Entrep Finals
Entrep Finals
MARIA, BULACAN
BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY
SUBMITTED BY:
Group 5
Belmonte, Jamaica
Buluran, Gabrielle
Cruz, Marvin
Espiritu, Aldwin
Gunio, Lloyd Abante
Lozano Aldrin
Orteza, Prince Steven Zakineil
Payumo, Joshua
Lloyd Abante Gunio
Salazar, Blessie
Valdez, Erica
A. Product/Service Description
Our delectable Graham Donuts are a true fusion of classic comfort and irresistible
innovation. Crafted with a diligent blend of finely ground graham crackers and our dough
recipe, these donuts offer a uniquely nostalgic and delightful experience. Each bite is a
journey through the warm, toasty flavors of graham crackers, complemented by a
slightly crispy exterior that gives way to a soft, melt-in-your-mouth center. These donuts
are lovingly handcrafted, ensuring freshness that's second to none. Whether you enjoy
them plain, glazed, or filled with a variety of fillings like chocolate, caramel, or even
marshmallow, our Graham Donuts are a timeless treat that brings the warmth of a
campfire right to your taste buds.
B. Customers Benefits
Graham donuts, with their unique blend of flavors and textures, offer an
abundance of benefits to customers seeking a delightful treat. First and foremost, these
delectable donuts provide a harmonious balance between sweetness and the
comforting earthiness of graham cracker crumbs. This balanced profile caters to a wide
range of taste preferences, making graham donuts an inclusive choice for customers of
all ages. Additionally, the graham cracker's subtle nutty undertones offer a satisfying
depth of flavor that pairs exceptionally well with various fillings and toppings, granting
customers the freedom to customize their indulgence.
Furthermore, graham donuts boast a hearty and wholesome quality, making
them a guilt-free option for those looking to enjoy a tasty treat without compromising
on nutrition. They often contain whole wheat ingredients, adding dietary fiber and
essential nutrients to each bite. This nutritional boost, coupled with the delightful taste
experience, ensures that customers not only savor the moment but also feel good about
their choice. Graham donuts, in essence, offer a delightful and nutritious escape from
the everyday, satisfying both the palate and the desire for a satisfying treat.
At Graham Delight, our Unique Selling Proposition (USP) is rooted in the perfect
blend of time-honored tradition and exciting innovation. We've taken the classic donut
experience and transformed it into something extraordinary by infusing the warm,
toasty essence of graham crackers into every delectable bite. Our commitment to
quality, handcrafted excellence, and the finest responsibly sourced ingredients sets us
apart.
Business Model Canvas
Key Partners:
2. Local Farmers' Markets and Food Fairs: We collaborate with local farmers' markets and
food fairs, which are popular public markets, to set up stalls or kiosks to directly engage
with customers. These partnerships allow us to showcase and sell our Graham Donuts in
a more community-oriented setting.
3. Key Resources Received from Partners:
a. Shelf space and visibility within supermarkets and retail chains.
b. Stall or booth space at local farmers' markets and food fairs to directly interact
with customers.
Key Activities
Value Propositions
Graham donuts offer a unique and delightful taste experience by combining the distinct
nutty, honey-like essence of graham crackers with the sweetness of traditional donuts. These
donuts are especially appealing to customers seeking a delicious and convenient snack or
dessert option, thanks to their exceptional flavor combination and decadent, satisfying texture.
Our company's primary objective is to exceed customer expectations by delivering
highquality products and exceptional customer service. We are committed to providing creative
solutions to meet our customers' needs and go above and beyond to enhance their overall
experience.
In addition to our regular offerings, we also provide a variety of miniature donut
packages suitable for office meetings and small gatherings. We are considering the
establishment of a loyalty program to foster a sense of community among our local customers
and encourage repeat business through discounts and other rewards. As the majority of our
target customers are students, we aim to meet their cravings and expectations for delectable
desserts. Recognizing that young customers have discerning tastes when it comes to sweets, we
strive to offer highquality and flavorful Graham Donuts that can serve as their go-to snacks to
alleviate the stresses of a demanding day.
Customer Relationships
Our business places a strong emphasis on nurturing and maintaining customer
relationships as an integral part of our business strategy. These relationships are categorized
into several distinct tiers, allowing us to tailor our interactions to meet the diverse needs of our
customer segments.
2. Loyalty Program: As part of our efforts to retain and expand our customer base, we are
in the process of establishing a loyalty program. This program is designed to not only
reward repeat customers but also to maintain an ongoing connection. The loyalty
program will offer discounts, exclusive promotions, and early access to new flavors,
strengthening relationships with loyal patrons and encouraging them to return.
These customer relationships are seamlessly integrated into the core of our business
model. They play a vital role in understanding customer needs, enhancing customer retention,
and driving business growth. Through ongoing and meaningful interactions, we aim to create a
strong and lasting bond that benefits both our customers and our business.
Customer Segments
Our customer segments encompass a broad range of individuals, from students and
professionals to health-conscious consumers and social media enthusiasts. By understanding
the unique needs and preferences of these segments, we aim to deliver Graham Donuts that
cater to a diverse audience while fostering customer loyalty and strengthening our brand's
presence in the market.
1. Students on the Go: Our Graham Donuts are a perfect fit for busy students who need a
quick and satisfying snack between classes or during study sessions. The delightful taste
and energizing qualities of our donuts make them an ideal choice for students on the go.
2. Working Professionals: For professionals with hectic schedules, our Graham Donuts
provide a convenient and indulgent snack option. Whether enjoyed during coffee breaks
or on the way to work, our donuts offer a delightful respite from the daily grind.
5. Social Media Enthusiasts: Our visually appealing and unique Graham Donuts are perfect
for those who love sharing their food experiences on social media. By offering
Instagramworthy treats, we engage social media enthusiasts who can become
advocates, spreading the word about our delightful donuts.
Key Resources
To deliver our value proposition of delicious and nutritious Graham Donuts, we rely on
several key resources.
Premium Ingredients are at the core, including graham crackers, flour, sugar, and dairy
products, forming the foundation of our product's exceptional taste. Skills in Baking are the
heartbeat of our operation, meticulously crafting each donut to maintain a consistent level of
quality. Our Baking Equipment which includes mixers, ovens, and fryers, ensures efficient
production. A well-established Distribution Network of distributors and delivery vehicles
guarantees that our donuts reach retail outlets and customers promptly while maintaining their
freshness. Leveraging Effective Marketing through social media and marketing platforms is
integral to promoting our product, reaching a wider audience, and showcasing our unique
offerings. Eco-Friendly Packaging Materials are used to present our donuts attractively while
aligning with our commitment to environmental responsibility.
Channels, as an integral part of our business strategy, play a crucial role in how we
deliver our value proposition to customers, particularly for businesses seeking recognition and
visibility through the internet. We employ both physical and virtual channels, recognizing the
prevalence of social media platforms such as Facebook and Instagram in today's digital
landscape.
1. Social Media Engagement: the influence of social media platforms like Facebook and
Instagram, we can post our products, showcasing our shop, and introducing customers
to our diverse range of offerings. These platforms not only serve as a means of visual
engagement but also facilitate direct interactions with our customer base. By
maintaining an active social media presence, we aim to build brand recognition and
connect with a broader audience.
For businesses aspiring to gain recognition and visibility on the internet, our strategic use of
these channels empowers us to deliver our value proposition effectively. By blending the digital
power of social media with traditional communication methods, we aim to create a seamless
and engaging customer experience while establishing a strong online presence for our brand
and services.
Cost Structure
The major cost drivers of our business, including ingredient quality, skilled labor, and
marketing efforts, are influenced by both key resources and key activities. For instance, the
employment of skilled bakers (a key resource) directly impacts labor costs (a key activity), which
is a significant contributor to our cost structure.
The allocation of resources to key activities and the maintenance of key resources are
intricately tied to our cost structure, as they define the expenses necessary to support our
business operations.
1. Ingredients Procurement (Key Resource): The quality and procurement of ingredients are
integral key resources in our business. Ensuring a consistent supply of high-quality
graham crackers, flour, dairy products, and sugar is essential for the taste and quality of
our donuts. This key resource directly contributes to the cost structure as it involves the
expense of acquiring top-notch ingredients.
2. Skilled Bakers (Key Resource and Key Activity): Skilled bakers, who are experts in their
craft, are both a key resource and a key activity. They play a vital role in crafting our
donuts to maintain consistent taste and quality. The employment and training of these
skilled bakers represent a key activity and a cost associated with the labor expense.
3. Marketing and Promotion (Key Activity): Marketing and promotional activities are vital
key activities within our business model. These activities include social media
advertising, in-store promotions, and participation in local events, which directly impact
our cost structure through expenses related to marketing efforts.
4. Equipment Maintenance (Key Resource): The bakery equipment, including mixers, ovens,
and fryers, is a key resource that requires regular maintenance to ensure the efficiency
of production. This key resource contributes to the cost structure as it involves
maintenance and potential repair costs.
5. Distribution and Delivery (Key Activity): Distribution and delivery represent key activities
essential for ensuring timely access to our products. This involves expenses related to
transportation, packaging materials, and logistics management, contributing to the cost
structure.
Revenue Streams
1. Determining Customer's Willingness to Pay: Customers are willing to pay for our product
based on the value they receive. This value is determined not only by the cost-based
price but, more importantly, by their level of satisfaction and the fulfillment of their
needs. The price of our product should align with the perceived value they derive from
it, ensuring they find it worthwhile and satisfying.
2. Factors Influencing Customer Payments: Customers are willing to pay for products when
they effectively meet their needs and provide the desired level of satisfaction. Their
willingness to pay hinges on factors such as the perceived quality of the product, the
convenience it offers, the reputation of our company, and the competitive landscape in
the market. In the context of a food or snack company, customers are often willing to pay
for tastier, healthier, or more convenient alternatives to traditional snacks.
4. Effective Pricing Tactics and Strategies: We implement various pricing tactics, including
cost-based pricing and tiered pricing. Our pricing strategy is rooted in cost-based pricing,
Business Expenditures
The total cost formula, represented as (Fixed Cost / Quantity of Units produced) gives
Information about a company’s cost structure to determine profitability.
PACKAGE
-6 pcs. Of Graham Delights Donuts (6pcs per box)
= 135.00 pesos per box +15.00 (Net profit)
= 150.00 pesos
Practicality
Our business is grounded in a practical and sustainable approach, ensuring
viability and success in a competitive market.
Feasibility
Target Market:
Operational Structure:
To facilitate the successful launch and sustained operation of the Graham Donut,
a dedicated team of eight individuals assumes responsibility for various aspects of the
business. These responsibilities encompass expense management, equipment
preparation, product execution, ingredient procurement, packaging, sales, and
marketing. The team leverages social media as the primary marketing platform,
showcasing an array of optional flavors to engage customers visually. Additionally, the
business adopts a delivery service model to enhance accessibility for a wider audience.
Marketing Strategies:
Central to the marketing strategy is the utilization of social media platforms as a
dynamic tool to promote the Graham Donut. Beyond mere product promotion, these
platforms serve as interactive spaces for engaging potential customers, presenting a
diverse range of flavors to capture attention. Seamless online transactions and efficient
delivery services contribute to overall convenience for customers, enabling them to
order from the comfort of their homes.
Conclusion:
In summary, the Graham Donut emerges as a promising contender in the market,
boasting a distinctive product, targeted marketing strategies, and a well-structured
operational model. Its appeal to the broader young adult demographic, coupled with a
considerate approach, positions it for success. The business’s adaptability to customer
feedback will be pivotal in ensuring continued popularity and growth within the dynamic
snack market.
Efficiency
To make our graham donut production smoother, we follow a careful plan. First, we read
the recipe thoroughly and make sure we have all the ingredients and equipment ready. This
helps us avoid interruptions and saves time during preparation. We also use a mixer to speed up
mixing the dough and ensure it turns out consistently each time.
We make the donuts in batches, preparing a larger amount of dough and cutting
multiple donuts at once. This saves us time and makes the process more efficient. When frying,
we focus on precision. We use a deep fryer with temperature control or a thermometer to make
sure the oil is at the right temperature. Frying smaller batches at a time prevents overcrowding
and ensures the donuts cook evenly.
One key strategy is to work efficiently. While some donuts are cooking or cooling, we get
the next batch ready, making the most of our production time. These methods are general tips
that can be adjusted based on the recipe and equipment. Practice and experience are crucial for
continually improving and making our graham donut-making process more efficient and
topnotch.
Opportunities:
Diversification of Flavors: Introducing new and innovative flavors can broaden the
customer base and cater to a wider range of preferences. Online Presence Expansion: Beyond
social media, creating a user-friendly website for online orders and deliveries can extend the
business’s reach beyond the local community. Collaborations and Partnerships: Exploring
collaborations with local businesses or events can enhance visibility and attract a broader
audience.
Threats:
Competition: The confectionery market is competitive; staying vigilant to emerging
trends and competitors is crucial to maintaining a unique market position.
Changing Consumer Preferences: Evolving consumer tastes and health trends may
impact the demand for sweet snacks, requiring adaptability in product offerings.
Economic Factors: Economic fluctuations can affect consumer spending habits,
potentially influencing the demand for premium snacks like the Graham Donut.
This SWOT analysis provides a comprehensive overview of the internal strengths and
weaknesses as well as external opportunities and threats facing the Graham Donut business.
Continuous monitoring and adaptation to changing market dynamics will be essential for
longterm success.
MARKET DEMAND
TARGET MARKET:
Graham Delight Donuts strategically focuses on capturing the hearts and taste
buds of children and teenage students in close proximity to STI College Sta. Maria.
Recognizing the innate affinity of this demographic for sweetness, the introduction of
graham-flavored donuts aligns seamlessly with their flavor preferences. Moreover, the
adolescent age group, characterized by rapid growth, manifests higher energy
requirements, making sweet snacks an appealing and energizing choice for these
individuals.
COMPETITIVE ANALYSIS:
In an environment already hosting established competitors like Dunkin and
Happyhouse, Graham Delight Donuts leverages its unique selling proposition – a fusion
of affordability and superior quality. This strategic amalgamation aims not only to
compete but to carve out a distinctive niche in the market. By offering budget-friendly
yet delectable graham flavored donuts, the business intends to resonate specifically with
the tastes and economic considerations of children and teenage students. The ultimate
objective is to not just attract but also retain a loyal customer base, establishing Graham
Delight Donuts as a preferred and distinctive choice in the fiercely competitive donut
market of Sta. Maria, Bulacan. Through this comprehensive market approach, Graham
Delight Donuts positions itself for sustained success and prominence in the local culinary
landscape.