Sample feasibility study in water refilling station business. Feasibility Study on Water Refilling opportunities.alumdev.columbia.edu opportunities.alumdev.columbia.edu 2022-10-13
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Pricing strategies in rural marketing involve identifying the appropriate price for a product or service in a rural market. These strategies can be used to increase sales, drive customer loyalty, and differentiate a product or service from competitors.
One common pricing strategy in rural marketing is penetration pricing, which involves setting a low initial price for a product or service in order to quickly gain a large market share. This strategy can be effective in rural markets where there is limited competition and a high demand for the product or service. However, it can also lead to lower profit margins if the price is not eventually raised.
Another pricing strategy that can be effective in rural markets is value pricing, which involves setting a price that reflects the perceived value of the product or service to the customer. This strategy can help to differentiate a product or service from competitors and can be especially effective in rural markets where there are few similar options available.
A third pricing strategy that can be effective in rural markets is premium pricing, which involves setting a higher price for a product or service in order to reflect its perceived quality or exclusivity. This strategy can be effective in rural markets where there is a high demand for high-quality products or services and where customers are willing to pay a premium price.
Regardless of the pricing strategy used, it is important for businesses operating in rural markets to carefully consider the local market conditions and the target customer demographic when determining the appropriate price for their products or services. Factors such as the cost of production, the level of competition, and the availability of substitutes should all be considered when developing a pricing strategy in rural markets.
In conclusion, pricing strategies in rural marketing involve identifying the appropriate price for a product or service in a rural market in order to increase sales, drive customer loyalty, and differentiate a product or service from competitors. Businesses operating in rural markets should carefully consider local market conditions and the target customer demographic when determining the appropriate pricing strategy.
Feasibility Study on Water Refilling opportunities.alumdev.columbia.edu opportunities.alumdev.columbia.edu
One of our major goals of starting Brian Colbert Water Refill® Company is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. Water is necessary not only for our survival but also for a healthy and happy life. We are going to explore all available means to promote Brian Colbert Water Refill Company. People that need your water will most likely look for ways to get to your water refill station. Schools, public facilities, homes and even companies are other sources where your water might be needed. Every society wants all its qualified members to be gainfully employed.
Failure to replace reverse osmosis filters on schedule can result in a clogged and damage system. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats. Contact the external site for answers to questions regarding its content. It also provides parking space for those who are picking up bulk orders. Mineral is only P150,000. It also sought to determine the acceptability of the proposed project and the willingness of the target market to patronize the product. This is because it can earn you a sustaining livelihood if it is positioned and advertisement well.
Filamer Christian College water refilling station: A feasibility study
We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders the owners, workforce, and customers. As a result of that, we were able to conduct a thorough market survey and feasibility studies so as to position our water refill station in the right location to be able to take advantage of the existing market for treated water and also to create our own new market. Aqualife Purified Water Refilling Station had just been established last August 2013 and inaugurated its normal operation last December of the same year. ECONOMIC ASPECTS 2 Market Description A. Water Refilling Machine — P 250,000. When individuals are employed, they will be able to raise their children support them through school, provide them with decent homes, acquire medical services whenever needed and contribute to government income through the payment of income taxes. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more depending how fast we meet our set target.
Water Refilling Station Feasibility Study _ opportunities.alumdev.columbia.edu
Sales Forecast One thing is certain when it comes to water refill station business, if your water is well — treated and your water tanker hygienic and if your water refill station is centrally positioned and easily accessible, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business. This demand was the basis of our computation of sales, taking into account the total population of the school in 2008-2009. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category startups water refill stations in the industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives. Water Supply System - infrastructure for the collection, transmission, treatment, storage, and distribution of water for homes, commercial establishments, industry and irrigation, as well as for such public needs as firefighting and street flushing. It is advisable you visit companies that are into cleaning services and laundry services to inform them that you are new in town; because they are always in need of water and you might become a repeat water supplier. Indeed, in order to function the Earth depends on water.
Water Refill Station Business Plan [Sample Template for 2022]
Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. Sales Income Check market price per 5 gal. Design ------------------------------------ - iii. Moreover, two 2 more male work students will be hired as utility boys who will work alternately, one in the morning and one in the afternoon. It is a measure of the condition of water relative to the requirements of one or more biotic species and or to any human need or purpose. Transportation is provided by a combination of private or owned vehicle, jeepneys, and tricycles.
The industry is responsible for the employment of well over 232,714 people. It has also a very positive cash flow and profit generating capability. Our Business Structure Brian Colbert Water Refill Company is a business that is established with the aim of competing favorably with other leading water refill station brands in the industry and also to open our outlets all across key cities in the United States of America. While conforming to the national sanitation standards, these water refilling stations often provide cheaper sources of clean, potable water than traditional sources such as bottled mineral water bought at supermarkets. Over and above, water refill station business is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business; you can choose to start on a small scale servicing a community or you can choose to start on a large scale with several outlets in key cities all around the United States of America. We are aware of the pricing trend in the water refill station line of business which is why we have decided to have various sizes of gallons and water tankers. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
These will only be possible if every firm will be responsible enough to perform their duties and obligations to their customers, community and of course to the government. Water is the primary source of living on which all the creature is dependent. This method of survey consisted of sampling and surveying of relevant populations selected residents of Nagyantok Village and their perceptions and opinions regarding the proposed business. Going forward, per capita water consumption is projected to decline, as increasing concerns regarding water conservation drive policy aimed at reducing consumption. Shortage in water supply and safe water to drink is the main problem of the residents of Subic. And the cost of it? The industries also consume a great deal of water on a large scale. The geographical area covered by Agua Mart water refilling station and the potential market are just exclusive — Nagyantok village which serves as the proposed location of the project.
A repair technician in telecommunication industry and the owner of Agua mart Refilling Station. Considered waste in this project will still be water, which can be further used for laundry, watering of plants, washing of cars and for comfort room use. We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our water refill station brands. In essence, Brian Colbert Water Refill® Company will generate income by selling and supplying treated water; 10. The location of the store is very accessible to the neighbor.
The refilling operations start at 7:00 AM and ends at 5:00 PM. These problems are accredited to the poor water system in the Philippines. In view of that, our prices will conform to what is obtainable in the industry but will ensure that within the first 6 to 12 months our treated water are sold a little bit below the average prices of various water refill stations in the United States of America. It is one of the most precious and important resources that sustains life. North East of Subic market.
He used to have a computer shop in olongapo for 3 years, went bankrupt on May 2020 due to pandemic. WQAP , and the Association of Water Refilling Entrepreneurs AWARE will be consulted and their permission will be asked prior to the operation. We are in the water refill business to engage in the sale and supply of treated water to residential apartment, offices and industrial plants. Water is the foundation of our lives, It is fair to assume that the only way to sustain life is because of the water beneath the Earth. Danuya, 46, resident of Baranggay West Bajac Bajac, Olongapo city. So also, the location of our water refill station centrally located in major road prone to both human and vehicular traffic, our large distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business. Are you about The essence of going into any form of business should be basically to fill in a need or solve a problem.
