to

the product. For the proponents to survive the competition the enormous way for them

are to innovate their product but because competitors notice that the entrepreneurs

innovate, they also find it helpful, so competitors also start innovating. Yet, the

competition is still there, but the difference of the entrepreneur to the competitor is the
business itself, the uniqueness of the product and the creativity of serving of the

proponents may attract its customers.

For the efficient technique that might help the proponents to expand their

business, this way must be timeliness and accurate. Researchers conduct a contest that

seems to be more familiar and fascinating to customers. Entrepreneurs use social media

competition because these days, people actually more on socializing. Proponents use

boomerang as a marketing strategy, but before the customers join, they must buy at least

one of the product and start capturing the best and cool boomerang. After a week, the

entrepreneurs will declare who will be the winner and shall have the best selling product

that will make the group of three people full.

VIII.Financial Forecast

SALES IN PESOS

Curry Wurst 510 PESOS

Bountifood 1500 PESOS

Shukoy 1125 PESOS

Bite-sized Clubhouse 305 PESOS

CAFE-eling 340 PESOS

SALES PER PIECE

Curry Wurst 145 PESOS

Bountifood 411 PESOS

Shukoy 250 PESOS

Bite-sized Clubhouse 230 PESOS

Kafeeling 200 PESOS

EXPENSES IN PESOS

Transportation 100

Other Expenses 541

Christmas Gift 2000

 INCOME IN PESOS

Income 3780

Capital 300

Net Profit 780

SALES FORECAST
March February January

January

February

March
0 20000 40000 60000 80000 100000 120000 140000 160000 180000

Finally the demand forecast increases due to greater number of customers, the sales of

entrepreneursalso increased. The total sales for the month of January worth 90,000. While for the

month of February, it increased by 40,000. And for the last month, the sales increase twofold and

the total sales was 170,000.