Research

Company Name:

International Emergency Technologies

Product:

The product will be an Individual Tsunami Warning System, which customers can carry with them portably that will quickly alert them of seismic activity potentially leading to a tsunami in a nearby area.

Pricing

Country:

Indonesia.

Why they want to buy your product?

This product is essential for coastal resident of Indonesia, because tsunamis have happened in the country before and loss of life could have been reduced or even prevented given adequate warning prior to the disaster.

Price:

The warning system will be priced at 898,500 Indonesian Rupiah.

Why is that the correct price to set?

By selling the product at just above the cost to produce, it will provide a reasonable rate of return back to the company while still being fairly affordable to the customers of Indonesia.

Output

Sales achieved per month:

We can expect to achieve roughly 200,000 sales based on current consumer demand.

Why should I believe you can sell that many?

Compared to current products out on the market, none are able to accurately predict a tsunami via a portable system like ours. This product will also provide instant warning, informing the customer long before officials can create a mass warning plan for areas that will be affected.

Shipping & Distribution

Foreign Distribution costs:

50% of sales

How will you distribute?

The product will be sold at various home supply stores and other retail locations where customers can purchase most of their disaster preparedness goods (non-perishable food, water, lumber, first aid supplies).

Services foreign agent will provide?

The foreign agent will analyze sales data, as well as oversee sales collections made in Indonesia.

Shipping costs:

It will cost 4,000 USD to ship the products in a 10x10x20 ft shipping container that will be transported by sea to Indonesia.

Shipping timing:

The shipping time is 30 days,...