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Product and Service Innovation - Team Project - Fly High

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Presentation on theme: "Product and Service Innovation - Team Project - Fly High"— Presentation transcript:

1 Product and Service Innovation - Team Project - Fly High
Shopping FLY HIGH Marzena Wilczynski Martyna Maj Ji Hye Hong Min Sang Shin Ji in Eom Product and Service Innovation Team Project Fly High

2 Product and Service Innovation - Team Project - Fly High
Table of Contents Problem analysis People affected Existing solutions Mission & goal Marketing mix Conclusion Product and Service Innovation Team Project Fly High

3 Definition of the problem
carrying bags heavy inconvenient weight of the bag strains the hand possibility of losing bags impressions and pain in the hand difficulties with holding many things Product and Service Innovation Team Project Fly High

4 People affected place groceries / hypermarkets shopping malls
Product and Service Innovation Team Project Fly High

5 People affected target group Women Students Elderly
shop for the family do not own cars are not that strong shop for clothes, cosmetics etc. willing to travel far to discount stores suffer from injuries Product and Service Innovation Team Project Fly High

6 Our goals To give relief by moving weight from hand to the whole arm
To keep bags together to avoid losing them To make shopping convenient and pleasant Product and Service Innovation Team Project Fly High

7 Product and Service Innovation - Team Project - Fly High
Existing solutions Product and Service Innovation Team Project Fly High

8 Product and Service Innovation - Team Project - Fly High
Existing solutions Product and Service Innovation Team Project Fly High

9 Product and Service Innovation - Team Project - Fly High
Our solution Wrist Bag Holder Wrist band with a hanger to avoid hand impressions and pain Press stud or button to keep bags in place Product and Service Innovation Team Project Fly High

10 Product and Service Innovation - Team Project - Fly High
Mission Statement “We want to be an aid for the people and want to support their life by increasing the quality of their shopping experiences - in order to improve their quality of life!” Product and Service Innovation Team Project Fly High

11 Product and Service Innovation - Team Project - Fly High
The Wrist Bag Holder New Innovative Original Multi-Functional Pleasant to use Product and Service Innovation Team Project Fly High

12 Product and Service Innovation - Team Project - Fly High
Sketch Product and Service Innovation Team Project Fly High

13 Product and Service Innovation - Team Project - Fly High
Prototype Product and Service Innovation Team Project Fly High

14 Benefits to customers No pressure point and no impressions on your hands Much lighter, healthier and comfortable carrying experience Can walk longer distance without feeling fatigue or inconvenience Inexpensive, small, light as well as practical and functional Minimizes chances of losing bags Product and Service Innovation Team Project Fly High

15 Types of product Different colors of the hook
Available in two sizes – for men and women Obtainable with loop fastener or buckle instead of hook Product and Service Innovation Team Project Fly High

16 Product and Service Innovation - Team Project - Fly High
Place Distribution channels: Grocery chains & supermarkets Hypermarkets Product and Service Innovation Team Project Fly High

17 European market increase of hostile environment to cars
development of public transportation resrictions of parking spaces within malls high gas prices health reasons Source: The New York Times, June Product and Service Innovation Team Project Fly High

18 Price 4€ More expensive than standard holders because of greater value in usage Cheap production: Requires usage of only two materials: plastic and vinyl Plans for mass production in China Product and Service Innovation Team Project Fly High

19 Promotion In store promotion
Demontration of usage and benefits to customers Word-of-mouth marketing Product and Service Innovation Team Project Fly High

20 Product and Service Innovation - Team Project - Fly High
Conclusion If product becomes a success... Expand to U.S. and Asian markets Other distribution channels: pharmacies, department stores Product and Service Innovation Team Project Fly High

21 Product and Service Innovation - Team Project - Fly High
Questions & Answers Product and Service Innovation Team Project Fly High


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