Thursday, October 7, 2010

A New Direction

In the past week Jomato has seen a lot of changes. We have moved away from all three of our old ideas and begun researching two new products. We have continued researching the toiletry resale concept which has taken the majority of our time. We have continued to receive a good response from our target market. 


Our newest venture would consist of us selling JMU related ping-pong balls. We our still unsure of whether we will only be selling balls with the JMU logo on them, or whether we will target different organizations within JMU. As we've begun researching different manufacturers and custom printing companies the main issue has been pricing. It seems that if we want to make a larger profit and get the balls for under 50 cents we will have to order several thousand. Since we do not have the start up capital for such a venture, we will be spending the weekend researching alternative manufacturing techniques and suppliers. 


This week we have also worked on creating a company logo. Originally we had several ideas on how we wanted to make it, but we have all agreed on the same image. We are currently in the process of formating it from a freehand drawing to an image file that we will be putting on our packaging and advertisement.


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