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Puzzle Packer Cheap Entertainment Entertainment for Budget conscience consumers There are currently no reviews for this Innovation.
| Puzzle Packer
Cheap Entertainment Entertainment for Budget conscience consumers |
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Conveniently store you jigsaw puzzle! |
 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 |
$13 |
$140 |
5 of 5
Shipping & Selling
|
2 of 5
Patent Pending
|
43 29 is
Average
|
| Low Support |
$180 |
$630 |
$1,700 |
| Medium Support |
$1,400 |
$4,600 |
$10,000 |
| High Support |
$4,200 |
$13,000 |
$28,000 |
Remaining Time & Cost to First Sale |
| Ultra High |
$7,700 |
$23,000 |
$52,000 |
< 6 months
|
< $10k
|
Puzzle Packer
- Cheap Entertainment Entertainment for Budget conscience consumers
Final Decision Maker: Jigsaw puzzle lovers
The Jigsaw Puzzle Packer (PP). Best description(s) iare by watching the video and slide shows at: www.puzzlepacker.com or Amazon This product is for all ages that like doing jigsaw puzzles. The benefits are that it is portable, well built from hardwood, can be set at an angle for better viewing while building the jigsaw puzzle. If you should need the table below the Puzzle Packer, you can easily pack up your jigsaw puzzle and move it. You will not loose pieces and all the pieces will be in the exact location they were before when you decide to start working on it again. It uses a special felt to hold the pieces in place and the pressure of the covers also help hold the pieces, keeping gravity from pulling them to the bottom when the PP is carried vertically. It will not ruin your puzzle pieces like the roll mats do! This makes doing jigsaw puzzles FUN! No longer a big problem with all the pieces any more. We have alot of very satisified customers and testimonials! People love it! Some Amazon Reviews: "Puzzles are all the rage for family fun. All ages can enjoy adding a piece to the puzzle at the kitchen or dining table while helping with holiday chores. When it's time to clear the table for mealtime, just fold the puzzle up and put it aside. It's an attractive and inviting way to engage everyone when the puzzle is again available. For holiday and year round fun, I choose a puzzle packer for every home.""This is a wonderful product! It's handmade from REAL wood and the design is genius. You never have to dedicate a whole space to your puzzle again. We even pack ours up and take it with us!" "A great idea well executed. Good materials, good workmanship, fast service. I love it. " "Bought this as a gift to myself...and I love it! Packs up well and easy to use."
| $100.00 for one Puzzle Packer | 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.76.032609.026 |
Page 1 of 5 |
Date Posted: 2009-04-07 |
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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 |
3,600 |
30% |
I currently sell approx. one puzzle packer a day or 365/year on Amazon. The potential is there to sell more, but I don't know how many people do jigsaw puzzles?
|
| Revenue per First Purchase |
$100.00 |
50% |
I sold three to one person buying them as gifts on Amazon. Typically only one is purchased each time, but I have had people buy a larger or small size. |
| % 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) |
40% |
80% |
We know that from experience. Cost for materials,labor, shipping, tool repair, shop costs, office help, bookeeping everything. We want to sell them for $150.00 |
| |
| Innovation Status |
|
Development
Status |
5 of 5
Shipping & Selling
|
We are currently selling the Puzzle Packer at Amazon.com We need to work on improving the packaging as we have had a few damaged in shipping issues. Pricing is another issue! |
| Cost to First Sale (remaining) |
< $10k |
90% |
We are already selling this product, mainly on Amazon.com |
| Time to First Sale (remaining) |
< 6 months |
90% |
We are already selling the Puzzle Packer. |
| Confidence in Concept Claims made in description |
80% |
From Amazon.com and customers we've sold to directly. |
Proprietary
Protection Status |
2 of 5
Patent Pending
|
Darrell has applied for a Utility Patent with an Attorney. Not sure how much longer it will be. We have been working on this design for over 5 years constantly changing design. |
| Concept Score & Diagnostics |
|
|
| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
|
 |
|
| Reason to Believe |
 |
|
|
| Dramatic Difference |
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| Listing #: USA.76.032609.026 |
Page 2 of 5 |
Date Posted: 2009-04-07 |
| ©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 |
$0.2 M |
Current GOAL |
$36,000 |
Creates an relaxing elevated and slanted platform for easy viewing while building your jigsaw puzzle. |
Inventor(s) Commentary:
The jigsaw puzzle packer is being sold today mainly on Amazon.com. We are making improvements on its design from customer feedback. We are trying to keep it as inexpensive as possible, not making much of a profit. Most people like it and the negative feedback has been in the packaging for shipping as some have arrive broken. We have since redesined the corners to withstand the shipping. We could add some styrofoam, to the corners which we are looking into. |
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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 |
$13 |
$140 |
| Low Support |
$180 |
$630 |
$1,700 |
| Medium Support |
$1,400 |
$4,600 |
$10,000 |
| High Support |
$4,200 |
$13,000 |
$28,000 |
| Ultra High |
$7,700 |
$23,000 |
$52,000 |
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 |
$20 |
$210 |
| Low Support |
$260 |
$940 |
$2,400 |
| Medium Support |
$2,100 |
$6,800 |
$15,000 |
| High Support |
$6,400 |
$19,000 |
$40,000 |
| Ultra High |
$12,000 |
$34,000 |
$76,000 |
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 |
$20 |
$210 |
| Low Support |
$260 |
$950 |
$2,400 |
| Medium Support |
$2,100 |
$6,700 |
$15,000 |
| High Support |
$6,300 |
$19,000 |
$40,000 |
| Ultra High |
$12,000 |
$35,000 |
$76,000 |
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| Listing #: USA.76.032609.026 |
Page 3 of 5 |
Date Posted: 2009-04-07 |
| ©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 |
5.4% |
7.1% |
8.8% |
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 |
$1 |
$3 |
$6 |
$10 |
| Low Support |
$23 |
$52 |
$92 |
$160 |
| Medium Support |
$160 |
$350 |
$590 |
$1,000 |
| High Support |
$440 |
$950 |
$1,600 |
$2,900 |
| Ultra High Support |
$790 |
$1,700 |
$3,000 |
$5,200 |
| 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% |
% |
| 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 |
| 71399 - All Other Amusement and Recreation Industries |
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| Patent Numbers that apply to this Product/Service |
| PATENT PENDING |
| |
| |
| |
| |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
30 |
| GRANTED Patents |
3 |
| Licensing Deals SIGNED |
1 |
| 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.76.032609.026 |
Page 4 of 5 |
Date Posted: 2009-04-07 |
| ©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 |
$2 |
$22 |
| Low Support |
$28 |
$100 |
$260 |
| Medium Support |
$220 |
$730 |
$1,600 |
| High Support |
$660 |
$2,000 |
$4,400 |
| Ultra High |
$1,200 |
$3,700 |
$8,200 |
 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 |
$4 |
$39 |
| Low Support |
$49 |
$180 |
$470 |
| Medium Support |
$400 |
$1,300 |
$2,800 |
| High Support |
$1,200 |
$3,600 |
$7,800 |
| Ultra High |
$2,200 |
$6,500 |
$15,000 |
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.76.032609.026 |
Page 5 of 5 |
Date Posted: 2009-04-07 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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