Unfortunately, Week 1 of our School Store did not go as well as we expected. We got four sales in total, and around $10 in revenue. This means that at this rate we will not be able to make any actual profit, as we still have to pay back the $30 of supply cost. However, we think that the low amount of sales is due to the fact that most people did not know that there was a school store, despite it being on the announcements! We need to find another way to advertise and ensure that students remember to bring in money - a lot of kids actually
do want to buy, they just forgot money.
We were also thinking that selling candy as a bundle deal (ex. buy five pencils, get a Jolly Rancher; buy colored pencils, get two, etc.) would boost our sales as everyone wants candy!
All in all, we hope to come back with a better report next week!