Entrep12 q1 Mod6 Selecting The Product or Service To Meet The Market Need Angeline Garcia Bgo v1

Selecting the Best
Product/Service That Will

Meet the Market Need
Learner's Module in Entrepreneurship
Quarter 1 ● Module 6
ANGELINE CARMEN VICTORIA G. GARCIA

Developer
Department of Education • Cordillera Administrative Region
NAME: ________________________ GRADE AND SECTION _______________

TEACHER: ____________________ SCORE: ____________________________
Republic of the Philippines
DEPARTMENT OF EDUCATION
Cordillera Administrative Region
SCHOOLS DIVISION OF BAGUIO CITY
No. 28 Military Cut-off, Baguio City
Published by:
DepEd Schools Division of Baguio City
Curriculum Implementation Division
Learning Resource Management and Development System
COPYRIGHT NOTICE
2020
Section 9 of Presidential Decree No. 49 provides:
“No copyright shall subsist in any work of the Government of the Philippines.
However, prior approval of the government agency of office wherein the work is
created shall be necessary for exploitation of such work for profit.”
This material has been developed for the implementation of the K-12
Curriculum through the DepEd Schools Division of Baguio City – Curriculum
Implementation Division (CID). It can be reproduced for educational purposes and the
source must be acknowledged. Derivatives of the work including creating an edited
version, an enhancement or a supplementary work are permitted provided all original
work is acknowledged and the copyright is attributed. No work may be derived from
this material for commercial purposes and profit.
ii
PREFACE
This module is a project of the DepEd Schools Division of Baguio City through
the Curriculum Implementation Division (CID) which is in response to the
implementation of the K to 12 Curriculum.
This Learning Material is a property of the Department of Education, Schools

Division of Baguio City. It aims to improve students’ academic performance specifically
in Entrepreneurship.
Date of Development : August 2020

Resource Location : DepEd Schools Division of Baguio City
Learning Area : SHS – Accountancy & Business Management
Grade Level : 12
Learning Resource Type : Module
Language : English
Quarter/Week : Q1/W
Learning Competency/Code : Select the best product or service that will meet
the market need (TLE_ICTAN11/12PC-Ia-1)
iii
ACKNOWLEDGEMENT
This learning resource will not be made possible without the help of the
following:
To Mrs. Brenda M. Cariño, our school principal, who motivates and constantly
reminds us to do our best.
To Mrs. Janet B. Pascua, our OIC- assistant school head in the Senior High
department, who supervised, helped and imparted her ideas to further improve the
contents of this material.
To the office of DepEd Division of Baguio City, for giving us the privilege to hone
our professional skills and be part of the progress of our learners.
To my family, for your unending support and inspiration.
Mostly, to God, for His grace and love through His Son, Jesus Christ.
Thank you all.
Development Team
Author/s: Angeline Carmen Victoria G. Garcia
Illustrator: Reneé Astrud G. Garcia (Cover Art)
Marilyn Degay-Bugatti (Label Icons)
Layout Artist: Cindy G. De Jesus
School Learning Resources Management Committee

Brenda M. Cariño School Principal
Janet B. Pascua OIC- Assistant School Head
Wilton C. Anton Subject/Learning Area Specialist
Sherwin L. Fernando School LR Coordinator
Jopie B. Ferrer Senior High School LR Coordinator
Quality Assurance Team

Mary Jane N. Malihod EPS – EPP/TLE /TVL
Nińo M. Tibangay PSDS – District 3
Learning Resource Management Section Staff

Loida C. Mangangey EPS – LRMDS
Victor A. Fernandez Education Program Specialist II - LRMDS
Christopher David G. Oliva Project Development Officer II – LRMDS
Priscilla A. Dis-iw Librarian II
Lily B. Mabalot Librarian I
CONSULTANTS
JULIET C. SANNAD, EdD

Chief Education Supervisor – CID
CHRISTOPHER C. BENIGNO
Asst. Schools Division Superintendent
MARIE CAROLYN B. VERANO, CESO V

Schools Division Superintendent
v
TABLE OF CONTENTS
COPYRIGHT NOTICE ............................................................................................... ii

PREFACE ................................................................................................................. iii
ACKNOWLEDGEMENT.............................................................................................v
TABLE OF CONTENTS ............................................................................................ vi
What I Need to Know ................................................................................................ 2
What I Know ............................................................................................................. 3
What’s In ................................................................................................................... 7
Activity 1: Because You’re Worth It! ................................................................... 7
What’s New............................................................................................................... 7
Activity 2: Believe in Endless Possibilities! ......................................................... 7
What’s In It ................................................................................................................ 8
What’s More............................................................................................................ 10
Activity 3: X Marks The Spot! ........................................................................... 10
Activity 4: Picture Analysis! ............................................................................... 10
What I Have Learned .............................................................................................. 11
Activity 5: Write It Down!................................................................................... 11
What I Can Do ........................................................................................................ 12
Activity 6: Select The Best! ............................................................................... 12
Activity 7: There‘s Nothing Like It ! ................................................................... 13
Assessment ............................................................................................................ 14
Additional Activity .................................................................................................... 18
Activity 8: E-commerce! .................................................................................... 18
ANSWER KEY ........................................................................................................ 19
REFERENCES ....................................................................................................... 20
vi
Selecting the Best
Product/Service That Will
Meet the Market Need
Learner's Module in Entrepreneurship
Quarter 1 ● Module 6
ANGELINE CARMEN VICTORIA G. GARCIA

Developer
Department of Education • Cordillera Administrative Region

What I Need to Know
Hello learner! This module was designed and written with you in mind. As a
senior high school student, you will soon enter a new venture in life which may lead
you to be an entrepreneur someday and make a big difference in our society. This
was written in a way that you will be inspired and really be able to start a business by
just learning from this self-help material.
While going through this module, you are expected to:
1. identify ways to select the best product/service to meet the market need; and
2. analyze why such product/service is the best to sell in the market.
By the way, always remember to use a separate sheet of paper for you to write your
answers on the different activities presented in this learning module. DO NOT
ANSWER here directly.
Now, here is an outline of the different parts of your learning module. The
descriptions will guide you on what to expect on each part of the module.
Icon Label Description
What I need to know This states the learning objectives that you need
to achieve as you study this module.
What I know This is to check what you already know about the
lesson on this module. If you answered all the
questions here correctly, then you may skip
studying this module.
What’s In This connects the current lesson with a topic or
concept necessary to your understanding.
What’s New This introduces the lesson to be tackled through

an activity.
What’s In it This contains a brief discussion of the learning

module lesson. Think of it as the lecture section of
the lesson.
What’s More These are activities to check your understanding
and to apply what you have learned from the
lesson.
What I have Learned This generalizes the essential ideas tackled from
this module.
What I Can Do This is a real life application of what you have
learned.
Post-Assessment This is an evaluation of what you have learned

from this learning material.
Additional Activity This is an activity that will strengthen and fortify

your knowledge about the lesson.
2
What I Know
If you answer all the test items correctly in this pretest, then you may skip
studying this learning material and proceed to the next learning module.
Below are entrepreneurs who selected a product/service to be sold in the market. Find
out which guided them in selecting such product/service.
1. An entrepreneur made different designs of ref-magnet especially for those who are
fond of collecting them.
A. It is affordable to develop and prototype.

B. It is affordable to scale to mass production.
C. It appeals to enthusiastic hobbyists.
D. It has recurring revenue.
2. Abdulia Austria who started her entrepreneurial journey with just P600. With that
capital, she chose to open a small sari-sari store and engaged in direct selling.
Eventually, she was able to purchase boats and open a small tourist inn named Uno
Duz Tourist Inn.
A. It has a potential for high profit margin.
B. It considers your personal experience.
C. It has no dominating competitors.
D. It is easy to reach market.
3. Maria has to decide which among her business idea will she sell in the market.
One of her business ideas is shell craft souvenirs while the other one is anchovies in
pure olive oil packed in small jars. She chose the anchovies she believed that it will
generate consistent income.
A. It considers your personal experience.

B. It has recurring revenue.
4. Choosing between wood-carved products and strawberry vinegar, a souvenir shop

owner in Baguio City noticed that it is easier to sell the strawberry vinegar to tourists
than the wood-carved products.
A. It is affordable to scale to mass production.
B. It has a potential for high profit margin.
3
5. Young entrepreneur Aya Fernandez turned her school science project into an eco-
friendly social enterprise. She manufactures Eco-uling which are charcoals made of
water hyacinth, agri-forest wastes and coconut husks. Her product is known to be one
of a kind in the market.
A. It has no dominating competitors.
B. It is easy to reach market.
C. It solves a customer pain point.
D. It appeals to enthusiastic hobbyists.
6. Mary Grace Arboleda -Young is the president of Cordillera Coffee. Because of her
passion to introduce Cordillera’s art, culture and coffee, she opened her own coffee
business which transacts directly with farmers, cutting out the middle man.
A. It appeals to enthusiastic hobbyists.

B. It goes with your personal passion.
C. It is affordable to develop and prototype.
D. It is affordable to scale to mass production.
7. It was in 2005 when Zarah Juan discovered the concept of reusable bags as a
substitute for plastic bags. With the help of her husband, she opened Green Leaf
Bags which manufactures eco-friendly bags for supermarkets and department stores
nationwide.

8. After talking to friends who are cake lovers, Alma realized that they were continually
frustrated that the pricey, famous brand cake they were buying lacked moist which
makes the cake easily crushed. So, Alma tried her mother’s recipe of a chocolate
moist cake to sell in the market which eventually became popular.
C. It is easy to reach market.
D. It considers your personal experience.
9. Even as a child, Don Ray is very interested in photography. Overtime, he turned

his interest into a successful business covering events like weddings, debuts, and
christening.
A. It goes with your personal passion.

4
10. May-ann painted some smooth, medium-sized rocks to serve as paper weight.
She made 10 pieces and gave them to her friends and family. She asked for their
opinions, suggestions or comments before launching it in the market.
C. It has a potential for high profit margin.
D. It has no dominating competitors.
11. The owner of a small bakery had to choose which among her products should she
give more attention to. Is it the cake or the cupcakes? She then chose the cupcakes
because she could produce them at a faster pace and distribute more widely. Unlike
the cakes, it is only made one-by-one for a specific customer.

12. Edilee Omoyon of Milea Bee farm started her business because of her son’s skin
condition. She studied about organic products and soon, she started manufacturing
products such as soaps, shampoos and balms made out of real honey sourced from
their own bee farm.

C. It considers your personal experience.
13. With only Php 2 000, Merle Paete started her own pili processing company in
2000. Today, her annual sales is around Php 100 000 and has even helped her
community with livelihood opportunities.
14. Olive Puentespina started experimenting with goat’s milk in 2005 which then led
to the establishment of Malagos Farmhouse, leading maker of fine artisan cheeses in
Davao. Today, Malagos Farmhouse cheeses are enjoyed in over 80 hotels, resorts,
restaurants & airlines in the country.

C. It has recurring revenue.
5
15. Lydia Codińera decided to become an entrepreneur in 2009. Because of the need
for clean water in her community, she formed a company called Samahang Tubig
Maynilad which applied for a water meter from Maynilad. She was able to organize
and facilitate the rationing of water in their area.
A. It solves a customer pain point.

6
What’s In
In your Module 3, we tried to analyze the market need. We identified the

customer needs namely the physical needs and the psychological needs. Try to recall
the lesson by doing activity 1.
Activity 1: Because You’re Worth It!

Write PN if what is being referred to is Physical Need and PS if it is
Psychological Need.
_____ 1. Rasel’s hair is already long. She needs to go to the parlor.
_____ 2. She preferred David’s Salon at SM because of its good customer service.
_____ 3. After going to the salon, she felt hungry. So, she dropped by Jollibee to
eat.
_____ 4. Although she wanted to eat pizza at Shakey’s, she chose Jollibee because
it is much cheaper.
_____ 5. Finally, she needs a ride home so she took a taxi.
What’s New
Now that you have screened your proposed product or service, it is time to
select the best one that would meet the market need or the customer needs. But
before we go through that, answer Activity 2.
Activity 2: Believe in Endless Possibilities!
If you were to select among the products below to sell online, which do you
think is the best one to meet the market need and why?
1. Laundry soap 2. T-shirt 3. Plants 4. Cellphone sling bag 5. Chili sauce
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
7
What’s In It
Just Do It! The reason we analyzed the market need in your previous
lesson is for you to be able to select the best product or service that will
meet the need. Remember, your aim as an entrepreneur is to satisfy and
delight your customer with the product/service you wanted to offer. As it is
said, the market is in the hands of the customer and the customer is always right.
Guide in Selecting the Best Product/Service to Offer in the Market
1. It is affordable to develop and prototype.
• The purpose of testing a prototype, or an early sample, is to make sure time

and money go into creating the RIGHT product.
• And when you test a prototype, making design changes is fast and easy. In
the long run, it will save you time, money, and headaches.
• Selecting a product/service which is affordable to develop and prototype

lowers the cost and ensures profit.
2. It is affordable to scale to mass production.
• Mass production enables the entrepreneur to produce goods at a faster pace,

distribute those goods more widely, and therefore increase availability and
enable more sales.
• Having more products available for sale on a wider basis, versus products
made one-by-one for a specific customer, enabled entrepreneurs to ultimately
cut costs.
• With the impact of economies of scale—cost benefits businesses enjoy when

production becomes more efficient—entrepreneurs were able to mass-produce
products, cut costs, and still make a profit.
3. It has a potential for high profit margin.
Since online selling is now a mega trend, it is vital that your e-commerce is
capable of picking the right product/service to sell. Select the best
product/service that can generate a high return on investment. There are things that
need to be kept in mind when it comes to selling products, and these are the
following:
• Avoid fragile items and easy to ship

• Avoid large products
8
• Avoid timeless items
• Avoid in season items
4. It has no dominating competitors.
Do not mimic your competitors’ product. Select the best product that stands
out or outperform your competitors’. Refer to the unique selling proposition of your
product/service.
5. It is easy to reach market.
6. It solves a customer pain point.

Solving a customer pain point will always be an effective way to develop a
product people need.
7. It appeals to enthusiastic hobbyists.

When consumers are passionate about a particular trade or hobby, they’re
usually more inclined to invest money to get the exact product they want.
8. It goes with your personal passion.

Using your know-how to create and position a unique product can be extremely
profitable.
9. It considers your personal experience.
Maybe you have a skill or a particular set of experiences that makes you more
knowledgeable than the average person on a particular topic. Turning your expertise
into your own business is a smart way to enter the market with a leg up that isn't easy
for others to duplicate or copy.
10. It has recurring revenue.
Select a product or service that your customers can keep purchasing on a

predictable basis. Meaning, you are able to generate income that’s reliable and
consistent month after month. It gives business owners financial peace of mind.
Choosing the right product or product category can be instrumental to

your success. The products you choose will shape your entire business, from
marketing to shipping, to pricing, to further product development.
9
What’s More
Activity 3: X Marks The Spot!

Mark a product or service which is most likely to be selected as the best one
to meet the market need.
After their screening activity, the Entrepreneurship class were asked to present the
product each one selected for their online selling.
______ 1. Christmas Season is fast approaching. Anna selected from her Ideas List
the Christmas tree decorations made out of pine cones.
______ 2. Since Carlo is an art enthusiast, he chose to sell bead necklaces and arm
bands with his own original design.
______ 3. Applying what she learned in Cookery, Grace chose cupcakes with glitter-
bomb frosting.
______ 4. Elsa believed that milk tea is now the trend in the market. So, she selected
milk tea just like what she tasted from Cha Tien Milk Tea Shop.
______ 5. Since environment clean-up and sanitation is now a must, Mary Rose
sewed clean-up rugs to be sold online.
Activity 4: Picture Analysis!

This a picture of “Kini-ing”. “Kini-ing" is a preserved meat, originally pork, that
undergoes smoking using pine wood. The meat is hanged above the fire used in
cooking at a traditional kitchen that uses wood for three to four days.
Such a process of preservation has been practiced by several villages in the
Cordillera as a means of preserving the meat from butchered animals, making them
last for many months, ready for the rainy season.
The Cordillera adapts meat preservation which is all part of the native delicacy.
Whether it is "Kini-ing", "etag" or "kinuday", they all come in pork, which is a "necessity"
during gatherings.
Look closely at the picture then answer the guide questions below.
10
Guide questions: Will this be one of the best products to be offered in the market?
Why or why not? What should be improved with this product?
What I Have Learned
Activity 5: Write It Down!

Choose two statements below then write down an explanation of what you
understand through an example.
1. The success of your business relies on the right product you choose for the market.
2. Entering the product in the market with your own expertise makes it hard for the
competitor to imitate your product.
3. Products mass produced for sale on a wider scale enabled entrepreneurs to
ultimately cut costs.
4. Prototyping will help you save time and money in case there is a need to change in
design or quality.
5. There is tight competition in ecommerce so it is important to select the best
product/service to meet the customers’ need.
11
1.
2.
What I Can Do
Activity 6: Select The Best!

From the products/services you screened last time, check the given tips if
you find them in your business idea. The product/service which has the
most checks is likely to be the product you could sell in the market.
Oatmeal
Cookies
1. It is affordable to develop
√
and prototype.
2. It is affordable to scale to
√
mass production.
3. It has a potential for high
√
profit margin.
4. It has no dominating
competitors.
5. It is easy to reach
√
market.
6. It solves a customer pain
√
point.
7. It appeals to enthusiastic
hobbyists.
8. It goes with your personal
√
passion.
12
9. It considers your personal
√
experience.
10. It has recurring revenue. √
Activity 7: There‘s Nothing Like It !

Create a prototype of your product/service through a drawing or sketch or
diagram.
Example:
Excellent Good Fair

Design/Planning (3) The prototype is The prototype is The artwork
Level of understanding planned planned shows no
about instructions & carefully. carefully. understanding
concepts (affordable to Understanding Understanding of the concepts
develop & prototype) of all concepts of some & instructions.
& instructions is concepts &
clearly instructions is
demonstrated. clearly
demonstrated.
Creativity/Challenge The artwork The artwork The artwork
(2) demonstrates a demonstrates a demonstrates
Inventiveness, challenging satisfactory very little
expression of ideas & level of level of attention to
imagination portrayed production & production & production,
in the construction of creativity as well creativity as well creativity &
project. as outstanding as logical problem-solving
problem-solving problem-solving skills.
skills. skills.
Congratulations! You are almost done in this lesson. Please proceed

to the next part which is the assessment.
13
Assessment
Below are entrepreneurs who selected a product/service to be sold in the

market. Find out which guided them in selecting such product/service.
1. Abdulia Austria who started her entrepreneurial journey with just P600. With that
capital, she chose to open a small sari-sari store and engaged in direct selling.
Eventually, she was able to purchase boats and open a small tourist inn named Uno
Duz Tourist Inn.
A. It has a potential for high profit margin.
2. Choosing between wood-carved products and strawberry vinegar, a souvenir shop

owner in Baguio City noticed that it is easier to sell the strawberry vinegar to tourists
than the wood-carved products.
3. An entrepreneur made different designs of ref-magnet especially for those who are
fond of collecting them.
C. It appeals to enthusiastic hobbyists.
4. Young entrepreneur Aya Fernandez turned her school science project into an eco-
friendly social enterprise. She manufactures Eco-uling which are charcoals made of
water hyacinth, agri-forest wastes and coconut husks. Her product is known to be one
of a kind in the market.
14
D. It appeals to enthusiastic hobbyists.
5. It was in 2005 when Zarah Juan discovered the concept of reusable bags as a
substitute for plastic bags. With the help of her husband, she opened Green Leaf
Bags which manufactures eco-friendly bags for supermarkets and department stores
nationwide.

6. Even as a child, Don Ray is very interested in photography. Overtime, he turned

his interest into a successful business covering events like weddings, debuts, and
christening.

7. May-ann painted some smooth, medium-sized rocks to serve as paper weight. She
made 10 pieces and gave them to her friends and family. She asked for their opinions,
suggestions or comments before launching it in the market.
8. Maria has to decide which among her business idea will she sell in the market.
One of her business ideas is shell craft souvenirs while the other one is anchovies in
pure olive oil packed in small jars. She chose the anchovies she believed that it will
generate consistent income.
A. It considers your personal experience.

B. It has recurring revenue.
9. The owner of a small bakery had to choose which among her products should she
give more attention to. Is it the cake or the cupcakes? She then chose the cupcakes
15
because she could produce them at a faster pace and distribute more widely. Unlike
the cakes, it is only made one-by-one for a specific customer.

10. Mary Grace Arboleda -Young is the president of Cordillera Coffee. Because of
her passion to introduce Cordillera’s art, culture and coffee, she opened her own coffee
business which transacts directly with farmers, cutting out the middle man.

11. Edilee Omoyon of Milea Bee farm started her business because of her son’s skin
condition. She studied about organic products and soon, she started manufacturing
products such as soaps, shampoos and balms made out of real honey sourced from
their own bee farm.

C. It considers your personal experience.
12. After talking to friends who are cake lovers, Alma realized that they were
continually frustrated that the pricey, famous brand cake they were buying lacked
moist which makes the cake easily crushed. So, Alma tried her mother’s recipe of a
chocolate moist cake to sell in the market which eventually became popular.

C. It is easy to reach market.
D. It considers your personal experience.
13. Olive Puentespina started experimenting with goat’s milk in 2005 which then led
to the establishment of Malagos Farmhouse, leading maker of fine artisan cheeses in
Davao. Today, Malagos Farmhouse cheeses are enjoyed in over 80 hotels, resorts,
restaurants & airlines in the country.
16
C. It has recurring revenue.
14. Lydia Codinera decided to become an entrepreneur in 2009. Because of the need
for clean water in her community, she formed a company called Samahang Tubig
Maynilad which applied for a water meter from Maynilad. She was able to organize
and facilitate the rationing of water in their area.
A. It solves a customer pain point.

15. With only Php 2 000, Merle Paete started her own pili processing company in
2000. Today, her annual sales is around Php 100 000 and has even helped her
community with livelihood opportunities.
17
Additional Activity
Activity 8: E-commerce!
What could be the reasons why the following must be kept in mind when
selling products online? Explain in 2-3 sentences only.
Avoid fragile items and easy to ship Avoid large products
Avoid timeless items Avoid in season items
18
19
What I Know What’s In
1. C 6. B 11. D 1. PN
2. A 7. C 12. C 2. PS
3. B 8. D 13. B 3. PN
4. D 9. A 14. A 4. PS
5. A 10. A 15. A 5. PN
What’s New
*Answers may vary
What’s More: Activity 1
1.
2. X
3. X
4.
5. X
What’s More: Activity 2
*Answers may vary
What I Have Learned
*Answers may vary
What I Can Do
*Answers may vary
Assessment
1. A 6. A 11. C
2. D 7. A 12. D
3. C 8. B 13. A
4. A 9. D 14. A
5. C 10. B 15. B
Additional Activity
*Answers may vary
ANSWER KEY
REFERENCES
Agoot, Liza. 2019. Benguet Town Offers "Kini-ing" as Pork Alternative. September
19. Accessed September 13, 2020. pna.gov.ph/articles/1086409.
Balibag, Aurora Quadra. 2018. 20 Inspiring Filipina Entrepreneurs. March 8.
Accessed September 13, 2020. goodnewspilipinas.co.
Harrison, Matt. 2020. 10 Recurring Revenue Business Ideas to Start Cashing In
Today. April 13. Accessed Septemebr 13, 2020. millo.co.
Investopedia. 2018. How Did Mass Production Affect The Price of Consumer Goods.
November 4. Accessed September 13, 2020.
investopedia.com/ask/answers/050615.
Kennedy, Becca. 2018. What Is UX Prototyping & Why Should You Test at This
Stage. May 23. Accessed September 13, 2020. userzoom.com/blog.
MacDonald, Mark. 2019. Find A Product To Sell. January 8. Accessed September
13, 2020. shopify.com/blog/.
2020. Pro Tips to Find High Margin Products to Sell Online. June 4. Accessed
September 13, 2020. chinabrands.com/dropshipping/.
Trzeciak, Byron. 2018. Secrets to Dominating Your Competitors Online. August 12.
Accessed September 13, 2020. pixelrush.com.au/blog/.
20
For inquiries or feedback, please write or call:
Department of Education – Cordillera Administrative Region
Schools Division of Baguio City
No. 82 Military Cut-Off Road, Baguio City
Telefax: 442-7819
Email Address: depedbaguiocity@gmail.com
Social Media: facebook.com/DepEdTayoBaguio City

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Selecting the Best

Product/Service That Will

ANGELINE CARMEN VICTORIA G. GARCIA

Department of Education • Cordillera Administrative Region

NAME: ________________________ GRADE AND SECTION _______________

Section 9 of Presidential Decree No. 49 provides:

This Learning Material is a property of the Department of Education, Schools

Date of Development : August 2020

School Learning Resources Management Committee

Quality Assurance Team

Learning Resource Management Section Staff

JULIET C. SANNAD, EdD

MARIE CAROLYN B. VERANO, CESO V

COPYRIGHT NOTICE ............................................................................................... ii

ANGELINE CARMEN VICTORIA G. GARCIA

Department of Education • Cordillera Administrative Region

What’s New This introduces the lesson to be tackled through

What’s In it This contains a brief discussion of the learning

Post-Assessment This is an evaluation of what you have learned

Additional Activity This is an activity that will strengthen and fortify

A. It is affordable to develop and prototype.

A. It considers your personal experience.

4. Choosing between wood-carved products and strawberry vinegar, a souvenir shop

A. It appeals to enthusiastic hobbyists.

A. It has no dominating competitors.

9. Even as a child, Don Ray is very interested in photography. Overtime, he turned

A. It goes with your personal passion.

A. It has no dominating competitors.

A. It appeals to enthusiastic hobbyists.

A. It goes with your personal passion.

A. It solves a customer pain point.

In your Module 3, we tried to analyze the market need. We identified the

Activity 1: Because You’re Worth It!

1. Laundry soap 2. T-shirt 3. Plants 4. Cellphone sling bag 5. Chili sauce

Guide in Selecting the Best Product/Service to Offer in the Market

1. It is affordable to develop and prototype.

• The purpose of testing a prototype, or an early sample, is to make sure time

• Selecting a product/service which is affordable to develop and prototype

2. It is affordable to scale to mass production.

• Mass production enables the entrepreneur to produce goods at a faster pace,

• With the impact of economies of scale—cost benefits businesses enjoy when

3. It has a potential for high profit margin.

• Avoid fragile items and easy to ship

4. It has no dominating competitors.

5. It is easy to reach market.

6. It solves a customer pain point.

7. It appeals to enthusiastic hobbyists.

8. It goes with your personal passion.

10. It has recurring revenue.

Select a product or service that your customers can keep purchasing on a

Choosing the right product or product category can be instrumental to

Activity 3: X Marks The Spot!

Activity 4: Picture Analysis!

What I Have Learned

Activity 5: Write It Down!

Activity 6: Select The Best!

Activity 7: There‘s Nothing Like It !

Excellent Good Fair

Congratulations! You are almost done in this lesson. Please proceed

NAME: __________ GRADE AND SECTION _