For about 15 minutes, Tasol and I went down to the Middle School Centre again to call some wristband companies.
We called up two companies...
http://www.powerfulpromotionalproducts.com/ Phone: 07 5593 2737
http://www.brandedproducts.com.au/ Phone: 03 9791 4122
But we had problems contacting them because one company, they wouldn't answer and the other one has problem with the connection. So we decided to go up and get another company's number. While Tasol and Gah Vin worked on the cost of the products, Naomi and I started designing our logo and the poster.
Gah Vin and Tasol : calculated the price of 25,000 wristbands/ hats and how much it would cost with the ticket.
http://www.crazycustomcaps.com/
Flat Peak Hats similar to New Era caps cost for 1: $14.95
quantity; 25000
discount per cap: $8
total cost: (14.95x25000)-25000x8=$173740
http://www.handband.com/
10 000 wristbands cost- $6700
therefore 25000 wristbands will cost= $6700x2.5=$16750
price of 1 concert ticket= $99
whole cost of tickets=99x25000=$2475000
profit=total cost of tickets - price of hats and wristbands
=2475000 - (173750+16750)= $2284500
Gah Vin & Tasol: this was not accurate. It was the cost of the wristbands that should be included in the ticket costs but the whale hats shouldn't be.
Profit=2475000-16750=$2458250 from the ticket concerts
Need to make profit on hats.
Caps were bought on a $8 discount per cap so each cap actually cost us $6.95 instead of $14.95. So we will still be making profit if we use the price $14.95.
We will be making $8 profit per cap.
Profit for caps= $8 x 20000= $160000
Generalising that all the tickets will be sold; as the previous Summadayze on the Gold Coast was.
Total profit excluding ticketing and money put aside for singers = profit for tickets + profit for caps = $2458250 + $160000 = $2618250
All profit will go to fund Greenpeace and to support their ' Stop Whaling' campaign.
(a) 10% of the cost of tickets will go to GCAC ticket tec = 0.1 x $2458250 = $245825
(b) Money for singers (plane tickets, transport from airport, refreshments, etc.) = $5000
Total Profit = $2618250- (a+b) = $2367425
They also came up with the schedule for the whale concert:
1st 1/3: 3pm to 3.45 pm - PinkBreak: 3,45pm to 4pm
2nd 1/3: 4pm to 4.45 pm - Greenday
Break: 4.45pm to 5pm
3rdLast 1/3: 5pm to 5.45- U2
Ending: 5.45pm to 6pm - all singers sing 'We are the World'
I worked on the draft of the poster,
Naomi worked on the website, http://www.freewebs.com/whalegenerationconcert/
This lesson, we did individually, which was successful and didn't waste time.
We came up with alot of information, and we're getting things that we are need for
our final presentation. Although we haven't started writing our own speech yet, we were hard working, getting everything done quickly. We also gathered up as a group to talk about few things, our working process and shared our ideas. I learnt designing a particular poster for a particular event was quiet hard than I thought it would be because you have to put in all the information and design a scheme that matches the company's logo, title etc. Also by looking at the profits that a company makes by organising a big event is very massive. Overall, this lesson was a lesson where I learnt different things and did a lot of work.
