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VITALITE BOWL. By: Brandon Stroud, Hugo Montes, Rigo Ramirez, Josh Wabuke. Problem. Water Shortage and Evaporation Vitamins Visibility. Water . Automatic Refilling. Vitamins & Medication. Immediate Nourishment Easy and Convenient . Visibility. Easily Found Self-Sustaining. Solution.
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VITALITEBOWL By: Brandon Stroud, Hugo Montes, Rigo Ramirez, Josh Wabuke
Problem • Water Shortage and Evaporation • Vitamins • Visibility
Water • Automatic Refilling
Vitamins & Medication • Immediate Nourishment • Easy and Convenient
Visibility • Easily Found • Self-Sustaining
Results • Most of the males were earning an income of about $40,000 annually and most were of the age of 30 years and above. • They were willing to spend $30 or more for the dog bowl which would give their pets a constant supply of fresh water. • Most of them had a medium sized pet which spent much of their time outside allowing this water bowl to be very convenient during the summer. • Our survey also shows that 93% of the people that did the survey were home owners. • Our survey also shows that 57% of the population were interested in owning pets because of our new product on the market.
Profits • We are going to stay within our price range and we can expect to sell about 45 a week and maximize our profit. • Our expense to make this product would be $30 so we will charge $49.99 leaving us with a profit of $19.99 thus $899.55 per week. • 66% Profit