Entrepreneurship presention for new products
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Transcript of Entrepreneurship presention for new products
TOPIC: AI DETECTOR
PREPARED BY: NOR FAHADA ISMAIL
NOR SYAFINAH MD SEMAN SITI KASTURI BT ISMAIL
BACKGROUND
AI Detector is a product that is designed to increase the secure feelings on valuable goods.AI Detector consists of application and the Nano chipconsumer can buy the application from web.can traced their property wherever their property was and with whom.consist of two item, the application and the chip.use narrow- scope strategy that offers a small product range to a small number of customers groups to satisfy a particular need.
SECTION 1
Description Of The Product
to increase the secure feelings on valuable goodsconsists of application and the nano chip
the nano chip consumer can buy from our virtual shop or branches or they can order the nano chip from our website
Nano chips-using high nanotechnology-very small-inspired by chameleon-colour of the chip will changed to the colour
of the propertychip characteristics is it will not damage by fire or water
Market Need For Product Or Services
Everyone has their own valuable and priceless propertySome people misplaced their property. Some people lose their property because of criminal activitiesUse AI Detector they can traced their property wherever their property was and with whom. Even if their property is damaged or already become an ashMarket demand would be high for this product
The specific aspects of the product or services
The specific aspects of AI Detector are the ability to detect the lost property, the sustainability of the product and efficiency and effectiveness of the product.
The Competitive Products Available Filling This Need and Their Features.
competitive product is StickNFindThis product also consists of application and a stickerThe application displays the entire device within rangeuses a standard watch battery, so it is easy to replace the battery
The Companies in This Market Space
The company in this market space is StickNFind technologies
The Unique Selling Proposition of This Product Or Services.
consist of two item, the application and the chip, we are making cooperation and register the application under Samsung, Sony Ericsson, Nokia, Blackberry and Apple companythe smartphone user of this product can easily buy and download the application from their mobile marketwe deliver our product worldwide
SECTION 2
The market needs filled and social condition underlining this market need.
AI Detector filled the need that customers want and also make sure the precious things still with themSituation in the criminal activities has been proof that everyone need to have AI Detector on each their precious thingsnot only for rich persons but also perfect to students and middle citizens will help them by sticking the chip on their good and they can control and update their goods
Market research data available to describe this market need.
The size, trends, and characteristics of the domestics and/or international market
We are target to domestic and international market use narrow- scope strategy that offers a small product
range to a small number of customers groups to satisfy a particular need
focus more on adult because usually people will own more valuable good. It is no matter woman or man
We will focus more on that person that has an opportunity buyer to buy this product.
A trend often provides one of the greatest opportunities for starting a new venture such as social, economic and web trend.
The Growth Rate Market
We assume on the first introduction of our product will be at the slow rate. It needs to work hard on to introduce the product into the market because not much of this type of
product in the market yet. After our product get well known it will highly demanded
because the need of security. At this stage a marketing department needs to struggle to promote this application.
Even AI Detector has well known at maturity stage, we still need to focus forward. An imitation would be happen.
SECTION 3
What that excite us is: Based on our observations, we see that there is a problem among clients for
storage of valuable and criminal activities.It’s fit to our experience and background : our own experience and others in case of loss of valuables feel very depressed with this lose of valuable goods situation The skill that we have is can deliver complete product information to our
customers, skill in build trust with customers We will use the Internet as a medium of communication, face to face, or directly to
the home The skills that we need is researchers, statistician, engineer and programmers So, hire engineers and programmers from Mandrake States For researchers, we will use the services of Standards and Industrial Research
Institute of Malaysia or SIRIM Berhad For the statisticians, we will appoint experts from Unit Application and Database
Development
SECTION 4
Idea stage Concept Stage Product development
stage
Testing Market
We need to follow this stage to ensure our AI Detector will have high leading in a domestic market and international
market:
Conclusion
AI Detector is the effort of our team to introduce something new to the market. The idea concept of product is based on the expectation of people and fulfills what consumers are required. From that kind of application it can give benefits to our target customers. We ensure that our customers will not think twice and become loyal to our product. The satisfaction is
our responsibility to make sure you have a peaceful life. We as a entrepreneurs, we ensure that AI Detector can be accepted by the
customers. SKF NANO TECHO BERHAD will become well known and AI Detector will be the best product for using along with their valuable goods.
THANK YOU FOR YOUR
ATTENTION