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NuClamp Fastening Systems Faster clamping strut channel for commercial buildings There are currently no reviews for this Innovation.
| NuClamp Fastening Systems
Faster clamping strut channel for commercial buildings |
|
The product reduces field work and provides flexible new ways for attaching building accessories and hardware including strut channel, conduit, piping and ductwork. |
 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 |
$37,000 |
$460,000 |
2 of 5
Successful Prototypes
|
2 of 5
Patent Pending
|
27 29 is
Average
|
| Low Support |
$460,000 |
$1.9 M |
$5.7 M |
| Medium Support |
$4.0 M |
$13.9 M |
$38.3 M |
| High Support |
$10.7 M |
$38.0 M |
$102.0 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$19.4 M |
$69.4 M |
$193.4 M |
1-2 yrs
|
$10k-$100k
|
NuClamp Fastening Systems
- Faster clamping strut channel for commercial buildings
Final Decision Maker: construction trades contractors
NuClamp Fastening Systems is a collection of attachment hardware designed to reduce the labor and associated cost of installing a wide variety of hardware and equipment within a commercial facility. This is a major innovation in a field that has been stagnant for 50 years. NuClamp Fastening Systems have the following advantages over the competition: - It allows you to attach strut channel or piping to I-Beams in any direction four times as fast.
- This is the only strong way to attach a strut channel in line on the center of a beam without drilling holes or welding.
- Parts can be easily manufactured using punch presses.
- This innovation has the potential to be used in virtually all building projects in the world.
- Easy to assemble and adjust, making it perfect for temporary or permanent installations.
- It can be used to attach pipes, conduit, channel struts, boards, trusses, and ductwork.
- Other applications where it can be helpful include: HVAC, sprinkler piping, cranes, plumbing, set construction, lighting, residential construction, and work fixtures.
These fastening systems could be used in any commercial construction and could be manufactured as easily and inexpensively as the products they replace.
| $6.50 for one pair | Seeking: 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.76.021509.001 |
Page 1 of 5 |
Date Posted: 2009-06-03 |
|
| ©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 |
1,200,000 |
50% |
All indoor construction trades contractors are possible repetitive buyers.
|
| Revenue per First Purchase |
$50.00 |
50% |
Buyers are likely to want to try out a small quantity to test its effectiveness. |
| % that will Repeat |
60% |
40% |
Those who have physically tried this product are very impressed with the advantages over existing methods. |
| Number of Annual Repeats |
24 |
50% |
If used this procuct would be used on a regular basis. |
| Revenue per Repeat Purchase |
$150.00 |
50% |
This type of product is used in most Jobs that indoor construction trades contractors are involved. |
| Reseller (Trade) Margin |
50% |
50% |
Based on what I know actual costs are and what products it replaces sells for. |
| Producer Profit (EBITD) |
10% |
50% |
Based on similar products I have direct knowledge of. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
Prototypes have been constructed and some preliminary testing has been done. Drawings are 95% production ready in 3d CAD format. |
| Cost to First Sale (remaining) |
$10k-$100k |
60% |
I was Plant Manager for a company that did this type of manufacuring. |
| Time to First Sale (remaining) |
1-2 yrs |
50% |
I have 3d CAD drawings for manufacturing different sizes and configureations. The designs have been field tested. |
| Confidence in Concept Claims made in description |
60% |
Experience as Mfg. Mgr.& Engr. and Contractor. Have done extensive Internet & patent searches. |
Proprietary
Protection Status |
2 of 5
Patent Pending
|
I have submitted a provisional patent application for this invention and 4 related inventions. I have 2 other applications for patents in the same market area being prepared. |
| 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.76.021509.001 |
Page 2 of 5 |
Date Posted: 2009-06-03 |
| ©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 |
$4 M |
Current GOAL |
$10 M |
This provides a highly flexible and efficient way to attatch hardware to structural members. Many configureations. |
Inventor(s) Commentary:
An internet search based on “strut channel” shows the scope of the market. This invention is one of several innovative alternates I am applying for patents on. They are all within the the wide variety of products that show up when searching for "Strut Channel' & Power Strut. |
|
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 |
$37,000 |
$460,000 |
| Low Support |
$460,000 |
$1.9 M |
$5.7 M |
| Medium Support |
$4.0 M |
$13.9 M |
$38.3 M |
| High Support |
$10.7 M |
$38.0 M |
$102.0 M |
| Ultra High |
$19.4 M |
$69.4 M |
$193.4 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 |
$1 |
$68,000 |
$830,000 |
| Low Support |
$850,000 |
$3.4 M |
$10.2 M |
| Medium Support |
$7.5 M |
$25.4 M |
$67.3 M |
| High Support |
$20.7 M |
$69.2 M |
$178.6 M |
| Ultra High |
$35.9 M |
$128.1 M |
$339.4 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 |
$72,000 |
$900,000 |
| Low Support |
$890,000 |
$3.6 M |
$11.5 M |
| Medium Support |
$7.6 M |
$27.4 M |
$75.5 M |
| High Support |
$20.8 M |
$75.7 M |
$206.8 M |
| Ultra High |
$42.2 M |
$140.7 M |
$380.0 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 |
$130,000 |
$1.6 M |
| Low Support |
$1.7 M |
$6.6 M |
$20.6 M |
| Medium Support |
$14.2 M |
$51.5 M |
$133.3 M |
| High Support |
$39.0 M |
$140.0 M |
$374.6 M |
| Ultra High |
$72.8 M |
$254.6 M |
$678.0 M |
|
| Listing #: USA.76.021509.001 |
Page 3 of 5 |
Date Posted: 2009-06-03 |
| ©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 |
0.7% |
1.2% |
1.8% |
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 |
$270 |
$810 |
$1,800 |
$2,400 |
| Low Support |
$4,600 |
$13,000 |
$27,000 |
$40,000 |
| Medium Support |
$34,000 |
$90,000 |
$190,000 |
$270,000 |
| High Support |
$90,000 |
$240,000 |
$500,000 |
$720,000 |
| Ultra High Support |
$160,000 |
$450,000 |
$930,000 |
$1.3 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% |
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% |
% |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 23822 - Plumbing, Heating, and Air-Conditioning Contractors |
| 23821 - Electrical Contractors and Other Wiring Installat... |
| 23622 - Commercial and Institutional Building Construction |
| 23621 - Industrial Building Construction |
| 23611 - Residential Building Construction |
|
| Patent Numbers that apply to this Product/Service |
| |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
35 |
| GRANTED Patents |
0 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
3 |
|
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.76.021509.001 |
Page 4 of 5 |
Date Posted: 2009-06-03 |
| ©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 |
$5,900 |
$73,000 |
| Low Support |
$72,000 |
$300,000 |
$910,000 |
| Medium Support |
$630,000 |
$2.2 M |
$6.1 M |
| High Support |
$1.7 M |
$6.0 M |
$16.2 M |
| Ultra High |
$3.1 M |
$11.0 M |
$30.7 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 |
$0 |
$11,000 |
$130,000 |
| Low Support |
$130,000 |
$540,000 |
$1.6 M |
| Medium Support |
$1.1 M |
$3.9 M |
$10.8 M |
| High Support |
$3.0 M |
$10.7 M |
$28.7 M |
| Ultra High |
$5.5 M |
$19.5 M |
$54.4 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.76.021509.001 |
Page 5 of 5 |
Date Posted: 2009-06-03 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
