The Success of a New Product
Feasibility Analysis
Introduction
Our product is a toilet seat that lifts up with the step of a pedal.
The purpose of our report is to test whether or not our product will
be of success and or test what things are necessary to launch our
business, J.J.L. Industries.
Concept Testing
The ‘Toilet Stepper’ was tested using a survey that was designed to
understand the bathroom experiences and habits of all types of
individuals (Male, female, young, mid-aged, old). When discussing the
concept with the surveyed individuals we found that overall everyone
thought it was a good idea, however, some males felt it was sexist
that they needed to have to pick up the toilet seat and put it down
when finished. These individuals felt that a woman should have to put
down the toilet seat and lift it back up when they are done with it.
(These were generally married couples). While asking some key industry
participants such as Home Depot and Menards about the idea and survey
they tended not to comment, stating it was against company policy
and/or the boss was overlooking them and they would prefer not to take
part in the survey. The most information we received through them was
through the verbal conversation which we will call ‘interviews’.
Through the ‘interviews’ we found that the industry participants felt
that it was a good idea and also found it quite humorous.
Our Concept Statement was mainly showed to relatives, friends,
classmates, and strangers. Unfortunately the our concept statement was
not shown to companies/businesses due to the fact that companies could
neither partake in the activity (company policy/work time) or they
didn’t have time for ‘non-serious’ business related issues.
Overall we learned that just about everyone is picky about
restrooms/toilets. We also learned that it is very hard to get
information from key people when there is no reward or benefit in
return. Being viewed at as a student doing research rather than a
business partner, company managers/employees don’t seem to have or
want to take the time to help you. If we were to do this again we
would most likely hide the fact that we are students taking
introducing an idea and taking a survey and pretend more like we are
actually in the business of selling these ‘Toilet Steppers’.
Usability Testing
We conducted our u...
... middle of paper ...
... toilet stepper is not really high because of all of the
capital that was given to us by Louie’s father and how inexpensive it
is to produce the product. The break-even point in units is 2,280,
which is a low number for the year. This means that we would have to
sell about 44 units per week to get the $45,000 dollars that the three
owners put into the company at the beginning of the year. The rate of
return that we are looking at is about 115% on three owners’
investments. The rate of return is high, but that is also because the
net income is high, since our costs are low. The rate of return could
change, of course, depending on what the plans for the company are in
the future.
Works Cited
Chantanuser, Wichit. “Bowled over: Toto of Japan Elevates Mundane
Bathroom
Fixtures” Bangkok Post 27 May 2005
“The Nearest” PerformanceToilets.com 1 Nov 2005
http://www.performancetoilets.com/index.asp?PageAction=Custom&ID=7
“The Toilet Marketplace” Supple House Times 1 Nov 2005
http://www.supplyht.com/CDA/ArticleInformation/features/BNP_Features_Item/
0,5333,107103,00.html
Stratton, Lee. “Super Toilet Not Only Rises to Occasion But
Refreshes.” The Columbus
wait around until they are told what they have to do. There is a small
To build a ramp or install a chair lift for a person who becomes disabled (to allow him or her to continue living at home).
Cleopatra, born in 69 B.C., was an Egyptian Queen and the last pharaoh of Ancient Egypt. She was from Greek descent and a member of the Ptolemies, who ruled Egypt for nearly 300 years. In just her early twenties, Cleopatra became Queen of Egypt following the death of her father and the defeat of her siblings. Popularly, she is remembered because of her physical beauty, love affairs, and the tragedy of her life. But more importantly she should be celebrated as a commanding female leader who used her intellect to exercise considerable power and influence in a male-dominated world.
to throw. Well the first thing that came to mind was just to fling it up in the
"For Rome, who had never condescended to fear any nation or people, did in her time fear two human beings; one was Hannibal, and the other was a woman" (Lefkowitz and Fant 126). During a time dominated by male rulers, Cleopatra VII Philopator (69 BCE – 31 BCE), the Last Pharaoh of Egypt, stood out among them all. With Egypt’s wealth at her disposal, she was “incomparably richer than anyone else” (Schiff 2). The amount of power a ruler had at the time of Cleopatra’s existence depended highly on the level of financial stability. However, wealth was not all Cleopatra was known for. She exhibited high militant leadership skills equal to that of her male counterparts to keep Egypt a prosperous country.
As previously stated, Cleopatra was born into power. Her father, known as Ptolemy XII or Auletes, was the king of Egypt. After his death in 51 B.C., Cleopatra and her brother, Ptolemy XII,
Catel and Bocquet’s Kiki de Montparnasse explores the transition of Alice Prinn, the title character, from an innocent-minded child to a renowned artist, "Kiki," who believes that there are more opportune and exotic places in the world she should discover, specifically America. As a youthful schoolgirl, Alice’s view of her country was undeveloped and incomplete, and was primarily influenced by her Grandmother and her grandmother’s generation’s perspective. For example, at the Bastille Day fair, Alice was filled with euphoria only because she was going to mingle with all of her friends, wear a beautiful dress, and dance endlessly. Meanwhile, the older generation solemnly expressed their nationalism with formal attire and a holiday celebration for their homeland, France. As Alice Prinn moves from her naïve country life to a more independent lifestyle in Paris, her views on nationalism change. Kiki demonstrates a rejection of nationalism, which was explored by Anderson in his theory of “imagined communities,” through her ambition to become famous.
Cleopatra was born Cleopatra VII Philopator. Her family could be traced back to the Macedonian house of the Lagid Ptolemies, who took the throne after the death of Alexander the Great in 356–323 B.C.E. ( Sally-Ann Ashton, 2008) Cleopatra's father was King Ptolemy XII. Ptolemy XII was heavily dependent upon the Romans and as their ‘friendship’ put an increased strain upon the Egyptian economy. (Lesko, 2017) His rule
What makes a person choose one brand of clothing over another? Is it the price? Or is it the style of the clothing? There are numerous factors that will play a key role in determining who will purchase your products and why they will choose to purchase your product. Kevin Plank, the founder of Under Armour and former captain of the special teams on Maryland University’s football team, would become infuriated at the amount of times he was forced to change his undershirt during games and practices due to how heavy with sweat they would become. He set out to create a shirt that would help keep an athlete cool and dry during intense physical activity. This simple idea would develop into a powerhouse in the sports apparel industry and has broken into the sports equipment industry as well.
Foss follows his discussion on the Ptolemy's dynasty by looking at Cleopatra's upbringing and entry to politics. It considers topics, such as, her early years as a child, her characteristic traits and her accession to the throne. A very specific point that Foss emphasizes is Cleopatra connection with Egyptian culture. She combines a greek thirst for knowledge an...
Introduction: Cleopatra VII Philopator was one of the most influential queens of Egypt. She was born around 69 B.C. in Alexandria, Egypt and died 39 years later, around 30 B.C. Cleo was the third daughter of Ptolemy XII, also known as Auletes, "the Piper" (Nardo 12). In order to become a successful queen, she persevered and grew from her father's mistakes. Cleopatra "learned her political lessons by watching the humiliating efforts of her father to maintain himself on the throne of Egypt by buying the support of powerful romans" ("Cleopatra"). When her father died in 51 B.C., the ministers of her brother, Ptolemy XIII, were afraid that Cleopatra wanted to rule alone and hence, drove her from Egypt in 48 B.C. Cleopatra was determined to be the queen of Egypt and did everything in her power to get the throne.
'One has achieved success who has lived well and laughed often.'; This quote seems to sum up what is meant by success. If you are able to laugh often and much then you have definitely achieved happiness. The idea of living well, though, is a very broad statement. In order, then, to define success in relation to this statement, we must first define what it means to live well. There are three levels of success, in my opinion: societal success, personal success, and academic or professional success. If someone can achieve all of these three levels of success, they are someone who has lived well.
Cleopatra VII was eighteen and Ptolemy was only ten when they were named King and Queen of Egypt in 51 B.C. (History). For the most part Cleopatra did most of the ruling. Ptolemy was very naïve to with his advisors. They would tell him what to do. Finally, three years after Cleopatra had ruled they advised him to take total control of the kingdom. He went with his advisors and Cleopatra was forced in exile. Cleopatra fled to Syria where she began to construct an army for her rev...
Product launch not only helps company increase the sale revenue but also expand their customer base by targeting new segments. A successful launch involves the contribution and collaboration of all departments, from R&D, Logistic, Sale, Marketing and so on.
Success takes many different definitions. People have different interpretations of what success really means. For me is as simple as: living well and laughing often. The idea of living well is a very broad statement. Living well, in my opinion is getting success in personal, social and professional life. If I can achieve all of these three levels of success, I believe that I have lived well.