Language speaking pill

Emily Young
Mind Map by Emily Young, updated more than 1 year ago
Emily Young
Created by Emily Young almost 5 years ago
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Description

Dragon's Den invention
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Resource summary

Language speaking pill
1 Costs
1.1 5p a pill to produce
1.2 Sell for £10 per pill
1.3 Mark up = £9.95 per pill
2 Sales
2.1 Market = tourists
2.1.1 Anyone who travels or works abroad
2.2 2017, 100 pills = £954
2.3 Predicted sales 2018 = 1000 sales = £9540
3 Marketing
3.1 Spend money on a TV advert
3.2 Create logo
3.3 Put adverts in travel brochures
4 Dragons
4.1 Request £10,000 for advertising
4.2 Give away 20% equity
4.3 Try to get a dragon with connections in tourism
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