1 / 11

Medical Bottle

Medical Bottle - an invention of students at school<br>https://www.tomorrowsuccess.com/

Galit
Download Presentation

Medical Bottle

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Medical Bottle

  2. Executive Summary The venture is about a bottle that stores water and pills inside The product means a portable bottle that stores pills and water Venture description The main customers are elderly and people with memory problems The purpose of the product is to make it easy for people to get around with pills

  3. Venture Description Our project is based on a medical bottle.The medical bottle has an inner cover and on the outside of it there is a rubber. Inside the rubber there are special covers that put the medical pills into them. While the pills are pressed, they fall into the inner pocket. The other part of the bottle contains water and the cork itself is a small cup. There is a special timer on the bottle that records a relative and when you need to take a pill you hear the recording.

  4. Prototype

  5. Team Members Kenya Bender: hardworking, a great businessman. Ido Ivgi: hardworking and leader Rom: self-confident and smart

  6. The problems you are solving The problems we solve are: People forget to take medicine pills because It is difficult to get around with pills outside

  7. Core Customers and potential market Our main customers are the Private individuals, which are elderly and people with memory health issues. Our future potential market which we are aiming towards to are nursery homes ,hospitals and the medical industry.

  8. Who Are Your Competitors? Our competitors are Pilpilo. Link to website: https://pilpilo.net/ * It is important to note that the bottle from the Peppermint website, we saw after thinking about the idea * Below is the picture: Image for illustration only

  9. Business Model ● There is a growing demand for medicine due to increased population, disease and growing health awareness. ● Plastic bottles are the most popular and oral drugs are the most common. ● We will make revenue by selling bottles to our target customers – old people and people with memory problems. ● We will sell the bottle at pharmacies and supermarkets. We also plan to sell online. ● The target manufacturing cost is around $5 and the price is around $10, so if we reduce the cost of marketing and shipping, we should make a profit of about $3 per bottle. ● In the first year, we will sell only in Israel, and expect to sell approximately 1% of 65 years and over = 12,000 bottles, which means a profit of $36,000.

  10. Funding Demand 1. The amount of money we need is $ 400 for 100 units. 2. Three-quarters of the money goes to materials and manufacturing and a quarter of the money goes to advertising. 3. We can not invest of the venture 15%.

  11. Why you should choose us? We went through a lot of challenges during our project and we seccsided to cope with it. We believe that our venture can help people that suffering from memory problems and also could help the people we care like our grandfather and grandmother.

More Related