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Sticky Blocks Increased Creativity for Parents There are currently no reviews for this Innovation.
| Sticky Blocks
Increased Creativity for Parents |
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Sticky Blocks are an innovative twist on traditional toy building blocks that enable children to be more creative in their playtime by allowing more flexibility in their building. |
 Annual Sales Forecast for USA * | Innovation Status |
Idea |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
Development
Status |
Proprietary
Protection Status |
Concept
Score |
| Ultra Low |
$0 |
$6,300 |
$55,000 |
1 of 5
In Development
|
1 of 5
Potential for Protection
|
15 29 is
Average
|
| Low Support |
$78,000 |
$250,000 |
$620,000 |
| Medium Support |
$650,000 |
$1.8 M |
$3.9 M |
| High Support |
$1.8 M |
$4.9 M |
$10.3 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$3.3 M |
$9.2 M |
$19.6 M |
6 mos-1 yr
|
Unknown
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Sticky Blocks
- Increased Creativity for Parents
Final Decision Maker: Parents
Sticky Blocks are innovative new toy building blocks that use a connection method that allows the blocks to be connected to one another at any location or orientation. This increases a child's ability to be creative and to make structures not currently possible with other building block systems on the market which constrain the user to certain configurations.
| $35.00 for one package of blocks | Seeking: Purchase, Investment, Distribution, Manufacturing/R&D |
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* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least... |
| Listing #: USA.76.040109.033 |
Page 1 of 5 |
Date Posted: 2009-04-02 |
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| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Report Assumptions and Inventor(s) Commentary
|
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| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
15,000,000 |
20% |
Optimistic Estimate based on census data of # of children age 3-8. Most Likely discounts for multiple children households.
|
| Revenue per First Purchase |
$35.00 |
20% |
Assume that average buyer will only purchase one package at $35. Optimistic Estimate assumes buyer will purchase two packages at $35 for a total of $70. |
| % that will Repeat |
N/A |
N/A |
|
| Number of Annual Repeats |
N/A |
N/A |
|
| Revenue per Repeat Purchase |
N/A |
N/A |
|
| Reseller (Trade) Margin |
50% |
30% |
Based on data provided by Merwyn system. |
| Producer Profit (EBITD) |
10% |
30% |
Based on data provided by Merwyn system. |
| |
| Innovation Status |
|
Development
Status |
1 of 5
In Development
|
Proof of concept has been completed. Some additional testing is necessary to optimize the design. |
| Cost to First Sale (remaining) |
Unknown |
10% |
Less than $10k for research to finalize. Manufacturing tooling would be necessary to produce the product. I do not have experience in this area and cannot reasonably estimate. |
| Time to First Sale (remaining) |
6 mos-1 yr |
50% |
Only need to produce tooling for product. |
| Confidence in Concept Claims made in description |
60% |
Sticky Blocks use a connection system that covers the entire surface of the block. This allows two blocks to connect at any point with another block whereas Lego types are limited. |
Proprietary
Protection Status |
1 of 5
Potential for Protection
|
In the process of applying for a provisional patent. Legal counsel not yet obtained for the success of receiving a full patent in the future. Funding is required to proceed. |
| Concept Score & Diagnostics |
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| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
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| Dramatic Difference |
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| Listing #: USA.76.040109.033 |
Page 2 of 5 |
Date Posted: 2009-04-02 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Inventor Commentary & Alternative Development Scenarios
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| Inventor(s) Sales Goals |
| Minimum Goal |
$10 M |
Current GOAL |
$35 M |
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CURRENT SALES FORECAST |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$6,300 |
$55,000 |
| Low Support |
$78,000 |
$250,000 |
$620,000 |
| Medium Support |
$650,000 |
$1.8 M |
$3.9 M |
| High Support |
$1.8 M |
$4.9 M |
$10.3 M |
| Ultra High |
$3.3 M |
$9.2 M |
$19.6 M |
If MARKETING CONCEPT Improved (Increase Concept Score by +20 Points) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$19,000 |
$140,000 |
| Low Support |
$250,000 |
$650,000 |
$1.4 M |
| Medium Support |
$2.1 M |
$4.6 M |
$8.4 M |
| High Support |
$5.9 M |
$12.5 M |
$22.6 M |
| Ultra High |
$11.1 M |
$23.8 M |
$42.8 M |
If MARKETING CONCEPT and PRODUCT/SERVICE Improved (Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$19,000 |
$140,000 |
| Low Support |
$250,000 |
$640,000 |
$1.4 M |
| Medium Support |
$2.1 M |
$4.6 M |
$8.4 M |
| High Support |
$5.9 M |
$12.5 M |
$22.5 M |
| Ultra High |
$11.1 M |
$23.6 M |
$42.5 M |
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| Listing #: USA.76.040109.033 |
Page 3 of 5 |
Date Posted: 2009-04-02 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Additional Details
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|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
0.5% |
0.9% |
1.4% |
Sales & Marketing
Support Level |
Annual Inventor Royalty Revenue |
3 Year Value
to Inventor
If 50% Odds |
| 80% Odds |
50% Odds |
20% Odds |
| Ultra Low Support |
$25 |
$76 |
$160 |
$230 |
| Low Support |
$410 |
$1,100 |
$2,300 |
$3,400 |
| Medium Support |
$2,800 |
$7,500 |
$15,000 |
$22,000 |
| High Support |
$7,800 |
$20,000 |
$40,000 |
$61,000 |
| Ultra High Support |
$15,000 |
$39,000 |
$76,000 |
$120,000 |
| Sales & Marketing Support Level Assumptions |
| Sales & Marketing Support Level Assumptions |
Sample Numbers |
% Aware x
% Distribution
(Aware & Able) |
Inventor
Confidence |
| % Distribution |
% Awareness |
| Ultra Low Support (Word of Mouth) |
5% |
3% |
0.2% |
N/A |
| Low Support (Small Company) |
20% |
10% |
2% |
% |
| Medium Support (Medium Sized Company) |
50% |
25% |
13% |
N/A |
| High Support (Large Company) |
75% |
45% |
34% |
N/A |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
N/A |
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Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 45112 - Hobby, Toy, and Game Stores |
| 32619 - Other Plastics Product Manufacturing |
| 42392 - Toy and Hobby Goods and Supplies Merchant Wholesa... |
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| Patent Numbers that apply to this Product/Service |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
0 |
| GRANTED Patents |
0 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
0 |
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For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
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CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
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| Listing #: USA.76.040109.033 |
Page 4 of 5 |
Date Posted: 2009-04-02 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Forecasts for Other Countries
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 Annual Sales - Probability Forecast - Canada |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$1,000 |
$8,700 |
| Low Support |
$12,000 |
$40,000 |
$98,000 |
| Medium Support |
$100,000 |
$280,000 |
$610,000 |
| High Support |
$280,000 |
$770,000 |
$1.6 M |
| Ultra High |
$520,000 |
$1.5 M |
$3.1 M |
 Annual Sales - Probability Forecast - United Kingdom |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$1,800 |
$15,000 |
| Low Support |
$22,000 |
$70,000 |
$170,000 |
| Medium Support |
$180,000 |
$500,000 |
$1.1 M |
| High Support |
$490,000 |
$1.4 M |
$2.9 M |
| Ultra High |
$930,000 |
$2.6 M |
$5.5 M |
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
| Listing #: USA.76.040109.033 |
Page 5 of 5 |
Date Posted: 2009-04-02 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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