Sunday, January 11, 2015

Class Post 4

The first week back from break is always less productive than most other weeks of school. Everyone is fresh off two weeks of relaxation and there is no real drive for productivity. Additionally, with two weeks off it takes a couple of days to get operations back to running full speed. We spent most of this week just tidying up details and getting reorganized in both the two hundred dollar and storefront project. 
For the two hundred dollar project, since it is after the New Year our prime time of higher need for calendars has expired. People have bought the calendars they plan on using for 2015, so for the most part our calendars would just be extra. Even as we approached the New Year, it was clear to see our calendars weren’t selling at the rate we expected. Coming back in 2015, we realized that we needed a price cut to make the calendars seem more appealing and to hopefully increase the rate of selling them. We broke profit before the winter break so we aren’t as concerned with making money as we are with simply selling the rest of the calendars. We are continuing to sell the calendars and have class blocks along with lunch blocks set aside to sell them in the upcoming week.

For the storefront project, we really focused on the fine-tuning and details this week during class. We had completed all of the hard work before break, and had to focus on putting it together into a nice organized packet for the bank. We wrote an overview and combined parts one through six to make up the packet. After reading it through for errors and adding flow to the packet, we sent it off to Mr. Gladstone at Citizens bank for him to review. Overall, it was a good first week back and we hope to build on it in the final two weeks of these projects.

1 comment:

  1. Make sure you get as many calendars sold as possible. They are of no use to anyone if they just sit around, so if this means you have to have a fire sale (cutting the price drastically to clear inventory), go for it. Better to make a few bucks off of a few than to lose your entire investment. Sell!

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