Professional Documents
Culture Documents
Development
FIAT conducted (3) three focus groups,
• 1.) Southern Connecticut
• 2.) Cleavland, Ohio
• 3.) Southern Florida
The targeted price point was $3.00
FIAT model for volume projection is based on a similar
product consumer market launched on a local Manhattan
NY radio ad. The volume exceeded the initial projection.
The acquisition price for FIAT to meet business forecast
price points is .99 landed.
Retort filling will maximize a self life of 24 months and
food stability the pouch will be a tear off top.
Business Plan Outline
• market data/annual volume expectations for the project
• launch company
• building a financial model for the project
• manufacturing company
• market research capabilities
• research the market for the types of product
• evaluate the priority
• allocate resources
• potential size of the project
• financial payback to the company
Company Launch
• Omelet 1st production run March 1st 2010
• Web Site Sales
• Radio WOR direct 1-800 sales and WEB
• You Tube FIAT Cooking Classes
• Infomercials November 2010
• Health Markets i.e trader joe’s, wholefoods
• Institutional sale: elderly care, community action agencies,
government health services and school lunch programs
• Transportation & airport venues
• Nation building (Africa)
• Vending machines
•
Market Research
• FIAT conducted focus groups; In each focus
group, participants ranged in age and attendees.
The medium age is 36.7 and the medium group
size is 17 attendees.
• Target of research;
• taste,
• price,
• need,
• food type,
• packaging
• and deliverability
• The current FIAT Omelet is the result of FIAT’s research
study
Market data
per flavor
per quarter
• annual volume
300
250
200
Omlete
150
Rice& Beans
100 Fusion Soup
50
0
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Annual Volume