Select Collect Receipt Current Market A great idea... it makes - PowerPoint PPT Presentation

Jan 11, 2024 •146 likes •387 views

Select Collect Receipt Current Market A great idea... it makes business sense especially given how products like a wine sampler have worked to expand the market . John Mackey, Whole Foods CEO & Co-Founder I can see this machine

Select Collect Receipt
Current Market
“ A great idea... it makes business sense especially given how products like a wine sampler have worked to expand the market .” John Mackey, Whole Foods CEO & Co-Founder “ I can see this machine helping us sell more spices! ” Christopher Durkin, Harvest Co-Op Director of Membership & Community Relations “ I see a need for this product.” James Lynn, McCormick & Co. Director of Corporate Communication
Technical Innovations • Dispensing • Collecting • User Interface
Dispensing
Collecting
User Interface
User Interface
User Interface
User Interface
User Interface
User Interface
User Interface
Business Opportunities “ Product introductions like Recipe Inspirations(R)... are driving sales .” 2009 McCormick Annual Report
Business Opportunities Machine Spices Service
Financial Projection Year 1 Unit Production Cost Annual Operations Cost $250 Marke&ng ¡ & ¡Sales ¡ Assembly ¡ $127k $127k Research ¡ $1500 Mfg. ¡ $1250 & ¡Develop. ¡ $127k Materials ¡ General ¡& ¡ Admin. ¡ $3,000 per unit $380,000 per year Selling Price = $9,000
Financial Projection breakeven IRR 24%
revolution in spices
Acknowledgments Juhan Sonin Tom Smith John Mackey Maria Yang David Wallace Jim Lin Jane Conner Ilan Moyer Dick Fenner Bobby Dyer Sangmok Han Bill Cormier Eric Statz Chris Durkin Joe Cronin Gerald Trotman Mike St. Clair James Dudley Justin Lai Don Pierce Steve Haberek

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