New product proposal

Prepared By: [Name of Name of Company A]

Prepared For: [Name of Company B]

Cover Letter:
[Name of Recipient]
[Name of Company B]
[Address of Company B]
Dear [Name of Recipient],
The production and design department of [Company A] has designed new products
that [Company B] would be interested in. Company B can easily incorporate these
new products into their [Name of Category] category, in order to gain more
attention of the market audience.
The new products will allow Company B to maintain its popularity and provide
newer design of [Product category] to the target audience. This can also be used as
a competitive advantage over other similar businesses. The variety in products will
attract the different kinds of consumers.
If you have any queries regarding this proposal, please contact us on [email
address].
We look forward to your reply.
Sincerely,
[Name of Sender]
[Job Title]
[Name of Company A]
[Contact Details of Company A]

Business Overview
[Details of business and how it was formed]. [Name of Company A] was founded by
[Name of founder(s)], in [Year]. The purpose of the company is to provide
consumers with products that provide more convenient ways of completing daily
tasks.
After operating the business as its own brand, the company received an offer to
manufacture products for another business. In the next few years, [Name of
Company A] closed its own local store and started providing its services to other
established brands.
Currently, the company has been divided into 3 other companies. These three
companies all design and manufacture products for other brands. Our portfolio is
available for viewing on our website [www.xxxx.com].

Executive Summary
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The concept of [Product Name] is to decrease the time it takes to get the [task
specific to the product] done. The increasing stress of everyday life can only be
stabilized by using products that are speed up the process of daily life tasks.
[Provide a brief summary of the products and the need for such products].

Products Details
[Description of products and their uses].

Market Analysis
[Overview of the current and expected future market trends.] The current market
has been providing a very small variety of choices for consumers when it comes to
[product name]. Due to it being a new concept in the daily use items, the
consumers have yet to figure out how to incorporate the product in their lifestyles.
However, due to the expected amount convenience the product is expected to bring
to the consumers life, the product will soon become a common item used in
everyday tasks.
Furthermore, the variety in design allows the consumer to use the product for
different occasions, such for both formal and informal. Moreover, the product is also
child-friendly and comes in different size and design according to different age
groups.

Manufacturing Expenses
[Detailed summary of the costs for manufacturing of products for example, cost of
materials, cost of production and machinery etc.]
Product 1:
Product 2:
Product 3:

Approval
This proposal has been designed to provide you with an overview of the products
and its production. In order to further discuss the details of the proposal, please
contact us on the provided contact details.

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