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Disposable Vehicle Bug Screen Disposable Bug Screen for Autos, Trucks, RV Accessories There are currently no reviews for this Innovation.
| Disposable Vehicle Bug Screen
Disposable Bug Screen for Autos, Trucks, RV Accessories |
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Maintain the appearance and value of your vehicle, and save cleanup time for more important purposes. |
 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 |
$94,000 |
$640,000 |
1 of 5
In Development
|
1 of 5
Potential for Protection
|
20 29 is
Average
|
| Low Support |
$1.4 M |
$3.1 M |
$6.0 M |
| Medium Support |
$11.8 M |
$21.5 M |
$35.7 M |
| High Support |
$33.2 M |
$59.4 M |
$97.2 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$62.2 M |
$113.1 M |
$180.6 M |
1-2 yrs
|
$10k-$100k
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Disposable Vehicle Bug Screen
- Disposable Bug Screen for Autos, Trucks, RV Accessories
Final Decision Maker: Vehicle owners who take care of their vehicles.
Product - Form Fitting Disposable Bug Screen Problem - Bugs and bug juice that gets all over the front end of your vehicle even on short day trips of 100 miles roundtrip, despite your vehicle having a bug deflector or bug screen permanently attached to the front end. Solution - a form fitting disposable bug screen designed for use on a specific trip, to be disposed of after the trip is completed. Benefits 1. Peace of Mind - no need to worry about getting bugs and bug juice all over the front end of your vehicle, staining the finish and damaging its appearance. You can drive your vehicle (auto, truck, RV) on a road trip, weekend getaway, two week vacation or a trip of any distance and duration with no worries. 2. No Messy Cleanup - of bugs and bug juice, thats still required even tho you may have a permanently attached bug guard. 3. Save Time - by not having to scrub of the bugs and bug juice after your trip, and help maintain the appearance and value of your vehicle. 4. Helps maintain the value and appearance of your vehicle, Call me with questions at 651-487-9709.
| $19.99 for pack of 5 | Seeking: Research, 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.76.092109.007 |
Page 1 of 5 |
Date Posted: 2009-09-29 |
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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 |
175,000,000 |
30% |
The numbers are based on an US Census data estimate of the US population of driving age.
|
| Revenue per First Purchase |
$20.00 |
30% |
The intention is to sell a pack of 5 for $19.99. That is why the pessimistic estimate equals the most likely estimate. |
| % that will Repeat |
15% |
30% |
Based on auto related statistics in reference data. |
| Number of Annual Repeats |
1 |
30% |
Estimate based on Auto related reference data. |
| Revenue per Repeat Purchase |
$20.00 |
30% |
The intention is to sell a pack of 5 for $19.99. That is why the pessimistic estimate equals the most likely estimate. |
| Reseller (Trade) Margin |
50% |
30% |
Estimate based on examples. |
| Producer Profit (EBITD) |
5% |
30% |
Based on refernec data related to Autos. |
| |
| Innovation Status |
|
Development
Status |
1 of 5
In Development
|
No development has been completed at the present time. |
| Cost to First Sale (remaining) |
$10k-$100k |
30% |
Low development and production costs. |
| Time to First Sale (remaining) |
1-2 yrs |
30% |
Prototype needs to be developed. |
| Confidence in Concept Claims made in description |
30% |
Gut instinct. |
Proprietary
Protection Status |
1 of 5
Potential for Protection
|
Confidentiality agreements have been developed. |
| 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.76.092109.007 |
Page 2 of 5 |
Date Posted: 2009-09-29 |
| ©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 |
$0.8 M |
Current GOAL |
$5 M |
Inventor(s) Commentary:
Please call me with any needed clarifications at 651-487-9709 or email me at jcombs8826@aol.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 |
$1 |
$94,000 |
$640,000 |
| Low Support |
$1.4 M |
$3.1 M |
$6.0 M |
| Medium Support |
$11.8 M |
$21.5 M |
$35.7 M |
| High Support |
$33.2 M |
$59.4 M |
$97.2 M |
| Ultra High |
$62.2 M |
$113.1 M |
$180.6 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 |
$210,000 |
$1.3 M |
| Low Support |
$3.2 M |
$6.6 M |
$11.8 M |
| Medium Support |
$27.9 M |
$44.7 M |
$67.8 M |
| High Support |
$78.9 M |
$126.2 M |
$184.1 M |
| Ultra High |
$149.3 M |
$234.8 M |
$340.9 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 |
$1 |
$110,000 |
$750,000 |
| Low Support |
$1.6 M |
$3.6 M |
$7.0 M |
| Medium Support |
$13.6 M |
$24.7 M |
$41.0 M |
| High Support |
$38.4 M |
$68.7 M |
$111.7 M |
| Ultra High |
$72.6 M |
$130.3 M |
$206.1 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 |
$250,000 |
$1.6 M |
| Low Support |
$3.7 M |
$7.7 M |
$13.7 M |
| Medium Support |
$32.5 M |
$51.9 M |
$78.5 M |
| High Support |
$92.3 M |
$142.8 M |
$210.5 M |
| Ultra High |
$172.4 M |
$268.6 M |
$390.7 M |
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| Listing #: USA.76.092109.007 |
Page 3 of 5 |
Date Posted: 2009-09-29 |
| ©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
|
|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
0.2% |
0.5% |
0.8% |
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 |
$140 |
$450 |
$1,100 |
$1,400 |
| Low Support |
$2,200 |
$6,000 |
$13,000 |
$18,000 |
| Medium Support |
$16,000 |
$41,000 |
$79,000 |
$120,000 |
| High Support |
$44,000 |
$110,000 |
$220,000 |
$330,000 |
| Ultra High Support |
$87,000 |
$210,000 |
$410,000 |
$630,000 |
| 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% |
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 |
| 44131 - Automotive Parts and Accessories Stores |
| |
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| Patent Numbers that apply to this Product/Service |
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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.76.092109.007 |
Page 4 of 5 |
Date Posted: 2009-09-29 |
| ©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 |
$0 |
$15,000 |
$100,000 |
| Low Support |
$220,000 |
$490,000 |
$960,000 |
| Medium Support |
$1.9 M |
$3.4 M |
$5.7 M |
| High Support |
$5.3 M |
$9.4 M |
$15.4 M |
| Ultra High |
$9.9 M |
$17.9 M |
$28.6 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 |
$0 |
$26,000 |
$180,000 |
| Low Support |
$380,000 |
$870,000 |
$1.7 M |
| Medium Support |
$3.3 M |
$6.0 M |
$10.0 M |
| High Support |
$9.3 M |
$16.7 M |
$27.3 M |
| Ultra High |
$17.5 M |
$31.8 M |
$50.8 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.76.092109.007 |
Page 5 of 5 |
Date Posted: 2009-09-29 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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