Abarcar 12stem (Entrepmodule2)

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MARC IAN B.

ABARCAR 12 – STEM
Entrepreneurship(q4module 2)
Pre Test
1. G
2. E
3. F
4. H
5. A
6. I
7. J
8. D
9. C
10. D

Activity 2.1 Think of a product/service you want to introduce in the market by accomplishing the New
Product/Service template below.
A. What is my product/service? (Give your product or Yxng Easy PC – This concept of Yxng Easy PC comes from
service name and state where the idea came from) me: Gaming Computer Fix Business, Peripherals, and so on.
This implies that customers may play in my shop while we
repair their gadgets or computers.
B. What does my product/service do? (List down all the Yxng Easy PC is a Gaming Computer Repair Shop that
features or specifications) provides cutting-edge technology that everyone need. The
main reason to come to Yxng Easy PC is for our 100 percent
top services and the ability to rent New Modern
Technologies.
C. How is it better than other product/services? (State Full automation, realistic, and contemporary goods from
your competitive edge) Yxng Easy PC make people happy and meet their current
demands. Other stores, on the other hand, sell phony goods
and provide poor service. However, with Yxng Easy PC, you
may experiment with current technology whenever you wish.
D. Who will buy the product/service? (State your target Yxng Easy PC is aimed towards students who use technology
market size, location, demographics, psychographics, to participate in online classes and those who want to play
and behaviors) freely.
E. Why will they buy product/service? (State the In order to exist in this New Era, everyone requires
benefits they will get for the price they will pay) technology. After visiting Yxng Easy PC, customers will
undoubtedly enjoy what they have purchased and will be
extremely pleased with their experience in our store.
F. How will the product/service be promoted? (List  • We'll promote our product/service by: o filling out
down marketing activities) our profile o mentioning our Hashtag Brands Follow
us on social media.
 • We'll employ custom icons on our website. •
Promote your social media profiles in newsletters and
email signatures.
 • Target your adverts to a certain demographic.
 • Use Product Tags in Your Blog Articles
G. Who are my competitors? (Enumerate direct and Our immediate competitors are Easy Pc, who have several
indirect companies) locations, and our indirect competitors are Yxng Easy PC and
Our Company.

Activity 2.2
Packaging Materials/Ingredients/Unit/Cost/Supplier
Raw Materials/Ingredients/Unit/Cost/Supplier
Computer Units – 10k and so on
Yxng Easy PC Rent Time Frame
Computer Parts
20 – 1 hour Ram – 1k – 3k
40 – 2 hours SSD / HDD – 1k – 5k
55 – 3 hours MOBO – 2k – 5k
60 – 4 hours GPU’s – 8k – 30k
100 – 10 hours Casing – 1k – 3k

Total Raw Material Cost Total Raw Material Cost


Php 20 – 100 depends on Costumers 10k up Computer Units (depends on
Computer Builds)
Estimated Unit Price
Php 20 – Per hour
Php 10k up per unit

Yield/No. of products per


batch

20 Computers for Rent

Activity 2.3. Watch the details on how to create a business model in the given youtube link, The Business Model
Canvas - 9 Steps to Creating a Successful Business Model - Startup Tips . Write a business model for your
proposed business following the template given on page 7.

Key Patterns
• Designers establish ties with key memory, video card, and other computer part suppliers to assure consistent supply.
• Experts already have a strong working relationship with reliable vendors (ram, ssd, hdd, MOBO, parts supplier and for editing promos
activities)
Activities
• We manufacture some PC parts; and also hold marketing and promotion events to promote our products; and our shipping service
ships and distributes our computer sets to different regions.
Value Proposition
• The greatest tripping barrier is that some people are hyper-aware of what they're doing. It was treated as though it were a low-end
computer. As a consequence, in order to suit our clients' needs, we implement solutions that are more professional, sensitive, and
friendlier.
• Provide some pleasant activities;
• Price is flexible in comparison to other computer shops in our region.
Check your Understanding

1. Why is there a need for new product development?


- Since it is required to manufacture an item in order to compete with or improve an existing product.
Also, to provide consumers with new value; otherwise, they would have no reason to exchange their
money for the new goods.
2. How do you create and test a product prototype?
- To do so, you must first establish key success factors, financial targets, the marketing mix (4ps),
and marketing plan activities (activity, budget and timing). Testing and evaluation are only used
to see if the product will work as planned or if it needs to be improved. Prototyping, in general,
allows the designer and customer to test the viability of a concept. Validation also assists in the
finding of problems, allowing the designer to make necessary changes.
3. Give three importance of developing a business model.
 • producing enough revenue to cover operational costs while also providing a satisfactory
return on investment.
 • Assists you in grasping your own business concept in a simple, easy-to-understand manner.
 It's a strategic management tool for summarizing and describing pillars.

Post Test

1. G
2. E
3. F
4. H
5. A
6. I
7. J
8. D
9. C
10. D

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