Shani's Spicy Bagoong is a homemade shrimp paste condiment sold in sterilized bottles for P70 each. It is made from shrimp paste, spices, and pork bits. Selling 15 bottles per week generates P1,050 in revenue with production costs of P315 and other expenses of P195, resulting in a weekly net income of P540. The target markets for this product include local households, friends and relatives on social media and through house-to-house selling, as well as participating in food bazaars.
Shani's Spicy Bagoong is a homemade shrimp paste condiment sold in sterilized bottles for P70 each. It is made from shrimp paste, spices, and pork bits. Selling 15 bottles per week generates P1,050 in revenue with production costs of P315 and other expenses of P195, resulting in a weekly net income of P540. The target markets for this product include local households, friends and relatives on social media and through house-to-house selling, as well as participating in food bazaars.
Shani's Spicy Bagoong is a homemade shrimp paste condiment sold in sterilized bottles for P70 each. It is made from shrimp paste, spices, and pork bits. Selling 15 bottles per week generates P1,050 in revenue with production costs of P315 and other expenses of P195, resulting in a weekly net income of P540. The target markets for this product include local households, friends and relatives on social media and through house-to-house selling, as well as participating in food bazaars.
Brief History of the Product: A homemade appetizer good for side dishes. Made from shrimp paste, spices and pork bits. Usually in sterilized bottled container. Its selling price is P 70 per bottle. Locally known in every household. A marketable kind of small enterprise. Financial Costing:
Shani’s Spicy Bagoong:
Selling price: P70.00 For every 15 bottled bagoong- P 1,050/weekly Ingredients: Total Expense- P 315.00 P 1,050 Other Expenses- P 195.00 - 315 Total- P 510.00 P 735 Income -195 P 540 Net Income Target Market
In our own locality, every household need this kind of product.
Through social media, I can market this product to my Facebook account. I can sell it from house to house in our barangay. Even my relatives and friends can also be my target market. I can also join food bazaars and present my product there. Product Image