Investor Questions
What is the current market size and projected growth rate for the cookie
industry?
Based on the information provided from ibisworld.com, the Canadian cookie, cracker and pasta production industry had an estimated revenue of $4.1 billion in 2023 with a compound annual growth rate(CAGR) of 2.6% over the past five years while market size is projected to increase over the next year.
Who are the major competitors in the cookie market?
One big competitor in the cookie market could be a company that pays attention to what people like and new things happening like plant-based or vegan cookie brands, online subscription cookie services, International Fusion Cookie brands, and sustainable and ethical cookie brands.
What is your best seller product?
Cookie Pirate
How do ingredient prices affect the profitability of cookie businesses?
If ingredient prices increased,it can put pressure on the profit margins if the selling prices for cookies remain the same. Business may need to adjust how they set prices to maintain desired profit margins in the face of rising ingredient costs.
What is the expected return on investment (ROI) for the cookie business?
G’s Cookie Pirate aiming for a return on investment of around 10% to 20%. Every dollar invested in the business we are aiming to earn 10 to 20 cents in profit.
Customer Questions:
Are your cookies made with natural ingredients?
Yes, made with natural ingredients, sourced from nature and are minimally processed.
How do you ensure the freshness and quality of your cookies?
We keep an eye on the shelf-life of our cookies and discard any that have been stored for too long or show signs of spoilage. Freshness can vary depending on the type of cookie and its ingredients, so we need to monitor it regularly.
Do you have any special promotion or discount?
Yes, particularly for individuals hosting events who need to buy cookies in bulk.
Could you provide information on the variety of cookies offers? Flavors, available packaging?
Pirate cookie-cookie consists of nuts Choco chip
Moringa cookie-cookie that has moringa ingredient
Oatmeal cookie-cookie made of Oates
Fried Cinnamon cookie
Spinach cookies-cookie made of spinach
If applicable, what are the minimum order quantities needed for wholesale purchases?
Since this is a startup business, I do not accept wholesale orders for my products. I will only sell it per package (retail).
Could you provide information regarding your shipping guidelines, including the charges and delivery schedules?
There is no shipping and delivery of products. I will sell the products in Farmers Market and in other food trade around the city.
For large orders, do you provide customization like branding or unique packaging are there?
Yes. If the product will reach a high demand in the market, I will accept customization, re-branding and re-selling.
To guarantee adherence to dietary restrictions, kindly underline any allergies and offer information about the ingredients used in your cookies?
No. There is no dietary restrictions for my product as most of the content for every variety is made from healthy ingredients that is nutritious.
Which payments options do you prefer, and what are conditions of payment for commercial transactions?
G’s cookies payments through Cash and Credit Card, will provide discounts to senior citizen and disabled person.
In what ways does G’s cookies guarantee the caliber of its merchandise? Do any quality control and procedures or certifications?
This include regular testing, inspections, and adherence to quality assurance protocols and responding to customer feedback is a crucial aspect of maintaining product quality. And I will use those feedback to improve my products and services. Certifications related to low sugar content, gluten-free, or diabetic-friendly can enhance consumer trust.
Why is it that moringa cookies only be found in Asia, based on your product list?
It is made originally in Asia.
Do you consider marketing your product to people with diabetes and those who are health conscious?
Yes. I will provide nutritional information on the packaging, including details such as the amount of sugar, carbohydrates, and fiber per serving. This Information helps health-conscious consumers who are aware of their dietary choices.
In your current location, can you bake enough cookies to fulfill large orders?
Yes. I will accept orders in advance to provide consumers large orders.
Does your company offer specially crafted cookies for events?
Yes, G’s cookies will also offer crafted cookies in events in a limited volume only.
How be your cookie delivered?
No Deliveries.
What will your company do with inventory that is past its shelf life?
Depending on the ingredients and storage conditions if it is still consumable, I will donate the products to charities around the area.