The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Research the market.
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Research potential floristry products within the context of the overall business plan and marketing focus of the organisation. Completed |
Evidence:
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Identify and access general information sources for floristry market trends, and distribution and marketing networks. Completed |
Evidence:
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Consult with, and incorporate input from, internal colleagues and external stakeholders in the research phase. Completed |
Evidence:
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Conduct research to identify current and emerging technologies, market and design trends, and product and service gaps and analyse the potential for future product. Completed |
Evidence:
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Identify a range of product development opportunities based on analysis of both the market and the success of the current product range. Completed |
Evidence:
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Identify distribution and marketing networks that would support the proposed floristry product and analyse the potential to market the product successfully. Completed |
Evidence:
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Analyse issues relevant to establishing the product.
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Identify and analyse product preferences and requirements of different consumer markets. Completed |
Evidence:
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Consult external stakeholders on customer and floristry industry service and quality expectations for floristry products and services. Completed |
Evidence:
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Identify and analyse external issues that impact on establishing a product range. Completed |
Evidence:
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Assess availability of floristry products and components that will meet preferences and requirements of target market. Completed |
Evidence:
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Conduct a self-assessment of the organisation's capability to provide proposed product and identify additional resources required to establish and deliver the product. Completed |
Evidence:
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Consider issues relating to product life cycle. Completed |
Evidence:
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Determine a profitable selling price.
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Identify all expenditure items involved in producing the floristry product to determine the nett production cost. Completed |
Evidence:
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Incorporate required distributor commissions or mark-ups, determine required profit margin and mark-up the nett cost to determine the selling price. Completed |
Evidence:
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Seek information on competitors' product range and consider their price when determining the organisation's selling price. Completed |
Evidence:
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Make reasonable cost adjustments to ensure market take-up of price competitive product. Completed |
Evidence:
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Assess cost-effectiveness and profitability of a range of proposed products and choose products that will provide the highest yield. Completed |
Evidence:
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Clearly and accurately document the full range of pricing structures. Completed |
Evidence:
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Establish the product.
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Develop and communicate a clear, scheduled implementation plan to all personnel involved in establishing the operational details of the product. Completed |
Evidence:
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Establish all required marketing activities to promote the product. Completed |
Evidence:
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Where appropriate, test new products and services in the marketplace prior to full implementation. Completed |
Evidence:
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Monitor and evaluate the success of the product.
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Monitor product development initiatives in terms of response in the marketplace; feedback from the distribution network, staff and customers; and changes in the internal or external environment that may impact on plans, cost effectiveness and profitability. Completed |
Evidence:
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Monitor the quality of supplied flowers, plant materials and other merchandise and take action to rectify any deficiencies that affect the overall quality of the product range. Completed |
Evidence:
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Rationalise or delete any product within the range or any stock items on the basis of monitoring in a timely manner and according to any contractual obligations. Completed |
Evidence:
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Communicate changes to all relevant colleagues, customers and distributors. Completed |
Evidence:
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