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Worksheet 6: Product Mix, Market Share, and Market Type
What products will be sold through the market?

 

  • sweet corn
  • peppers
  • potatoes
  • watermelon
  • peaches
  • apples
  • baked goods
  • milk
  • impulse items
  • blueberries
  • cucumbers
  • spinach
  • broccoli
  • beans
  • tomatoes
  • carrots
  • bananas
  • oranges
  • strawberries
  • bedding plants
  • assorted nuts
  • celery
  • asparagus
  • lima beans
  • greens
  • spinach
  • jams
  • jellies
  • condiments
  • pineapples
  • grape fruit
  • peas
  • cheeses
  • cabbage
  • lettuce
  • beets
  • cauliflower
  • bread
  • etc.

 

* Rich and Debbie plan to grow four or five crops they grow best and purchase all other items wholesale for resale.

 

At what location(s) will the market be established?

 

  • The only feasible location is the one specified in Worksheet 1. It is on Route 43 between Wolf Chase and Lionville.

 

Is this the most feasible site of those listed?

 

  • not applicable

 

Which market type best fits the objectives set, the desired product mix, and the location selected?

 

  • considering the information contained in this report and on the basis of our financial analysis, we elect to establish a roadside stand.
  • eventually we plan to expand our facility to operate year-round, offering both seasonally available local products and products not native to our local soils.
  • we realize that our market may not grow as fast as our financial projections have indicated, yet we feel that we have economic data that suggests the potential is solid. We are willing to give the market a try for 3-to-5 years, with an annual review before the start of the next season.

 

Why is this type the best?

 

  • we feel this approach is the best approach for us because a year-round market would cost more than we can presently afford. We have also been warned about the need to establish and cultivate a loyal customer base before we can realistically think about expanding.

 

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