Post on 05-Jan-2016
Glasses for the new era
Vichwalit Sdn Bhd
Xynapses
What is it?The head gear with a dash of functionality
Enables sight, speech and hearing without surgery ie. External augmentation
Stimulates the brain to improve concentration levels
Treats sleeping disorders and assists people with brain defects
How does it work?
Utilizes sensors and hardware to emulate functions of the eye, eardrums and vocal chords
Integrates a processor which centralizes hardware sensors – and transmits to the brain via miniaturized electrodes
Combination of intelligent sensors to simulate vision, hearing and speech
Features
An exhibition of modularity, stance and ease
Modular design – components are removable, upgradeable and replaceable
Stylish – a variety of designs to choose from, made from various materials ranging from plastic to titanium
failsafe – solar powered with rechargeable backup battery ensures constant uninterrupted operation
5P’s of Marketing
Promotions- Flyers- test-units- advertising
Places- Shopping Malls- pharmacies- medical suppliers- disability centres- special schools
People-The disabled (blind, mute, deaf)- individuals with mental conditions or disorders- individuals with brain damage
Product- Treating anxiety or hypertension- treating insomnia- treating disabilities- improve learning skills
Price- Varies according to needs of The individual
The Five Forces
Substitute products or services- Neuropsychiatric- NeuroLinguistic Programming- Medicine- Surgery- Hypnotherapists
Bargaining Power of Suppliers- Canon sdn. bhd- BSA Manufacturing Sdn. Bhd- Perfect Plastic Sdn. bhd- Malaysia Metal Industry Sdn. Bhd
Industrial Rivalry- Native Remedies- Prosthetics Company
Potential New Entrants- Brain Training Games- Yoga
Bargaining Power of Buyers- People with mental disorders- People suffering from brain damage- Disability institutions
SWOT Analysis
Strengths- Programmable- stylish- Durable- Variable costs- Safe
THREATS- correctional devices- Subjected to reverse engineering- Novice Product
Weaknesses- Not a choice of all- Dependency- Bulky-Not Suitable for all occasions
Opportunities- Tax exemptions- A Potential Market for White collar workers