Week #5: higher costs…

Our sales are not going high as we expected… We were dealing about it for a week and found out what is the reason. Our product is expensive.

WHY? here is the answer:

We researched the market of bracelets before, but only now detected that our bracelets has a higher costs than others. The problem is that we bought materials in the shop that is more expensive that others.

What we are gonna do????? that is the question. We sold some bracelets but only among the people we know — they are just trying to support us.

  • we can reduce the price but it will reduce our profit too
  • our teacher- Stephen suggested to add some unique features like university logo… -we can change something in our product