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New Product IdeaBusiness Plan

ty for portable communication equipment is what inspired the creation of our new and innovative product. We will shortly introduce, to the mobile communication market, a watch that combines the technology and uses of a Digital PCS cellular phone and wireless PC appliances. Through this product users will be able to use a small watch with a small screen to talk on the phone, check e-mail, and obtain stock quote information. This product will have a backlighted screen that can be switched on and off, and will have an ear-piece that can be plugged into the side for cases where a conversation needs to be kept quiet and/or private. The number pad will be on a “pop out” slide piece that can be pressed in and out as necessary. A small stylus, or pointed wand will also be spring loaded into the side so as to allow easy pushing of the small number buttons. It will be approximately 1 inches long so as to ensure that it can be held onto.We will offer two models. One will be the model described above, and we will sell it for a price of $250. The second model will be slightly thicker and will include a small keypad with letters to enable user to send e-mails, as well as receive them. This model will be slightly more expensive at a retail ticket price of $350. There are cell phones that offer this type of technology, but they are larger, and less convenient. Both watch models will be small enough to fit on the wrist, and will vibrate as opposed to ringing when a call comes in as well as when there is a new e-mail, or a rise or fall in the price of a particular stock. Both models will also include a paging function where when the phone is off, it will give the caller the option to place a page.We will package it in an organizer case with an included Franklin planner style organizer in case the customer chooses to write down various information that they need from their e-mails, caller id screen, or their stock prices. Many i...

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