Business Ideas

Business Ideas - Approx cost per yard produced = $30 4...

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1. Idea/Product Portable, solar powered cell phone charger Target Market Very useful to people on the go, such as traveling businessmen, charge their cell phones when they may not have access to an outlet for extended periods of time. Revenue Model Licensed to cell phone companies at $40 per unit Startup Cost Workforce, facilities, resources = Approx. $400,000 Research and Development = $25-35/unit 2. Idea/Product Self-lit cigarettes Target Market Similar to a product known as “Deca” in the UK. A phosphor based end would be lit by the removal of a chemical strip. Would remove the need for smokers to worry about carrying lighters and matches. Revenue Model Sold per unit = About $6 per pack Startup Cost Workforce, facilities, resources = Approx. $400,000 3. Idea/Product Electronic price shelves for supermarkets Target Market Very useful to supermarkets. Would allow price changes to be instantly made from a central computer such as sales. Revenue Model Price per unit = About $60 per yard of shelving
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Startup Cost Workforce, facilities, resources = Approx. $500,000
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Unformatted text preview: Approx. cost per yard produced = $30 4. Idea/Product Water and Flavor Powder Vending Machine Target Market Targets the new market of people more focused on healthier drinks such as vitamin water. Instead of being able to only offer 8 or 10 different drinks, the machine dispenses a normal bottle of water and a flavor packet to mix in which allows for hundreds of flavors to be stored. Revenue Model Price per unit = About $1.50 per bottle and packet combo Startup Cost Workforce, facilities, resources, delivery trucks, vending machines = Approx. $500,000 5. Idea/Product Video Game Subscription similar to NetFlix but automatically sends out the newest games to subscribers monthly. Target Market Teenagers who play a large amount of video games and must always have the latest. Revenue Model Subscription = $50/month. (Possibly offer different membership levels) Startup Cost Workforce, facilities, resources = Approx. $200,000...
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Business Ideas - Approx cost per yard produced = $30 4...

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