19A Idea Napkin

My name is Gavin Miles. Being apart of the innovations academy, I am always looking for opportunities to make my life easier. If this business concept evolves and enters the marketplace I see myself living a fruitful life and expanding on this idea and many others I have.

My product is a key fob that will automatically lock your car doors once you leave but will not lock them in the car ever.

This product is geared towards people driving older cars that lack modern day technology that so many of the cars have out of production now. It is a cheap way for users to bring their car to the modern era and reap the benefits as such.

This product will prevent petty theft and also prevent locking your keys in your car.

All products will be hand built and hand programmed unlike many other technologies nowadays, and by using cheap yet efficient products I will be able to sell it for a reasonable price and still make profit.

Comments

  1. Gavin,
    Your product idea is really coming together. You've identified your reasons for producing the product, who you're targeting, and how you're going to do it. I think you should start to get an idea of what the cost is going to be. If your market is mostly towards old cars, which are owned mostly by old people, then cost will be important. Many older people live on a budget, so costs drive their decisions.

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