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Haulin' Hooks weightlifting strap / hook combination Patented weight lifting straps / hook for consumer There are currently no reviews for this Innovation.
| Haulin' Hooks weightlifting strap / hook combination
Patented weight lifting straps / hook for consumer |
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Patented Haulin Hooks offer 2 in 1 weightlifting strap / hooks combination, "never drop" hook design, one size fits all adjustable hook sleeves. Our Haulin Hooks wrist wraps are fully load tested and model specific load rated. |
 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 |
$1 |
$89,000 |
$520,000 |
5 of 5
Shipping & Selling
|
5 of 5
Granted Patent Claims
|
39 29 is
Average
|
| Low Support |
$1.2 M |
$2.6 M |
$4.7 M |
| Medium Support |
$11.2 M |
$18.0 M |
$27.8 M |
| High Support |
$30.9 M |
$49.1 M |
$74.5 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$57.5 M |
$90.7 M |
$138.0 M |
< 6 months
|
< $10k
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Haulin' Hooks weightlifting strap / hook combination
- Patented weight lifting straps / hook for consumer
Final Decision Maker: consumer
Patented Haulin Hooks offer 2 in 1 weightlifting strap / hooks combination, "never drop" hook design, one size fits all adjustable hook sleeves. Our Haulin Hooks wrist wraps are fully load tested and model specific load rated. The Vision (The weight room scholar figured a grip assist ought to act the part by giving lifters extra "hold time" for submax lifts and pulls. He also deduced...)...That grip aids be trusted to "totally" hold the big weights, to finish sets and land them during grip failure situations...Without freakin' the poor lifter into losing it and bailing out on the prime growin' reps!A connection that secure would also benefit bodybuilders with open palm "latt" targeting on their agenda! And to utterly kick down the door of possibilities, why not introduce the world's first ever dual attachment option to give bodybuilders rapid "hook ups" and powerlifters traditional "strap-n-wrap" for maximum control. The best of both worlds! All joined in one sweet wrist tool! And speaking of the wrist...Hold-On Hall Of Fame (A component of "make it or break it" significance that had to meet 3 primary objectives to gain admission into the "Hold-On Hall Of Fame"!)First and foremost this wrist strap would need to be PLUSH! Constricting, chafing or bruising under any load just wouldn't cut it! Secondly, it had to stay in place with an easily adjustable and secure compression fit. And last but not least, how about the ability to fit a 90-pound female bodybuilder, a 300-pound powerlifter, and every weightlifter in between! Now we're talkin' about...The Ultimate Hold-On! (The kind of kick-butt wrist hardware battle-hardened masters of the craft of resistance exercise dream about!)A gear drive to get V-Twin power to the pavement for mass kicking results! Results confirmed by the inventor with an overall bodybuilding victory, made possible in large part by its use! Which was a cause for celebration...At long last having access to a pull tool worthy of the war...A war that no lifter should be ill-equipped to fight...Nor need be since the introduction of original, patented Haulin' Hooks... The Ultimate Hold-On for the Ultimate Warrior!
| $54.95 for one Haulin Hook Hardcore model (Pair) | 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.76.040909.011 |
Page 1 of 5 |
Date Posted: 2009-04-09 |
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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 |
28,000,000 |
90% |
Based on information by Millenium Marketing for Hypertrophy Enterprises through the National Sporting Goods Association and the US Department of Commerce, Office of Consumer Goods
|
| Revenue per First Purchase |
$60.90 |
90% |
These numbers are based on existing sales numbers and a 3+ year track record of currently selling these product lines |
| % 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 |
N/A |
N/A |
|
| Producer Profit (EBITD) |
35% |
90% |
Based on existing sales with a 3+ year history and sold to retail as well as wholesale / webstores |
| |
| Innovation Status |
|
Development
Status |
5 of 5
Shipping & Selling
|
fully developed, tested and in production currently selling and shipping product |
| Cost to First Sale (remaining) |
< $10k |
90% |
All R&D is completed these units are currently on the market, retail, and wholesale seeking distibuters / licensees both National and Internationally |
| Time to First Sale (remaining) |
< 6 months |
90% |
All R&D is completed these units are currently on the market, retail, and wholesale seeking distibuters / licensees both National and Internationally |
| Confidence in Concept Claims made in description |
90% |
currently selling product with a three year+ history with little or no returns / refunds, very favorable testimonial responses |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
full patent protection |
| 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.76.040909.011 |
Page 2 of 5 |
Date Posted: 2009-04-09 |
| ©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 |
$0.4 M |
Current GOAL |
$0.5 M |
Haulin Hooks Hardcore Model MBF-105 Load rated to 800 lbs per set |
Inventor(s) Commentary:
please refer to our corporate website:
www.hold-ons.com for further information. There are other products pending based on our patented hook design such as the EZ-Dip and EZ -Squat which can be seen at:
http://www.youtube.com/user/HypertrophyLLC |
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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 |
$1 |
$89,000 |
$520,000 |
| Low Support |
$1.2 M |
$2.6 M |
$4.7 M |
| Medium Support |
$11.2 M |
$18.0 M |
$27.8 M |
| High Support |
$30.9 M |
$49.1 M |
$74.5 M |
| Ultra High |
$57.5 M |
$90.7 M |
$138.0 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 |
$1 |
$130,000 |
$810,000 |
| Low Support |
$2.0 M |
$4.0 M |
$7.2 M |
| Medium Support |
$17.5 M |
$27.7 M |
$41.4 M |
| High Support |
$49.3 M |
$76.3 M |
$111.5 M |
| Ultra High |
$91.7 M |
$140.3 M |
$204.6 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 |
$1 |
$140,000 |
$820,000 |
| Low Support |
$2.0 M |
$4.0 M |
$7.2 M |
| Medium Support |
$17.5 M |
$28.0 M |
$41.4 M |
| High Support |
$49.7 M |
$76.0 M |
$111.0 M |
| Ultra High |
$92.3 M |
$140.2 M |
$206.2 M |
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| Listing #: USA.76.040909.011 |
Page 3 of 5 |
Date Posted: 2009-04-09 |
| ©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 |
5.3% |
7.3% |
9.4% |
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 |
$5,400 |
$14,000 |
$26,000 |
$42,000 |
| Low Support |
$90,000 |
$180,000 |
$300,000 |
$550,000 |
| Medium Support |
$700,000 |
$1.2 M |
$1.8 M |
$3.7 M |
| High Support |
$2.0 M |
$3.4 M |
$5.0 M |
$10.1 M |
| Ultra High Support |
$3.6 M |
$6.2 M |
$9.2 M |
$18.6 M |
| 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% |
% |
| Low Support (Small Company) |
20% |
10% |
2% |
N/A |
| 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 |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 45111 - Sporting Goods Stores |
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| |
| |
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| Patent Numbers that apply to this Product/Service |
| #7,008,355 |
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| |
| |
| |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
35 |
| GRANTED Patents |
6 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
1 |
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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.76.040909.011 |
Page 4 of 5 |
Date Posted: 2009-04-09 |
| ©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 |
$14,000 |
$83,000 |
| Low Support |
$200,000 |
$410,000 |
$750,000 |
| Medium Support |
$1.8 M |
$2.9 M |
$4.4 M |
| High Support |
$4.9 M |
$7.8 M |
$11.8 M |
| Ultra High |
$9.1 M |
$14.4 M |
$21.9 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 |
$25,000 |
$150,000 |
| Low Support |
$350,000 |
$730,000 |
$1.3 M |
| Medium Support |
$3.1 M |
$5.1 M |
$7.8 M |
| High Support |
$8.7 M |
$13.8 M |
$20.9 M |
| Ultra High |
$16.2 M |
$25.5 M |
$38.8 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.76.040909.011 |
Page 5 of 5 |
Date Posted: 2009-04-09 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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