December 13th, 2011 by napai
Last Friday, keiki from 5A gave their 3-minute presentations on their team’s marketing adventure. They had three days to be innovative and raise monies that they ended up keeping, including the $5 start-up money that I provided. I was literally blown away at their ability to make so much money in so little time. Some of them made greeting cards, others sold candy or baked goods to their ‘ohana and neighbors, while others washed their ‘ohana’s cars. One enterprising young lady decided to make Party Mix for her ‘ohana and took pre-orders.
Lessons Learned: It’s not easy to make money. Pricing a product is hard – it can’t be too expensive or too cheap. You want to make a profit but you want your customer to feel like they got a good deal too. Finding the right customer for your product is sometimes difficult. You CAN succeed – what you put into your work (effort) is what you’ll get in return.
This turned out to be a GREAT idea!! Keiki – tell me what you would do if you had a weekend in addition to the three days to do the project and what was the biggest takeaway for you.