2013 BPC Elevator Pitch Winner

University of Dayton
4 Nov 201300:51

Summary

TLDRThe Hot Seat is a heated, portable cushion stadium seat that solves the problem of cold, uncomfortable bleachers. With both a heated base and back support, it stands out from other seats on the market, which either lack heating or back support. It even includes a USB port to charge devices. Targeting the large market of outdoor stadiums, the creator aims to sell 2,000 units within three years, generating $120,000 in sales. A $19K investment is needed for development, manufacturing, and marketing, with a promised 3X return by year three. Don't let cold ruin your experience—get the Hot Seat!

Takeaways

  • ❄️ It's a cold night at a football game, and the bleachers are making the user's seat uncomfortable.
  • 🪑 The solution is the Hot Seat, a cushion stadium seat with a heated base and backrest.
  • 🔥 Many cushion stadium seats exist, but they are either not heated or don't have back support.
  • 🎯 The Hot Seat combines both heating and back support for comfort and convenience.
  • 🔌 The Hot Seat includes a USB port to charge mobile devices while using the seat.
  • 🏟️ According to worldstadiums.com, there are over 73 million outdoor stadium seats in America, representing a large market.
  • 🤝 The creator plans to leverage NFL connections, amateur booster clubs, and the internet to sell 2,000 units by year three.
  • 💰 The projected revenue from 2,000 units is $120,000 in sales by year three.
  • 💸 The creator is seeking $19,000 for product development, manufacturing, and marketing.
  • 📈 Investors are promised a 3X return by the third year, with the catchy slogan 'Don't let frost bite your buns.'

Q & A

  • What problem does the Hot Seat solve?

    -The Hot Seat addresses the discomfort of cold bleachers at outdoor events by providing a heated cushion with back support, making it more comfortable to sit for extended periods.

  • How is the Hot Seat different from other stadium cushions?

    -The Hot Seat is unique because it combines both a heated cushion and back support, unlike other cushions that either offer heating without back support or back support without heating.

  • What additional feature does the Hot Seat offer besides heating and support?

    -The Hot Seat also includes a USB port, allowing users to charge their mobile devices while using the seat.

  • How many outdoor stadium seats are available in the U.S. according to the script?

    -According to the script, there are over 73 million outdoor stadium seats in America.

  • What is the sales target for the Hot Seat by year three?

    -The sales target for the Hot Seat by year three is to sell 2,000 units.

  • What is the expected revenue from selling 2,000 units of the Hot Seat?

    -The expected revenue from selling 2,000 units is $120,000 by year three.

  • How does the creator of the Hot Seat plan to market the product?

    -The creator plans to use the internet, personal NFL connections, and amateur booster club organizations to market the Hot Seat.

  • How much funding is needed for the development, manufacturing, and marketing of the Hot Seat?

    -The creator is seeking $19,000 for the development, manufacturing, and marketing of the Hot Seat.

  • What return can investors expect from investing in the Hot Seat?

    -Investors can expect a 3X return on their investment by year three.

  • What is the catchy slogan mentioned at the end of the script?

    -The slogan is: 'Don't let frost bite your buns. Get the Hot Seat.'

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Ähnliche Tags
heated seatstadium comfortportable cushionfootball gamesoutdoor seatingUSB chargingwinter sportscold weatherfan comfortsports accessories
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