Blufish Case Analysis

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Blufish is a Canadian company founded in Ottawa, Ontario, in 2012 by Youssef Chahrour, a 23 year old business mogul. At Blufish, Mr. Chahrour and his team created a new, innovative product that would assist the lovers of the outdoors in all their water purification needs!
Our product is a package of 25 tiny tablets made of chlorine, which purifies unsanitary water. This results in fresh and clean water in a matter of minutes! Since our release in 2013, sales have been increasing in the Canadian market. Our product, “Purifers” is sold in every sporting goods store across Canada (Sport Chek, Canadian Tire, etc...).
This product was released in Canada due to an abundant amount of hiking trails and forests. Since there are many Canadians who …show more content…

The GDP/capita of Egypt is $3,314.46 USD (2013) while Canada’s GDP/capita is $51,958.38 USD (2013). Due to this major difference, to attract new consumers who are willing to buy this product in Egypt, we must decrease the price to a more suitable price for the people living in Egypt. First off, the cost of production will rise to $8.97 due to the 20% tax on goods, as well as the 30% tariff rate. We will decrease the price of the Purifer to $10.00 CDN, but we will market the Purifer in a way that the population of Egypt see this product as a need instead of a want. We will talk about how this product can end the bacteria in the contaminated water, and can protect the population of Egypt. Using this as a marketing campaign, our brand will be known in the country, thus resulting in a mass number of sales. However, since we are only making a $1.00 CDN revenue/ sale, we won’t be making a huge net profit. After 2 years, we believe our product will be extremely popular in Egypt as well as most parts of the African continent. We will slowly increase the price by a $1.00 CDN every year. Since our product is a package of 25 tablets, people will always be coming back to buy more of our product. This will result in huge amounts of profit as the years go

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