New Product Application

USER INFORMATION
First Name*
Last Name*
Email
PRODUCT
Product Description: What is your idea?*
What are the competitive advantages of this product that make it better than what we’re currently doing or what a competitor is currently doing?*
What internal problem will this product solve for CharTec/Relyenz?*
What external problem will this product solve for our market (what pain does the potential customer face that this addresses?)*
TARGET MARKET/COMPETITION
What is the target market? How many potential customers exist for this product?*
Is there anyone else selling a competitive product? Similar product? How do these competitors differentiate themselves?*
FINANCIAL VIABILITY
Will this reduce CharTec’s cost or increase CharTec’s revenue? Both? How?*
What are costs associated with this product?*
How many sales do you anticipate in the first year? How much revenue do you anticipate in the first year (Ballpark a price that you believe makes sense, knowing that our standard mark-up is Cost+35%)?*
LOGISTIC VIABILITY
Who needs to be involved in this project to bring it to fruition? (Please include internal and external resources, as well as contact information for external resources).*
How much time will be involved in the project?*
What are the barriers to entry to bringing this product to fruition? What are internal stumbling blocks you expect to encounter? What stumbling blocks will we encounter in the marketplace?*
Does this product introduce any inherent threats/liabilities to the company (i.e. theft of IP, cannibalization of a current product)?*
What is a realistic launch date based on these factors?*
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New Product Application

USER INFORMATION

PRODUCT

TARGET MARKET/COMPETITION

FINANCIAL VIABILITY

LOGISTIC VIABILITY