BotW: ODD TODD's

This Blog is about the innovative idea of Doron Myersdorf: StoreDot's One-Minute Phone Charger

A picture of the Product

The article is basically only a summary of what the Product is, meaning how its funded, what the price will be, the technical stuff and so on.
The article states that the product should go into mass production by 2017.

Now this article gives a great example for an innovative idea of one person, who with this will create a whole new section in the technology market, and also add to already existing products.

1) It gives you an example if a Financing method. This product is financed by only funding meaning investors investing into the product, with which the innovator has raised over 66 million dollars.

2) It shows an example of how a market can grow bigger. With this product the industry of batteries will grow bigger, and the market will grow more competetive. This we, as BizsMan students can thereofre use diifferent models to help see the future of the product, and also see the risks for other businesses.

3) It also shows that only one small idea, can lead to a number of products and imrove already existing products

4) we could also analyse how the increase of price for already existing products could effect the customer base/ approach to the customers.