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Entrepreneurship 7/7/2023

ACTIVITY #1
COMPLETE ME. Complete the table below by supplying it with products that you consider similar. Write
the product and not the brand in their respective columns. Then describe and differentiate its
characteristics and uses.

No. Primary Product Substitute Product


(Product name) (Product name)
Ex. Butter - expensive price used as bread Margarine – lesser price also used as bread
spread. spread.
1. Olive Oil - expensive price, used for Palm Oil - lesser price, also used only for
cooking and ingredients for food, it is cooking and contains saturated fats than can
healthy and contains monounsaturated raise a person's cholesterol.
fats that can improve the blood profile of
blood cholesterol.
2. Apple Cider Vinegar - expensive price, White Vinegar - lesser price, also used for
used for cooking, cleaning, and to lower cooking and cleaning.
blood sugar levels of a person.
3. Fresh Milk - expensive price, used as an Powdered Milk - lesser price, also
ingredient or for drinking consumption. It used for ingredient or for drinking. It doesn't
needs to be stored on a freezer to prolong need to be in a cold environment and has a
life span and not spoil. long shelf life.
4. Mineral Water - expensive drinking Purified Water - cheaper drinking water.
water.
5. Deodorant - expensive price, used to Tawas Powder or 'Alum Powder - lesser price,
minimize the odor on the underarms. also used to minimize the odor on the
underarms.

ACTIVITY #2
Give at least 5 products being advertised or promoted on television. Evaluate each one according to its
USP, VP and method of segmentation used, customer requirements, and who are the customers.

Product USP VP Method of Customer Target


Name Segmentation Requirement Customers
s
Ex. Jollibee Langhap Sarap Filipino taste Psychological Service & All people
burger Output
1. KFC Finger Licking Good Filipino taste Psychological Service and All poeple
chicken joy Output

2. Mang "Unli Rice" Ihaw sarap Demographic Service and All


inasal Chicken Output poeople

3. Rebisco "May pasobra dahil Delicious psychological Output All people


special ka" crackers

4. Nescafe "Babangon tayo, It all starts Geographic, Output All people


susulong tayo" with Nescafe Demographic,
Psychological

5. Biogesic "Biogesic Effective, Trusted quality Psychological Output All people


Maingat health care
magpagaling"

Jean Hycinth B. Torrerit


G12 – Benedict, STEM

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