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Waterfall Lounge , Furniture of the future Beauty and multi-sensory relaxation relaxation waterfall for home There are currently no reviews for this Innovation.
| Waterfall Lounge , Furniture of the future Beauty and multi-sensory relaxation
relaxation waterfall for home |
|
This beautiful soothing waterfall lounge chair can relax your body, reduce your stress level,increase bloodflow to the brain and make a 20 minute nap feel like a 2 hour sleep. |
 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 |
$15 |
$1.4 M |
$12.0 M |
2 of 5
Successful Prototypes
|
5 of 5
Granted Patent Claims
|
39 29 is
Average
|
| Low Support |
$19.6 M |
$56.8 M |
$125.9 M |
| Medium Support |
$173.9 M |
$406.5 M |
$763.5 M |
| High Support |
$497.2 M |
$1.1 B |
$2.0 B |
Remaining Time & Cost to First Sale |
| Ultra High |
$933.1 M |
$2.1 B |
$3.9 B |
6 mos-1 yr
|
$10k-$100k
|
Waterfall Lounge , Furniture of the future Beauty and multi-sensory relaxation
- relaxation waterfall for home
Final Decision Maker: deluxe user ,airport passengers,doctors,spa owner,hotel and interior designer, nursing mothers, golfers, .
THE WATERFALL LOUNGE CHAIR Is a stress releasing sensation! It has been featured on "America's Talking", "Good Morning America" 'The Today Show" "CNN's Take it Personally" and "Carol and Marilyn Show" in Los Angles. Winner of the Hammacher Schlemmer Invention of the Year Award, This chair has been used for over 10 years at exclusive Spas across the US. Your body will feel like its floating when you experience the bliss that this beautiful mahogany lounge provides. Directly below the flexible wood strips you lie on is a real waterfall producing the soothing sounds of a babbling brook. The specially designed curves move the water to prohibit splashing. The water also provides humidity for the room while producing Negative IONS which balances your bodies' energy fields, helping to reduce stress levels and improve blood chemistry. This Lounge addresses relaxation and stress in a holistic and sustainable way, using farmed mahogany and natural materials. The flexible strips of wood you lie on are spaced to allow the water's sound and heat to encompass you. The copper pan provides a completely contained waterfall hidden directly under the strips of the chair seat. The lounge chair raises your feet slightly above your head. There is an adjustable back support and a head rest that passively massages your neck. I have sold these chairs privately and have working models still going after 10 years. There are a minimum amount of mechanical parts and the chair frame can be made on a CAD CAM machine. The waterfall unit is designed to drop in and can be replaced in minutes. This chair is a beautiful and completely comfortable lounge giving you a feeling you will find nowhere else. My second patent, the waterfall lounge was described in NY Times Feb 27 1995 Patents. This chair could be marketed to a wide range of different markets, such as Executive airport lounges, stressed executives, psychiatrist, Spa's, Cruise ships, high-end hotels, hospital drug trauma centers, By relaxing the mind with nonrepeditive sound and the body with its weight distribution balanced, can effect the endorphin production.
| $2,800 for one lounge | 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.76.101909.009 |
Page 1 of 5 |
Date Posted: 2010-02-04 |
|
| ©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 |
15,000,000 |
50% |
This product has multiple markets in the US;Recliner lounge chairs for personal use,as well as Shopping Malls, Airports, Spas and Hospitals where this chair will get experienced
|
| Revenue per First Purchase |
$2,800.00 |
50% |
This chair purchased for rental will produce multiple purchases at first and as exposure grows the home market will expand for single purchases with out the costs of a(Show Room). |
| % 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) |
50% |
40% |
The cost of production in China or Mexico could allow for the producer to markup the cost easily 5 times for direct sale. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
7 prototypes have been sold and are still working some for over 10 years. A motor drive is needed to control the attitude of the chair for all sizes of people. |
| Cost to First Sale (remaining) |
$10k-$100k |
40% |
The working prototype is done and any additions would be with off the shelf parts readily available. It can be produced on a CAD CAM router table. Copper templates are made. |
| Time to First Sale (remaining) |
6 mos-1 yr |
50% |
I have all the design templates to produce chairs now.I have the jigs to produce the copper pans. I us a standard pump and plumbing parts. All we need is a standard motor drive. |
| Confidence in Concept Claims made in description |
60% |
100's of people have experienced the chair at demonstrations. I have had great compliments. I have sold 7 to spas. Moving water is used in lobbies to reduce stress and create calm. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
Waterfall is complete, the lower lumbar support and neck support is complete but could be reworked for durability. A motor drive needs to be intagrated in the base. |
| 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.76.101909.009 |
Page 2 of 5 |
Date Posted: 2010-02-04 |
| ©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 |
$0.5 M |
Current GOAL |
$7 M |
The chair slides back in to this position after you sit in it,providing adjustable support for your lower back, head and neck. The flexible wood strips will lift up to add water. |
Inventor(s) Commentary:
I have had over 50 people on this chair at demonstrations. Most say they feel like they are floating when laying on it. I have a psychiatrists testimonial on how her patients reacted to the chair and there accelerated progress. I need a partner who is creative and flexible in there approach to introducing this revolutionary chair. |
|
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 |
$15 |
$1.4 M |
$12.0 M |
| Low Support |
$19.6 M |
$56.8 M |
$125.9 M |
| Medium Support |
$173.9 M |
$406.5 M |
$763.5 M |
| High Support |
$497.2 M |
$1.1 B |
$2.0 B |
| Ultra High |
$933.1 M |
$2.1 B |
$3.9 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 |
$24 |
$2.2 M |
$18.7 M |
| Low Support |
$30.3 M |
$88.0 M |
$193.2 M |
| Medium Support |
$277.6 M |
$630.1 M |
$1.2 B |
| High Support |
$778.3 M |
$1.7 B |
$3.1 B |
| Ultra High |
$1.5 B |
$3.3 B |
$6.0 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 |
$24 |
$2.2 M |
$18.6 M |
| Low Support |
$30.4 M |
$87.5 M |
$192.8 M |
| Medium Support |
$275.1 M |
$629.8 M |
$1.2 B |
| High Support |
$773.2 M |
$1.7 B |
$3.1 B |
| Ultra High |
$1.5 B |
$3.3 B |
$6.0 B |
|
| Listing #: USA.76.101909.009 |
Page 3 of 5 |
Date Posted: 2010-02-04 |
| ©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 |
4.5% |
8.4% |
12.6% |
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 |
$100,000 |
$320,000 |
$670,000 |
$970,000 |
| Low Support |
$1.9 M |
$4.7 M |
$9.0 M |
$14.0 M |
| Medium Support |
$13.3 M |
$32.4 M |
$58.5 M |
$97.2 M |
| High Support |
$36.0 M |
$85.2 M |
$156.6 M |
$255.6 M |
| Ultra High Support |
$68.8 M |
$164.8 M |
$306.0 M |
$494.3 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% |
% |
| 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 |
| 44211 - Furniture Stores |
| 62131 - Offices of Chiropractors |
| 71391 - Golf Courses and Country Clubs |
| 71393 - Marinas |
| 71394 - Fitness and Recreational Sports Centers |
|
| Patent Numbers that apply to this Product/Service |
| 5387181 |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
19 |
| GRANTED Patents |
2 |
| Licensing Deals SIGNED |
1 |
| Innovations that have SHIPPED |
9 |
|
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.76.101909.009 |
Page 4 of 5 |
Date Posted: 2010-02-04 |
| ©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 |
$2 |
$220,000 |
$1.9 M |
| Low Support |
$3.1 M |
$9.0 M |
$20.0 M |
| Medium Support |
$27.6 M |
$64.4 M |
$121.0 M |
| High Support |
$78.8 M |
$176.9 M |
$324.4 M |
| Ultra High |
$147.9 M |
$339.8 M |
$621.7 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 |
$390,000 |
$3.4 M |
| Low Support |
$5.5 M |
$16.0 M |
$35.4 M |
| Medium Support |
$48.9 M |
$114.3 M |
$214.7 M |
| High Support |
$139.8 M |
$313.8 M |
$575.4 M |
| Ultra High |
$262.4 M |
$602.9 M |
$1.1 B |
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.76.101909.009 |
Page 5 of 5 |
Date Posted: 2010-02-04 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
