Electro-magentic weight pad
Electro-magentic weight pad
Q1: What is the cost to outsource R & D and a natiowide marketing team
Idea Description
Basically what we are offering is a 4' x 4' workout mat that is electromagentic. You can increase the resisitance by increasing the magnetic draw. ALso it is easy to store and does not take up as much room as weight sets or exercise equipment such as exercise bikes, stair-climbers, the Bow Flex,etc.
What will you do if you win $10,000 for this idea?
Patent the idea, and present to R & D team to do the actual leg work on costs to produce; in addition we would approach a marketing team to promote the idea to cusotmers interested;through infomercials, As-seen-on-TV distributors, etc, or simply promote ourselves through a website, craigslist, and web prescence marketing (Google Ad-sense, MSN, Yahoo)
Vote for it now.
R&D can sometimes be costly. My advise would be to start researching companies who specialize in the exercise market and who are familar with whats already coming out. I would also heavly advise to be specific with cost and time frame up front.
Some possible companies
http://www.pycfitness.com/fitness_equipment_Research_and_Development.htm
Assuming that your technology is already in place, my next question is are you planning to release this pad yourself or are you thinking of pitching it to several of the self home exercise providers.
If youre thinking of going down this road:
http://bestpad.com/theraexercise.htm
http://www.ballsnbands.com/sissel_exercise_mats.html
http://www.sissel-online.com/models/322_em-l.php
http://www.nefitco.com/index.php
some other links on electromagnetic fitness
http://www.twenga.co.uk/dir-Sports,Fitness,Electromagnetic-bike-13424
http://www.alibaba.com/company/10643213.html