One of the things I spent time on this week was the cover letter for the storefront project. The purpose of the cover is to summarize what is said in parts 1-6 so that Mr. Gladstone has a general sense of what our proposition is. It is kind of like an introduction paragraph in an essay.
Another thing that I did in class this week was a case study in preparation for the case study that I will write for the midterm. It was a lot harder than I expected; There was a lot of critical thinking involved and I felt like I didn’t have enough information to know what solution would be best for the company. I do believe that it will be easier to write my own case study based on the $200 assignment because it will be based on my own experiences.
Another thing that my group did this week was try to sell our water bottles. We only sold two which isn’t enough considering that we need to finish selling by next week. I think the reason that we didn’t sell a lot was because we had a very confusing flyer that had many different prices. I tried to sell to a group of people and each one of them told me that a different member of my group said that the bottle was cheaper than the price that my group agreed on; This was frustrating because they seemed interested but they thought I was charging them extra. My idea for selling enough bottles to make a profit by the end of next week is to talk to Mr. Marcus and see if he will buy most of them for a discount; This would get the inventory out of our hands which is important since the deadline is fast approaching.
Your idea to work with the school store is a good one, but you'll have to work hard to convince Mr. Marcus that these bottles will sell. Otherwise, he'll be taking a loss. If you're not able to sell them by actively marketing them, I'm not sure he's going to want to take this risk. I'm disappointed that you guys weren't able to iron out the pricing issues beforehand. That seems like something you should have resolved.
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