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Magic umbrella cover week 2

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2 different design of prototypesCost of production for these prototype.Target marketSurvey finding

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Page 1: Magic umbrella cover week 2

Magic Umbrella Cover

Presented by the guardians

Page 2: Magic umbrella cover week 2

Prototype 1

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Prototype 2

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Cost of production

No umbrella manufacturers in Singapore because…• Cost of labor is too high• Cost of materials is too high• Market size is too small

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Cost breakdown

Our estimation for the retail price:

$1 material$0.5 printing$1.5 workmanship$7 umbrella (from Giordano)

Total $10

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Maintain a good, high-class imageDon’t mind spending more

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Survey

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Survey Results

Would rain negatively affect or spoil your shopping or holiday experience?

Would be willing to pay for a limousine (~$50) or taxi (~$20-30) service on a rainy day?

Would you expect the hotel to provide a good, complimentary umbrella?