Professional Documents
Culture Documents
PINEDA CHARIE JOY GROUP 3 Chapter 1 5 - Product Development Proposal 1
PINEDA CHARIE JOY GROUP 3 Chapter 1 5 - Product Development Proposal 1
SecureTech
A Product Innovation Charter Proposal Presented to
The Faculty of College of Business and Accountancy
BSBA – Major in Marketing Management National University of Manila
Presented by:
Bangayan, Nichole M.
Dulay, Engelbert C.
Gagarino, Hazel Marie A.
Nunag, Ronan Cedrick E.
Pineda, Charie Joy L.
MAR225
______________________________________
Presented to:
April 2023
1
CHAPTER 1: The Company Background
One of the most well-known names in the locking sector
as well as one of the longest-running multinational
brands in existence is Yale. The development of Yale and
the locking sector as a whole may be attributed primarily
to important inventions that have shaped Yale's legacy. As
Linus Yale Sr., developed his initial lock innovation, Yale
began in a modest lock shop in the United States. The Yale
identity is based on heritage, trust, and knowledge,
producing long-lasting, excellent
products. In 1847, Linus Yale Sr.,
the company's founding father, created the renowned
pin tumbler mechanism, which is now widely employed
in the security sector and gave rise to the brand name
Yale, a worldwide innovator in security. In 1850, Linus
Yale Jr. followed his father in
business. He improved and
patented his father's pin tumbler
cylinder lock and rose to the
status of the era's leading locking authority. With the
release of Yale Jr.'s Monitor Bank Lock in 1862, bank
locks transitioned from key locks to dial or combination
locks. Additionally, Yale Jr. had experimented on a lock
that was centered on a mechanism used for the first time
by the ancient Egyptians almost 4,000 years ago. Yale's most significant
invention, the Yale cylinder lock, was eventually successful, earning him
patents in 1861 and 1865. Linus Yale Jr.'s several ground-breaking ideas
completely changed the security lock industry. Using Yale Jr.'s patents, his
father's well-known credibility, and their own natural aptitude, Yale Jr. and his
partner Henry Towne established the Yale & Towne corporation in
Stanford, Connecticut, in 1868. Over 12,000 people were employed by the
company when it first began to grow internationally in the early 20th century.
Yale locks have gained international recognition over the 20th century because
of decisions, mergers, and partnerships with companies like Guli, Chubb Locks,
Parkes, and C E Marshall. The worldwide top lock group, the ASSA ABLOY
Group, acquired Yale in August 2000.
2
CHAPTER 2: The Company Logo
Yale’s Logo
The word Yale was written in a bold black font with all capital letters on a yellow
background. It was derived from the surname of Linus Yale Jr., who invented the
cylinder lock in 1848 and the pin tumbler lock in 1868.
3
CHAPTER 2.1: Brand Name and Logo
The word secure comes from the Latin words se- (without) and cure (care), as
explained by Andreas (2022), and the word sicuro or securo originates from the
same word in Italian. It can be used as a noun that means safety or theft protection.
Furthermore, it can be used as an uncountable noun which means a sense of
security and freedom from worry. Moreover, it can be used as an adjective that
means free from danger or risk and fear or doubt, easy in mind.
The Greek words "techne" and "logos" are the source of the word technology
(Technology, n.d.). Techne means art, skill, craft, or the way, manner, or means
by which a thing is gained, while Logos means word, the utterance by which
inward thought is expressed a saying, or an expression. It can be used as an
adjective to describe the equipment used or the results of the use of high
technology or extremely advanced technology. Moreover, it can be used as a noun
to refer to scientific technology involving the creation or application of
sophisticated devices, particularly in the fields of electronics and computers.
These combined words are presented to express the real strength of the product
and to the targeted market as well as in terms of security by ensuring everyone's
bike is safe, secured, and protected from theft.
4
Elements of the Brand Logo
COLOR
Lastly, the gray which is a neutral color that represents compromise and control
and is associated with luxury, simplicity, depth, and sophistication. It is as solid
as a rock, making it extremely stable, dependable, and calming. Moreover,
relating to blue has a relaxing and soothing presence and can be beneficial in
difficult life situations (Olesen, 2022).
FONT STYLE
lines and rounded corners to represent a powerful high technology profile. Jaturat
SemiBold is utilized to draw the audience's attention while also providing them
with the readability and flexibility to observe the brand logo.
SYMBOL
shape of a key is also high tech to represent the advancement in security and
technology. The simplicity of the symbol promotes authority and security, which
can also help people to remember the brand's logo.
5
Brand Tagline
The slogan of the company is also related to its reputation and quality. An
efficient product supported by advanced technology encourages persistent
customer loyalty, boosting leads and establishes a benchmark for customer
satisfaction.
Our brand logo is debossed on the right front bottom part of the metal to guarantee
that the logo will be visible, permanent, and always keep its shape. Debossing
logo is to create indentations into metal by scraping down the front metal with
the brand name "SecureTech". This debossed logo is perfect for consumer who
wants durability of the logo and finished product look elegant and sophisticated.
Accessories
7
Deadbolts
8
2. Yale Assure Lock 2 Key Free Keypad with
Bluetooth and Norwood Lever – A lock with ab
advanced security features like biometric
verification, two factor authentication and lost phone
features, all supported by first-rate customer service,
allowing you to relax knowing your house is secure.
The only difference here is that the lever here is
Norwood unlike the other one, it is Ridgefield.
Handle Set
9
Keypad Locks
10
Knobs
Levers
11
3. Valdosta with Round Rosette – The
Valdosta with Round Rosette Lever is a type
of door handle set that includes a lever
handle and a round decorative plate that
covers the lock mechanism on the door.
Smart Locks
12
Product for Innovation
13
Yale Assure Lock Touchscreen Technical Specifications
Power: Solar panels – It can help in energy efficiency and reduce the need for
battery replacements.
14
CHAPTER 4: The Customer and Market
The SecureTech demographic
segmentation will be based on the
variables such as age, gender, income,
and education attainment that will
interest the satisfaction of our target
market.
15
The SecureTech psychographic
segmentation will be divided into the
following factors: values, lifestyle, and
their characteristics.
16
CHAPTER 5: The Focus
17
case of any unauthorized attempt to access the lock or tamper with the bike. (3)
The new e-lock has a remote-control feature that will allow the owner to lock or
unlock the bike from a distance using their phone or other device. (4) New e-lock
has automatic re-locking to prevent accidental unlocking.
1. Biometric Identification
This biometric identification feature adds an extra layer of security to the E-Lock
by allowing the owner to use their fingerprint or facial recognition to unlock the
bike. Using this biometric identification provides an added layer of security that
is very difficult to bypass. It is virtually impossible for someone else to unlock
the bike without the authorized user's fingerprint. This means that only the owner
will be able to unlock the bike, making it virtually impossible for anyone else to
steal it. Biometric identification also eliminates the need to carry a physical key,
making it a convenient and user-friendly option.
18
It can help prevent theft or damage to the bike by providing an early warning to
the owner. This means that the owner can take immediate action to stop the theft
or vandalism before it is too late. and it provides peace of mind to the owner.
With this system in place, the owner can feel confident that their bike is always
being monitored and that they will be alerted if anything suspicious happens.
3. Remote Control
This will provide added convenience and ease of use, especially in situations
where the owner is carrying groceries or other items.Also In case of an emergency
involving the bicycle owner, this feature will also allow the owner's relatives to
view the owner's location.
4. Automatic Re-locking
19
Parts of the Product
20
Blueprint of the Product
21
REFERENCES
About Yale - Our Mission and History: Yale. Welcome to Yale - Trusted every
day. (n.d.). Retrieved April 25, 2023, from
https://www.yalehome.com/us/en/about-us
Andreas. (2022, December 6). Origin and etymology of word secure - U speak
Greek. U Speak Greek.
https://uspeakgreek.com/every-day-language/origin-and-etymology-of-
word-secure/
Debczak M. (2023, March) These Revised Guidelines Redefine Birth Years and
Classifications for Millennials, Gen Z, and Gen Alpha:
https://www.mentalfloss.com/article/609811/age-ranges-millennials-and-
generationz#:~:text=Gen%20X%3A%20Born%201965%2D1980,(11%2D
26%20years%20old)
History of Yale: Yale. English. (n.d.). Retrieved April 25, 2023, from
https://www.yaledws.co.uk/uk/en/about-us/history-of-yale
Jadhav, S. (2022, July 20). Understanding the Benefits of Biometric Lock. Arpel
Security Systems.
https://www.arpel.com/2016/03/01/understanding-the-benefits-of-
biometric-locks-for-properties-in-the-greater-vancouver-
area/#:~:text=These%20systems%20offer%20superior%20protection,again
%20to%20unlock%20the%20lock.
22
Technology. (n.d.).
https://web.engr.oregonstate.edu/~funkk/Technology/technology.html
What different colors mean and how to use them. Digital Synopsis. (2019, August
27). https://digitalsynopsis.com/design/color-psychology-meanings-usage/
Wong, H. (2020, June 23). Lock maker Yale rebrands for "warmth" and a digital
future. Design Week. Retrieved April 25, 2023, from
https://www.designweek.co.uk/issues/22-28-june-2020/lock-maker-yale-
rebrands-for-warmth-and-a-digital-future/
Yale Home. (n.d.). Yale Assure Lock Touchscreen with Wi-Fi and Bluetooth.
https://shopyalehome.com/products/yale-assure-lock-touchscreen-with-wi-
fi-and-bluetooth?variant=39341913079940/
23