Cinchprint Inc.Cinchprint Inc.

Presented by Or EfratPresented by Or Efrat

What is the product?What is the product?

Drawstring backpackDrawstring backpack

(Cinch Pack)(Cinch Pack)

Who Needs This Product?Who Needs This Product?

EVERYONE!EVERYONE! Use for:Use for: AthleticsAthletics

Test TakingTest TakingOutdoorsOutdoorsTripsTripsAnything!Anything!

Green-ish?Green-ish?

Made out of recycled materialsMade out of recycled materials 80 GSM Non-woven Polypropylene 80 GSM Non-woven Polypropylene Recycled > Regular plasticRecycled > Regular plastic

Calling All Salesmen!Calling All Salesmen!

Roughly 15,000 Wayland residentsRoughly 15,000 Wayland residents 950 Students at WHS950 Students at WHS 140 faculty members140 faculty members At least 2 relatives eachAt least 2 relatives each Middle SchoolersMiddle Schoolers

Charging Us ExtraCharging Us Extra

Setup Fee = $50Setup Fee = $50 Marketing = $200Marketing = $200

Key CostsKey CostsOrder sizeOrder size Price per unitPrice per unit Proposed Proposed

Selling priceSelling priceTotal Purchasing Total Purchasing cost ( + marketing cost ( + marketing

& setup fee)& setup fee)

Break even Break even at…bagsat…bags

250250 $1.75$1.75 $3.50$3.50 $687.50$687.50 197197

250250 $1.75$1.75 $4$4 $687.50$687.50 172172

250250 $1.75$1.75 $5$5 $687.50$687.50 138138

500500 $1.71$1.71 $3.50$3.50 $1105$1105 316316

500500 $1.71$1.71 $4$4 $1105$1105 277277

500500 $1.71$1.71 $5$5 $1105$1105 221221

10001000 $1.67$1.67 $3.50$3.50 $1920$1920 549549

10001000 $1.67$1.67 $4$4 $1920$1920 480480

10001000 $1.67$1.67 $5$5 $1920$1920 384384

Possible ProfitsPossible ProfitsQuantityQuantity Selling PriceSelling Price ProfitProfit

250250 $3.50$3.50 $185.5$185.5

250250 $4$4 $312$312

250250 $5$5 $560$560

500500 $3.50$3.50 $644$644

500500 $4$4 $892$892

500500 $5$5 $1395$1395

10001000 $3.50$3.50 $1578.50$1578.50

10001000 $4$4 $2080$2080

10001000 $5$5 $3080$3080

CalculationsCalculations

Total Purchasing Cost = (price per unit * # of units) + ($200 Total Purchasing Cost = (price per unit * # of units) + ($200 Marketing) + Marketing) + ($50 setup fee)($50 setup fee)

(1.75*250) + 250 = (1.75*250) + 250 = $687.50$687.50

Break even = (total purchasing cost)/(proposed price)Break even = (total purchasing cost)/(proposed price) (687.50)/(3.50) = 196.42 rounds to (687.50)/(3.50) = 196.42 rounds to 197197

Profit = (Quantity of units – break even amount) * (proposed Profit = (Quantity of units – break even amount) * (proposed price)price)

(250 – 197) * (3.50) = $(250 – 197) * (3.50) = $185.50185.50

Selling…..Where?Selling…..Where?

Commons – LunchCommons – Lunch After School – Language/History AreaAfter School – Language/History Area Middle School – Outside front entranceMiddle School – Outside front entrance Door to door - …WaylandDoor to door - …Wayland Relatives – Family eventsRelatives – Family events School Events – Banquets, concerts, etc.School Events – Banquets, concerts, etc. Local Sporting Events – soccer, baseball, etc.Local Sporting Events – soccer, baseball, etc.

Getting People to CareGetting People to Care

Salesmen shirts, buttons, hats, stickersSalesmen shirts, buttons, hats, stickers WSPNWSPN Sample the productSample the product Local Advertisements – WayCam, local stores, Local Advertisements – WayCam, local stores,

etc.etc. School PostersSchool Posters Raffles, promotionsRaffles, promotions

TargetsTargets

Students – primarily high schoolStudents – primarily high school Parents – localParents – local Relatives/Neighbors Relatives/Neighbors AthletesAthletes Faculty MembersFaculty Members

No One Can Compete!No One Can Compete!

Cinch Packs > large, heavy backpacksCinch Packs > large, heavy backpacks Plastic bags? Cant put around your arms/backPlastic bags? Cant put around your arms/back No more bulky pockets!No more bulky pockets! Hands free!Hands free!

Contact InformationContact Information

Absorbent, Ink. Absorbent, Ink. 1310 Wakarusa Drive, Suite A1310 Wakarusa Drive, Suite ALawrence, Kansas 66049Lawrence, Kansas 66049

Contact or call 785-842-9164 Contact or call 785-842-9164 Monday-Friday from 9am to 5pm CST. Monday-Friday from 9am to 5pm CST.

Works CitedWorks Cited

"Non-Woven Cinch Up Backpacks." "Non-Woven Cinch Up Backpacks." Absorbent, INKAbsorbent, INK. 2009. . 2009. Web. 20 Sept. 2009. Web. 20 Sept. 2009.

<http://www.absorbentprinting.com/>.<http://www.absorbentprinting.com/>.

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