In Class C4E Week 5

This past week my group’s main focus was on selling water bottles. Going into this week, we had about $20 of sales; we needed to sell $160 of water bottles to break even so we had a lot of work to do. Our plan was to sell them to Alex the Trainer and the School Store wholesale but they didn’t respond. When we tried to sell to people individually it rarely worked. Peter and Jessica went to a basketball game on Tuesday to try to sell bottles there but nobody bought one. It looked like we wouldn’t break even. Jessica had booked a table to sell at lunch on Thursday a few weeks ago. I didn’t think it would work but it was our last shot so Noah, Nitzan and I sold during first and second lunch. During first lunch our bottles weren’t really selling so in between the two lunches, we lowered our prices from $7 to $5. It was those two dollars that made a big difference. I think we sold about 20 bottles during second lunch alone which allowed us to barely break even.

Another thing that my group worked on this week was the presentation of our storefront proposition. We did a practice presentation on Thursday in front of Mr. Fischer in the BATV theater. I thought it went fairly well considering the fact that we didn’t have time to revise the slides or clarify who was presenting which slides. We did have a few mistakes on our slide but we fixed them. The only thing left for us to do is to rehearse as much as possible between now and next Thursday so we can impress the banker and get the $50,000 to start ImagiNation. This project is a culmination of all of our work this quarter so I hope it goes well.