B: I wanna make sure everybody's okay with that .
D: Well you had acknowledged that we have more money for this .
A: Yeah
D: Didn't you say so ?
A: well we don't have it's not that we have more money ,
A: we can push up the the price .
D: That's what I mean .
D: We can increase the cost .
A: Yeah .
B: Okay .
D: So I don't know I don't know whether having A: 'Kay .
B: I just wanna make sure everybody's on board with it . So A: Yeah .
A: So we really need to be sure as to what we can push the cost up to ,
A: though we haven't got to a stage where we're ready to pin down the price of components .
A: But I'd say what sorta price are we looking to be able to sell something like that ,
A: and what sorta price can we make it for ?
D: Well I think th I think the design and technology has to come back and say , okay to create this product we see it's gonna cost us this much for this volume ,
D: because we do have a volume target of of fifty million profit .
A: Yeah no
A: I I think that's where we really should be more flexible than anything else
A: because as we said in the last meeting , our management is really looking for us to push our brand .
B: Right .
A: We're entering a new market here ,
A: so I think the the profit expectation for this one product is maybe not as important as being able to D: Okay I'm I'm okay with that .
D: I guess what I just want to me the next step is for these guys to come come in with the design proposal w with the cost estimate attached ,
D: and then we have to take this to the next level .
A: But th what's our ballpark as to what we'd be able to sell something like this for ?
B: Well y yeah .
B: Let's let's try and think now , how much would you pay for
D: We have to find cost .
B: with all these features how much would you pay
B: if you went to the store , and you were in the market f to replace your T_V_ remote , how much would you pay for that ?
A: But you've gotta think who our target market is
A: because I I'm not our target market .
B: I'm just asking you .
A: I'm a student ,
A: but on the other hand I would think , mm with my Project Manager salary , I would think yeah I could probably afford this C: B: If B: Then you could probably afford this .
A: uh would I buy it ?
A: Maybe .
A: If I had a cool new T_V_ and this was r looking really slick and it had the dock and it had the scroll wheel , which I think's a really cool idea , that would sell me on it a little .
A: Then maybe you know . I do I don't think I'd go over a hundred Euro certainly ,
B: Oh no no .
A: that would be way too much ,
A: but the I would be happy paying over forty for it , I guess , but not much B: I would say thirty five to forty .
D: Yeah , I was gonna say thirty five to fifty .
A: 'Kay .
A: Thirty five to fifty Euros is our sales bracket okay .
B: Okay .
A: So the question is what we ca we make it for .
D: Because one of th one of the things we're marketing about this product is that this is the last one you will ever need to buy for your television .
B: Right .
A: Mm .
D: It's one of the marketing features in this .
A: That's why the scroll needs to be really robust .
C: Okay so we'll come up with something between thirty five and fifty that is rug rubber , robust , with scroll wheel , with the new facilities of the scroll wheel like favourite stuff , favourite channels , and and with a cradle , and yeah and the locator .
D: Mm-hmm .
B: With a cradle , radio transmitters , and back-lit buttons .
C: B: And it's gonna look sexy .
C: Or not .
B: Or not .
B: It might look like clay .
C: Okay so you can market pe depending on that ?
D: Yeah yeah .
D: Bas th that's that's easy .
D: That's that's not a , it's a .
D: 'Cause we have about six , six , seven features in that alone .
A: Yep .
D: Under the title of uniquenesses .
C: Cool .
C: Hmm .
A: Okay .
A: The next meeting starts in thirty minutes ,
A: although does it ?
A: It starts at three twenty one , the next meeting .
A: So we've got more than a thirty minutes .
A: Um we've got more like fifty .
D: Well I have D: Is my D: three twenty one is the next meeting ?
A: The the ne next meeting is three twenty one yeah .
D: That's that's almost uh fifty minutes .
A: Yeah that is .
A: Uh they've they've changed the times from the presentations .
D: You guys can You guys you guys can uh create a All kinds of things .
B: Probably .
B: We'll let you know when we're done , if we can go earlier .
D: Thanks , yeah .
A: Okay so you guys will be getting your modelling done now and uh B: Yeah .
A: Okay are there any other questions with regards to what this thing's gonna do , look like , how it's gonna work that need to be addressed before we really look at this in a lot of detail ?
B: I don't think so .
B: If we have any questions we'll just email you I guess .
C: A: Okay .
C: Yeah I think it pretty much everything's covered .
A: Okay . This one was quite easy .
C: Coulda been worse .
D: Still .
A: Always the optimist .
C: Yes I am .
A: 'Kay thanks guys .
D: Thank you .
D: I don't have any emails . This means I can go home .
D: Oh , we all leave .