Question
Our company is addition onto Coopers Hawk Winery & Restaurants. The addition that we are making allows our existing members to host their own wine
Our company is addition onto Coopers Hawk Winery & Restaurants. The addition that we are making allows our existing members to host their own wine parties. They would be using our wine and hosting the party in their homes or in any location of their choosing, as long as the location is within 30 miles of any Coopers Hawk location. There is an original $20 fee for the first two hours of the party. Any additional end time of the party $5 per hour. The wine parties will include any amount of bottles, glasses, corkscrews, and bottle stoppers that the host requests. Host rewards will depend on how much is sold. This can range anything from 50% off cases of wine to $100 gift cards when guest sales are $300 or more.
3. The products that will be involved are all of the wines that are included on the Coopers Hawk menu. This include all of the white, sparkling, red, and the international wines. Also, the hosts are able to sell openers and stoppers, wine racks and holders, and all types of glasses from tall to short. The services that are provided include boxing the products that were requested by the host, bringing them to the location that the party is being held, and the average host after a successful party earns up to $200 in free Coopers Hawk products.
Please provide Financial Data from the information above 3 years of projections
- Include revenues (to be arrived at by units sold and price per unit)
- Include marketing expenditures how much and for what
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