Current market trends in the fitness wearables industry and Fitbit should reform their strategy. There is a need to increase the battery life of wearables.
4. Implantable Fitness
Technology
Tracks data using radio frequency technology
Surgically implanted in skin
Wall Street Journal: 30,000 – 50,000 current
users worldwide
Potential negative health effects
6. Fitbit Strategy
“We have a window of opportunity as
the leader of the industry and the
ability to provide users with 24-hour
data without implanting health-
risking technology.“
7. Fitbit Iconic
Launched October 2017
Price: $299.95
Features:
Personal Coaching
Water Resistant
Tracks Sleep
Pandora Music Stations
Multi-day battery
9. “The Conversation” Fitbit Study
Sample: 200 Females
89% of participants wear their Fitbit constantly and only take it
off to charge
77% would even go back home to fetch their Fitbit if they had
left without it
43% teel their activities are wasted without their Fitbit
22% felt less motivated to exercise without their Fitbit
https://theconversation.com/how-we-discovered-the-dark-side-of-wearable-fitness-trackers-43363
10. Conclusion
Increase battery life of devices to last 7 days
Ability to track exercise without wearable device
Be there for consumers 24 hours a day
Advance coaching applications and tracking abilities
Conduct additional market research
Continue to dominate the Fitness Wearable Industry
11. Thank you!
With your enthusiasm and support, we CAN and WILL be there
for consumers without invading their bodies!
Editor's Notes
Healthy Metrics Research, Inc. until 2007
32M installing in employees
69% of Americans are genuinely worried (Pew Study)
Nueralink-