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Appliance Generator Appliance Back-up for office/home use There are currently no reviews for this Innovation.
| Appliance Generator
Appliance Back-up for office/home use |
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The first and only gas-free generator the utilizes rechargeable batteries for home and office use. |
 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 |
$14 |
$1.7 M |
$11.2 M |
1 of 5
In Development
|
1 of 5
Potential for Protection
|
35 29 is
Average
|
| Low Support |
$23.5 M |
$54.1 M |
$104.2 M |
| Medium Support |
$207.2 M |
$376.6 M |
$614.0 M |
| High Support |
$588.7 M |
$1.1 B |
$1.7 B |
Remaining Time & Cost to First Sale |
| Ultra High |
$1.1 B |
$2.0 B |
$3.1 B |
6 mos-1 yr
|
$50M-$100M
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Appliance Generator
- Appliance Back-up for office/home use
Final Decision Maker: consumer living in a home, apartment or utilizing a business office
The Appliance Generator is the "First and only gas free generator utilizing rechargeable batteries." This product will be safer than conventional gas operated generator that are portable enough to move room to room. We strongly believe this product would be beneficial in that is would provide temporary source of power during power failure. The product would have been of tremendous value in the 2002 Kansas City ice storm that left many, including the inventors family without power for weeks and even resulted in the death to some Kansas City residents using conventional gas generators incorrectly. This product will be affordable and provide safety for household and business use and most importantly preserve one thing that is very valuable to us all-life. This product can be producted at low manufacturing cost using existing assembly line and production facilities making it simple to mass produce. All production material and components are readily available on the commercial level. The product would be convenient and cost effiencent for the manufactures and consumers providing a temporary source of power for those in need of emergency medical equipment utilizing electrity to those who like to enjoy the luxury of lights, television and basic appliances during a power outage.
| $129.00 for One backup appliance battery pack | 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.76.041409.015 |
Page 1 of 5 |
Date Posted: 2009-04-24 |
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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
|
|
| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
105,000,000 |
30% |
This assumption of final decision makers is based on the number homeowners, renters and small businesses. Based on a percentage of buyers for 131M our best guess would be 19M.
|
| Revenue per First Purchase |
$258.00 |
30% |
First Purchase revenue is calculated based on statistics for just one state, New York, which suffered a major power outage in 2008. Nearly 1M customers were without power for days. |
| % that will Repeat |
50% |
30% |
Repeat buying is assumed as with the pricing that the consumer will see the value in the product, when it is needed. |
| Number of Annual Repeats |
2 |
30% |
Best Guess |
| Revenue per Repeat Purchase |
$129.00 |
30% |
We are calculating that consumers will buy this product for $129.00 a unit. The consumer will be exited about the product making the purchase more. |
| Reseller (Trade) Margin |
30% |
30% |
Reseller profit margin would increase based on supply and demand of the product. We foresee the product increasing in value and inclement weather is forecast in a particular area. |
| Producer Profit (EBITD) |
13% |
30% |
Cost from producing the item would be low, based on the fact that is can be produced from existing material and existing assembly lines that are currently being used. |
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| Innovation Status |
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Development
Status |
1 of 5
In Development
|
The Appliance Generator is currently in development stages. Research has been done to ensure that the product would be a valuable resource and is not a product in the market. |
| Cost to First Sale (remaining) |
$50M-$100M |
30% |
If and estimate 2% on the final decision maker by this product first sales estimate would yeild over 50M. |
| Time to First Sale (remaining) |
6 mos-1 yr |
20% |
Consumers are more aware of the quality products they buy and the need and sources to use those products even when the is no electrical power. |
| Confidence in Concept Claims made in description |
30% |
The Inventors details on basis for estimate was obtained from data provided by a professional invention submission organization (Invent-tech). |
Proprietary
Protection Status |
1 of 5
Potential for Protection
|
The invention currently has patent registration filed with the US Commsion of Patents in Washington DC. |
| 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.76.041409.015 |
Page 2 of 5 |
Date Posted: 2009-04-24 |
| ©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 |
$0.3 M |
Current GOAL |
$0.5 M |
The appliance generator can be used with every electrical appliance in the home and office. |
Inventor(s) Commentary:
The concept of the Mini Generator was first conceived by Michael Smallwood
during an ice storm in Kansas City in 2002 that resulted in home being without
Power for more that two weeks. By offering an affordable temporary source of
power the basic everyday necessities. The 2002 tragedy cost many their lives
due to improper use of traditional gas generators. Michael though of a small
device that could be attached to any appliance that would allow the public to
view news broadcast on television and enjoy the simple things like a hot cup of
coffee.
While these things are taken for granted when there is electricity; the Mini
Generator would certainly be appreciated with the source temporarily removed.
The final decision maker for the products include male and females who own or rent homes or apartment; business professional who conduct business in small or in home offices. The appliance generator can also be used by those using portable electrical medical equipment in and outside of medical facilities. |
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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 |
$14 |
$1.7 M |
$11.2 M |
| Low Support |
$23.5 M |
$54.1 M |
$104.2 M |
| Medium Support |
$207.2 M |
$376.6 M |
$614.0 M |
| High Support |
$588.7 M |
$1.1 B |
$1.7 B |
| Ultra High |
$1.1 B |
$2.0 B |
$3.1 B |
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 |
$22 |
$2.6 M |
$17.6 M |
| Low Support |
$37.2 M |
$86.2 M |
$163.7 M |
| Medium Support |
$329.3 M |
$595.8 M |
$956.4 M |
| High Support |
$954.5 M |
$1.7 B |
$2.6 B |
| Ultra High |
$1.8 B |
$3.1 B |
$4.8 B |
If PRODUCT/SERVICE Improved (Increase 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 |
$18 |
$2.2 M |
$14.5 M |
| Low Support |
$30.1 M |
$71.8 M |
$138.9 M |
| Medium Support |
$264.8 M |
$490.4 M |
$823.8 M |
| High Support |
$756.3 M |
$1.4 B |
$2.3 B |
| Ultra High |
$1.4 B |
$2.6 B |
$4.2 B |
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 |
$30 |
$3.5 M |
$23.4 M |
| Low Support |
$48.7 M |
$113.6 M |
$223.3 M |
| Medium Support |
$424.1 M |
$783.5 M |
$1.3 B |
| High Support |
$1.2 B |
$2.2 B |
$3.5 B |
| Ultra High |
$2.2 B |
$4.0 B |
$6.5 B |
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| Listing #: USA.76.041409.015 |
Page 3 of 5 |
Date Posted: 2009-04-24 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
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 |
1% |
1.4% |
1.7% |
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 |
$14,000 |
$37,000 |
$71,000 |
$110,000 |
| Low Support |
$240,000 |
$490,000 |
$850,000 |
$1.5 M |
| Medium Support |
$1.8 M |
$3.3 M |
$5.2 M |
$9.9 M |
| High Support |
$5.0 M |
$9.1 M |
$14.4 M |
$27.2 M |
| Ultra High Support |
$9.6 M |
$17.1 M |
$26.5 M |
$51.3 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% |
N/A |
| 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 |
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Graph of EQUIVALENT (Awareness x Distribution) Combinations
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NAICS Industry Codes
For This Invention |
| 33591 - Battery Manufacturing |
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| Patent Numbers that apply to this Product/Service |
| 577948 |
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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.76.041409.015 |
Page 4 of 5 |
Date Posted: 2009-04-24 |
| ©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 |
$2 |
$260,000 |
$1.8 M |
| Low Support |
$3.7 M |
$8.6 M |
$16.5 M |
| Medium Support |
$32.8 M |
$59.7 M |
$97.3 M |
| High Support |
$93.3 M |
$168.3 M |
$262.9 M |
| Ultra High |
$175.5 M |
$311.2 M |
$488.6 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 |
$4 |
$470,000 |
$3.2 M |
| Low Support |
$6.6 M |
$15.2 M |
$29.3 M |
| Medium Support |
$58.3 M |
$105.9 M |
$172.7 M |
| High Support |
$165.5 M |
$298.5 M |
$466.4 M |
| Ultra High |
$311.4 M |
$552.1 M |
$866.8 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.76.041409.015 |
Page 5 of 5 |
Date Posted: 2009-04-24 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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