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By Vivien Tsuong The Holiday Scissor © © Vivien Tsuong 2006
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Abstract The Holiday Scissor is a scissor-tape-and ribbon shredder in one tool that serves to be useful, practical, and convenient. © Vivien Tsuong 2006
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Claims Multifunctional Cuts Tapes Curls Shreds Practical All features are necessarily designed for useful purposes The Holiday Scissor is….. © Vivien Tsuong 2006
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Useful Great for craft hobbyists Scrapbook making, gift wrapping, kids craft, school projects, etc. Convenient Three essential tools right by your side No hassle of trying to find scissor and tape The Holiday Scissor is….. Claims © Vivien Tsuong 2006
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Materials Materials: Scissors Pop-up Tape Ribbon Shredder © Vivien Tsuong 2006
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Holiday Scissors © Vivien Tsuong 2006
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Functions The Holiday Scissor works just like a regular scissor. Simply cut and snip! To use the tape function simply turn towards the handle of the scissor and pull a strip of the tape out. Another small strip of tape will “pop out,” ready for the next use When tape runs out, simply take cartridge out and replace with refills. To use the ribbon shredder slide in a strand of ribbon between the handles of the scissor Grip handles together tightly and pull the ribbon across and the ribbon will also curl as it shreds.
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Demonstration © Vivien Tsuong 2006
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Demonstration © Vivien Tsuong 2006
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Antecedents “Dispensers with Optimal Support or Attachment Means” ( Pop-Up Tape Dispensers) 5,794,815 (August 18,1998) By Casey Carlson and Daniel E. Siltberg 5,964,375 (October 12, 1999) By Casey Carlson and Daniel E. Siltberg “Sheet Stack” (Pop-Up Tape) 5,607,737 (May 4, 1997) By Elmer Blackwell, John J. Emmel, and Harry A. Loder © Vivien Tsuong 2006
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Antecedents “Method of Making Adhesive Tape Strip & Tape Flag Pads with Center Tabbed Leader Strip” 6,238,510 (May 29, 2001) By Joseph P. Callahan Jr. and Bruce E. Samuelson “Ribbon Curling Tool” 5,564,145 (October 15, 1996) By Fredric Goldstein “Ribbon Shredder” D 331,530 (December 8, 1992) By Mark J. Metzner © Vivien Tsuong 2006
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Material Costs Scissors: $1.99 Pop-Up Tape Dispenser: $0.50 Pop-Up Tape Strips (Refill): $0.50 Ribbon Shredder: $1.25 Total Material Cost: $4.24 © Vivien Tsuong 2006
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Starting Costs Estimated production of 25,000 scissors Material Cost: $4.24 X 25,000 = $106,000 Production Cost: Cooperation with companies like 3M and Group One Limited $3,000 Advertising: $2,500 Total Expense: $111,500 © Vivien Tsuong 2006
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Target Market Distribution Centers: Michaels’ Arts & Craft Store, Joann, Staples, Office Depot, Kmart, Target, Wal-Mart Advertising: Retail Store ads TV commercials Demographics: U.S. Population: 296,410,404 (2005) U.S. Census BureauU.S. Census Bureau Estimated 86% of Population (12 yrs & over) U.S. Census BureauU.S. Census Bureau Mostly female in general 86.7% of population. U.S. Census Bureau U.S. Census Bureau © Vivien Tsuong 2006
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Projected Profits Starting Price: $9.00 a pair $9.00 X 25,000 units: $225,000 (Sales) $225,000 (Sales) - $111,500 (Expense) = Grand Total Net Profit: $113,500 © Vivien Tsuong 2006
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Break-Even Example: Production of 10 pairs of scissors cost approximately $42.40 ($4.24 x 10) Break-even is at about 3.8 pairs of scissors sold at retail ($42.40 / $11.00 = 3.8) Therefore… Need to sell 13,000 pairs of Holiday Scissors to break- even. 13,000 X $9 = $117,000 (Expense is 111,500) © Vivien Tsuong 2006
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Summary Holiday Scissors is a 3-tasks-in-one tool. Saves time and hassle of finding separate tape The integration of scissor and tape makes scissors easy to carry around Tape is already pre-cut and easily refillable Perfect for gift wrapping occasion as well as arts and craft Holiday Scissors make great gifts since they are convenient and useful…. So don’t wait! Get yours today! © Vivien Tsuong 2006
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