SPECIAL TOPICS IN FINANCIAL MANAGEMENT

FIN 116
ACTIVITY 4/PRODUCT ANALYSIS

COMPANY NAME: 𝐽3 AC Partnership

I. BUSINESS DESCRIPTION:

𝐽3 AC Partnership is part of the manufacturing industry that transforms raw materials into goods
using manual labor and machinery. Our business is specifically part of the cosmetic and personal
care industry. We are a manufacturer of facial pad that is made from bamboo.

PRODUCT DESCRIPTION:

𝐽3 AC Partnership, a pioneering manufacturer in the beauty industry, presents its

innovative line of bamboo facial pads. These pads are meticulously crafted using premium
bamboo materials, including bamboo fabric, fiber, and yarn. The facial pad can be used as a make-
up remover, for cleansing, applying toner, and other possible applications similar to how the
cotton pad works. Suitable for various skincare multi purposes, accommodating all skin types
with its non-toxic and gentle cleansing properties. The inclusion of a cotton mesh bag enhances
its practicality for storage. Beyond its versatility, the bamboo facial pad boasts cost-effectiveness,
durability, and travel-friendly attributes, encouraging the adoption of an eco-friendly skincare
routine.

ANALYSIS
Analyze your proposed product in your feasibility study by creating questions related to the
criteria of product analysis. You may ask experts or professionals, members of the general public,
potential customers, or groups of people to elicit an unbiased opinion about your product. The
goal of this analysis is to determine flaws in your current product design and create a new concept
that can capture or attract more customers.

Ergonomics
Q.1 Do you think the facial pads is in the right size? Does is it feel compartable when you
using it in that size?
Answer.
I believe the size of the facial pad is appropriate; it aligns with the sizing of most pads I typically
purchase. I haven't experienced any irritation while using it, and my comfort level remains
consistent with other products I've tried. The size seems to be a common and comfortable
choice for facial pads in my routine, contributing to a positive overall experience.

Cost
Q.1 Is the price of the bamboo facial pad (200 per pouch) affordable for you?
Answer.
Yes, the price of a bamboo facial pad is affordable for me because I have enough money
to spend, and I usually use facial pads, so it would be nice to try.

Q.2 Do you think the price of the product can compete with other facial pads available in the
market?
Answer.

Aesthetics
Q.1 What do you think of the appearance? Does it pique your interest when you see it in a
store?

Answer.
The simplicity of the facial pads' appearance aligns well with their disposable nature,
considering they are intended for single-use and eventual disposal. However, given their
straightforward design, an eye-catching and well-designed packaging becomes crucial to attract
customer interest. An appealing packaging design can enhance the product's market appeal and
create a positive impression, even for disposable items.
Construction Method
Q.1 Do you think that our product are well made? Is it easily damaged?
Answer.
The facial pad exhibits excellent craftsmanship, showcasing resilience despite being disposable.
Surprisingly, it maintains durability and doesn't easily incur damage. This noteworthy sturdiness
adds to its overall value, making it a reliable and long-lasting choice despite its disposable
nature.

Client Requirements
Q.1 What do you require or your basis in buying a facial pad?
Answer.
Effectiveness is a primary consideration, and if the bamboo-based facial pads prove to be
effective, it becomes a compelling reason for purchase. Cost is a factor as well, and while a
slightly higher price may be acceptable for a superior product, it's crucial to weigh the balance
between effectiveness and cost. If the cost becomes too high, exploring substitute products
with comparable effectiveness could be a reasonable approach for occasional use.
Health And Safety

Q.1 What specific health and safety aspects are important to you when considering a bamboo
facial pad?
Answer.
When considering a bamboo facial pad, it is important to me that the bamboo used is
sourced sustainably and without the use of harmful pesticides or chemicals. I also want to ensure
that the pad is hygienic, free from bacterial growth, and suitable for all skin types. Additionally, I
prefer products that are hypoallergenic and free from harmful substances such as phthalates,
parabens, or artificial fragrances.

Q.2 Do you have any specific concerns about the manufacturing process of the bamboo facial
pad and its impact on health and safety?
Answer.
I don’t have any specific concerns about the manufacturing process of the bamboo facial
pad at the moment. However, I would appreciate transparency and information about the
manufacturing process to ensure that it meets health and safety standards. Knowing that the
product is manufactured with care and attention to detail would increase my confidence in its
quality.

Colour And Texture

Q.1 Would you be interested in a bamboo facial pad with a unique texture that offers additional
benefits, such as gentle exfoliation or improved absorption of skincare products?
Answer.
Absolutely, I am always interested in skincare products that offer additional benefits. If a
bamboo facial pad has a unique texture that provides gentle exfoliation or improves the
absorption of my skincare products, I would be very interested in trying it out. It would be great
to have a multi-functional product that enhances the effectiveness of my skincare routine.

Q.2 Are you looking for a bamboo facial pad with a specific texture that suits your skin type or
skincare routine? If so, please describe your preferences.
Answer.
Yes, I am looking for a bamboo facial pad with a specific texture that suits my skin type
and skincare routine. I have sensitive skin, so I prefer a soft and gentle texture that doesn’t cause
any irritation. I would also like a texture that allows for effective cleansing and application of
skincare products without being too rough on my skin.

Materials

Q.1 What do you think of using bamboo as a material for making a facial pad?
Answer.
I find that trying out new products can be exciting and adventurous. It's understandable to have
some concerns about using bamboo facial pads, given that they are less common than other
materials. However, experimenting with new options can lead to pleasant surprises. It's always
worth trying something new, and you might just find that bamboo facial pads work wonders for
your skincare routine.
Environmental Impact

Q.1 Will you be interested in our product that promotes environmental sustainability?
Answer.
Yes, it would be very helpful for the environment and to all of us if products like yours are
promoting environmental sustainability. More and more eco-friendly products are available now
so your product will attract customers who are planning to be environmentally – conscious, like
me.

Q.2 Any advice on how we will inform customers about our environmental plan?
Answer.
It would be great if you would have your corporate social responsibility wherein people
will be informed about your plan on how will you give back to the community. If you do that, it
will not just improve the image of your business but also increase your sales
II. RESULTS
Summarize the results of your analysis.
The facial pad's size aligns well with the preferences, providing comfort without irritation.
Affordability makes the bamboo facial pad an appealing choice, but it's suggested to consider
lowering the price to cater to a wider audience, particularly students without a steady income.
The facial pads' simple appearance suits their disposable purpose, emphasizing the importance
of eye-catching packaging for customer attraction. Despite being disposable, their excellent
craftsmanship and durability contribute to their overall value, offering a reliable and long-
lasting option. Effectiveness is a key factor in deciding on bamboo facial pads, and if proven
effective, it's a strong incentive for purchase. Balancing cost against effectiveness is crucial,
with a willingness to pay slightly more for a superior product. Sustainability, absence of harmful
substances, and hygienic qualities are paramount considerations, emphasizing a preference for
hypoallergenic, chemical-free options in a bamboo facial pad. I don't have specific concerns
about the bamboo facial pad's manufacturing process, but transparency and information are
crucial for ensuring health and safety standards compliance. Knowing that the product is
crafted with care and attention to detail would enhance my confidence in its overall quality. I'm
intrigued by skincare products offering additional benefits, and a bamboo facial pad with a
unique texture for gentle exfoliation or enhanced product absorption catches my interest.
Seeking a multi-functional product aligns with my goal to elevate my skincare routine's
effectiveness. Considering my sensitive skin, I'm specifically looking for a bamboo facial pad
with a soft and gentle texture for effective cleansing and product application without causing
irritation. While there may be initial concerns about bamboo pads, I find trying new products
exciting and believe experimentation can lead to pleasant surprises, making it worth exploring
the potential benefits of bamboo facial pads in my skincare routine. Promoting environmental
sustainability in products like yours is crucial and appeals to customers, including
environmentally-conscious individuals like myself. Incorporating eco-friendly features enhances
your product's attractiveness in a market increasingly focused on sustainability. Consider
implementing corporate social responsibility initiatives, informing people about your
community-focused plans, as this not only enhances your business image but also has the
potential to boost sales by resonating with socially responsible consumers.
III. NEW PRODUCT CONCEPT
Using the results of your analysis, create a new product design that will capture the interest of
your target market. Draw the latest concept in the box provided below and write the description
in the space provided.

The updated Bamboo Facial Pads have been resized to offer customers an even more optimal
product, while concurrently, a slight reduction in cost has been implemented to make it
accessible for those with variable income sources. Additionally, the packaging will now include
supplementary information, assuring customers that the materials and production processes
are entirely safe. Furthermore, we are introducing facial pads with an enhanced level of
gentleness and softness, ensuring an unparalleled user experience without compromising their
effectiveness in any way.
Group Members

• De Vera, Jhomar F.
• Bertulfo, Charisse Norvi
• Aure, Angelo
• Medida, Joana
• Galo, Denie
• Persia, Jayson