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Making fabricated glass right and tolerance tight higher quality for glass fabricators There are currently no reviews for this Innovation.
| Making fabricated glass right and tolerance tight
higher quality for glass fabricators |
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The first flat glass fabrication quality control measuring device that enables faster inspection of custom fabricated glass. |
 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 |
$670 |
$6,500 |
1 of 5
In Development
|
0 of 5
No known protection
|
44 29 is
Average
|
| Low Support |
$8,500 |
$30,000 |
$76,000 |
| Medium Support |
$71,000 |
$220,000 |
$470,000 |
| High Support |
$200,000 |
$600,000 |
$1.3 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$370,000 |
$1.1 M |
$2.4 M |
6 mos-1 yr
|
$100k-$1M
|
Making fabricated glass right and tolerance tight
- higher quality for glass fabricators
Final Decision Maker: glass fabrication shop owners
The first flat glass fabrication quality control measuring device that enables faster inspection of custom fabricated glass within .005" tolerance - 50 times more accurate than traditional hand measurements. Designed by mirror and commercial flat glass industry experts at one of the oldest and most successful U.S. based flat glass manufacturers, this unit verifies shape, size, flatness, holes, and notches up to 10 times faster, ensuring that the product meets critical customer specifications. It also eliminates time-consuming and expensive in-process inspections, constant re-training of personnel and subjective operator judgment to achieve world class product quality of 99.99% for the flat glass industry in commercial and residential applications. We are so sure that this product performs as specified that we warrant its use over a lifetime of normal use and re-calibration. If the product fails to meet specifications, we will reimburse your company the total cost of time, materials and delivery up to $1mm per occurrence.
| $100,000 for one device | Seeking: 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.76.050509.008 |
Page 1 of 5 |
Date Posted: 2009-05-11 |
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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 |
150 |
20% |
There are approximately 10 potential customers per state (500 total). A single customer may purchase multiple machines.
|
| Revenue per First Purchase |
$100,000.00 |
20% |
Based on 20 years of company knowledge in glass fabrication business |
| % 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) |
25% |
30% |
|
| |
| Innovation Status |
|
Development
Status |
1 of 5
In Development
|
concept stage |
| Cost to First Sale (remaining) |
$100k-$1M |
30% |
|
| Time to First Sale (remaining) |
6 mos-1 yr |
30% |
Look for existing machines that could be modified. May have to build from ground up. |
| Confidence in Concept Claims made in description |
20% |
Currently doing manually. Could be done electronically. |
Proprietary
Protection Status |
0 of 5
No known protection
|
Concept stage |
| Concept Score & Diagnostics |
|
|
| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
|
 |
|
| Reason to Believe |
 |
|
|
| Dramatic Difference |
|
|
|
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| Listing #: USA.76.050509.008 |
Page 2 of 5 |
Date Posted: 2009-05-11 |
| ©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 |
$0.2 M |
Current GOAL |
$0.5 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 |
$670 |
$6,500 |
| Low Support |
$8,500 |
$30,000 |
$76,000 |
| Medium Support |
$71,000 |
$220,000 |
$470,000 |
| High Support |
$200,000 |
$600,000 |
$1.3 M |
| Ultra High |
$370,000 |
$1.1 M |
$2.4 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 |
$990 |
$9,600 |
| Low Support |
$12,000 |
$44,000 |
$110,000 |
| Medium Support |
$100,000 |
$320,000 |
$690,000 |
| High Support |
$300,000 |
$890,000 |
$1.9 M |
| Ultra High |
$550,000 |
$1.7 M |
$3.5 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 |
$980 |
$9,600 |
| Low Support |
$12,000 |
$44,000 |
$110,000 |
| Medium Support |
$100,000 |
$320,000 |
$700,000 |
| High Support |
$300,000 |
$900,000 |
$1.9 M |
| Ultra High |
$550,000 |
$1.6 M |
$3.5 M |
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| Listing #: USA.76.050509.008 |
Page 3 of 5 |
Date Posted: 2009-05-11 |
| ©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 |
1.1% |
2% |
3.1% |
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 |
$13 |
$41 |
$87 |
$120 |
| Low Support |
$230 |
$620 |
$1,300 |
$1,900 |
| Medium Support |
$1,700 |
$4,400 |
$8,300 |
$13,000 |
| High Support |
$4,300 |
$11,000 |
$22,000 |
$34,000 |
| Ultra High Support |
$8,200 |
$21,000 |
$42,000 |
$64,000 |
| 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% |
% |
| 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
 |
NAICS Industry Codes
For This Invention |
| 33999 - All Other Miscellaneous Manufacturing |
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| Patent Numbers that apply to this Product/Service |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
40 |
| GRANTED Patents |
0 |
| Licensing Deals SIGNED |
1 |
| 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.76.050509.008 |
Page 4 of 5 |
Date Posted: 2009-05-11 |
| ©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 |
$110 |
$1,000 |
| Low Support |
$1,300 |
$4,700 |
$12,000 |
| Medium Support |
$11,000 |
$35,000 |
$75,000 |
| High Support |
$32,000 |
$94,000 |
$200,000 |
| Ultra High |
$59,000 |
$180,000 |
$380,000 |
 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 |
$190 |
$1,800 |
| Low Support |
$2,400 |
$8,300 |
$21,000 |
| Medium Support |
$20,000 |
$62,000 |
$130,000 |
| High Support |
$57,000 |
$170,000 |
$360,000 |
| Ultra High |
$100,000 |
$310,000 |
$670,000 |
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.76.050509.008 |
Page 5 of 5 |
Date Posted: 2009-05-11 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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