The $50 Challenge SMITH COLLEGE OCTOBER 2014 * S SQUARED * PRODUCT - cookies/chips/tea - collaged glass bottles PLAN - Sell in the streets of Northampton across from the Starbucks. Play guitar to attract costumers. OUTCOME - Did not turn out very well. Only made back money that we spent. Perhaps lack of mobility and signs prevented more profit? Samin Gokcekus & Sarah Hirsch In Action Net Proceeds $0.00 Charity: Gillette House SEXY BOBA • Homemade Taiwanese bubble milk tea • $5 for each • Use real milk, real tea bag, and less sugar healthier Net Proceeds $82.88 Charity: CISCO Family Portrait Face Painting Members: Chenxi Fang, Zhiyi Chen, Shengjie Dai, Jingping Nie Our Idea • Do face painting for Smithies and their family members on the Saturday of family weekend • Designed 5 Smith-related or Fall-related styles (i.e. Smith Pride, Smith Pioneer, Halloween Pumpkin, etc.) Outcome • Painted 25+ faces/hands What We Learned • How to make our idea work with limited resources • The importance of teamwork • Be flexible Gallery Net Proceeds $110.00 Charity: Smith College News Hippo-Halloween Candy Delivery 1. What is our idea? • Consumers can choose in between Two sizes of candy ($5 for small one and $ 8 for large one) along with a free card. • All team members delivery candy bags to Smithies’ dorms at the eve of Halloween. 2. Outcomes • We sold out all of our candy bags(40 bags in total) • We adjusted our price after receiving responses from consumers that our original prices were too high. Net Proceeds: $184.00 Charity: CISCO Clicks & Treats Sipho Kargbo, Samantha Bergman, Serena Sakheim, Lucia Simova, Jenny Park Idea • Hold a bake sale to support the Smith College Global Medical Brigades! How we did it! • Produce a variety of sweet treats (cupcakes, whoopie pies, cookies) • Take family photos of customers who buy package deals 2 cupcakes = 1 photo 4 cupcakes = 3 photos 6 cupcakes = 5 photos Results • No pictures were taken as customers only bought single cupcakes. • The beginning of opening the business was difficult as many potential customers had already eaten. • Outside factors may have deterred potential customers to buy sweet items (time of day, weather, other events nearby) • To fix this problem, Clicks & Treats brought our booth to them! We brought our goods to events where parents might be. We canvassed the Smith vs. Wellesley soccer game, a field hockey game and other Family Weekend events! Net Proceeds: $268.75 Charity: Global Medical Brigades Boba Bubble Mengqi Chen Iris Dong Lingxuan Li Wanqi Wang Anyu Xu What did we do: - Sold bubble tea for $3 each - Sold (pre-order) self-made postcards, 1 piece or a set of 8 - Presented TECC in terms of vision & volunteer programs Outcomes: - Received 11 pre-orders from students & parents - Publicized TECC and its summer programs in China & bring in prospective participants - Learned how to sell ideas, communicate effectively, and collaborate w/ team members and other groups - Holding on till the last minute matters! Net Proceeds $339.00 Charity: TECC Friends of Bears Smith Bear Parents Project • Brief Description: Fundraising to befriend a rescued moon bear (Cost $15: Bear Parents Certificates + Gummy Bears) • Strategies: - Set a specific goal: 50 donors or “Bear Parents” - Exemplify the impact of donation: e.g. you can spoil your bear with a pot of honey if you donate $8 - Change locations per Family Weekend schedule - Provide update about the befriended bear in the future • Outcome: Over 80 donors Net Proceeds $340.20 Charity: Animal Advocates of Smith College Asian Dessert Express Sell mochi, a Japanese delicacy made from rice flour and filled with red bean paste We put a twist on the classic mochi and decided to offer a different option – Nutella mochi We made four big trays and ended up selling all of them Net Proceeds: $403.03 Charity: Animal Advocates of Smith College InkChina Jiaying Liang Jiaao Lu Mingrui Xu Yitian Ye Chenjia Zhu Strategy: -selling handmade bookmarks, postcards, and larger pieces containing Chinese Caligraphy; -approaching potential customers with samples and asking whether they are interested in check out our products; -offering customized bookmark option Lessons Learnt: -it is important to take advantages of the location, try to capture more customers -having assigned jobs for each members makes the process more efficient -handmade stuff is the best! Outcome: -primary customers: parents who are interested in Chinese culture -the idea of supporting Education in China was appealing to many donors InkChina Jiaao Lu Yitian Ye Chenjia Zhu Mingrui Xu Jiaying Liang Net Proceeds $469.75 Charity: TECC Grand Totals THE 2014 $50 CHALLENGE SMITH COLLEGE Team Net Proceeds Charity S-Squared $0.00 Gillette House Sexy Boba $82.88 CISCO Family Portrait $110.00 Smith College News Hippo $184.00 CISCO Clicks and Treats $268.75 Global Medical Brigade Boba Bubble $339.00 TECC Friends of Bears $340.20 Animal Advocates of SC Asian Dessert Express $403.03 Animal Advocates of SC Ink China $469.75 TECC Team Net Proceeds Charity S-Squared $0.00 Gillette House Sexy Boba $82.88 CISCO Family Portrait $110.00 Smith College News $184.00 CISCO Clicks and Treats $268.75 Global Medical Brigade Boba Bubble $339.00 TECC Hippo Grand Total: $2197.61 Friends of Bears $340.20 5 hours, 9 teams, 38 students, Animal Advocates of SC organizations Animal Advocates of SC Asian Dessert Express 6 charitable $403.03 Ink China $469.75 TECC