autonomous lawn mower new venture

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OPPORTUNITY ANALYSIS PROJECT By MTiPO: Desiree Fabunan Yee Han Kuan Svyatoslav Mishchenko Patrick Lin Ngai Lung Wenhan Zhou

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Autonomous Lawn Mower - New Venture. A lawn mower that cuts grass without a human pushing it.

TRANSCRIPT

Page 1: Autonomous Lawn Mower   New Venture

OPPORTUNITY ANALYSIS PROJECTBy MTiPO:Desiree FabunanYee Han KuanSvyatoslav MishchenkoPatrick Lin Ngai LungWenhan Zhou

Page 2: Autonomous Lawn Mower   New Venture

THE MARKET Target market: Professional landscape, lawn care

and tree care services industry

“We are always interested in technology that would make our operations cheaper and more efficient.” - Stonebrae Country Club Green Superintendent

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•Secondary Sources

Page 3: Autonomous Lawn Mower   New Venture

THE TECHNOLOGY A Method for Localizing Vehicles in Outdoor

Environments

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Page 4: Autonomous Lawn Mower   New Venture

OUR PRODUCT: THE AUTOLAWNER

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Page 5: Autonomous Lawn Mower   New Venture

ResidentialResidentialRobomower

CommercialCommercialNon-Automated

IndirectIndirectArtificial Grass

Low coverage area (Max 400 m2)

Complicated setup

• 6 Established players with 10% to 22% of market

• Low differentiation and high price competition.

Very expensive ($12-$15 per square foot)

Other forms of maintenance required

COMPETITIVE LANDSCAPE

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Page 6: Autonomous Lawn Mower   New Venture

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Competition Us

Strength

Economies of scale Large distribution

network Existing customer

base

Proven superior technology

Weakness

Autonomous technology is not core competence

Risk-averse

No brand name

COMPETITIVE ANALYSIS

Page 7: Autonomous Lawn Mower   New Venture

OUR MARKETING

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Competitor’s Product Auto Lawner

Features

Commercial users seek to maximize

productivity by minimizing operator

fatigue and discomfort

Our product alleviates concern about

operators, since product operates autonomously

Cost Operator Costs

Operating budget cut by 1/3

Initial investment recouped in 13 months

Page 8: Autonomous Lawn Mower   New Venture

TOTAL CUSTOMER COSTS

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Break even after only 13 months!

Page 9: Autonomous Lawn Mower   New Venture

PRICE BREAKDOWN

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Total: $21,475

Page 10: Autonomous Lawn Mower   New Venture

SALES STRATEGY

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Short-term Target customers directly

Longer-term Partner with competing manufacturers

Exit Strategy Acquired by lawnmower manufacturer

Page 11: Autonomous Lawn Mower   New Venture

POTENTIAL RISKS

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Page 12: Autonomous Lawn Mower   New Venture

CONCLUSIONAn automated lawnmower using our technology

offers our customers large cost savings and convenience in their lawn mowing needs.

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We will mow down the competition. ™