1,189
14
Proposal Essay, 2 pages (250 words)

Product proposal

Part Proposal  The product proposed is a food solution. It is an all-in-one food solution of providing a complete nourishment to our body for onewhole day by merely popping a pill. The product will be sold in a form of a capsule. All the vitamins and minerals are already included in Meal Pill including the proteins and calories that provide the body mass and energy to fully function. The product will prove to be viable considering
Product, Market and Industry Description
A. The industry – We will target the supplement and wellness industry which is a huge market.
B. Market size – all adults can be practically our market as this can substitute the regular meal.
C. Team requirements – for product development, it will be just the Research and Development Team who will be responsible for creating the product to be guided by the Marketing Team for its viability in the market.
D. Scalability of product – the product can be produced en masse because it is just a pill which can lower our production cost.
E. Profit Potential – considering the scale of the market and the minimal cost of producing the product, profit potential is huge.
Part 2: Subsidiary Company
Strategy
The best way to convince the various departments that the product works and should be spun off into a new subsidiary is to have it tested internally. We can run a product testing across departments internally to convince that the product works.
This can be easily done by letting our employees use the pill for few days without the regular meal and ask them through questionnaire surveys if the product really work. We are confident it will work because we have already tested the product ourselves.

Thank's for Your Vote!
Product proposal. Page 1
Product proposal. Page 2
Product proposal. Page 3

This work, titled "Product proposal" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Proposal Essay

References

AssignBuster. (2022) 'Product proposal'. 2 October.

Reference

AssignBuster. (2022, October 2). Product proposal. Retrieved from https://assignbuster.com/product-proposal/

References

AssignBuster. 2022. "Product proposal." October 2, 2022. https://assignbuster.com/product-proposal/.

1. AssignBuster. "Product proposal." October 2, 2022. https://assignbuster.com/product-proposal/.


Bibliography


AssignBuster. "Product proposal." October 2, 2022. https://assignbuster.com/product-proposal/.

Work Cited

"Product proposal." AssignBuster, 2 Oct. 2022, assignbuster.com/product-proposal/.

Get in Touch

Please, let us know if you have any ideas on improving Product proposal, or our service. We will be happy to hear what you think: [email protected]