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Worlds fastest car top carrier attachment method Fastest Car top Carrier attachment for your car. There are currently no reviews for this Innovation.
| Worlds fastest car top carrier attachment method
Fastest Car top Carrier attachment for your car. |
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The fastest and easiest method for attaching items to the top of your car. |
 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 |
$3 |
$230,000 |
$2.6 M |
2 of 5
Successful Prototypes
|
5 of 5
Granted Patent Claims
|
24 29 is
Average
|
| Low Support |
$3.5 M |
$12.4 M |
$32.6 M |
| Medium Support |
$27.2 M |
$91.4 M |
$201.6 M |
| High Support |
$79.1 M |
$252.4 M |
$547.0 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$149.3 M |
$483.7 M |
$1.0 B |
6 mos-1 yr
|
$10k-$100k
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Worlds fastest car top carrier attachment method
- Fastest Car top Carrier attachment for your car.
Final Decision Maker: Car owners who want to carry cargo or sports equipment
Attach any car top carrier in 10 Seconds! - Bike Carrier
- Cargo Box
- Kayak Carrier
- Ski/ Snowboard Carrier
- Cargo Bags
- etc.
Easiest to use and fastest attachment method, PERIOD!
Design fits all roof top cross bars!
Easily swing down the pivot arm to securely attach the carrier!
- One adjustment point makes attachment a snap!
- Allows for the same fit, time after time.
- Carrier can be attached fully loaded.
- All adjustments are on the exterior.
- Patented Spring Loaded attachment method.
Add versatility to the roof of your car! - Don't leave that bike rack on all winter.
- Easily swap out carriers for different activities.
- Save gas, get the unused items off the top of your car.
| $10 for the parts to add this attachment method to a carrier. | Seeking: Purchase |
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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.76.030309.002 |
Page 1 of 5 |
Date Posted: 2009-03-10 |
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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
|
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| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
191,000,000 |
60% |
There are 204 millions cars and 191 million drivers in the United States.
|
| Revenue per First Purchase |
$200.00 |
50% |
Sport carriers generally range from $100+ for a bike carrier to over $600 for some of the higher end Cargo Boxes. I've assumed an average on the lower end of that range. |
| % 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 |
45% |
60% |
Retailers in the outdoor industry look for 50%. On more expensive or very popular items they will go down to around 35% or 40%. |
| Producer Profit (EBITD) |
35% |
60% |
Manufacturers will typically make 30% to 50% through the retail channel. I am assuming the low end of this. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
The attachment method has been engineered and used on 1 product that was sold to consumers and has been successfully implemented on a variety of prototypes. |
| Cost to First Sale (remaining) |
$10k-$100k |
60% |
The cost for the attachment method would be easily under 100K (An injection molded foot, latch, and bent aluminum). This does not included the cost of the product it attaches to. |
| Time to First Sale (remaining) |
6 mos-1 yr |
60% |
If you plan for 3 months engineering, development and prototyping. 2 months for testing and redesign,3-4 months for tooling and 2-3 months for build out and delivery your at a year |
| Confidence in Concept Claims made in description |
60% |
Over 10,000 miles on the production unit and thousands of miles on various prototypes. This will need to be tested by the company interested, using their test and protocols. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
My granted patent focuses on the attachment method. |
| Concept Score & Diagnostics |
|
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| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
|
| Dramatic Difference |
|
|
|
|
| Listing #: USA.76.030309.002 |
Page 2 of 5 |
Date Posted: 2009-03-10 |
| ©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 |
$1 M |
Current GOAL |
$3 M |
Inventor(s) Commentary:
Seeing is believing! Once someone sees something being attached to a car using my patented method the benefit is obvious! This is a simple piece of engineering that is easy to implemented while being significantly faster .It can change the way people use the tops of their cars.
I have over 12 years of Industrial Design and product development background with products being sold by major retailers and catalog companies. I understand what it takes to get a product to the market |
|
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 |
$3 |
$230,000 |
$2.6 M |
| Low Support |
$3.5 M |
$12.4 M |
$32.6 M |
| Medium Support |
$27.2 M |
$91.4 M |
$201.6 M |
| High Support |
$79.1 M |
$252.4 M |
$547.0 M |
| Ultra High |
$149.3 M |
$483.7 M |
$1.0 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 |
$18 |
$1.7 M |
$14.9 M |
| Low Support |
$26.2 M |
$73.5 M |
$152.9 M |
| Medium Support |
$235.0 M |
$534.9 M |
$914.6 M |
| High Support |
$679.0 M |
$1.5 B |
$2.4 B |
| Ultra High |
$1.3 B |
$2.8 B |
$4.7 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 |
$18 |
$1.8 M |
$15.1 M |
| Low Support |
$26.2 M |
$73.9 M |
$154.6 M |
| Medium Support |
$234.1 M |
$533.8 M |
$915.3 M |
| High Support |
$673.0 M |
$1.5 B |
$2.4 B |
| Ultra High |
$1.3 B |
$2.8 B |
$4.6 B |
|
| Listing #: USA.76.030309.002 |
Page 3 of 5 |
Date Posted: 2009-03-10 |
| ©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
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|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
4.4% |
5.9% |
7.6% |
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 |
$11,000 |
$28,000 |
$54,000 |
$84,000 |
| Low Support |
$200,000 |
$470,000 |
$830,000 |
$1.4 M |
| Medium Support |
$1.4 M |
$3.2 M |
$5.5 M |
$9.5 M |
| High Support |
$3.8 M |
$8.6 M |
$15.0 M |
$25.9 M |
| Ultra High Support |
$7.4 M |
$16.5 M |
$28.3 M |
$49.5 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 |
| 45291 - Warehouse Clubs and Supercenters |
| 45111 - Sporting Goods Stores |
| 44131 - Automotive Parts and Accessories Stores |
| |
| |
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| Patent Numbers that apply to this Product/Service |
| 7,258,260 |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
10 |
| GRANTED Patents |
2 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
2 |
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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.76.030309.002 |
Page 4 of 5 |
Date Posted: 2009-03-10 |
| ©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 |
$36,000 |
$420,000 |
| Low Support |
$550,000 |
$2.0 M |
$5.2 M |
| Medium Support |
$4.3 M |
$14.5 M |
$31.9 M |
| High Support |
$12.5 M |
$40.0 M |
$86.7 M |
| Ultra High |
$23.7 M |
$76.7 M |
$165.3 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 |
$1 |
$64,000 |
$750,000 |
| Low Support |
$980,000 |
$3.5 M |
$9.2 M |
| Medium Support |
$7.6 M |
$25.7 M |
$56.7 M |
| High Support |
$22.2 M |
$71.0 M |
$153.8 M |
| Ultra High |
$42.0 M |
$136.0 M |
$293.2 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.76.030309.002 |
Page 5 of 5 |
Date Posted: 2009-03-10 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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