TORRENO, BRIAN Business Marketing Ptask

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 5

FIRST CITY PROVIDENTIAL COLLEGE

First City Providential College


Brgy. Narra, Francisco Homes Subdivision,
City of San Jose del Monte, Bulacan

THE FEASIBILITY STUDY OF


PHILIPPINE RAW MATERIALS AS ALTERNATIVE WAY IN
MAKING LAMPSHADE

A Research Paper presented to the


First City Providential College

In Partial Fulfillment of the


Requirement for the subject
Business Marketing

Research conducted by
Brian Kenneth B. Torreno
Grade 12 – ABM 2

Submitted to
Teacher James Jomelle Comon
Business Marketing Teacher

Academic Year 2018-2019


2nd Semester

Lifelong Education
FIRST CITY PROVIDENTIAL COLLEGE

INTRODUCTION

A budget and eco-friendly lampshade will be introduced to the


market. This lampshade officialised by Torreno Company is named as
“Tatak Pilipino Lampshade”. It is primarily made up of bamboo, one of the
raw materials in the Philippines.

Tatak Pilipino Lampshade will cater segments of people who really


desire to have aesthetic dimensions to their houses, to provide a remedy for
sleeping problems, and to truly patronize Filipino products. This product
will help a lot of people. Based on some study, many people are struggling
from sleeping problems. According to Tuck (2017), the mainly reason for
these insights is that a person is using certain light which is not appropriate
in the night. Light has a significant effect on sleeping when the place
transitions from darkness to light, the brains tend to wake whether a person
has had his regular sleep or not.

In relation to these, Tatak Pilipino Lampshade used LED light that


has low volume of blue light wavelength - causes a person to become
irritable in the night. Moreover, this product also cares about its aesthetic
standards aside from health aspects. From the concepts up to the finishing
and actual product, Tatak Pilipino Lampshade ensures its quality and
dignity. It desires to uphold and to make known Philippine raw materials
across the world as it uses bamboo as the main substance of the product.

Lifelong Education
FIRST CITY PROVIDENTIAL COLLEGE

TORRENO COMPANY
TATAK PILIPINO Lampshade
To give light in every home

COMPANY
NAME

BRAND NAME

To give light in TAG LINE


every home
Fig. 1 Sample Tag for Tatak Pilipino Lampshade

LOGO
TARGET MARKET

Tatak Pilipino lampshade targets the groups of people who are


eco-friendly lovers, tourists, and middle class families. Torreno Company
believes that those people will appreciate the efforts of the company in
providing a budget and eco-friendly and Filipino made lampshade.

POSITIONING STATEMENT

For eco-friendly lovers, tourists and middle class families, Tatak Pilipino
Lampshade is a Filipino native product that aims to give light in every home.
Unlike the other lampshade products in the market, Tatak Pilipino
Lampshade furnishes a combination of modernized indigenous materials,
advance technology, and affordable yet quality products.

Lifelong Education
FIRST CITY PROVIDENTIAL COLLEGE

DESCRIPTION OF THE PRODUCT and PRODUCT POSITIONING

Bamboo is the main component


of Tatak Pilipino Lampshade. Unlike
the other bamboo lampshades in the
market, it aims to preserve the original
and aesthetic appearance of the
bamboo. There are still some cutting
processes in the makings of this
lampshade yet, the parts did not turn
into smaller pieces and the cylindrical
shape of the bamboo is still visible in
this product. Fig. 2 Sample Tatak Pilipino Lampshade

Most of the lampshades introduced in the market are using bulbs


with bright lights. It is really a good strategy to attract and to persuade
more customers to buy their products; however, it neglects the importance
of health aspects of the people. Bulbs with dazzling lights have a great
volume of blue light that makes a person hard to sleep.

In the contrary, Tatak Pilipino Lampshade proudly uses LED light


that only emits low volume of blue light so that it will not interrupt the
sleep of a person in the night. LEDs are actually more expensive than the
other type of bulb, but they still save money because they last for a long
time and have a very low energy use.

In addition, Tatak Pilipino Lampshade made by Torreno Company


bravely competes with the other lampshade companies. It desires to
uphold the Filipino product and pride in the market not just in the four
corners of the country, but also across the world.

Lifelong Education
FIRST CITY PROVIDENTIAL COLLEGE

RAW MATERIALS, TOOLS, and EQUIPMENT USED

For the product

Bamboo, LED light bulb, switch, wire, screw

Wood Glue, grinder, hammer, screw driver, sandpaper

For the tags

Cardboard, Bond paper,

Glue, scissor, Picsart Application, Printer

CAPITAL, MARK-UP PRICE, SELLING PRICE

Capital: Php 700.00

Mark-Up Price: Php 499.25

Selling Price: Php 1199.25

Fig. 3 Sample Price Tag

More Complex Computation


Labor Fee – Php 300 Bamboo – Php 100
Rent for grinder, hammer – Php 100 LED Light Bulb – Php 50
Electrical Wire – Php 35 Wood Glue – Php 30
Switch – Php 30 Sandpaper – Php 20
Print Expense – Php 20 Cardboard, Paper – Php 15

Total Expense (Capital) = Php 700.00


Selling Price = Capital + Mark Up Price
= 700 + 499.25
= Php 1199.25

Lifelong Education

You might also like