WARMIT
WarmIt is a reusable beverage bottle with a heating function by using and converting kinetic energy into thermal energy.
KINETIC ENERGY THERMOS BOTTLE, BABY CARE PRODUCT DESIGN
Integrated, strategic and sustainable product development. School project at Pratt Institute.
WarmIt is a reusable beverage bottle with a heating function by using and converting kinetic energy into thermal energy. With WarmIt, users can easily warm up water and other liquid contents by shaking the bottle whenever necessary without accessing electricity.
TEAM
Angie Higdon, Emine Arikan, Haenah Chun, Ploy Sirin Sungkobol and Zara Yujung Chen
HOW IT WORKS
When user shaking the bottle, copper wire goes up and down, then it generates magnetic field because the copper wire goes through the magnet.
HOW THIS IS FOR
PARENTS WITH NEWBORNS
More sustainably-minded
Educated
with higher disposable income
WHERE WE COMPETE
TRAITS OF THE BABY CARE PRODUCT MARKET
- Stable market with minimum level of innovation
- Higher willingness to pay premium for higher quality products
MARKET TREND
- Rapid movement toward sustainability
- Popularity of premium products with higher price
CHALLENGES
- Inconvenience; difficult to carry
- Lack of access to traditional methods on the go
- Heat maintenance
- Timing and being prepared anytime anywhere
- Wasteful and not enough sustainable alternatives
COMPETITIVE LANDSCAPE
MAIN COMPETITOR: TRAVEL BABY BOTTLE WARMERS
BENCHMARKS
- Baby Bottle warmers
- Travel Baby Bottle Warmers
- Aspirational: Seventh Generation
VALUE PROPOSITION
BRAND STORY
Founded by Jean Johnsonn, who wanted a sustainablt product for her daughter, Leni.
"When I became a mom, I finally became the person I am, that I always should have been, " she says. "It's the most satisfying job in the world. But, it can also be overwhelming and confusing. I created the company to help moms and to give all children a better, safer start."
PRODUCTION
- Preferred partner: Zhejiang Daian Commodity Co, Ltd.
- Approx. $13 per piece
- 2000EA minimum order
- Children’s Product Certification( CPC) Certified
- Responsibly sourced, manufactured, disposed or recycled
package design
POSITIONING
High-quality
Baby care essential
ADVERTISING
INBOUND
Company website
Videos
Testimonials
Retail locations
OUTBOUND
Trade shows
Events
TV commercials
Print ads
Online ads
SOCIAL MEDIA
Promotions
Presence in parent culture
Goodwill campaign
MERCHANDISING
YEAR 1
Partner with established retailers to utilize their in-store/online channels
YEAR 2
Maintain + grow partnerships with retailers. Create own e-commerce and mobile site.
YEAR 3
Continued relationships, company e-commerce site, and new retail relationships. Evaluate sales and KPIs and revise strategy accordingly.
TARGET GROSS SALES AND CATEGORY PENETRATION
YEAR 1
$345,000 for 1% category penetration 11,000 units in 116 stores
YEAR 2
$1,350,000 for 3.5% category penetration 45,000 units in 340 stores
YEAR 3
$1,760,000 for 5% category penetration 55,000 units in 423 stores
EXPENSES & INCOME
The following annual figures are based on projected expenses, revenues, and retailer and category penetration of WarmIt within the baby care product market.
FURTHER CONSIDERATIONS
IN CASE OF SUCCESSFUL CATEGORY PENETRATION
Line expansion in the baby care product market
IN CASE OF LIMITED GROWTH IN THE TARGET MARKET
** Licensing Out as an Exit Strategy
Moving to the market where our core design and technology we be largely appreciated.
Candidates: Outdoor activities market, other beverage market.