by simon fuller
DESCRIPTION
By Simon Fuller. Background. People can easily lose or misplace valuable notes written on notepads What they need is a device that can store their notes electronically This way the notes can be kept safe and can easily be found when needed. What is ?. - PowerPoint PPT PresentationTRANSCRIPT
By Simon Fuller
Background• People can easily lose or misplace valuable
notes written on notepads
• What they need is a device that can store their notes electronically
• This way the notes can be kept safe andcan easily be found when needed
What is ?An electronic notepad for businesses/students
Allows the user to write notes on lectures or meetings
Automatically saves the text tointernal memory
Read through all notes previouslywritten
Main FeaturesSmall - A5 size
Intuitive Touch Screen interface
Automatically saves notes
Stores valuable notes on internal memory
Read emails anywhere with built in Wi-Fi
Use device as an external hard disk to backup files via USB
Marketing & SalesTargeting Universities and Businesses in UK
168 Higher Education Institutions in UK
Nearly 2,500,000 students in UK
Financial ForecastsCost of production = £100 per unitBusinesses
Selling units with 25% mark-up on cost (£125)Universities
Yearly support subscription = £10 per unit One off selling price = £80 per unit
Yearly Forecasts based on 5% increase in sales to Businesses and 10% increase in sales to Universities
Year 1 Revenue = £466,000 Expenditure = 440,000 £26,000 profit
Financial Forecasts Year 2
Revenue = £524,160 Expenditure = £474,000 £50,160 profit
Year 3 Revenue = £587,445 Expenditure = £510,900 £76,545 profit
Year 4 Revenue = £656,335 Expenditure = £550,900 £105,435 profit
Year 5 Revenue = £731,485 Expenditure = £594,400 £137,085 profit
Competition is a unique device
Closest competitor uses a Digital Pen and Digital Paper to mark whatever is written
They can either send wirelessly or via a docking station to a PC
Destiny IO2 (£120)128 page IO notebook A5 (£4.99)10 IO pen refills (£9.99)