The first items which should be produced are bags. The price for the bags production is about £6.50 per one bag.
Final Grid
As I need to produce 4000 copies it's going cost £26000
The next items which we are going to produce is Cd package for the singer.
We want to produce 6000 copies of Annie's Cd for the beginning.
The cost for 300 copies is $217. Therefore the price for 6000 is $4340.
If we convert it into British Pounds it's going to be :
Aso we have to buy the CD themselves:
The price for the empty CDs is about £8 for 25 copies ( in Tesco). We need to produce 6000. So,
6000: 25 = 240
240 x £8 = 1920
And finally we want to produce 6000 copies of the T-Shirts for one concert.
The cost for the T-shirt producing may be different. We found out the approximately cost of it.
So, the total cost of the T-shirt production is about $6.70 each. We can calculate:
6000x6.70 = $40200
And we need to convert dollars into British Pound.
For the photoshoot we also have to pay.
We need to hire the property for the one day photoshoot (professional studio with lighting) and hire the equipment.
The professional studio is going cost £450 per one day of the photoshoot.
The price of the camera will be £80 per one day with lenses.
Final Grid
Overall Budget is £57432
We are going to sell all the products we made therefore I can calculate the approximately profit we will get.
One T-shirt is going to cost £10
The one CD is going to cost £15
And the price for the bag will be £20
The total revenue will be £60000 + £90000 + £80000 = £230000
The overall profit will be £230000 - £57432 = 172568
Information is taken from:
http://www.xe.com/currencyconverter/#
https://www.bandsonabudget.com/products/cd-packaging
https://www.ukticketprinting.co.uk/Custom-Tickets
http://www.hireacamera.com/cameras/detail.asp?model=1034
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