What is the Christmas Market About?
The Christmas Market is about how to manage a business in teams. My group members are: Shola, Grace C and I. Within the time period of 4-5 weeks, we had to produce products within the budget of $30.00 to sell during lunch at the Christmas Market. My group’s market name was Tote Bags 4 You, and our product that we sold was hand painted tote bags.
The main idea of this project is to improve and learn more about businesses in the real world. To figure out the final idea for the Christmas Market, we had to brainstorm 25 ideas and research a couple of them.
Steps:
- Get into groups of 2-3
- Brainstorm ideas
- Research ideas
- Create a presentation and get approved
- Receive $30.00
- Start producing the products
- Sell products
Group Photo:
Difficulties:
Some of the difficulties my group faced were the stall location. On the Christmas Market day, my stall was located outside the canteen near the bins. It was a windy and rainy day, but luckily my stall was under covers. Most of the product flew off the table, making it hard to keep on the table and hard to sell them as the bags kept folding not presenting the logo designs.
Successes:
- My group managed to finish all the products in time for the Christmas Market to take place. Within the time period we finished painting all the tote bags.
- Having friendly small talk with customers
- Made profit of $17.00
- Being able to pay back the school loan of $30.00
Budget:
Out of the total budget we received of $30.00, my group spent $29.40. Each individual product cost $4.25 to produce.
Bag Designs with Models:
Credits: Zachary Bovell, Jake Cole, Sam Lowe
