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pp business forever makeup completed 1
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Transcript of pp business forever makeup completed 1
FOREV
ER
MAKEU
P!
“Be forever beautiful with forever makeup”
By: Jennifer Rodriguez and Daneysi Valdovinos
PROBLEM/UNMET NEED The problems we have is many women
can’t find affordable prices to get your makeup done for different events.
Some Women aren’t aware if they’re applying their makeup the wrong way
SOLUTION/HOW BUSINESS FILLS NEED Showing women the right procedure on
applying makeup Affordable prices Using organic products for different
types of skin.
MISSION AND SOCIAL IMPACT Many women have trouble applying
makeup and finding affordable prices, Forever Makeup establishes a high quality service. As a service we provide the equipment, and the employees to encourage our customers to high self-esteem.
DESCRIPTION OF PRODUCT/SERVICE We do makeup sessions or special
events like wedding, prom, homecoming, etc..
Provide makeup to encourage the customer a high self-esteem
BUSINESS MODELDescription of Expenses
Variable Material Expenses
Total: $10.56
Foundation $1.99
Concealer $1.20
Eyebrow Kit $0.60
Eye shadow/ Mascara
$2.70$0.89
Blush/Bronzer $1.200.79
Lipstick $1.19
Fixed Expenses
Total: $20.00
Item
Advertisement
$20.00
Economics of One UnitSelling Price $25.00 Cost of var. materials exp. $10.56 Cost of labor $0.00 Other variable costs $0.00Total COGS/ COSS $10.56Contribution Margin $14.44
Definition of One Unit
One makeup session per person
Monthly Break Even Units$10.56
= 0.73 ≈ 1 unit$14.44
MARKET ANALYSIS
Description of Target Consumer
Demographics Geographics
Teenage girls 14+ Chicago, Illinois
Psychographics Buying Patterns
Women Monthly
Total Population
Target Market Population
2.7 million
Market Size
(based onsurvey)
Target Market Size
Market Statistics
Industry Name: Service Annual Industry
Sales: $77 billion
1,400,172
266,032.68
MARKETING AND SALES Discounts will be provided to each
customer within 3 visits or more. Flyers Social media (Instagram, twitter,
Facebook, Email, etc..)
COMPETITIONForever Makeup
Mac SEPHORA
Factor 1Price
Affordable prices
Expensive Makeup prices
Expensive Make-Up
Factor 2Location
Our service goes to the customer
Customers need to go to the store
Customers need to go to the store
Factor 3Reputation
Our service has long lasting and a huge variety of make-up options along with giving a natural sensation to our costumer.
Long lasting make-up high quality
Variety of make-up options
Your Competitive Advantages
1.Both stores are located across the country. 2.Well skilled in the market and well known.3.Mac and SEPHORA have employees who do free make-up tutorials.
SALES PROJECTIONS
Jan
Feb
Mar Ap
rMay
June Ju
lyAu
gSe
pt OctNov Dec
0
4
8
12
16
Units Sold
Units Sold
Total Units74
Gross Revenue$1,850
Net Profit$1,068.56
START-UP FUNDSItem Why Needed Cost
chairs We need chairs to sit the people and use them while they are waiting for their turn.
$150
Mirrors We need mirrors so the customer can see them self and see what we are doing to them
$25
Makeup bags/suitcase
We need these to put the makeup in since we are going to be going to the customers house and etc..
$40
Total Startup Expenditures $215.00
Emergency Fund $500Reserve for Fixed Expenses $100.00
Total Startup Investment $815.00
ROI: Return on Investment$1,068.56
= 1.3% ≈ $130$815.00
ROS: Return on Sales$1,068.56
= 0.6% ≈ $60$1,850
Future Plans
• To expand our business around the world. • Apply makeup on celebrity’s. • Create our own product of makeup.