Reviewing New Product Ideas

Contributor
Roshan Alva
Name

Idea No 1, 2, 3

What is the Idea Product Name: Wireless Charging Product name: Hair
all about Station Straightner Gloves
Description: Introducing new wireless Description: This gloves
charging station on desktop is made up of carbon fibre
keyboards by replacing numbers key. material which has
User can simply keep there smart heating plates between
phones on keyboard while they work. index and
Same thing we can install wireless middle finger. Power off
charging tray on laptops also. and heat control buttons
Innovation combination of keyboard on thumb side
and wireless charging station function This hair straightner
allows you to enjoy using never power gloves has intelligent heat
off control to give you that
phone at your hand when you perfect straight out of the
needed. No more to plug your phone salon look.
into a wall charger or USB port. Operates on battery.
Easy to handle and easy
to carry

Review By 1) Ganesh Gholap

2) Gandhali Vertak

You have to review the Idea against the qusetions mentioned below. You have to provide
Scale of -5 to +5. Then add up the same to denote the total points for the Idea. Please n
Note
Scores relate to Negative Aspects in them. e.g Q.6, Q.11, Q.14

S C A L E

-5 -4 -3 -2 -1 0 1

Sr No Review Questions
IDEA
1 How much Unique is the product IDEA (Unique in terms of satisfaction of a Unique need)
2 How easy it can be to convert the same into a Viable Product
3 How easy is it to Communicate the Product Idea to Customers
1
 4 How easy it shall be to distribute the Product in the Market
5 Can the product have a suitable demand in the Market Place
6 How easy is it for competitors to copy our product from this Idea
7 Can the product provide us a substantial amount of Profitability
8 Is it possible to differentiate the Product effectively in the Market Place
9 Can the product be used to bring in Line Extensions later
10 Is the Development cost on the product expected to be low
11 Do customer preferences or Needs in the Target customer change frequently
12 Can the product provide Market Leadership for the company
13 Can the product provide better value to customers than competing products
14 Does the product have any limitations relevant to acceptibility as per cultural norms
15 Is the overall probability for success of the product high
Total Points

Idea No 1:- I feel instead of providing these charging stations on Personal Computers, w
As Personal computer market is slowly slowly reaching at saturation point.
Comment by Idea No 2:- Product doesn’t seems appealing in terms of use and th
Ganesh Gholap existing hair straighteners. We can not say how much area it will cover during its use and
Considering ease of use of existing irons.
Idea No 3:-This product is quite easy to copy. As
easy to clean as you remove burner and stand and you can clean it directly under running
uneasy to clean this system on the spot.
Comment by
Gandhali V

2
 Product name: Gas Stove (burner with hinge joint)
While cooking we often spill food on gas stove and it gets difficult to clean
the stoves because of design.
So keeping those things in mind we can add hinge joint to the burners so
that we can lift that burner and clean that
space easily.

ioned below. You have to provide points against each question from a
total points for the Idea. Please note that for some of the questions High
Q.11, Q.14

2 3 4 5

s BY Ganesh Gholap BY Gandhali Vertak

NO.1 NO.2 NO.3 NO.1 NO.2 NO.3
AVE
atisfaction of a Unique need) 4 3 -2 5 2 1
ct 5 4 5 3 2 0 Product Nam
5 Wireless
ers 4 5 5 4 2
Charging Sta
3
 Product Nam
Wireless
Charging Sta
5 5 2 4 3 4
e 2 4 0 3 3 -3
this Idea 4 4 5 5 5 5
26.5
ility 5 2 -1 3 0 0
arket Place 1 4 -4 2 -3 -5
3 3 0 -2 0 -2
-3 -3 5 -5 -5 3
mer change frequently 2 5 5 2 5 1
y 3 2 0 1 3 -5
mpeting products 4 -4 1 4 4 -1
tibility as per cultural norms -4 4 4 0 0 4
2 1 -1 1 0 -4
36 9 -4 17 3 0

ations on Personal Computers, we can add this feature on laptops only.

at saturation point.
s appealing in terms of use and the service it will provide, compare to the
rea it will cover during its use and how effective heat it can generate.

product is quite easy to copy. As per my thought current system is quite

can clean it directly under running water. It may become a little but

4
 AVERAGE REVIEW POINTS
Product Name: Product Product name:
Wireless name: Hair Gas Stove (burner
Charging Station Straightner with hinge joint)
Gloves 5
 Product Name: Product Product name:
Wireless name: Hair Gas Stove (burner
Charging Station Straightner with hinge joint)
Gloves

26.5 6 -2

6
Reviewing New Product Ideas

Contributor
Ganesh Gholap
Name

Idea No 4,5,6

What is the Idea Portable Hard Drive with
all about storage indicator- We use
portable hard drives for storage
purposes. Whether it is of official
use or any kind of personal use.
While using we don’t keep track
of the memory as you need to
connect it and then check the
storage availability all the
time.Our newly designed hard
drives comes with the external
digital indicator.
This external digital indicator
makes your work not only simple
but it saves your time of turning
on the laptops or PCs.
Edible Water bubble-
We thought this might be
the best and one of its
kind alternative for the
plastic. Our generation
next product is water
bubbles that you can it
without creating any
waste. Simply made with
fibre extracted from
Vegitables or sea alge,
to create carrying
material for water. Fill
them with water and
enjoy. This alternative
helps you to reduce
plastic waste as well as it
will improve your
digestive system as well.

Review By 1) Roshan Alva

2) Gandhali Vertak

You have to review the Idea against the qusetions mentioned below. You have to provide
from a Scale of -5 to +5. Then add up the same to denote the total points for the Idea. Pl
Note
questions High Scores relate to Negative Aspects in them. e.g Q.6, Q.11, Q.14

S C A L E

-5 -4 -3 -2 -1 0 1

Sr No Review Questions
IDEA
1 How much Unique is the product IDEA (Unique in terms of satisfaction of a Unique need)
2 How easy it can be to convert the same into a Viable Product
3 How easy is it to Communicate the Product Idea to Customers

7
 4 How easy it shall be to distribute the Product in the Market
5 Can the product have a suitable demand in the Market Place
6 How easy is it for competitors to copy our product from this Idea
7 Can the product provide us a substantial amount of Profitability
8 Is it possible to differentiate the Product effectively in the Market Place
9 Can the product be used to bring in Line Extensions later
10 Is the Development cost on the product expected to be low
11 Do customer preferences or Needs in the Target customer change frequently
12 Can the product provide Market Leadership for the company
13 Can the product provide better value to customers than competing products
14 Does the product have any limitations relevant to acceptibility as per cultural norms
15 Is the overall probability for success of the product high
Total Points

Idea no 5: This product will be overpriced and you can get reusable platic bottles. Imprac
Require high technology of packaging. Will be less hygenic and can't carry as much wate
Comment by Idea no 6: This product will be less successful because currently Bhar
Roshan A introducing this product service company may face lot of challenges. For a time being this
run. This service will give less profit margin because it is cost effective.
Idea no 5: This product will be overpriced. Require high technology of packaging. Will be
Comment by much water as a reusable bottle.
Gandhali V

8
 Service extension by network provider (Airtel)
This new service will enhance the customer experience. It will not only
provide satisfaction but customer will get delighted.
To launch exclusively for postpaid customers.
This service will monitor the customer’s timely bill payments or
advance payments and will offer them points accordingly. This system
will keep track of each and customer and this activity. Payment dues
will results into bad reviews to the customer by this system. Generated
points can be converted into rewards, free subscriptions.

mentioned below. You have to provide points against each question

o denote the total points for the Idea. Please note that for some of the
in them. e.g Q.6, Q.11, Q.14

2 3 4 5

ns BY Roshan Alva BY Gandhali Vertak

NO.4 NO.5 NO.6 NO.4 NO.5 NO.6
AVER
ms of satisfaction of a Unique need) 4 -1 1 4 4 4
Product 4 1 1 3 2 4 Portable Har
stomers 4 1 1 4 4 4 Drive with
storage
9 indicator-
 Portable Har
Drive with
arket 4 -5 2 3 4 5 storage
indicator-
t Place 4 -3 2 3 5 4
from this Idea 5 3 -3 4 5 4
37
ofitability 3 -4 2 3 4 5
he Market Place 4 -3 2 3 5 4
ter 3 -5 1 4 5 4
e low 2 -2 -3 4 4 4
ustomer change frequently -1 -4 2 4 4 4
mpany 4 -5 2 3 4 5
n competing products 4 -4 3 3 5 4
acceptibility as per cultural norms -3 -3 2 0 5 0
h 3 -5 1 3 4 5
42 -38 17 32 36 44

can get reusable platic bottles. Impractical to carry this product.

hygenic and can't carry as much water as a reusable bottle.
ess successful because currently Bharti Airtel is in bad situation by
e lot of challenges. For a time being this may be good but not for long
se it is cost effective.
e high technology of packaging. Will be less hygenic and can't carry as

10
 AVERAGE REVIEW POINTS
Portable Hard Edible Water Service
Drive with bubble- extension by
storage network
indicator- provider (Airtel) 11
Portable Hard Edible Water Service
Drive with bubble- extension by
storage network
indicator- provider (Airtel)

37 -1 30.5

12
Reviewing New Product Ideas

Contributor
Gandhali Vertak
Name

Idea No 7

What is the Idea Running of cars on CO2:

all about conversion of co2 . If CO2 is
separated it can be used as
flammable .which reduce the
pollution and even fuel will not
be wasted
cars emit co2. We can
develop the technology
where CO2 is compressed
and reused as fuel for cars

Review By 1) Roshan Alva

2) Ganesh Gholap

You have to review the Idea against the qusetions mentioned below. You have to provide
each question from a Scale of -5 to +5. Then add up the same to denote the total points
Note
Please note that for some of the questions High Scores relate to Negative Aspects in the
Q.11, Q.14

S C A L E

-5 -4 -3 -2 -1 0 1

Sr No Review Questions
IDEA
1 How much Unique is the product IDEA (Unique in terms of satisfaction of a Unique need)
2 How easy it can be to convert the same into a Viable Product
3 How easy is it to Communicate the Product Idea to Customers

13
 4 How easy it shall be to distribute the Product in the Market
5 Can the product have a suitable demand in the Market Place
6 How easy is it for competitors to copy our product from this Idea
7 Can the product provide us a substantial amount of Profitability
8 Is it possible to differentiate the Product effectively in the Market Place
9 Can the product be used to bring in Line Extensions later
10 Is the Development cost on the product expected to be low
11 Do customer preferences or Needs in the Target customer change frequently
12 Can the product provide Market Leadership for the company
13 Can the product provide better value to customers than competing products
14 Does the product have any limitations relevant to acceptibility as per cultural norms
15 Is the overall probability for success of the product high
Total Points

Idea No 6 :- Use of emitted CO2 as fuel seems to be a gr8 Idea but the development cost is ver
Any Comments requires huge amount of electricity to convert the CO2 in fuel format. The fuel cells are extensive
use. And again how and where we are going to collect the emitted CO2.

14
 mentioned below. You have to provide points against
up the same to denote the total points for the Idea.
cores relate to Negative Aspects in them. e.g Q.6,

2 3

ns BY Roshan Alva BY Ganesh Gholap

NO.6 NO.6 AVERAGE
ms of satisfaction of a Unique need) -2 5 REVIEW POINTS
Product -5 -5
stomers -2 2 Running of cars on
CO2:
15
 Running of cars on
arket -5 1 CO2:
t Place 0 4
from this Idea 0 -4
-7
ofitability -4 2
he Market Place 1 4
ter 0 2
e low -5 -5
ustomer change frequently -2 2
mpany -1 1
n competing products 0 5
acceptibility as per cultural norms -2 0
h -5 0
-24 10

a gr8 Idea but the development cost is very high. As It

in fuel format. The fuel cells are extensively unstable for
the emitted CO2.

16
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