VERSION PREVIEW (READ-ONLY] Copy content from this version or tap an action. Product Knowledge Worksheet (4% of overall grade) 14 Marks Section: Team: Lachlan And Rajveer Members & Lachlan Dowlatram: 8714420 Rajveer Singh: 8727262 Student # STEP ONE Create three FAB STATEMENTS. (9 Marks) Jimmy dean premium all natural pork sausage Feature Advantage Benefit Healthier source of meat that is a The past years the food industry has been Natural Meat natural more about natural, Zehrs can use this product to expand their natural foods section 100% natural sausage Easier for quick and easy meals More people want faster food as the style Pre-cooked of fe now is much faster, which would Increase the profit margin as more people want it and would choose it over raw quality, Higher price Known name, wit nown product, higher Well known Name profit margin as known name comes with premium prices STEP TWO Develop your unique business/pricing proposition. (5 Marks) Retailer Cost Customer Suggested Retail Price % Profit based on cost % Profit based on selling price - retail Retailer Cost with 12% Volume Discount Customer Retail Price % Profit based on 12% deal cost % Profit based on selling price : 12% Retailer cost with additional 6% Display discount Customer Retail Price % Profit based on 6% deal cost % Profit based on selling price 6% deal.cost VERSION PREVIEW (READ-ONLY] Copy content from this version or tap an action. Product Knowledge Worksheet (4% of overall grade) 14 Marks Section: Team: Lachlan And Rajveer Members & Lachlan Dowlatram: 8714420 Rajveer Singh: 8727262 Student # STEP ONE Create three FAB STATEMENTS. (9 Marks) Jimmy dean premium all natural pork sausage Feature Advantage Benefit Healthier source of meat that is a The past years the food industry has been Natural Meat natural more about natural, Zehrs can use this product to expand their natural foods section 100% natural sausage Easier for quick and easy meals More people want faster food as the style Pre-cooked of fe now is much faster, which would Increase the profit margin as more people want it and would choose it over raw quality, Higher price Known name, wit nown product, higher Well known Name profit margin as known name comes with premium prices STEP TWO Develop your unique business/pricing proposition. (5 Marks) Retailer Cost Customer Suggested Retail Price % Profit based on cost % Profit based on selling price - retail Retailer Cost with 12% Volume Discount Customer Retail Price % Profit based on 12% deal cost % Profit based on selling price : 12% Retailer cost with additional 6% Display discount Customer Retail Price % Profit based on 6% deal cost % Profit based on selling price 6% deal.cost