Team 1 Proudly Presents The Bath Cloud.

Slides:



Advertisements
Similar presentations
UNIT C THE BUSINESS OF FASHION 3.03 Identify the types of fashion retailers.
Advertisements

Laptop Wrist Relievers Team: CPP Yeah You Know Me Jennifer Orrison Natalie Kitchel Steve Ephraim Danilo Diaz Mason Prophet.
Fashion Marketing Basics
UNIT C The Business of Fashion
Sports & Entertainment Marketing Pricing. Welcome to: The Price is Right!
He-Sheets Business Plan Taylor Dale ( ) Morgan Clark ( ) Dylan Frank Fraser White ( ) Bronson Maschmeyer ( )
Hello and Welcome to Unit 3 Chapters 6, 7 & 8 Unit 3 Objectives Explain the concept of elasticity. Discuss why the measurements of elasticity are important.
Science Fair Project Display Boards. Key Information For every science fair project, you need to prepare a display board to communicate your work to others.
Bed Making Abed el Fattah M. Yahia.
By Vivien Tsuong The Holiday Scissor © © Vivien Tsuong 2006.
How to use – Healthy Linen Body & Wash towels Exfoliating the process of assisting to remove old dead skin cells from the surface of ones body. In this.
2013 Rosenbauer Engines. Pierce EnginesRosenbauer Engines.
Team CADAK Andrea Fletes Amika Hebert Christy Nguyen Kelly Yee Derek Yip HAMPER ound.
Wrapping Anodes Back To Basics. If you’ve been using a cotton jacket material, you’ll want to use the cotton sleeving. If you’ve been using a polyester.
Section 21.2 Distribution Planning
Highlighter Advance Team A.C.I.D. Arron Halopoff Chris Rockwell Ivonet Gomez Duc Nguyen.
© The Shlee © 2006 By Antoinette Kathol. © Abstract The Shlee © is a synthetic rubber wedge attachment to a snowboard that will act as a slowing device.
Click it ‘n’ Stick it! Jasmine Klintong EWS 425 H Dr. Lin the revolutionary tool 
Lavagem Advancers Kathryn Cox An “Jimmy” He Eileen Roxas Rosa Segura Stephen Yan.
Marketing Vocabulary. Market Advertise or promote an item or service.
Econ Examples Plus Multimedia Welcome to this multimedia example. To navigate through this example you will need to click the appropriate green arrows.
THE ENGINE THAT RUNS THE ECONOMY
Introduction to Marketing. Marketing: the 5Ps The on-going process of planning and executing the: (1) the product (2) the pricing (3) the promotion (4)
Market Structures The nature and degree of competition between firms operating in the same industry.
Marketing and Distribution
10-3 Pricing Factors DO NOW: When purchasing an item how do you determine whether the asking price is a good value?
Marketing and Distribution
Situation Analysis Team Assignment.
ENTREPRENEURSHIP I Ind – Develop a foundational knowledge of pricing to understand its role in marketing. (Part I)
Ind – Acquire the foundational knowledge of channel management
Pricing Math Chapter 27.
4I. By the time you finish this unit you should be able to: Identify the activities that make up marketing.
The Product Development Process BMI3C. Why? Product development starts with an idea that is based on solving a problem for the consumer. To solve this.
Sports Unlimited Reaching the World of customers Green Team Spring 2010.
MGT-519 STRATEGIC MARKETING AAMER SIDDIQI 1. LECTURE 22 2.
Marketing. What is Marketing? In your own words, describe what marketing is.
Neutrogena By--Group 2.
Chapter 10 Pricing: Understanding and Capturing Customer Value.
Fashion Marketing-Pricing. Price Value to Price Ratio: the relationship between the perceived quality and the expected satisfaction with the garment and.
Chapter 12: The Resident’s unit
ENTREPRENEURSHIP I Ind – Develop a foundational knowledge of pricing to understand its role in marketing. (Part I)
Chapter 1.2 & 1.3 Review. Economic Utility Assembling parts to build an engine is adding value through (Not directly related to marketing) Form utility.
+ Supply and Demand Why are some goods produced and not others?
11-1 Yes, But What Does It Cost? Price is the value that customers give up or exchange to obtain a desired product Payment may be in the form of money,
Marketing THE ACTIVITY, SET OF INSTRUCTIONS, AND PROCESS FOR CREATING, COMMUNICATING, DELIVERING, AND EXCHANGING OFFERINGS THAT HAVE VALUE FOR CUSTOMERS,
PriceCheck.com Need for compare prices No other website offers the same service.
Perfect Competition.
SITUATION ANALYSIS Team Assignment. Situation Analysis  The Situation analysis will help your company understand the current market conditions and how.
Economics Unit Three: Supply. Supply Supply refers to the willingness and ability of producers to to offer goods and services for sale – Anyone who provides.
Demand for Tours Market Segments among Group Travellers.
Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 8.
UNIT C The Business of Fashion 3.01 Explain the concept of marketing in fashion.
Chapter 21 Channels of Distribution1 Distribution Planning Marketing Essentials April 10, 2015.
ChapterDemand 8 8 Guiding Questions  Section 1: Understanding Demand  How does the law of demand affect the quantity demanded? The law of demand states.
Marketing CTE Introduction.
Marketing Foundations What is Marketing? What is the goal of Marketing?
Safety Treads Prevent slipping in a shower or tub with these easy-to- apply Safety Treads. Mat is important to prevent slipping in wet places. Toileting.
Implement expense-control strategies
Garrett Mehling, Brenda Renderos & Shelbi Hood
Business Plan Writing Instructions
Travels with Children Shannon Morneault.
Chapter Seven Customer-Driven Marketing Strategy:
Wedge Pillow There are a number of sleep-related disorders that call for raising the upper part of the body. One way to do this is by using a wedge pillow.
Kimberly Gonzalez United Engineering & Technology Magnet
Implement expense-control strategies
Chapter 2 Marketing Plan. Chapter 2 Marketing Plan.
Cost-Volume-Profit Analysis
Fashion Marketing-Pricing
Chapter 30 Product Planning.
Presentation transcript:

Team 1 Proudly Presents The Bath Cloud

From the original minds of Renee Ryborz Andrea Schuette Jimmy Lane Khaled Abualrejal

Abstract The ultimate relaxation device used to lay oneself gently and comfortably at the base of the tub that is as soft and comfortable as a cloud. Covered in the finest of bath materials that will assist in securing that perfect position accompanied by small suction devices to adhere to the tub edges. Compact enough to place at the back of the tub so to allow showers to continue without the hassle of storing the precious cloud outside of the tub. Renee

Claims We clam: 1- A bath tub or spa cushion that offers full body support. a. a foldable cushion with a head and neck pillow and lower back support. b. folding in the middle, with complimentary indentations in the lower half to accommodate the upper half higher points c. when folded two Velcro tabs will keep the apparatus folded.. d. the head and neck cushion can be moved for greater comfort. Renee

2- The apparatus in claim 1, uses suction cups to attach to the inner lining of the bathtub to keep the cushion from moving. Renee

3- The apparatus in claim 1, is made of a polyester material called poly-fiber that does not retain water after its use. 4- The apparatus in claim 1, has several holes that allow for water drainage Renee

Materials and Functions This invention pertains to apparatus for offering full body support while in the bathtub or spa. The invention is a soft cushion that that contours the body by offering head and neck support along with lower back support. Renee

The material the invention is made out of allows for water to be drained out of it after use. Suction cups attached to the bottom of the apparatus keep the apparatus in place while in use. Velcro tabs on the side of the apparatus keep it folded so it can be left in the bathtub at all times while not being in the way. Renee

Background There are products such as a bath pillow are available through numerous companies, including Target and Wal-Mart. jimmy

Similar Patents Currently there are five patents for bath tub pillows. All the patents so far are only for a neck support. U.S. Patent numbers for such pillows are; *D279,344, *D298,716, *5,014,373, *5,140,713, *D492,874. jimmy

Rough Drawing Sketch Renee

Technical Diagrams **Prof. Lin, Due to technical difficulties, the diagrams are included on a word document for viewing instead of the power point. Sorry for the inconvenience. Team 1 Khaled

Invention Summary The Bath Cloud is a form of a bath mat manipulated into a small cushiony lounge chair that fits at the back of a standard full shower. Renee

The mat can also be used in an individual shower as a chair or can also be used in a spa. It is a compact device to avoid the need of storage and can be left in the tub at all times for future use. Renee

The device is lined in all-cotton terry cloth to keep one from slipping and has small suctions to adhere to the sides of the tub to hold device in desired position. Renee

The Cloud has a contoured surface to snug the body’s natural curves and an adjustable pillow for neck and head support so it will fill like an oversized pillow. Renee

The Cloud is stuffed with a fluffy poly-fiber filling that avoids inflating and deflating the device so the mat is always ready for use. The thickness of the mat is 3” to allow easy folding and transporting for travel purposes.

Anticipated Costs of Manufacturing Relation: 6 Items Similar within the Manufacturing Realm Target Bath Pillow * Inflatable Bath Cushion 6L x 13W x 3D ~5 times smaller 18L x 18W ~3 times smaller $9.99 x 5 = $49.95 $10.00 x 3 = $30.00 Bath Pillow (high-density foam) * Multi-Use Bathing Cushion 11L x 10W x 5 ½ D ~3 times smaller ~ 3 times smaller $14.99 x 3 = $44.97 $15.95 x 3 = $47.85 Griptex Bath & Spa Pillow * Ensolite Premier Pool Float 11W x 7H ~ 6 times smaller 72L x 27W x 1.5D ~1/3 bigger $9.99 x 6 = $59.94 $69.99 x .3 = $21.00 Andrea Schuette $69.99 - $21.00 = $48.95

Direct Manufacturing Cost Manufacturing cont. Sum = $281.70 / 6 = $46.95 Take Sum and Divide by 10 $46.95 / 10 = $4.70 / Bath Cloud (Produce 500,000 / Year) x $4.70 / unit = $2,350,000 Direct Manufacturing Cost White, James E., www.willitsell.com, 2002 Andrea Schuette

Marketing Costs Website Yellow Pages Advantages: Cost = FREE Purpose: * Advertise Product * Sell Product Online * Provide Information Decision: Use Graphic and Desktop Design Knowledge to Prepare a Website by our Inventive Team Cost = FREE Andrea Schuette Yellow Pages Advantages: Ad lasts one full year Cost = average $15,000 / year

Market Base National: United States Target Demographic: Ages 15 + (both sexes) = 79.3% of population * Katherine Herrup Survey Middle to Upper Class ~ 95% of Population Current U.S. Pop. = 293,027,571 Target Pop. = 293,027,571 x 79.3% = 232,370,863 Andrea Schuette

Client Base Website Consumers 4,800 Stores Andrea Schuette 575 Stores

Projected Profits Minimum: Projected Yearly Sale to Break Even Maximum: Sell all Products Shelf Price = $46.95 Andrea Schuette

Best Case = Sell All Total in Sales = Amount Produced x Shelf Price Subtract Costs: Manufacturing: $2,350,000 Yellow Pages: $15,000 Shipping/ Warehouse Costs: (500,000 x 2.00) = $1,000,000 Subcontractor-Manufacturer’s Price: $500,000 Packaging Costs: (500,000 x 1.00) = $500,000 Patent Pricing: Application: $249 Gov. Filing Fee: $80 Client Percentage (40%) = 19,109,671 x 40% = $7,643,868 x 2 Client = $15,287,736 Total Net Profit = $3,821,935 Andrea Schuette

Resources Herrup, Katherine, “Do high school students prefer to take baths or Showers”, http://www.bbn-school.org, 2000. White, James E., www.willitsell.com, 2002. “ patent pricing”, http://www.legalzoom.com. “population”, http://en.wikipedia.org, 2005. “population”, http://www.cia.gov, 2005. “Wal Mart”, http://www.hoovers.com “Bed Bath and Beyond”, http://www.bedbathandbeyon.com http://www.intheswim.com http://shop.safetydepot.com http://www.nationaldirectmedia.com http://www.mypartnership.com

Enjoy your Bath Cloud