
The sales were excellent! As I wrote in my previous post that my school is conducting an activity on profit and loss for a better understanding of the concept, we have completed the project successfully this month. Our group had five people who were engrossed in different roles and including me, managing it. We decided to keep two items on the menu, and they were Bhel-Puri ( A tasty Indian street snack) and Choco-bites (bites of three different flavors of chocolate.Yum!).
When we started the sales, very few came to buy food from our stall, mostly because the stall next to us had a more attractive dish ( Chocolate lollipops with sprinkles). So, we shifted our booth to some other place outside near the exit where many people go out( a huge advantage). And hence, the sales began! We tried our level best to sell our items, and for a moment, we forgot our roles. I was a manager, but I became a marketer, server, and whatnot. Our parts weren’t necessary. We tried many different ways of marketing to attract our customers, and all of them worked! ( We also had to resist the urge to eat our food or else we would have eaten everything without selling anything!)
There was also some competition, but we managed to sell every scrap of our food ( thanks to our marketing skills, people loved chocolate!). After selling everything, there was still a lot of time. So, we created a new dish( bread with choco spread) on the spot and changed our menu. It was a massive hit, and we managed to collect more money with less investment.
After the sales, I calculated the profit and loss ( Obviously, that was my job. I love Mathematics! ). We were in profit, and we collected double the money we invested.
Overall, we had a lot of fun and enjoyed every moment of this practical learning experience. We donated our profits to set up a library in a government school on behalf of our school.
We get to learn new things from every experience in our lives. That day, I got to know that in business the most important thing is the way we talk to the customers and the marketing strategies, which makes us a successful businessman(although there is a more attractive dish at another place far away!).
Hope you had a wonderful 2019 and lets welcome 2020 with a big smile taking all the memorable moments with us ahead.
Photo by DepositPhotos
