Howdy Partners,
I work in an industry where there's a potentially untapped market for a specialty camera.
Essentially a camera must be able to transmit data, and have a reliable source of power in order to function. Most of the times you're able to run wiring to the cameras. Delivering power and receiving and transmitting data.
Unfortunately not only is distance an issue but power generation an issue as well. In addition to that, these cameras will have to be periodically moved from location to location. Meaning portability is an issue.
I know how to fix all of these problems due to my personal knowledge. Essentially, there are three basic "needs", or product pieces, for my idea. Each need is addressed already by an individual product already on the market, sometimes used independently, sometimes used interdependent with the others, but never really used for the specialty application in this untapped market.
There are products on the market already for each of these three basic needs.
I've contacted a camera distributor I had dealings with in the past. They say the have cameras that meet my specific hardware requirements.
At this point I've simply got to create a basic functional prototype to see if I can get the camera to function in this special environment (which the distributor confirmed it should be capable of doing), and then see if the camera can function properly for my customers other unique needs. Among all the other little details involved. This I can achieve with time and a little money (money I can get, time is appreciably more difficult to come by).
Once I have a working prototype I then run into the problem of the command of control. I don't like going through distributors for my products if I don't have to. Once I've proven the concept of design, should I be contacting the individual manufactures (bypassing the middleman distributors), in order to reduce my supply chain? Maybe the manufacturers would be willing to alter one of their designs to meet a more specific industry capable camera?
What's interesting here is that I'm really not creating new products, just bringing multiple different products used in various other markets together, tweaking them, adding some industry specific configurations, and then rebranding them for an untapped market. I can't see myself buying known name brand names equipment, programming them for my customers specific needs, sticking them in a box, and calling it my own. Shouldn't these various products have my logo? My brand?
I got most of the skills, the market is untapped. What do you all think?
I work in an industry where there's a potentially untapped market for a specialty camera.
Essentially a camera must be able to transmit data, and have a reliable source of power in order to function. Most of the times you're able to run wiring to the cameras. Delivering power and receiving and transmitting data.
Unfortunately not only is distance an issue but power generation an issue as well. In addition to that, these cameras will have to be periodically moved from location to location. Meaning portability is an issue.
I know how to fix all of these problems due to my personal knowledge. Essentially, there are three basic "needs", or product pieces, for my idea. Each need is addressed already by an individual product already on the market, sometimes used independently, sometimes used interdependent with the others, but never really used for the specialty application in this untapped market.
There are products on the market already for each of these three basic needs.
I've contacted a camera distributor I had dealings with in the past. They say the have cameras that meet my specific hardware requirements.
At this point I've simply got to create a basic functional prototype to see if I can get the camera to function in this special environment (which the distributor confirmed it should be capable of doing), and then see if the camera can function properly for my customers other unique needs. Among all the other little details involved. This I can achieve with time and a little money (money I can get, time is appreciably more difficult to come by).
Once I have a working prototype I then run into the problem of the command of control. I don't like going through distributors for my products if I don't have to. Once I've proven the concept of design, should I be contacting the individual manufactures (bypassing the middleman distributors), in order to reduce my supply chain? Maybe the manufacturers would be willing to alter one of their designs to meet a more specific industry capable camera?
What's interesting here is that I'm really not creating new products, just bringing multiple different products used in various other markets together, tweaking them, adding some industry specific configurations, and then rebranding them for an untapped market. I can't see myself buying known name brand names equipment, programming them for my customers specific needs, sticking them in a box, and calling it my own. Shouldn't these various products have my logo? My brand?
I got most of the skills, the market is untapped. What do you all think?
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