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Smart Shower: Innovation for Water Conservation

   

Added on  2022-11-28

11 Pages784 Words188 Views
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entrepreneurship and
innovation
Smart Shower: Innovation for Water Conservation_1

Description of product
Smart shower enabled with Wi-Fi is a unique item that
will permit the users to save water, optimal
temperature, and tracking the usage.
Aqua tech has flow controlling, and temperature
controlling. The shower is embedded with audible
alarm, wireless connections, Bluetooth connectivity,
message and the music player.
Showerhead Diameter: 6.1862 inches
Box Dimensions: 12½ inches x 3.2 inches x 6.4 inches
Mass Weight: 0¾lbs
Smart Shower: Innovation for Water Conservation_2

Description of market
The market has been segmented on the basis of
social class, income level, lifestyle, personality,
values, and opinions.
The demand of the product has been determined
through demographic and psychographic
segmentation.Demographic
20 years to 69 years
Single, married, and Married with children
People with a certain Income level of $26,000 every
year
Their residences belong to Home owners and
renters
Psychographic
Social Class including Managerial, semi-skilled
workers, administrative skilled manual workers, and
professional.
The Lifestyle of target market will include aspirer,
Smart Shower: Innovation for Water Conservation_3

Business model
Implementation
team
Regional team
Installation team
Manufacturing
Storage handlers
Suppliers of
spare parts
Manufacturing
Assembling
Distribution
Customer
Feedback
Intangible assets
Technological
knowledge
Technical
capitalisation
Fixtures
Current
showerhead
Controlled
mood swings
Social elite
presentation
Communication
skills
Business
promotion
Customer
feedback
Availability of
cancellation of
services
Demograp
hic and
psychogra
phic
segmentati
onHardware
support
Producer
Dealers
Retailers
Wholesale
rSelling cost
Cost for home depot, Lowe's,
Rona and shelf space
shower heads is between
$7.87 to $437.22.
Wholesale businesses
commissions
manufacturing sales
Smart Shower: Innovation for Water Conservation_4

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