The document outlines a group project with two parts. Part one involves setting up an online business to sell products over 10 weeks using social media or e-commerce platforms. Students must register their business, introduce their company and products, complete a business model canvas, explain their marketing platform, provide a social media marketing plan and weekly sales reports analyzing engagement and sales. They must also include the costs, expenses and profits/losses. The report concludes with lessons learned and opportunities for improvement.
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Group Project ICT552 Task 1
The document outlines a group project with two parts. Part one involves setting up an online business to sell products over 10 weeks using social media or e-commerce platforms. Students must register their business, introduce their company and products, complete a business model canvas, explain their marketing platform, provide a social media marketing plan and weekly sales reports analyzing engagement and sales. They must also include the costs, expenses and profits/losses. The report concludes with lessons learned and opportunities for improvement.
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Get into a group of four. Your project is divided into two parts.
PART ONE (10%):
Start selling! You may choose to sell any products that you have proposed in your individual work. You may choose to sell all of for member’s products too, up to you! For this you have to come up with. You may use social media or any e-commerce platform that you prefer. Your final week to complete the sales is week 10. You need to register your business here https://masmedapps.uitm.edu.my/myent/ (invidually, although you are doing this in group). In your report , you have to : 1.0 Introduction -Name of company 2.0 Products /services 3.0 Business Model Canvas (refer to another document BMC.doc) 3.0 Platform/social media that you use 4.0 Social Media Marketing plan -Refer to Social Media Marketing doc -You are encourage to follow the suggested target. Please mark the date and the type of marketing that you do on that date. 4.0 Weekly sales reporting -how many products sold (or not) -analyze when is the peak time people engage n buy, and when is the lowest egagement (you can use the analysis feature in you social media like instagram and FB, if not , you have to do self observation) 5.0 Financial -cost -expense -profit/loss 6.0 Conclusion -Lesson learn -How can you do better