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A novewl security system using a renewable energy source Self Powered Alarm for Security applications There are currently no reviews for this Innovation.
| A novewl security system using a renewable energy source
Self Powered Alarm for Security applications |
|
A novel security system using a renewable energy source |
 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 |
$2 |
$19 |
2 of 5
Successful Prototypes
|
5 of 5
Granted Patent Claims
|
10 29 is
Average
|
| Low Support |
$20 |
$75 |
$230 |
| Medium Support |
$170 |
$550 |
$1,500 |
| High Support |
$460 |
$1,500 |
$4,100 |
Remaining Time & Cost to First Sale |
| Ultra High |
$870 |
$2,800 |
$7,900 |
6 mos-1 yr
|
$10k-$100k
|
A novewl security system using a renewable energy source
- Self Powered Alarm for Security applications
Final Decision Maker: Security Officers both military and commercial,insurers of shipped products
The self powered security alarm provides asset protection in almost any application. In a wireless environment it allows for surveillance with little or no manual intervention until it is triggered by an event. A unique ID allows each alarm to identify itself in a collection of units that are being protected. In a classified environment (such as a military base) every access door, window, access panel, closet (electrical or telephone)can be alarmed and a unique ID assigned. In reality "Big Brother" can really be watching over you without actually being in the proximity of the protected area..
| $10-20.00 for a | 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.76.032609.045 |
Page 1 of 5 |
Date Posted: 2009-04-08 |
|
| ©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 |
25 |
30% |
Information exchange with members of the cargo shipping community and members of the military operating in secure areas.
|
| Revenue per First Purchase |
$1,000.00 |
30% |
Initial buyers will invest for a "proof of performance" investigation. The real number of sales depends on the application with the device installed on multiple units. |
| % that will Repeat |
25% |
40% |
Conversations with security experts suggests rapid acceptance once it is presented into a secure environment.Facilities(such as hospitals hospitals,warehouses)appear very promising |
| Number of Annual Repeats |
20 |
20% |
Once used in a single secure application, it is estimated that new venues will be found for many other applications of this technology. |
| Revenue per Repeat Purchase |
$1,200.00 |
30% |
Once introduced into the trucking industry, for example, purchases will be encoouraged by insurance companies. Same is true for military security applications |
| Reseller (Trade) Margin |
N/A |
N/A |
|
| Producer Profit (EBITD) |
25% |
30% |
Part of our expansion is to search out new technologies and sources for components in order to purchase in quantity and reduce production/sales costs. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
Patents have been received, prototype demo unit has been built. We need to build a full scale model and find new components |
| Cost to First Sale (remaining) |
$10k-$100k |
40% |
Experience in developing new products and the perceived demand for this product.Market exposure is essential to marketing this product. |
| Time to First Sale (remaining) |
6 mos-1 yr |
50% |
With an investor we can move ahead swiftly since we already have the patents. |
| Confidence in Concept Claims made in description |
50% |
Every test application of the prototype device has shown it to work every time because of its simplicity. |
Proprietary
Protection Status |
5 of 5
Granted Patent Claims
|
Patents have been received and a cpyright received on the product application on a shipping container. |
| 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.76.032609.045 |
Page 2 of 5 |
Date Posted: 2009-04-08 |
| ©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 |
$10,000 |
Current GOAL |
$10,000 |
Inventor(s) Commentary:
The basic proof of concept is complete. We need to expand the product into a more finished device and prepare it for several focused marketplaces including the trucking industry, secure workspaces,schools, warehouses and perhaps military facilities. |
|
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 |
$2 |
$19 |
| Low Support |
$20 |
$75 |
$230 |
| Medium Support |
$170 |
$550 |
$1,500 |
| High Support |
$460 |
$1,500 |
$4,100 |
| Ultra High |
$870 |
$2,800 |
$7,900 |
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 |
$6 |
$51 |
| Low Support |
$74 |
$210 |
$570 |
| Medium Support |
$630 |
$1,500 |
$3,600 |
| High Support |
$1,700 |
$4,200 |
$10,000 |
| Ultra High |
$3,200 |
$8,000 |
$19,000 |
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 |
$3 |
$33 |
| Low Support |
$32 |
$130 |
$430 |
| Medium Support |
$250 |
$920 |
$2,900 |
| High Support |
$720 |
$2,500 |
$7,700 |
| Ultra High |
$1,300 |
$4,700 |
$15,000 |
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 |
$9 |
$91 |
| Low Support |
$120 |
$380 |
$1,100 |
| Medium Support |
$920 |
$2,700 |
$6,900 |
| High Support |
$2,600 |
$7,200 |
$19,000 |
| Ultra High |
$4,900 |
$14,000 |
$37,000 |
|
| Listing #: USA.76.032609.045 |
Page 3 of 5 |
Date Posted: 2009-04-08 |
| ©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 |
2% |
3.7% |
5.8% |
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 |
$0 |
$0 |
$0 |
$1 |
| Low Support |
$1 |
$3 |
$7 |
$10 |
| Medium Support |
$8 |
$23 |
$46 |
$68 |
| High Support |
$22 |
$62 |
$120 |
$190 |
| Ultra High Support |
$43 |
$120 |
$240 |
$350 |
| 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% |
% |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
N/A |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 48311 - Deep Sea, Coastal, and Great Lakes Water Transpor... |
| 48411 - General Freight Trucking, Local |
| 48412 - General Freight Trucking, Long-Distance |
| 54171 - Research and Development in the Physical, Enginee... |
| |
|
| Patent Numbers that apply to this Product/Service |
| 7,122,944 |
| 7,218,215 |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
40 |
| GRANTED Patents |
5 |
| Licensing Deals SIGNED |
2 |
| Innovations that have SHIPPED |
2 |
|
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.76.032609.045 |
Page 4 of 5 |
Date Posted: 2009-04-08 |
| ©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 |
$0 |
$3 |
| Low Support |
$3 |
$12 |
$37 |
| Medium Support |
$27 |
$86 |
$240 |
| High Support |
$73 |
$240 |
$650 |
| Ultra High |
$140 |
$450 |
$1,300 |
 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 |
$0 |
$5 |
| Low Support |
$6 |
$21 |
$65 |
| Medium Support |
$48 |
$150 |
$430 |
| High Support |
$130 |
$420 |
$1,200 |
| Ultra High |
$240 |
$800 |
$2,200 |
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.76.032609.045 |
Page 5 of 5 |
Date Posted: 2009-04-08 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
