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Economics Project
Made by:
Xylona Spiteri

&
Selina Blümel
X&S´s Digital Photo
Frame
AGENDA
1. Description
2. Target Audience
3. Location and Sales
4. Cost Analysis
5. Co-Workers
6. SWOT-Analysis
7. Local Competition
1. Description
• The photo frame can
link to all of your
electronical devices via
bluetooth.
• You´re able to watch
photos and videos
from your other
devices and also
YouTube videos – all in
one photo frame!
• You can either carry it
with you, hang it on
the wall or put it on the
table – it´s up to you!
2. Target Audience
• It´s for people who
want to be able to
easily watch the
pictures and videos
from all of their
devices without
having to switch the
device.
• It´s also for business
people.
• They live a modern
lifestyle.
• They´re used to
modern technology.
3. Location
• The first shops
should be located in
the centre of big
cities in Germany
and Malta. Then we
could open more
shops in other
quarters and other
cities.
• We should also open
an online shop so
everyone can get a
digital photo frame
Location Choice
Munich
Grades
(1-10)

Valletta

Location factors

Importance

Weighted
Grades

Grades
(1-10)

Weighted
Grades

Rent of a shop

40%

3

1,2

5

2

Infrastructure

30%

9

2,7

7

2,1

Population

30%

9

2,7

7

2,1

SUM

100%

6,6

6,2
Sales
• The first location will
be a small shop in the
centre of a big city.
There willa also be an
online shop.
• Later the photo frames
can be sold to bigger
shops that sell
different electronical
devices (e.g.
Saturn, Media
Markt,…).
• There will also be
shops in other
quarters, cities and
countries.

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X&s´s digital photo frame

  • 1. Economics Project Made by: Xylona Spiteri & Selina Blümel
  • 3. AGENDA 1. Description 2. Target Audience 3. Location and Sales 4. Cost Analysis 5. Co-Workers 6. SWOT-Analysis 7. Local Competition
  • 4. 1. Description • The photo frame can link to all of your electronical devices via bluetooth. • You´re able to watch photos and videos from your other devices and also YouTube videos – all in one photo frame! • You can either carry it with you, hang it on the wall or put it on the table – it´s up to you!
  • 5. 2. Target Audience • It´s for people who want to be able to easily watch the pictures and videos from all of their devices without having to switch the device. • It´s also for business people. • They live a modern lifestyle. • They´re used to modern technology.
  • 6. 3. Location • The first shops should be located in the centre of big cities in Germany and Malta. Then we could open more shops in other quarters and other cities. • We should also open an online shop so everyone can get a digital photo frame
  • 7. Location Choice Munich Grades (1-10) Valletta Location factors Importance Weighted Grades Grades (1-10) Weighted Grades Rent of a shop 40% 3 1,2 5 2 Infrastructure 30% 9 2,7 7 2,1 Population 30% 9 2,7 7 2,1 SUM 100% 6,6 6,2
  • 8. Sales • The first location will be a small shop in the centre of a big city. There willa also be an online shop. • Later the photo frames can be sold to bigger shops that sell different electronical devices (e.g. Saturn, Media Markt,…). • There will also be shops in other quarters, cities and countries.