AI Detector is a product consisting of an application and nano chip designed to increase security for valuable goods. The nano chip can be purchased separately and attached to items, changing color to match. This allows users to track lost or stolen goods via the application. While other similar tracking products exist, AI Detector aims to fill the need of customers concerned about theft and lost items through its small, durable nano chips that work worldwide with the smartphone application. Market research shows demand exists among individuals and families concerned with security of possessions.
2. 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 chip
consumer 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.
4. Description Of The Product
to increase the secure feelings on valuable goods
consists 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 property
chip characteristics is it will not damage by fire or water
5. Market Need For Product Or Services
Everyone has their own valuable and priceless property
Some people misplaced their property. Some people lose
their property because of criminal activities
Use AI Detector they can traced their property wherever
their property was and with whom. Even if their property is
damaged or already become an ash
Market demand would be high for this product
6. 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.
7. The Competitive Products Available
Filling This Need and Their Features.
competitive product is StickNFind
This product also consists of application and a
sticker
The application displays the entire device
within range
uses a standard watch battery, so it is easy to
replace the battery
8. The Companies in This Market Space
The company in this market space is
StickNFind technologies
9. 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 company
the smartphone user of this product can easily
buy and download the application from their mobile
market
we deliver our product worldwide
11. 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 them
Situation in the criminal activities has been proof that
everyone need to have AI Detector on each their precious
things
not 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
13. 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.
14. 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.
16. 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
18. 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:
19. 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.