PRODUCT AND SERVICES

(Name) offers a broad range of handicraft made products, specifically made from different four
(4) kinds of yarn or better known as crochet products. (Name) caters all of its customers by
providing them a different kind of crochet products that they can use on a daily basis.
The owner of the store is planning to give a chance the customers whether they want the
design of the item to be customized or not. They also given the chance to choose what are the
color and thickness of the materials they want to use for their item. Thus, if they choose the
item to be customize, the store must give the customers a reasonable amount of time to
produce the item they order from the store. The duration of process will be depending on the
type and size of the design of they will choose. On the other hand, the owner will display non-
personalized products on their store and sell it.
In addition, the owner is planning to have a physical store where the customers can see some
of the finished product that they were selling and pick up their orders. And also the owner gives
the customers a shipping option, where the customers must shoulder the delivery fee.
The customers are ensured that the company partners have reasonable return policies and
possess the necessary skills to produce the goods. We'll make sure that our goods are of the
highest caliber and welcome customers.

MARKET GROWTH
In this part of our study, we show the number of total population of Sampaloc, Manila from the
past 2 years and also its projected population in the next 3 years. According to the PSA the
current population of the Municipal has increased from 388,305 to 411,282 which results to a
growth rate of 5.5% from the last census.

YEAR POPULATION Market AGE TOTAL

Acceptability DEMAND
2020 388,305 95.9% 16 - 25 186,192
2021 406,841 95.9% 16 – 25 195,080
2022 411,282 95.9% 16 – 25 197,210
2023 415,457 95.9% 16 – 25 199,212
2024 419,378 95.9% 16 - 25 201,092
2025 423,021 95.9% 16 - 25 202,839
Note: Total Population × Market Acceptability × 50% Annual Consumption