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