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The Tilted Soup Bowls Unique tabletop for Consumers
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| A New Angle for the Cereal and Soup Bowl. The Tilted Soup Bowls,
Here is a bowl slightly angled in the bottom allowing the user to spoon from the bowl without hand tilting the bowl forward. My Granddaughter is
disabled. Now she can eat from a bowl that is know different from any other bowl and it's HER'S.
Let's get it on every table. They are perfect for everyone. Posted by: The Tilted Soup and Cereal Bowls on 01/31/2010 | | |
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| What A Wonderful Concept/ The Tilted Soup Bowls I found this product while checking for a new innovative idea for tabletop. What a wonderful concept. Here they've took a existing product and made it useful by slightly angling the bowl in the bottom. I've checked further to find that they are available in nine colors and are a American Made Product. Let's get this product going!! Posted by: The Tilted Soup and Cereal Bowls on 11/19/2009 | | |
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| The Tilted Soup Bowls
Unique tabletop for Consumers |
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The Tilted Soup Bowls are finally angled in the bottom allowing the users to have a multi purpose bowl. Making you wonder why they were nerver angled in the bottom. |
 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 |
$8,000 |
$78,000 |
4 of 5
Manufacturing Ready
|
5 of 5
Granted Patent Claims
|
26 29 is
Average
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| Low Support |
$110,000 |
$330,000 |
$920,000 |
| Medium Support |
$920,000 |
$2.5 M |
$5.7 M |
| High Support |
$2.6 M |
$6.7 M |
$15.6 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$4.8 M |
$12.6 M |
$28.7 M |
< 6 months
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< $10k
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The Tilted Soup Bowls
- Unique tabletop for Consumers
Final Decision Maker: Head of Households
THE TILTED SOUP BOWLS ARE A NEW DESIGN PATENT. THEY ARE A MODIFICATION FOR A EXISTING USE (THE BOWL.) THEY ARE ANGLED I THE BOTTOM ALLOWING THE USER TO SPOON FROM THE BOWL WITHOUT HAND-TILTING THE BOWL FORWARD. THERE IS KNOW CHANGE TO THE BOWL BUT IN THE BOTTOM. BOWLS ARE SOLD IN THE MARKET PLACE BY THE BILLIONS BUT THE DIFFERENCE BETWEEN OUR BOWLS AND OTHERS IS OUR BOWLS ANGLE DOWN IN THE BOTTOM, MAKING THEM A ONE-OF-A-KIND. THEY ARE A GREAT TODDLER TEACHER, TEACHING CHILDREN HOW TO SPOON FROM THE BOWL WITOUT SPILLING AND HAVE FUN WITH THEIR FOOD. SENIORS LOVE THEM BECAUSE THEY MAKE LIFE EASIER AND THEY ARE USEFUL. A GREAT PRODUCT FOR PERSON WITH DISABILITIES. NOW YOU CAN GET THE LAST DROP.
| $2.99 for 1 | Seeking: Investment, Distribution |
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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.76.072109.001 |
Page 1 of 5 |
Date Posted: 2009-07-28 |
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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 |
23,100,000 |
70% |
Our bowls have been sold on a number of Markets in Chicago, Illinois. Canada and other States. We've nerver had to return money. The bowls are well liked by customers.
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| Revenue per First Purchase |
$3.50 |
70% |
Because of the unique modification of the bowl, The customer automatically get the concept. Which drives the first purchases. After they are used most customers buy more. |
| % that will Repeat |
40% |
70% |
I've know people to purchase one and before the week was out they've bought a set of four or at least more for a friend or family member. |
| Number of Annual Repeats |
6 |
70% |
WHEN A PERSON PURCHASES A TILTED SOUP BOWL THEY ALWAYS TELL SOMEONE AND THAT PERSON PURCHASES OR THEY BUY MORE FOR FAMILY AND FRIENDS. USEFUL BOWLS & GREAT GIFTS. |
| Revenue per Repeat Purchase |
$6.50 |
70% |
When a person use our bowls they always want more or want to gift them out to someone. |
| Reseller (Trade) Margin |
N/A |
N/A |
This product sells because it is useful and different and its not a
product you've got get use to, It's a bowl made useful. It will
make you wonder (WHOW! so simple and unique) |
| Producer Profit (EBITD) |
40% |
40% |
Because once the bowls are marketed and advertised properly to customers the sells will be huge. The Net profit will be based upon a constant |
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| Innovation Status |
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Development
Status |
4 of 5
Manufacturing Ready
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The patent has been acquired, prototype is made and we own the mold that produce the bowls. manufatured here in chicago, Illinois. |
| Cost to First Sale (remaining) |
< $10k |
40% |
The Tilted Soup Bowls are just one product in a line of product connected to the Tilted soup Bowls, we already know that because of the bowls uniqueness and usefullness (THEY SELL) |
| Time to First Sale (remaining) |
< 6 months |
40% |
The Tilted Soup Bowls are a existing use product slightly angled in the bottom allowing the user to spoon from the bowl without hand-tilting the bowls forward making them unique. |
| Confidence in Concept Claims made in description |
80% |
The Tilted Soup Bowls are angled in the bottom allowing the users to spoon from the bowls without hand-tilting the bowls forward. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
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All Necessary protections are 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.76.072109.001 |
Page 2 of 5 |
Date Posted: 2009-07-28 |
| ©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 |
$0.5 M |
Current GOAL |
$100,000 |
Inventor(s) Commentary:
The Tilted Soup Bowls were designed by a Disabled Veteran and his wife. They wanted people to have this useful and unique product because it served those well and not so well. They also wanted a existing use product to become a useful product when or if ever needed it. They angled the bowl in the bottom allowing the user to spoon from the bowl without hand-tilting the bowl forward. Made in America. www.thetiltedsoupbowl.com |
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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 |
$8,000 |
$78,000 |
| Low Support |
$110,000 |
$330,000 |
$920,000 |
| Medium Support |
$920,000 |
$2.5 M |
$5.7 M |
| High Support |
$2.6 M |
$6.7 M |
$15.6 M |
| Ultra High |
$4.8 M |
$12.6 M |
$28.7 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 |
$15,000 |
$140,000 |
| Low Support |
$200,000 |
$620,000 |
$1.6 M |
| Medium Support |
$1.8 M |
$4.5 M |
$10.2 M |
| High Support |
$5.1 M |
$12.7 M |
$27.3 M |
| Ultra High |
$9.0 M |
$23.4 M |
$51.1 M |
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 |
$0 |
$13,000 |
$140,000 |
| Low Support |
$180,000 |
$570,000 |
$1.6 M |
| Medium Support |
$1.4 M |
$4.2 M |
$10.7 M |
| High Support |
$4.1 M |
$12.0 M |
$28.7 M |
| Ultra High |
$7.6 M |
$21.8 M |
$53.5 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 |
$25,000 |
$250,000 |
| Low Support |
$330,000 |
$1.1 M |
$2.9 M |
| Medium Support |
$2.9 M |
$8.1 M |
$19.2 M |
| High Support |
$7.8 M |
$22.3 M |
$52.7 M |
| Ultra High |
$14.6 M |
$40.5 M |
$96.0 M |
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| Listing #: USA.76.072109.001 |
Page 3 of 5 |
Date Posted: 2009-07-28 |
| ©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% |
7.2% |
11% |
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 |
$570 |
$1,700 |
$3,700 |
$5,200 |
| Low Support |
$9,800 |
$27,000 |
$53,000 |
$80,000 |
| Medium Support |
$69,000 |
$180,000 |
$340,000 |
$540,000 |
| High Support |
$180,000 |
$470,000 |
$920,000 |
$1.4 M |
| Ultra High Support |
$340,000 |
$890,000 |
$1.7 M |
$2.7 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 |
| 42399 - Other Miscellaneous Durable Goods Merchant Wholes... |
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| Patent Numbers that apply to this Product/Service |
| utility Patent |
| Design patent |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
10 |
| GRANTED Patents |
1 |
| 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.76.072109.001 |
Page 4 of 5 |
Date Posted: 2009-07-28 |
| ©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 |
$1,300 |
$12,000 |
| Low Support |
$17,000 |
$53,000 |
$150,000 |
| Medium Support |
$150,000 |
$390,000 |
$900,000 |
| High Support |
$410,000 |
$1.1 M |
$2.5 M |
| Ultra High |
$750,000 |
$2.0 M |
$4.5 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 |
$2,300 |
$22,000 |
| Low Support |
$30,000 |
$94,000 |
$260,000 |
| Medium Support |
$260,000 |
$690,000 |
$1.6 M |
| High Support |
$720,000 |
$1.9 M |
$4.4 M |
| Ultra High |
$1.3 M |
$3.5 M |
$8.1 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.76.072109.001 |
Page 5 of 5 |
Date Posted: 2009-07-28 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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