Our product, the SpaceSaver.
Title: Our product, the SpaceSaver.
Category: /Business & Economy/Marketing and Advertising
Details: Words: 6524 | Pages: 24 (approximately 235 words/page)
Our product, the SpaceSaver.
Category: /Business & Economy/Marketing and Advertising
Details: Words: 6524 | Pages: 24 (approximately 235 words/page)
1. Executive Summary
Our product, the SpaceSaver, will revolutionize convenient living with its multipurpose design and development. The SpaceSaver combines everyday household necessities into one easily utilized coffee table. The SpaceSaver enables the consumer to use a microwave and refrigerator while sitting comfortably in their television room or basement. This new age design has each appliance built into the side of a coffee table sized unit. Along with a built-in shelf, the SpaceSaver presents itself as
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would result in $0 net income for the first year. We are confident in the costs that we gathered and have made conservative estimates of the costs of the microwave, refrigerator, and table so it is more likely that the actual first year cost of good sold will be lower resulting in an increase in net income.
Cost of Goods Sold Net Income Year 1
Cost of components decrease by 5% $461,741
Base Case $265,383
Cost of components increase by 5% $69,024


