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Outline and criteria for opportunity register
Your opportunity register will be for a business that sells out of a vending machine.
Vending Machine
You will present, describe, and assess a business that can be operated through a vending machine on a college campus. Describe what you will sell, what need this product fulfills, who is the primary group of customers who will want this product, how this group currently tries to fulfill this need, and when, where, and how often this group will buy. Assess the attractiveness of this opportunity by estimating revenues, variable costs, and necessary fixed costs that you will need to incur to pursue this opportunity. For example, if you need a specific type of vending machine, go to eBay, find one like the one you need, and determine its price. Find a supplier for the item(s) you will sell to determine your variable costs. Use information about how your customers currently fulfill their needs to determine your sales price to customers. For this opportunity register you will need to persuade the audience why the product you propose to sell will be popular at a vending-machine point-of-sale.
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