1. NAME = Yuen Kong Yee
STUDENT ID = SCSJ- 0007829
2. AIM
is to set awareness to others
create a product which our customers will be pleased and satisfied
with
is called MULTI-ERASER
is just like the normal eraser stationery but it has multipurpose
that is Cleans pencil marks, Cleans pen ink, and Marker
pen/permanent market
fact it cleans anything that’s written on paper or on a whiteboard
like a normal eraser but much better
3. its components are exactly like that of an eraser
Which are:-
• Rubber
• Factis (a softener for rubber mixes)
• Sulfur
• Quartz powder
• Fillers
discovered that the below chemicals are being used in cleaning
hard/dry/permanent ink
introduced the chemicals into the already existing on
• SD alcohol-40
• isopropanol
• Resin
4. Specifications:-
* The Left Hand side of the Displayed
diagram is for the Ink eraser.
* The Right hands side is for the Pencil
eraser.
* The Bottom is for the Marker Ink Eraser
and
this bottom part would be able to erase all
colors of Markers both temporary and
permanent.
Please note the Displayed Diagram as Eraser
can only work for paper Error’s.
5. Our target market is going out to everyone
and anyone can use eraser
but the majority of the customers of the stationery shop are students:
The primary school pupils
They need it more than other groups of customers.
Middle school students
meanwhile, they have more pocket money than pupils
Vocational school students
Non-student customers Include:
School teachers
Residents living near to the street
Clerks
6. Four marketing mix are very important
I’m going to tell you why
Product: - A product is seen as an item that satisfies what a consumer
needs or wants
when talking about product you also has to consider packaging
It’s not about the packaging but more about the function
Price: - The price is the amount a customer pays for the product
price is very important
The price should be able to complement the other marketing mix
I have decided to sell my product for 3.50RM
A lot of people might say it’s expensive
No eraser has been made to clean pencils, pen and marker
7. Place: - refers to providing the product at a place which is convenient
the best channel distribution for our products which can be found in
stationery shops, shopping centres, mini mart
we will be selling my products directly l to the retailers and also the
customers
Promotion: - Represents all of the methods of communication that a
marketer may use to provide information
comprises elements such as: advertising, public relations, personal selling
and sales promotion
we will be focusing more on advertising in terms of fliers and billboards
and also personal selling
it is a very important to know whom and where u would like to promote
your product.
8. STRENGTH
The eraser is the only one to serve the pupils and the students who
need it especially for their study
It’s easy and affordable to use
Ability to sell product online
WEAKNESS
Competitors can offer similar products quickly
Limited start-up costs
High transportation costs
Limited flexibility in pricing
9. OPPORTUNITIES
If my product is located within schools and company it will be a
great opportunity
Multi-Eraser shop can supply the demand of different levels of
customers.
Ability to develop additional stationeries
THREATS
There is going to be a new department store in the next street. I t
Will supply all kinds of goods, including stationery. Maybe the
prices of the stationery in this department store are lower than my
Multi-eraser Product
On-line stationery shops that offer discount stationery are attracting
more and more customers.
Other convenient shops will sell stationery as their by work in order
to increase the business volume
10. MULTI-ERASER is a product that is expected to rise over the years
it is a smart and very good product
and also I believe everyone will be fascinated by this product
because of its remarkable function and turn out.
Hopefully if it turns out well we will expand and not only sell
erasers but other stationeries like pen, pencils.