Today in business we analysed the data we received from the survey to get the students opinions on different aspects (prices, flavour/colour). This is for market day and is there to help us with the product we will be selling. Our product is Candy Floss and Fizzy drinks. Our brand is called Candy Floss Confetti.
We are selling candy floss because it's not something people eat everyday and is like a treat. We are also selling fizzy drinks along with different choices of colour for the candy floss.
Do you like candy floss?
If the answer would be yes, we would carry on with our plan but if the answer would be no, then we’d have to change our plan and find another product to provide for the day.
How much are you willing to pay for candy floss?
It doesn't affect us as much with how much people are willing to pay as we have different options to choose for what you want and it's very cheap for us to get and create our product.
Does the colour of the candy floss matter?
This question was asked to determine whether or not people had a preference for a certain colour or if there was a more ‘popular’ colour. This wouldn’t affect us at all as it gives us more options to choose from for colours.
If yes what colours?
People will give their opinions and we can get the 2 most popular colours and make that colour candy floss.
How much would you be willing to pay for fizzy? $2
This question wouldn’t affect us much because this is there to give us options on how much a person is willing to pay.
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