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Ghana Bamboo Bikes
Caroline Puntillo, Grace Parker, Sean Kilmer, Sebastian Echeandia, Ruslan Lucero, Ivan Finkelstein
Ghana Bamboo Bikes
What it is
What has the company achieved with its product?
Increasing support from NGOs like the UN
More than 1,000 bikes sold
International market opportunities
Challenges
-Communication with Ghana Bamboo Bikes Representatives
-How to appeal to their Target Market
-How to Reduce Costs
-What else can we do, how else can GBB compete with other bamboo bike companies?
DeliverablesA report on the viability of Ghana Bamboo Bikes in
a college market.A survey distributed online compiled and analyzed
If the results say the college market is not profitable, then deliver researched alternatives, such as rental programs.
Contact a local bike shop and gauge interest in partnering with GBB for distribution purposes
Sending GBB measurements of standard American parts to make assembly quicker and cheaper
If the previous two are successful, then start crowdfunding GBB’s arrival to campus
UpdateWe have gathered Data that shows that
GBB costs surpass what customers would be willing to pay
Looking to market mainly to college students could be a problem
Most are willing to pay from $100-$200 yet it takes $200 to ship the frame only.
Meeting with Spin Zone this weekend to see how pieces fit/ can we reduce cost
Contact through Notre Dame Cycling Club
What’s NextFinish building the product
-get specifications on what parts of the frame need to be modified in order to achieve American Made Standards
Possibly set up a rental program for college students or advertise to a new target market
Start crowdfunding if new market is identified