During this design project I learnt many aspects of making packages. Some I learnt the easy way, some I learnt by restarting my package with a new plan. The most important thing I learnt was that when you are testing something, test it properly. When I had finished my plan and starting my Criterion C I needed to test my package out. I printed my 2d net out I folded it quickly without paying much attention. Since it was on a smaller scale, I didn’t see that there were issues with folding so when I made my package on a bigger piece of paper, it didn’t fold properly. Another important thing I learnt is that what will convince someone the most to buy something is aesthetics. A package might have a really simple shape but a really nice design and people will notice it and possibly buy it. Another package might have a really cool and unique shape but be just plain red and people might notice it because it blends with the rest. For something to be bought it needs to be noticed first. Finally, the third important thing I learnt is that you don’t need as many adhesives as you think. When I first made my package I had tape on every edge of my package and every time I needed to add something on I just stuck tape on. After realising that my package wouldn’t work, I remade my package and I saw that I could remove and replace it with a hole and flaps and it would replace the tape. Over this design project, I learnt many important aspects on the designs of packages.
Today, we had to try and package a fruit. This was good because soon we are going to have to package something more complex. I found it quite hard to package a simple apple so I think it’s going to be very difficult to package something complex. At firs I thought that we would just have to figure our way through but then I realised there was much planning behind a simple package. I realised that it was very hard to create a package using only materials that could be recycled. Here is a picture of my apple packaging.
Debatable (Is it possible for everyone to win in the marketplace?):
I don’t think it is possible for everyone to win in the marketplace for the following reasons. My first reason is that there are so many people in the market these days that to succeed, you need to be different from everyone else. You need to the the one who stands out. There are so many people that only the most talented have chances to win in the marketplace. This leads to my second point which is demand. Because there are so many people/companies making the same things, the public does not need the same thing multiple times. This means that the publics demand of some item will go down which leads to less companies selling the same thing needed. Only the best offers will really count. My third and final point is that to win in the marketplace, you need something special. Some invention that is useful and not common. This is why some people really standout in the marketplace. They have creative ideas that the public want. Those were the main reasons why not everybody can win in the marketplace.
Factual (Why doesn’t a 20% discount followed by a 20% markup get you back to where you started?):
You don’t end up with the same amount of money because the discount and markup are from two different numbers. The 20% discount is discounted off the original amount and the 20% markup is marked up from the original amount minus the discount. For example, if the original amount is 100$, with a 20% discount you would have 80$. Then, if you add a 20% markup it would be 20% of 80$ which is marked up. In conclusion, you would end with 96$. Therefore, a 20% discount followed by a 20% markup does not get you back where you started.
Conceptual (How do companies make profit?):
There are many ways for companies to make profit. Different companies use different methods. I will be stating the ways that I suggest are the best ways that companies make profit. Companies make profit through profit from markup off the cost price. The cost price is the price companies originally pay for in the factories. They then ship the products to shops and sell to the public. The companies can not just sell the products for the cost price. They need to pay taxes, buy shops, advertisements, etc. They then add markup from the cost price so they can get some money. Companies are very smart. The little everyday goods that people buy are marked up the most. For example, a simple plastic water bottle is marked up by 4000%! Water bottles are sold in huge amounts which then let companies have a 3900% tip on what customers bought. Companies have multiple business plans. Companies each have plans to make the most profit they can while keeping trust from customers.