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Quik-Cap Cutter® Shingle Cutter Precise Cutting Shingle Cutter for Roofing Contractors (end users)
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| Request Your Free DVD Video MorDahl, LLC will be more than happy to forward you a DVD video, at your request, of a contractor using the Quik-Cap Cutter® in action. This video reveals the simplicity and accuracy of the tool while in use. We also make note that the video is approximately 10 minutes in length and the contractor cuts one full bundle of 3-in-one shingles into ridge caps in that period of time. Posted by: Rick on 10/19/2009 | | |
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 | Time saving profesional grade roofing tool The cap cutter consistently produces high quality uniform roof caps without tying up an experienced roofer.
The tool can be used by the most entry level roofer and can outperform any and all traditional methods of cap cutting. In addition to the roof caps being of consistent size, shape and uniform quaility, the cap cutter does the job much, much faster than the traditional method. This equates to significant cost & time advantage to a professional roofing contractor.
The tool is rugged, light weight and built to last indefinately. The cutter is manufactured in the United States and is designed to be a consistent performer.
The bottom line is that this tool allows a professional roofer to be more competitive by reducing labor costs, reducing on site job time, and consistently producing an outstanding roof cap. Posted by: Glass Cutter on 10/09/2009 | | |
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| Quik-Cap Cutter® Shingle Cutter
Precise Cutting Shingle Cutter for Roofing Contractors (end users) |
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The Quik-Cap Cutter® is a shingle cutter that offers precise cutting of asphalt or fibergalss shingles into ridgecaps that roofing contractors will appreciate. |
 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 |
$760 |
$5,800 |
2 of 5
Successful Prototypes
|
5 of 5
Granted Patent Claims
|
41 29 is
Average
|
| Low Support |
$11,000 |
$28,000 |
$57,000 |
| Medium Support |
$100,000 |
$200,000 |
$340,000 |
| High Support |
$280,000 |
$550,000 |
$880,000 |
Remaining Time & Cost to First Sale |
| Ultra High |
$520,000 |
$1.0 M |
$1.7 M |
6 mos-1 yr
|
$10k-$100k
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Quik-Cap Cutter® Shingle Cutter
- Precise Cutting Shingle Cutter for Roofing Contractors (end users)
Final Decision Maker: Retail Trade
The Quik-Cap Cutter® is a new roofing tool designed for the contractor to consistently cut ridge caps in half the time it takes when compared to the traditional way... by hand. Three motions using the Quik-Cap Cutter turns one full shingle into 3 ridge caps versus six motions by means of the roofing contractor using the traditional utility knife or roofing knife. Sound simple? It is. No supervision is required and you get high-quality roofing ridge caps in half the time, every time. The Quik-Cap Cutter is affordable and pays for itself in less than one roofing job. It is light in weight and can be taken anywhere to cut your ridge caps: in the garage, your workshop, the tailagte of your truck or even on the roof. This roofing tool is unique and is a one-of-a-kind in the roofing industry. How do I know? Because of how the patent process works. Patent searches and examiners searches are very detailed and aggressive and the patent was issued.
| $249.95 for one Quik-Cap Cutter | Seeking: Purchase, 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.76.041109.012 |
Page 1 of 5 |
Date Posted: 2009-05-05 |
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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 |
23,172 |
50% |
Forecast based on reference data using building material dealers, home centers & hardware stores. Pessimistic is on net income, optimistic on total enterprises, most likely = avg.
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| Revenue per First Purchase |
$749.85 |
50% |
Taking responses from 16A and plugging in wholesale cost of $176.00 per unit for both pessimistic and optimistic values. Most likely is the average. |
| % that will Repeat |
N/A |
N/A |
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| Number of Annual Repeats |
N/A |
N/A |
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| Revenue per Repeat Purchase |
N/A |
N/A |
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| Reseller (Trade) Margin |
34% |
60% |
In this instance, we are predicting manufacturing costs at a lower figure because of a change of raw material and a change in markups which changes margins. |
| Producer Profit (EBITD) |
34% |
60% |
Margins in this instance were derived from actual costs of $117/unit in manufacturing 100 units and realizing anticipated sales. |
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| Innovation Status |
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Development
Status |
2 of 5
Successful Prototypes
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MorDahl,LLC has had 100 units of the Quik-Cap Cutter® manufactured and sales have been made thus far. High marks have been given in testimonials with 100% success on sales made. |
| Cost to First Sale (remaining) |
$10k-$100k |
60% |
Already having a small inventory on hand and minimal sales made, this figure represents an estimate for the cost of displays at trade shows and overhead costs. |
| Time to First Sale (remaining) |
6 mos-1 yr |
60% |
Tool design and market strategy have already been determined. It's a matter of getting to the next level. |
| Confidence in Concept Claims made in description |
60% |
Testimonial letters from contractors who have purchased the The Quik-Cap Cutter® have given it high marks. There has been 100% satisfaction and no returns. The tool is unique. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
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Both patent and trademark are 100% Completed. |
| Concept Score & Diagnostics |
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| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
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| Reason to Believe |
 |
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| Dramatic Difference |
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| Listing #: USA.76.041109.012 |
Page 2 of 5 |
Date Posted: 2009-05-05 |
| ©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 |
$80,000 |
Current GOAL |
$1.7 M |
U.S. Patent 5,052,256 Apparatus For Cutting Shingles
The Quik-Cap Cutter® |
Inventor(s) Commentary:
MorDahl, LLC is comprised of 3 members and is based in Indiana. Decisions must be agreed upon by two thirds of its members. Sales of the Quik-Cap Cutter have been made and testimonials can be provided by us from end users both at the time the tool was purchased followed up in testimonials one year later. Replacement blades are a part of the invention and are protected within the scope of the patent. Our patent was granted but the life of the patent is less than 5 years and not as stated in 5A. |
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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 |
$760 |
$5,800 |
| Low Support |
$11,000 |
$28,000 |
$57,000 |
| Medium Support |
$100,000 |
$200,000 |
$340,000 |
| High Support |
$280,000 |
$550,000 |
$880,000 |
| Ultra High |
$520,000 |
$1.0 M |
$1.7 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 |
$1,200 |
$8,800 |
| Low Support |
$17,000 |
$43,000 |
$84,000 |
| Medium Support |
$160,000 |
$310,000 |
$490,000 |
| High Support |
$420,000 |
$830,000 |
$1.3 M |
| Ultra High |
$810,000 |
$1.5 M |
$2.5 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 |
$1,200 |
$8,700 |
| Low Support |
$17,000 |
$43,000 |
$84,000 |
| Medium Support |
$160,000 |
$310,000 |
$490,000 |
| High Support |
$420,000 |
$830,000 |
$1.3 M |
| Ultra High |
$820,000 |
$1.6 M |
$2.5 M |
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| Listing #: USA.76.041109.012 |
Page 3 of 5 |
Date Posted: 2009-05-05 |
| ©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 (%) |
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Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
3.6% |
5.9% |
8.3% |
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 |
$26 |
$75 |
$150 |
$230 |
| Low Support |
$430 |
$1,100 |
$1,900 |
$3,200 |
| Medium Support |
$3,500 |
$7,100 |
$12,000 |
$21,000 |
| High Support |
$9,400 |
$19,000 |
$33,000 |
$58,000 |
| Ultra High Support |
$17,000 |
$36,000 |
$61,000 |
$110,000 |
| 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
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NAICS Industry Codes
For This Invention |
| 33999 - All Other Miscellaneous Manufacturing |
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| Patent Numbers that apply to this Product/Service |
| 5,052,256 |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
29 |
| GRANTED Patents |
1 |
| 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.76.041109.012 |
Page 4 of 5 |
Date Posted: 2009-05-05 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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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 |
$120 |
$930 |
| Low Support |
$1,700 |
$4,400 |
$9,000 |
| Medium Support |
$16,000 |
$32,000 |
$53,000 |
| High Support |
$44,000 |
$87,000 |
$140,000 |
| Ultra High |
$83,000 |
$160,000 |
$260,000 |
 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 |
$210 |
$1,600 |
| Low Support |
$3,100 |
$7,900 |
$16,000 |
| Medium Support |
$29,000 |
$57,000 |
$94,000 |
| High Support |
$78,000 |
$150,000 |
$250,000 |
| Ultra High |
$150,000 |
$290,000 |
$470,000 |
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.76.041109.012 |
Page 5 of 5 |
Date Posted: 2009-05-05 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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