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Increased fuel efficiency for delivery trucks (code: 48312) reduce costs for fuel There are currently no reviews for this Innovation.
| Increased fuel efficiency for delivery trucks (code: 48312)
reduce costs for fuel |
|
Save an estimated 20% on your fleet fuel costs |
 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 |
$54 |
$450 |
5 of 5
Shipping & Selling
|
5 of 5
Granted Patent Claims
|
25 29 is
Average
|
| Low Support |
$710 |
$2,100 |
$5,300 |
| Medium Support |
$6,100 |
$15,000 |
$32,000 |
| High Support |
$17,000 |
$41,000 |
$88,000 |
Remaining Time & Cost to First Sale |
| Ultra High |
$31,000 |
$76,000 |
$170,000 |
< 6 months
|
< $10k
|
Increased fuel efficiency for delivery trucks (code: 48312)
- reduce costs for fuel
Final Decision Maker: Delivery companies
Delivery industry trucks get as little as 6MPG. Although efforts to increase fleet mileage through hybrid technology are admirable, such large-scale and extreme technology transition is costly (75% more so, in most instances) and time consuming. Our technology is a simple engine add-on, which is a cheaper alternative, and can be integrated into a standard, routine maintenance schedule.
Using brand new and patented technology, Increased Fuel Efficiency will give your vehicles a dramatic increase in power, while at the same time consuming less fuel, all with one simple mechanical addition to the engine. This component works differently than others because it uses a patented process that uses physics instead of chemicals. It works on both gasoline, LPG, and diesel engines, and will improve fuel economy by an estimated 20%. Another reason it will save you money is that it requires no EPA testing, and has already been approved by the California EPA. Increased Fuel Efficiency has already seen US sales of over $3m, and has proven a very worthwhile investment for many vehicle fleets.
| $500 for one unit | Seeking: Purchase, 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.76.051710.024 |
Page 1 of 4 |
Date Posted: 2010-05-19 |
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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 |
4 |
60% |
number of large delivery companies established in the USA
|
| Revenue per First Purchase |
$100,000.00 |
60% |
200 trucks overhauled at a time, rated replacement rate per/year for FedEx |
| % that will Repeat |
90% |
60% |
savings are immediate |
| Number of Annual Repeats |
6 |
60% |
time/turnover for 200 trucks being retrofitted and refurbished nation-wide per month |
| Revenue per Repeat Purchase |
$100,000.00 |
60% |
based on FPR |
| Reseller (Trade) Margin |
N/A |
N/A |
|
| Producer Profit (EBITD) |
14% |
70% |
based on industry data |
| |
| Innovation Status |
|
Development
Status |
5 of 5
Shipping & Selling
|
|
| Cost to First Sale (remaining) |
< $10k |
90% |
already in production |
| Time to First Sale (remaining) |
< 6 months |
90% |
already in production |
| Confidence in Concept Claims made in description |
60% |
most are fact, estimate on improved fuel efficiency |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
|
| 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.76.051710.024 |
Page 2 of 4 |
Date Posted: 2010-05-19 |
| ©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 |
N/A |
Current GOAL |
N/A |
Inventor(s) Commentary:
NOTE: This innovation is represented by www.yet2.com and was input by the Planet Eureka! Team who is solely responsible for its content. All cost and pricing information was estimated by the Planet Eureka! Team. To access more complete information simply click on “Link to Website With More Complete Info” or on “Email Inventor(s)” on the bottom of page 1 of this report. |
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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 |
$54 |
$450 |
| Low Support |
$710 |
$2,100 |
$5,300 |
| Medium Support |
$6,100 |
$15,000 |
$32,000 |
| High Support |
$17,000 |
$41,000 |
$88,000 |
| Ultra High |
$31,000 |
$76,000 |
$170,000 |
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 |
$100 |
$820 |
| Low Support |
$1,300 |
$3,800 |
$9,600 |
| Medium Support |
$11,000 |
$28,000 |
$59,000 |
| High Support |
$32,000 |
$76,000 |
$160,000 |
| Ultra High |
$59,000 |
$140,000 |
$300,000 |
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 |
$86 |
$840 |
| Low Support |
$1,200 |
$3,700 |
$9,800 |
| Medium Support |
$10,000 |
$27,000 |
$61,000 |
| High Support |
$28,000 |
$75,000 |
$170,000 |
| Ultra High |
$52,000 |
$140,000 |
$310,000 |
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 |
$160 |
$1,500 |
| Low Support |
$2,300 |
$6,800 |
$18,000 |
| Medium Support |
$19,000 |
$50,000 |
$110,000 |
| High Support |
$53,000 |
$140,000 |
$300,000 |
| Ultra High |
$100,000 |
$260,000 |
$580,000 |
|
| Listing #: USA.76.051710.024 |
Page 3 of 4 |
Date Posted: 2010-05-19 |
| ©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 |
2.3% |
2.7% |
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 |
$2 |
$4 |
$8 |
$13 |
| Low Support |
$31 |
$67 |
$110 |
$200 |
| Medium Support |
$210 |
$430 |
$700 |
$1,300 |
| High Support |
$570 |
$1,200 |
$1,900 |
$3,600 |
| Ultra High Support |
$1,100 |
$2,300 |
$3,600 |
$6,800 |
| 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 |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 49111 - Postal Service |
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| Patent Numbers that apply to this Product/Service |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
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| GRANTED Patents |
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| Licensing Deals SIGNED |
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| Innovations that have SHIPPED |
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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.76.051710.024 |
Page 4 of 4 |
Date Posted: 2010-05-19 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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