Published at Monday, October 15th 2018. by Lynette Wilson in Blanket.
Heating and cooling blanket that will allow the owner to change the exact temperature. This makes the blanket just as useful in the summer as it is in the winter. I think we all know and hate the feeling of going to bed cold and waking up in the disgusting sweat with this blanket. The owner can simply change the temperature of the blanket instead of the thermostat. The best part about this product is that it aims at a wide range of markets. My target market, however, is the utterly, according to united states census in 2010.
There were forty point - three million people aged 65 and older, and that number has only grown since which makes him the perfect target market. I believe the best channel distribution would be in stores like CVS and Walgreens. I know for a fact that my grandma and her friends love to shop at those two stores from there. But Bethenn on sells a wide variety of electric blankets, and I know what you were thinking. How do I expect to sell these blankets when there's already a market for them? My competitive advantage? Is that sense, the blanket has precise temperature control. The owner has the ability to never be too cold or too hot.
The electric blankets on the market today get too hot too quickly, and then, once the blankets turn off, the owner is cold again. This is why my product is exactly what the world needs sounds. My target market is elderly, I'm not the price of blank, it's much more than their cost to make. I expect to sell these blankets for approximately eighty dollars and the first year out now expects sales and profits to be very high because it is in the introduction phase of the product life cycle. After that, I would expect sales to increase to approximately 200 million dollars and continue to grow from there because I expect the product to enter the growth stage quickly.
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