Académique Documents
Professionnel Documents
Culture Documents
Introduction
It also refers to all the elements that are part of the Market Research analysis
and evaluation important as a starting point for this project, since it determined
the possible market share, the absolute potential of the market and meet the
objectives of this project. It is well known the importance of knowing the
environment for a company to be competitive.
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Project Formulation and Evaluation
Company Description
Suplí-Hogar grocery store with capital stock of C$. 60,000.00 Integrated by two
partners, they offer 50% of the capital and the remaining 50% is acquired
through financing from CARUNA cooperative.
We offer products for the home, personal items, for both sexes and all ages.
2 partners
2 Salespersons
Methodology used:
Work based on market research where the elements were obtained for the
analysis and determination of strategies, policies and operational plans to be
developed with the evolution of the business.
For the purposes of the Opening of the business, all the actions of the
business will be carried out for its normal operation based on the full
compliance of the legal and regulatory provisions.
Project Background
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Project Formulation and Evaluation
Business Idea
Market research
The market study was elaborated with the objective of really knowing our
market, that is to say, the population to which we are directed and in this way
to be able to satisfy their needs. It is crucial to be informed of the potential
size of our market, as well as to foresee the response to our product or
service, for this reason a market study was elaborated through a questionnaire,
which was based on sufficient questions for the source of information.
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Project Formulation and Evaluation
General Objective:
build a grocery store offering the main products for household use.
Specific Objectives:
PROBLEM TREE
High travel costs and time to Does not obtain quality They have to buy the
go to Managua to buy the products products in leonPage
at 4very
necessary products in their high prices.
homes.
Project Formulation and Evaluation
OBJECTIVES TREE
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Project Formulation and Evaluation
Obtaining quality products Lower expenses for Saving time for the
at favorable prices grocery purchases inhabitants of the sector
and allowing them to do
their shopping on site.
Stores offer a sufficient Residents can shop for the Inhabitants will not have
quantity of product to products they need in their to travel long distances.
meet the demand of the homes at nearby stores.
sector's population.
Alternative # 1
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Project Formulation and Evaluation
Alternative #2
After analyzing both alternatives, it was concluded that the most feasible would
be the creation/establishment of a grocery store in this sector of La Virgen,
León, since there is still no store in this area that can satisfy the demand of
the sector's inhabitants, in addition to the fact that it requires a lower cost
since perishable products are not offered, which implies the purchase of
refrigerators.In addition, it requires a lower cost because it does not offer
perishable products that involve the purchase of refrigerators and this would
lower costs, as well as most of the merchandise offered is susceptible to be
stored for a prudent time thus allowing greater inventory control and on the
other hand the initial investment can be reduced by seeking or sponsorship of
various brands.
I. Problem Definition
The need for a store that offers all kinds of household products, especially
groceries, in the La Virgen district, in the department of León. It focuses on the
solution of problems, in order to satisfy the need of the inhabitants of this
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Project Formulation and Evaluation
region to buy supplies, since being so far away from the cities, they have
difficulties to obtain the necessary products for the home.
With the development of this project we have the vision of being a large and
very well conditioned store where our customers have comfort, with quality
care, specializing in the sale of household products which can bring quality
products to the inhabitants of this region.
We also intend to reduce the risk that these inhabitants have when going to
the cities to look for these products since the markets are far away from the
region and they must travel spending more money in transportation, buying the
products at high prices in the nearest places and taking risks in places that are
unfamiliar to them.
This store will benefit the region because having a nearby store to go to for
their shopping will give them security and take advantage of their time, as well
as buy at affordable prices and get quality products in return. The project will
also generate employment by hiring local people to work as store clerks.
Market Research
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Project Formulation and Evaluation
make small market purchases for their daily use, also offering products of the
highest quality in small quantities and reasonable prices that is very convenient
for families especially when the closest market to the area is where the project
would be established.
The main products that would be purchased in a barred store are the main
ones: vegetables, legumes, as well as general groceries that need to be
consumed on a daily basis or as weekly housewife purchases in order to have
them within reach in their locality.
The products most in demand among the population are those belonging to
the following groups:
General groceries
Personal Hygiene
Household cleaning
Cremeria
Disposable
Candies
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Project Formulation and Evaluation
The reference market of our project is formed by the inhabitants of the sector
and especially in the area where the business will be located and that includes
mostly housewives who come to stock up on merchandise to store it at home
to prepare their food, another amount are children who come to buy candy
and another important group is formed by young people with good purchasing
power who come in search of products, that is, oriented to the entire
population of the sector of the virgin and surrounding areas to the site,
children, youth, adolescents and adults, that is, children, youth, adolescents and
adults.In other words, it is oriented to the entire population of the sector of the
virgin and surrounding areas to the site child, youth, adolescents and adults,
who by their ages and sex have diverse and different habits and reasons for
purchases that we will try to satisfy with the promotion of this project.
There is no service of this type in the town that is capable of meeting the
demand of its inhabitants. People have to go to the municipal market or in
many other cases to Managua, which although it is true that they have
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Project Formulation and Evaluation
everything they need, they are very far from the place and people have to
spend too much time going back and forth.
There are few stores that, in addition to selling groceries, usually sell
complementary products necessary for the home, and if they do, they do not
have an adequate assortment, most of them have a great deficiency of
merchandise, that is, the volume and variability of products are scarce, and
they are sold at a high cost compared to those in the market.
For the analysis of the offer, first of all, it should be noted that the objective
of this project is to reach the largest number of consumer customers,
regardless of age, sex and income, belonging to the middle or lower class in
the Los Cocos region in Leon, i.e. our products are aimed at different types of
people. It is known that among the potential buyers willing to purchase the
products to be offered there is a population of 1,000 people of an age that
can buy, even though they do not have high incomes, the products to be
offered are of great importance in the home so they cannot refrain from buying
them, in addition to the fact that the other stores do not offer inputs of the
quality and quantity that will be offered.
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Project Formulation and Evaluation
satisfaction that consumers perceive with respect to the quality of the products
and the establishment of our store.
For the sample design, the non-probabilistic sample method was used because
it is the method that requires the least time and resources for the research.
The surveys that were carried out were taken from a sample of 100 people,
representative of the group to be studied, in order to carry out this survey,
people were asked to fill them out, residents of the coconuts, in different
neighborhoods that were selected according to the criteria of the project
proponent, considering that they are neighborhoods with greater probabilities,
for the commercialization of the products, given that the sample has
homogeneous characteristics to the desired population.Given that the sample
has homogeneous characteristics to the desired population, the format that was
delivered included:
1. Would you like to have a store that offers a wide variety of products?
YES _____ NO____
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Project Formulation and Evaluation
Home hygiene________
Quality/durability
Price/comfort
Brand/rename
10
Especifique_______________________________________________________
10. In case you work your income is:
More than minimum wage ______ Minimum wage______ Less than minimum
wage______
11. Level of education
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Project Formulation and Evaluation
how
many
Under 15
15/19 years
20/24 years
25/29 years
30/31 years
35/39 years
39 to more
The following are the results in percentages of the responses obtained through
the survey. It is recalled that 100 people were surveyed
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Project Formulation and Evaluation
80%
80% of the sample answered that they would affirmatively like to have a store
nearby that offers a wide variety of products.
Precio
25% Calidad
40% Marca
35%
25% of the population surveyed answered that when they buy a product they
do so based on the brand, 40% on the price of the product and the remaining
35% on the quality of the product.
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Project Formulation and Evaluation
10%
10%
40%
20%
20%
In the surveys conducted, it was determined that 40% of the people used to
buy groceries in general, 20% personal items, 20% household hygiene, 10%
grocery and 10% other.
45%
55%
The surveys concluded that 45% of the inhabitants of this region are
accustomed to buying products based on brand names and 55% are
guided by the most favorable prices when purchasing inputs.
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Project Formulation and Evaluation
10%
25%
65%
The survey determined that of the 100% of the sample taken from the
inhabitants, 65% buy their supplies in the Managua market, 25% buy them in
local markets and only 10% buy them in local stores due to the lack of
products in these.
5%
10%
Mama
Papa
Esposa
50% hijos
25%
Otros
10%
During the survey, it was verified that 50% of the buyers are mothers, 25% are
wives, 105% are fathers, 10% are children, and 5% are others.
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Project Formulation and Evaluation
20%
45%
35%
14%
Diario
Semanal
14% Quincenal
Mensual
50%
23%
From the data collected, we can see how often the inhabitants of the sector
make their purchases, and as we can see, 50% of them do so on a daily
basis.
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Project Formulation and Evaluation
Cantidad de Habitantes
Menor de 15
8% 15/19 anos
9% 19% 20/24 anos
25/29 anos
30/31 anos
17% 12%
35/39 anos
39 a mas
18%
18%
Through the surveys conducted among the inhabitants of the sector, we can
see that the majority of the population that lives in this sector and that will be
satisfied with the establishment of a new grocery store are those under 15
years of age, followed by those 20-24, 25-29 and the rest make up a minority
that is still important, but very significant.
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Project Formulation and Evaluation
Once we have identified the demand for our products within the target
population, we can determine the supply for our project, which we do by means
of the results obtained in the surveys carried out to determine the demand and
better understand the needs of the population.
In the village there is no potential competition, there are currently two stores,
which do not meet the needs of the general population, in addition to offering
very high prices in relation to the markets (municipal, Managua, etc.), in
addition to not offering quality products, fresh, in short, they do not meet the
needs of the inhabitants.
On the other hand, in order to determine what our offer will be, we have based
ourselves on information obtained from the NATIONAL INSTITUTE OF
STATISTICS AND CENSUS, which offers us information on the price and monthly
cost of the products that make up the basic basket of goods in our country,
also taking into account that our store will not sell perishable products since
we are a grocery store and we do not intend to be a miscellaneous store.We
have also taken into account that our store will not sell perishable products
since we are a grocery store and we do not intend to be a miscellaneous
store.
The strategy that the "Suplí-Hogar Store" will adopt is to make known to the
public, the quality of its products, at an affordable price, which will provide the
satisfaction of being able to find everything you are looking for in one place at
a very good price.
In the virgin region where the store is located, there is no real competition, as
there are no establishments with the capacity to satisfy the current demand,
however it is foreseeable that given the possibilities offered by the market, a
competitor may appear.
On the other hand, in a more global scope, as in the City, there are the
different markets of the capital and the municipal markets.
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Project Formulation and Evaluation
PRICE AND MONTHLY COST OF THE 53 PRODUCTS OF THE URBAN BASIC FOOD BASKET
FOR THE CITY OF MANAGUA, ACCORDING TO CHAPTERS
(CORDOBAS)
YEAR 2010
Unit of
Product name measur quantity July August September October November December
e
Food staples Price Cost Price Cost Price Cost Price Cost Price Cost Price Cost
Rice Libra 18 3.11 55.98 3.12 56.16 3.11 55.98 3.10 55.80 3.06 55.08 3.05 54.90
Bean Libra 18 5.38 96.84 5.37 96.66 5.32 95.76 5.43 97.74 5.46 98.28 5.38 96.84
Sugar Libra 24 2.99 71.76 3.04 72.96 3.04 72.96 3.06 73.44 3.06 73.44 3.07 73.68
Oil Libra 3 11.54 34.62 11.45 34.35 11.50 34.50 11.50 34.50 11.55 34.65 11.57 34.71
Salt Libra 2 1.02 2.04 1.02 2.04 1.02 2.04 1.02 2.04 1.02 2.04 1.02 2.04
Subtotal Basic 261.24 262.17 261.24 263.52 263.49 262.17
Meats
Beef Posta Libra 4 17.31 69.24 17.13 68.52 17.22 68.58 17.22 68.88 17.25 69.00 17.27 69.08
Chicken meat Libra 3 9.82 29.46 9.82 29.46 9.83 29.49 9.73 29.19 9.83 29.49 9.86 29.58
Pork Posta Libra 2 18.52 37.04 18.65 37.30 18.50 37.00 18.46 36.92 18.63 37.26 18.81 37.62
Fish cutlet Libra 3 15.03 45.09 15.10 45.30 16.26 48.78 16.30 48.90 18.22 54.66 18.33 54.99
Sub total meats 180.83 180.58 184.15 183.89 190.41 191.27
Dairy and eggs
Liquid milk Liter 20 5.50 110.00 5.50 110.00 5.50 110.00 5.50 110.00 5.50 110.00 5.85 117.00
Whole milk 400 gr 4 18.05 72.20 18.07 72.28 18.05 72.20 18.15 72.60 18.10 72.40 18.17 72.68
Eggs Dozen 3 9.59 28.77 9.46 28.38 9.77 29.31 11.69 35.07 11.98 35.94 11.60 34.80
Dried cheese pound 4 11.79 47.16 12.58 50.32 14.19 56.76 15.20 61.04 15.57 62.28 16.51 66.04
Subtotal dairy and
eggs 258.13 260.98 268.27 278.71 280.62 290.52
Perishables
tomato Libra 7 3.02 21.14 2.93 20.51 3.54 24.78 4.19 29.33 6.07 42.49 7.13 49.91
onion pound 3 4.67 14.01 5.42 16.26 5.57 16.71 5.35 16.05 4.84 14.52 4.28 12.84
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Project Formulation and Evaluation
PRICE AND MONTHLY COST OF THE 53 PRODUCTS OF THE URBAN BASIC FOOD BASKET
FOR THE CITY OF MANAGUA, ACCORDING TO CHAPTERS
(CORDOBAS)
YEAR 2010
Unit of
Product name measur quantity July August September October November December
e
Price Cost Price Cost Price Cost Price Cost Price Cost Price Cost
Cabbage Libra 7 1.54 10.78 1.32 9.24 1.09 7.63 1.09 7.63 1.27 8.89 1.40 9.80
Papa Libra 5 3.31 16.55 2.74 13.70 2.12 10.60 2.00 10.00 1.98 9.90 2.10 10.50
Ripe banana Libra 12 1.46 17.52 1.52 18.24 1.56 18.72 1.51 18.12 1.48 17.76 1.72 20.64
Green banana Libra 6 2.63 15.78 2.48 14.88 2.29 13.74 2.16 12.96 2.01 12.06 2.03 12.18
Subtotal
Perishables 95.78 92.83 92.18 94.09 105.62 115.87
Cereals
Tortilla Libra 10 4.70 47.00 4.95 49.50 4.92 49.20 4.77 47.70 4.63 46.30 4.61 46.10
Bread Libra 21 5.00 105.00 5.00 105.00 5.22 109.62 6.00 126.00 6.00 126.00 6.00 126.00
Pinolillo Libra 5 7.04 35.20 7.15 35.75 7.22 36.10 7.25 36.25 7.25 36.25 7.36 36.80
Ground coffee Libra 3 22.41 67.23 22.63 67.89 22.54 67.62 22.47 67.41 22.45 67.35 22.46 67.38
Subtotal Cereals 254.43 258.14 262.54 277.36 275.90 276.28
Total food 1050.41 1054.70 1068.38 1097.57 1116.04 1136.11
Household uses
Household
expenses
Washing soap Unit 6 2.98 17.88 2.94 17.64 2.94 17.64 2.93 17.58 2.95 17.70 2.94 17.64
Detergent Unit 2 1.24 2.48 1.23 2.46 1.26 2.52 1.25 2.50 1.24 2.48 1.23 2.46
Toothpaste Unit 1 9.60 9.60 9.83 9.83 9.99 9.99 9.98 9.98 10.05 10.05 10.05 10.05
Phosphorus Box 6 0.46 2.76 0.50 3.00 0.52 3.12 0.52 3.12 0.52 3.12 0.53 3.18
Broom Unit 1 9.54 9.54 9.58 9.58 9.38 9.38 9.35 9.35 9.42 9.92 9.84 9.84
Toilet paper Roll 3 2.99 8.97 3.00 9.00 3.01 9.03 3.00 9.00 3.01 9.03 3.01 9.03
Bath soap Unit 3 2.08 6.24 2.07 6.21 2.04 6.12 2.04 6.12 2.02 6.06 2.03 6.09
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Project Formulation and Evaluation
PRICE AND MONTHLY COST OF THE 53 PRODUCTS OF THE URBAN BASIC FOOD BASKET
FOR THE CITY OF MANAGUA, ACCORDING TO CHAPTERS
(CORDOBAS)
YEAR 2010
Unit of
Product name measur quantity July August September October November December
e
Price Cost Price Cost Price Cost Price Cost Price Cost Price Cost
Sanitary napkins Bag 1 4.70 4.70 4.75 4.75 4.75 4.75 4.83 4.83 4.96 4.96 4.96 4.96
Deodorant nac Unit 1 9.98 9.98 9.98 9.98 9.98 9.96 9.99 9.99 9.84 9.84 9.81 9.81
Toothbrush Unit 0.33 4.20 1.39 4.21 1.39 4.21 1.39 4.09 1.35 4.20 1.39 4.22 1.39
Subtotal
Household
expenses 73.54 73.84 73.90 73.82 74.65 74.45
Rates
Butane gas 25 lb 1 75.69 75.69 75.74 75.74 79.89 79.89 83.24 83.24 82.10 82.61 83.81 83.81
Electric light KW 100 1.1742 117.42 1.1742 117.42 1.1742 117.42 1.1742 117.42 1.1844 118.44 1.1844 118.44
Water Gallons 5292 0.0125 66.15 0.0125 66.15 0.0125 66.15 0.0125 66.15 0.0125 66.15 0.0125 66.15
Transportation passage 180 2.00 360.00 2.00 360.00 2.00 360.00 2.00 360.00 2.00 360.00 2.00 360.00
Subtotal Fees 619.26 619.31 623.46 626.81 626.60 628.40
Total Household
uses 692.80 693.15 697.36 700.63 700.65 702.85
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Project Formulation and Evaluation
b.2.1 Competence
Seniority
Competition Address
in the Market
Rivalry among competitors at this time is a moderately important threat, and the entry of new competitors is
a potential threat that also represents a moderate risk. It is very important for the company to maintain a
good business relationship with suppliers, since they are in charge of production.
As for the market, it is sufficiently large and, since sales are retail, there is practically no threat in negotiating
with customers, if the Store maintains the requirements needed to satisfy demand.
The products that the store "Suplí-hogar" offers are products of very good quality and above all at accessible
prices that allow the inhabitants of the sector to be able to acquire products for their daily consumption and
that are of first necessity in each of their homes, as well as offering different prices that adapt to their
pockets. When buying in our store, the customer checks the quality of the products and the great variety of
these in our facilities and of course diversity of prices, quality, sensitive products to the taste of the
consumer.
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Project Formulation and Evaluation
The product is expected to reach the customer not only in a physical form through the eyes and touch, but
also remembering it through the psyche, because of the good and pleasant treatment, which was obtained by
the store's consultants and the interest they took in listening to them and the quick response they got from
them.
The delivery of the products to the customers is made at the place of purchase, that is to say, in the
establishment they are placed in bags of gavacha to give more comfort in the transfer of the products to our
customers.
b.2.2 Suppliers
In the Capital, there are several distributors dedicated to the commercialization of groceries and diverse
products for the home, all of very good quality and low cost, which allow implementing the variety of products
that will be offered in the store, therefore this power will not significantly affect the store, since it will always
have the merchandise available.
As sales are made at retail level, this is not a problem. In addition, as we already know, customers show a
low percentage of loyalty to a given establishment.
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Project Formulation and Evaluation
In the table above we can see which will be the suppliers of our products, and also highlights that most of
the products will be purchased in places that sell wholesale and low price in the capital. For this reason, it
will be programmed according to this project to have a stock as optimal as possible, and thus supply us with
the various products that we will offer in our store.
Strengths
Competency Knowledge.
Product Quality
Product Complementarity
Products are supplied on a weekly basis.
Weaknesses
The product line is so wide, since being a grocery store, there are a variety of products.
Increase in Fixed and Variable Store Costs.
Opportunities
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Project Formulation and Evaluation
Threats
The following is a classified list of the main products that we intend to offer in our grocery store:
General Groceries
Personal Hygiene
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Project Formulation and Evaluation
Home Cleaning
Disposables
Candies
The following table shows the products we offer, with a description of the different brands we offer, as well as
the cost of the initial investment in terms of inventory with which we expect to start our project.
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Project Formulation and Evaluation
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Project Formulation and Evaluation
Toilet paper
3 Bolson Toilet paper Scott C$ 300.00 C$ 900.00
3 Bolson Toilet paper Nevax C$ 380.00 C$ 1,140.00
3 Bolson Toilet paper Encanto C$ 250.00 C$ 750.00
Bath soap
2 Box Bath soap Camay C$ 200.00 C$ 400.00
2 Box Bath soap palmolive C$ 250.00 C$ 500.00
1 Bolson Bath soap Fruit tree C$ 150.00 C$ 150.00
Sanitary napkins C$ -
2 Bolson Sanitary napkins Kotex C$ 300.00 C$ 600.00
2 Bolson Sanitary napkins Saba C$ 350.00 C$ 700.00
2 Box Toothbrush colgate C$ 150.00 C$ 300.00
Shavers
2 Bolson permasharp C$ 85.00 C$ 170.00
2 Bolson Gillett C$ 105.00 C$ 210.00
C$ 6,300.00
Others
Instant Soup Magi
2 Box small C$ 65.00 C$ 130.00
2 Box grande C$ 80.00 C$ 160.00
3 Box Spaghetti Pasta C$ 60.00 C$ 180.00
2 Candies C$ 35.00 C$ 70.00
2 Chewing gum C$ 30.00 C$ 60.00
Meneitos
6 Yumis C$ 600.00 C$ 3,600.00
6 Diana C$ 700.00 C$ 4,200.00
C$ 8,400.00
Disposables
2 Bolson Games 150 C$ 300.00
2 Huggies 200 C$ 400.00
C$ 700.00
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Project Formulation and Evaluation
It should be clarified that this is the estimated supply and therefore the purchases for the assortment will be
made depending on the output of each product stored.
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Project Formulation and Evaluation
The price, due to the characteristics of the products of the basic food basket,
is variable and will depend on the market price and the times when these
products are abundant and scarce.
The price of the products to be offered will consist of the monetary value that
the company will be willing to offer in the market and the customers will be
willing to acquire according to the need and degree of satisfaction.
The price of the products will be based on the average price at which they are
offered in the market by the competition.
This method was chosen due to the diversity of the product line in the market
and therefore it is not advisable to use pricing on percentage of profit margin
since the prices of these products are already defined in the market and the
population is aware of these prices and it would be risky for the business
activity to increase them, prices should be set according to the market and
thus face the competition.
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Project Formulation and Evaluation
Attributes
Unit of
Product name measure Prices /Favorable Brand
Food staples
Rice Libra C$ 10.00 C$ 13.00
Bean Libra C$ 12.00 C$ 16.00
Sugar Libra C$ 6.50 C$ 7.00
Oil Liters C$ 36.00 C$ 36.00
Salt Libra C$ 3.00 C$ 5.00
Eggs Dozen C$ 3.50 C$ 3.50
Cereals Grams C$ 40.00 C$ 60.00
Simple Bread Unit C$ 1.00 C$ 2.00
Sweet Bread Unit C$ 5.00 C$ 10.00
Pinolillo Libra C$ 5.00 C$ 20.00
Ground coffee Libra C$ 2.00 C$ 5.00
Household uses
Washing soap Unit C$ 10.00 C$ 17.00
Detergent Unit C$ 5.00 C$ 10.00
Toothpaste Unit C$ 18.00 C$ 24.00
Phosphorus Box C$ 2.00 C$ 2.00
Broom Unit C$ 30.00 C$ 35.00
Toilet paper Roll C$ 10.00 C$ 14.00
Bath soap Unit C$ 10.00 C$ 14.00
Sanitary napkins Bag C$ 15.00 C$ 24.00
Toothbrush Unit C$ 10.00 C$ 25.00
Instant Soup Unit C$ 10.00 C$ 15.00
Oats Libra C$ 12.00 C$ 20.00
Spaghetti Pasta Unit C$ 7.00 C$ 12.00
Cigars Box C$ 15.00 C$ 24.00
Shavers Unit C$ 9.00 C$ 14.00
Panales Unit C$ 5.00 C$ 8.00
Candies Unit 3*5 C$ 3.00
Chewing gum Unit C$ 2.00 C$ 10.00
Meneitos Unit C$ 2.00 C$ 5.00
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Project Formulation and Evaluation
Sales Plan
The company will focus its sales on the retail customer, so it will have two
permanent salespeople on site to offer its products to consumers within its
premises.
The company's sales target for the first year is 0.25%, 0.27% for the second
year, 0.30% for the third year, and according to demand regression estimates,
0.32% for the fourth year and 0.35% for the fifth year.
To make our sales plan we have based our plan on the number of family
members, taking as a basis the data from the surveys conducted where the
respondents answered that according to the number of family members they
considered them in small, medium and large, as well as we made this plan
according to the expected weekly sales.We also made this plan according to
the expected weekly sales, as well as according to the data obtained in the
surveys and the census conducted by the Institute of Statistics and Census.
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Project Formulation and Evaluation
Families Medium
Product name Unit of measure Quantity Pricev /Favorable Cost
Food staples
Rice Libra 21 C$ 10.00 C$ 210.00
Bean Libra 4 C$ 12.00 C$ 48.00
Sugar Libra 5 C$ 6.50 C$ 32.50
Oil Liters 3 C$ 36.00 C$ 108.00
Salt Libra 1 C$ 3.00 C$ 3.00
Eggs Unit 25 C$ 3.50 C$ 87.50
Cereals Grams 2 C$ 40.00 C$ 80.00
Simple Bread Unit 36 C$ 1.00 C$ 36.00
Sweet Bread Unit 20 C$ 5.00 C$ 100.00
Pinolillo Libra 2 C$ 5.00 C$ 10.00
Ground coffee Libra 2 C$ 2.00 C$ 4.00
Household uses
Washing soap Unit 3 C$ 10.00 C$ 30.00
Detergent Unit 8 C$ 5.00 C$ 40.00
Toothpaste Unit 1 C$ 18.00 C$ 18.00
Phosphorus Box 3 C$ 2.00 C$ 6.00
Broom Unit 1 C$ 30.00 C$ 30.00
Toilet paper Roll 3 C$ 10.00 C$ 30.00
Bath soap Unit 2 C$ 10.00 C$ 20.00
Sanitary napkins Bag 1 C$ 15.00 C$ 15.00
Toothbrush Unit 1 C$ 10.00 C$ 10.00
Instant Soup Unit 4 C$ 10.00 C$ 40.00
Oats Libra 1 C$ 12.00 C$ 12.00
Spaghetti Pasta Unit 3 C$ 7.00 C$ 21.00
Shavers Unit 3 C$ 9.00 C$ 27.00
Total C$ 1,018.00
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Project Formulation and Evaluation
Small Families
Product name Unit of measure Quantity Pricev /Favorable Cost
Food staples
Rice Libra 17.5 C$ 10.00 C$ 175.00
Bean Libra 4 C$ 12.00 C$ 48.00
Sugar Libra 3 C$ 6.50 C$ 19.50
Oil Liters 2 C$ 36.00 C$ 72.00
Salt Libra 1 C$ 3.00 C$ 3.00
Eggs Unit 20 C$ 3.50 C$ 70.00
Cereals Grams 1 C$ 40.00 C$ 40.00
Simple Bread Unit 20 C$ 1.00 C$ 20.00
Sweet Bread Unit 20 C$ 5.00 C$ 100.00
Pinolillo Libra 1 C$ 5.00 C$ 5.00
Ground coffee Libra 1 C$ 2.00 C$ 2.00
Household uses
Washing soap Unit 2 C$ 10.00 C$ 20.00
Detergent Unit 5 C$ 5.00 C$ 25.00
Toothpaste Unit 1 C$ 18.00 C$ 18.00
Phosphorus Box 1 C$ 2.00 C$ 2.00
Broom Unit 1 C$ 30.00 C$ 30.00
Toilet paper Roll 3 C$ 10.00 C$ 30.00
Bath soap Unit 1 C$ 10.00 C$ 10.00
Sanitary napkins Bag 1 C$ 15.00 C$ 15.00
Toothbrush Unit 1 C$ 10.00 C$ 10.00
Instant Soup Unit 2 C$ 10.00 C$ 20.00
Oats Libra 1 C$ 12.00 C$ 12.00
Spaghetti Pasta Unit 2 C$ 7.00 C$ 14.00
Shavers Unit 1 C$ 9.00 C$ 9.00
Total C$ 769.50
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Project Formulation and Evaluation
b. Marketing channels
The type of demand that will be tended to is basically the local population and
that of nearby towns, since it is intended that the people who live around the
area where the establishment is located will come to it.
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Project Formulation and Evaluation
In the region, the trader is relatively small and offers undifferentiated products,
so he cannot influence the price. The risk of non-sale is considered to be low.
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Project Formulation and Evaluation
from 09:00
to 12:00 19.20
Flyer Distributors 4 c/ Weekend hs. 100.000 0.000
1.00
Flyer Printing 0 c/ month 50.000 600.000
Promotion plan
The promotion of the services will be carried out through the following scheme:
Personal Sales: It will be carried out in the Sales Room of the Store by
the Salespersons, who will be trained to provide quality service.
Sales promotions: Promotions will take place on the sales floor but will
be communicated to Customers through posters or advertising banners.
Discounts and promotions on items will be made when the suppliers
indicate which products are on promotion and/or discount and we will
be in charge of transmitting it to the customers.
The general purposes of the Store promotion are to create awareness and
interest in the products and the Store organization, to differentiate the service
offering from the competition.
CONCLUSION
When conducting the market study, taking into account all aspects such as
demand, supply and prices of the products to be offered, it was observed that
the inhabitants of the district needed a store that would provide them with the
main products of the basic food basket, and consequently we can say that
they are willing to go to the store to get the products.
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Project Formulation and Evaluation
The market study allowed us to know the products needed and also the
quantity demanded by the inhabitants in order to be able to offer a quantity of
products adequate to the demand of the population. It also allowed us to know
what prices people were willing to pay for them.
The results of this study show that carrying out this project will benefit both
parties, since the citizens of the region will be able to obtain the main products
close to their homes at affordable prices and the business will generate income
for its activities.
According to our criteria and based on the analysis of the market study, we
believe that the creation of a grocery store in the Los Cocos region is a viable
and profitable option, and easy to implement.
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