The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Hypo: one year to launch your own salsa brand
| should of | 05/07/25 |
| should of | 05/07/25 |
| tarrifs | 05/07/25 |
| should of | 05/07/25 |
| tarrifs | 05/07/25 |
| Nazca Redlines | 05/07/25 |
| UhOh | 05/07/25 |
| should of | 05/07/25 |
Poast new message in this thread
Date: May 7th, 2025 12:23 PM Author: should of To win you must secure a contract for your salsa to be available on the shelf in at least a regional grocery chain (needs to be more than just in some shitty "buy local products made here in [city]" type of store). You're allowed to sell your stuff at farmers markets or on your own website and you can offer multiple flavors or perhaps a branded chip to go with it as well to boost the hype. You are responsible for everything though including marketing, sales, and scaling production to meet the needs of whatever contract you can secure.
If you win the hypo you win a million dollars, if you lose you must shut down and owe Frito Lay's a million dollars in a bs patent infringement lawsuit. |
Date: May 7th, 2025 1:13 PM Author: should of Here’s a concise example of a Business Plan to Launch a Salsa Brand and Get It into Stores Within One Year. This version is structured and actionable while remaining adaptable for various budget sizes. Business Plan: Launching [Your Salsa Brand Name] Executive Summary
[Your Salsa Brand Name] will produce high-quality, preservative-free salsa made from fresh, locally sourced ingredients. Our goal is to launch within 12 months, building brand recognition through farmers markets, social media, and local partnerships, and securing retail shelf space in regional grocery stores and specialty food markets.
Mission: Bring bold, authentic flavors to salsa lovers with a fresh, healthy twist. Vision: Become a household name in premium salsa and a go-to brand in stores across the region. Objectives (12-Month Timeline)
Product Development & Testing (Months 1-2)
Finalize 2–3 recipes (e.g., Mild, Spicy, Pineapple Mango)
Conduct blind taste tests for feedback
Determine shelf life and conduct food safety evaluations
Branding & Packaging (Months 2-3)
Design logo, labels (FDA-compliant), and packaging
Develop brand story and product messaging
Source eco-friendly, cost-effective packaging
Licensing & Compliance (Months 2-4)
Apply for business license, LLC, and insurance
Get health department certification
If needed, work with a co-packer or shared commercial kitchen
Production Plan (Months 3-5)
Choose production method: in-house, shared kitchen, or co-packer
Purchase equipment or secure production slots
Develop batch tracking system for traceability
Marketing & Promotion (Ongoing, start by Month 4)
Create website with online ordering
Launch Instagram, TikTok, and Facebook
Attend farmers markets and offer in-store tastings
Sales & Distribution (Months 5-12)
Approach local grocers, co-ops, and specialty stores
Offer wholesale terms and small display units
Apply for local vendor programs at chains like Whole Foods or Sprouts
Retail Launch (Target Month 9)
Deliver to first retail partners
Provide branded point-of-sale materials
Track inventory, restock, and gather customer feedback
Scale & Expand (Months 10-12)
Analyze sales data and re-order patterns
Secure shelf space in additional stores or distributors
Explore DTC (direct-to-consumer) via your website or Amazon
Financial Plan (Estimates) Category Estimated Cost Recipe R&D $1,000 Branding/Design $2,000 Packaging (first run) $3,000 Licensing & Legal $2,500 Production Equipment $3,000 Marketing & Website $2,500 Sampling/Demos $1,000 Contingency $2,000 Total Estimate $17,000
(Funding can come from personal savings, small business loans, crowdfunding, or grants.) Marketing Strategy
Launch Campaign: Free samples, giveaways, and influencer outreach
Content Creation: Recipe videos, salsa pairings, behind-the-scenes production
Community Engagement: Sponsor local events or partner with food trucks
Key Metrics for Success
3+ retail locations by Month 9
Break even on production costs by Month 12
1,000+ followers across social media platforms
Repeat orders from at least 50% of first-month retail partners |
|
Date: May 7th, 2025 1:29 PM Author: tarrifs This is impossible (http://www.autoadmit.com/thread.php?thread_id=5721536&forum_id=2).#48911164) |
 |
Date: May 7th, 2025 1:34 PM Author: should of ChatGPT says it is. Please see above. (http://www.autoadmit.com/thread.php?thread_id=5721536&forum_id=2).#48911175) |
|
Date: May 7th, 2025 1:37 PM Author: tarrifs ChatGPT is hallucinating (http://www.autoadmit.com/thread.php?thread_id=5721536&forum_id=2).#48911186) |
|
Date: May 7th, 2025 1:51 PM Author: Nazca Redlines No thanks. It's not worth risking the million when all you can win would be a million. If the penalty for losing was much lower, then I'm in.
My wife and I already make good salsa. We could improve on that. From there, try to meet with grocery chains and offer them something others don't offer. E.g., the chain can buy our salsa for 75 cents per jar, or the proceeds all go to a local charity. |
|
Date: May 7th, 2025 1:54 PM Author: UhOh this dude "won" a billion dollars for his chips and salsa
https://www.forbes.com/profile/miguel-garza/
JD, UTexas '12
dude is way richer than CSLG |
|
Date: May 7th, 2025 2:03 PM Author: should of u: poast (http://www.autoadmit.com/thread.php?thread_id=5721536&forum_id=2).#48911252) |