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A Portable Translucent Car Audio System:

[Category : - Audio - Video]
[Viewed 2462 times]

A portable audio system includes a housing, battery, wiring harness, speakers, and two or more audio controllers, each including at least one audio functionality different from at least one other. The functionality of the portable audio system may be reconfigured as desired by removing one audio controller and installing a different audio controller. A quick-detach connector on the wiring harness facilitates the swapping of audio controllers, which are preferably automotive audio controllers. The portable audio system includes external power and speaker connectors, with the internal power and speakers being switchably disconnectable. Thus, the portable audio system may also be used as a fixed, or home, audio system.

Financial information

Product Cost Assessment, Pricing & Revenue Projections
Based on our demand estimation; and the cost assessment at MLP stage we attempt to project revenues streams for the proposed product, which are summarized below.

Manufacturing cost of the product=US$6.5 per unit
Conventionally we take three times of the manufacturing cost as selling price; therefore we follow the same approach here also.

Selling price US$19.5=6.5-3

Revenue Projections as per 3 different scenarios (in thousand US$)

Revenues @ price $19.5 Pessimistic=57813.5 Moderate=80938.9 Optimistic=115627

Overall, the product licensing can be recommended on the basis of demand & revenues potential and this product can help in achieving the business objective of inventor as well as manufacturer.

License w/royalties

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