Sunday, March 28, 2010
It all leads up to the TRADE FAIR
The Trade Fair!
This is the thing that is was talked up the most by all the other students who previously took this class. It is what the whole cycle leads up to as well as your final moment to showcase and sell your products. It is how you win or lose a cycle. Our trade fair was in the basement of Andrews Hall and started at 9:30am. Our corporation got there at 8am to make sure that our booth looked right. We had a tri-fold poster board that was our main attraction. Then had Gatorade with our logo down the right side. We had our brochures and my business cards(as the sales manager) sitting out in front of the poster board. Then we had a basket with trail mix and peanut butter crackers in it to entice some more customers to come to our booth. We also had receipts to give to each customer as they bought on of our packages.
Our biggest problem as a class:
Our biggest problem as a class was that the G.C.B. invited a lecture class so we received many more customers that we thought we would. The good thing about this problem was that we discussed it before it actually happen. This is when our teacher A.J. decided that we could have back up orders to sell when we sold out of all of our first products but we had to sell all of both of our packages before we could start selling our back up.
This is when our problem as a corporation came in:
Because we could only sell the back up once we sold our first products this meant that we had to sell all of our pairing package and for some reason we under estimated how many of the Extreme Package we were going to sell. It sold too fast and then we started selling the back up before we sold our original pairing packages. So then we started to push for our customers to by the pairing packages so that we would be able to sell all of them so we would not get penalized for selling some of our backup before we sold our original.
We ended up doubling our original packages that we had bought. I believe that although we did not get first at the trade fair we performed well as a team and learned how to evaluate and persuade customers.
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