CC Economics Shark Tank Research Form & Description and Purpose Task

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Economics Shark Tank Research
You will be creating a product and a business proposal (Google Slides) as if you were planning to
pitch your idea to the entrepreneurs on the TV show, Shark Tank.
As you create your project, think about the episodes of Shark Tank we’ve watched in class. What
products did the sharks invest in? Why? What products did the sharks reject?
Executive Summary/Marketing Plan Layout Sheet
SLIDE 1
What is your company called?: _______________________________________________________
What is your product called?: ________________________________________________________
What is your slogan?: ______________________________________________________________
(Your) Owners name?: _____________________________________________________________
SLIDE 2
Detailed plan of product/service:
________________________________________________________________________________
________________________________________________________________________________
Business Logo:
SLIDE 3
Business philosophy/purpose (Mission Statement): ________________________________________
________________________________________________________________________________
________________________________________________________________________________
SLIDE 4
How much would it cost to manufacture this product?:
Office space/warehouse/factory rental:
$
Utility costs (electricity/water):
$
Product cost:
$
Labor:
$
Advertising:
$
TOTAL
SLIDE 5
How much would you sell this product for? (be realistic & Google how much competition is) $_____________
What do you expect your profits to be?
$_____________
SLIDE 6
Who are your target customers?:
Region/state:
circle all that apply
West
Midwest
South
Northeast
Age:
circle all that apply
12 – 17
18 – 24
25 – 34
35 – 44
45 – 54
55 – 64
65+
Gender:
Male
Female
Income Level/social class:
circle all that apply
Lower
Middle
Both
Upper
SLIDE 7
Who is your competition, and why are you better than them?: _______________________________
________________________________________________________________________________
SLIDE 8
What startup cost would you incur?:
How much money do you want from the sharks:
$_________k (thousand)
How much ownership of your company would you be willing to
offer:
____________%
SLIDE 9
Where do you see your company in ten years?: __________________________________________
________________________________________________________________________________
________________________________________________________________________________
SLIDE 10
Why should the shark invest in your company?: __________________________________________
________________________________________________________________________________
________________________________________________________________________________
Be prepared to answer questions from the Sharks at the end of your
presentation.
PROJECT Rubric – Major Grade
Product (30 points)
Unique and creative
Sellable
/30
Executive Summary (30 points)
Answers all posed questions
Presented in an easy to understand way/well-organized
Realistic figures/well-researched
Follows format listed on the Marketing Plan Layout Sheet
/30
Presentation (30 points)
Knowledgeable of product
Engaging presentation/creative
Creative
Persuasive
All group members participated equally
The Sharks’ Scores (10 points)
This score is based on whether or not the sharks wanted to invest in
your product
TOTAL
/30
/10
/100
** 10 Bonus Points will be awarded for going above and beyond with a model – be creative! **
Group Member Names:
______________________________________
______________________________________
______________________________________
______________________________________

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Explanation & Answer:
1 Form 1 Descriptive Paper

Tags:
startup businesses

product design and development

Economics Shark Tank Research

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