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Tracblinds System Protect Venetian Blinds Prevent damage Venetian blinds for windows There are currently no reviews for this Innovation.
| Tracblinds System Protect Venetian Blinds
Prevent damage Venetian blinds for windows |
|
Save money and reduce waste by never having to replace venetian blinds in your home or business again because of wind damage. |
 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 |
$85,000 |
$770,000 |
2 of 5
Successful Prototypes
|
2 of 5
Patent Pending
|
19 29 is
Average
|
| Low Support |
$1.2 M |
$3.6 M |
$9.0 M |
| Medium Support |
$10.5 M |
$27.4 M |
$56.8 M |
| High Support |
$29.7 M |
$75.3 M |
$151.1 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$53.8 M |
$137.8 M |
$277.6 M |
< 6 months
|
< $10k
|
Tracblinds System Protect Venetian Blinds
- Prevent damage Venetian blinds for windows
Final Decision Maker: home owners, rental property manager, apartment tenant, office tenant
We have designed a product that will protect venetian blinds from wind damage thus increasing the life of the consumer's investment. The system is easy to install and can added to existing blinds in a matter of minutes. This revolutionary invention will save our customers money by reducing the need to replace damaged venetian blinds in homes and businesses. An added sustainability benefit of our product is the reduction of waste which is produced when damaged blinds are disposed. Additionally, our product will reduce noise caused by the movement of blinds. This innovation is the result of a problem that the inventor faced regularly in his own home over the past 20 years.
| $20.00 for a pair | Seeking: Research, Purchase, Investment, Distribution, Manufacturing/R&D |
|
* 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.76.090609.001 |
Page 1 of 5 |
Date Posted: 2009-09-07 |
|
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
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 |
100,000,000 |
30% |
Estimates are based on total number of homeowners and renters in the US.
|
| Revenue per First Purchase |
$60.00 |
30% |
|
| % 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 |
35% |
30% |
|
| Producer Profit (EBITD) |
16% |
40% |
|
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
Our product has been designed and a prototype has been created. We have also researched manufactures. Samples of the product and packaging are available. |
| Cost to First Sale (remaining) |
< $10k |
30% |
|
| Time to First Sale (remaining) |
< 6 months |
30% |
|
| Confidence in Concept Claims made in description |
50% |
Based on prototype testing we are confident that our product will meet the claims stated. |
Proprietary
Protection Status |
2 of 5
Patent Pending
|
We have filed for a provisional patent. |
| Concept Score & Diagnostics |
|
|
| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
|
| Dramatic Difference |
|
|
|
|
| Listing #: USA.76.090609.001 |
Page 2 of 5 |
Date Posted: 2009-09-07 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Inventor Commentary & Alternative Development Scenarios
|
|
| Inventor(s) Sales Goals |
| Minimum Goal |
$0.3 M |
Current GOAL |
$100,000 |
|
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 |
$85,000 |
$770,000 |
| Low Support |
$1.2 M |
$3.6 M |
$9.0 M |
| Medium Support |
$10.5 M |
$27.4 M |
$56.8 M |
| High Support |
$29.7 M |
$75.3 M |
$151.1 M |
| Ultra High |
$53.8 M |
$137.8 M |
$277.6 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 |
$2 |
$230,000 |
$1.8 M |
| Low Support |
$3.2 M |
$8.7 M |
$17.9 M |
| Medium Support |
$30.9 M |
$63.6 M |
$108.6 M |
| High Support |
$85.3 M |
$173.0 M |
$289.5 M |
| Ultra High |
$161.5 M |
$319.9 M |
$534.8 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 |
$2 |
$230,000 |
$1.7 M |
| Low Support |
$3.2 M |
$8.6 M |
$17.7 M |
| Medium Support |
$31.0 M |
$63.1 M |
$106.9 M |
| High Support |
$85.9 M |
$171.3 M |
$291.4 M |
| Ultra High |
$158.9 M |
$320.2 M |
$533.8 M |
|
| Listing #: USA.76.090609.001 |
Page 3 of 5 |
Date Posted: 2009-09-07 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Details
|
|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
1.5% |
2% |
2.7% |
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 |
$1,300 |
$3,300 |
$6,500 |
$10,000 |
| Low Support |
$23,000 |
$53,000 |
$94,000 |
$160,000 |
| Medium Support |
$170,000 |
$370,000 |
$630,000 |
$1.1 M |
| High Support |
$450,000 |
$980,000 |
$1.7 M |
$2.9 M |
| Ultra High Support |
$830,000 |
$1.8 M |
$3.1 M |
$5.4 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 |
| 44413 - Hardware Stores |
| 44411 - Home Centers |
| 44229 - Other Home Furnishings Stores |
| 42322 - Home Furnishing Merchant Wholesalers |
| 33792 - Blind and Shade Manufacturing |
|
| Patent Numbers that apply to this Product/Service |
| |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
5 |
| GRANTED Patents |
0 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
0 |
|
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"
|
|
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.
|
| Listing #: USA.76.090609.001 |
Page 4 of 5 |
Date Posted: 2009-09-07 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Forecasts for Other Countries
|
|
 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 |
$120,000 |
| Low Support |
$190,000 |
$580,000 |
$1.4 M |
| Medium Support |
$1.7 M |
$4.3 M |
$9.0 M |
| High Support |
$4.7 M |
$11.9 M |
$24.0 M |
| Ultra High |
$8.5 M |
$21.8 M |
$44.0 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 |
$24,000 |
$220,000 |
| Low Support |
$340,000 |
$1.0 M |
$2.5 M |
| Medium Support |
$3.0 M |
$7.7 M |
$16.0 M |
| High Support |
$8.4 M |
$21.2 M |
$42.5 M |
| Ultra High |
$15.1 M |
$38.7 M |
$78.1 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.76.090609.001 |
Page 5 of 5 |
Date Posted: 2009-09-07 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
