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Luggage with GPS Tracker
Deependra
Ojha
Manisa K.C
Sadikchya
Acharya
Rekha
Shrestha
INNOVATION
 Innovation is creating something entirely new by
adding the value.
Background
 There are lots of incident where luggage is
misplaced, exchanged or lost during travelling. (esp.
airport)
 Nepal is a country with large number of people
working abroad ( 1500-2000 approx.)
 These people are mainly from low class or middle
class.
 There is also high number of Nepali student studying
in foreign country.
Background
 Luggage contains their
hard work for many
years and it is valuable
for them.
 Loss or misplacement of
their luggage can occur
New Business Idea
 Our idea is inspired by the quote “Prevention Is
Better Than Cure”
 Our product is to address this issue.
 With the GPS Tracking system that can be
monitored by simple smartphone, it will help them
to find their lost luggage.
 It also consists in build beeping system
 Simple and efficient way to track bag
 Cost is not a problem
 For e.g. 142 passenger bags were lost in airport
Technical aspect
 Technically its not too
difficult.
 We have to fit GPS
tracking device inside the
bag.
 GPS tracking can be
purshased from ebay
whose cost starts from
11.95$.
 It ranges from 1000-
2000 Nrs
Why Innovative Idea?
 It holds the emotional
aspect of the
consumer as
 It helps user to travel
without any stress
 It provides greater
security
 It targets the middle
and low level income
group
Potential market
 It is tough to find the luggage in the crowd and
searching for it takes a long time.
 Since no of people working and studying
abroad is rapidly increasing its market will rise
as soon as it gets attention.
 People traveling for business purpose will also
be attracted.
 Carrying special documents will be safer from
now.
Target Group
 To those who are going to golf countries with
working visa.(1500)approx.
 All the travelers inside or outside the country.
 All the students, parents, Teachers who are carrying
special document or a valuable item.
 For e.g. carrying a jeweler or a academics documents
in a bus, question paper for the universities e.t.c
Competitors
 There is no direct competition from Nepali
company for the gps tracking.
 Main competitors are foreign laugage companies
such as Samsonite, American tourister and
Apple is trying to enter the market.
 Smart luggage companies
 Key companies
Strength Weakness
 Innovate and
addresses growing
issue among travelers
 Secure the documents
and other valuable
items
 Provide safety of the
luggage.
 It is little expensive
than other luggage Keys
 It may face resistance
at first.
 Difficult to use by
layman at first
 Technical errors might
occur sometimes
SWOT Analysis
Oppurtunity Threat
 growing market and
lack of competitors
 Growing needs of of
consumers.
 It’s a necessity for now
rather than wish list
product.
 Safety of goods
 Threat can be from
those foreign company
which are well
established with good
brand name
 Key companies and
other substitutes.
 .
SWOT Analysis
Thank You!

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Innovation presentation

  • 1. Luggage with GPS Tracker Deependra Ojha Manisa K.C Sadikchya Acharya Rekha Shrestha
  • 2. INNOVATION  Innovation is creating something entirely new by adding the value.
  • 3. Background  There are lots of incident where luggage is misplaced, exchanged or lost during travelling. (esp. airport)  Nepal is a country with large number of people working abroad ( 1500-2000 approx.)  These people are mainly from low class or middle class.  There is also high number of Nepali student studying in foreign country.
  • 4. Background  Luggage contains their hard work for many years and it is valuable for them.  Loss or misplacement of their luggage can occur
  • 5. New Business Idea  Our idea is inspired by the quote “Prevention Is Better Than Cure”
  • 6.  Our product is to address this issue.  With the GPS Tracking system that can be monitored by simple smartphone, it will help them to find their lost luggage.  It also consists in build beeping system  Simple and efficient way to track bag  Cost is not a problem  For e.g. 142 passenger bags were lost in airport
  • 7. Technical aspect  Technically its not too difficult.  We have to fit GPS tracking device inside the bag.  GPS tracking can be purshased from ebay whose cost starts from 11.95$.  It ranges from 1000- 2000 Nrs
  • 8. Why Innovative Idea?  It holds the emotional aspect of the consumer as  It helps user to travel without any stress  It provides greater security  It targets the middle and low level income group
  • 9. Potential market  It is tough to find the luggage in the crowd and searching for it takes a long time.  Since no of people working and studying abroad is rapidly increasing its market will rise as soon as it gets attention.  People traveling for business purpose will also be attracted.  Carrying special documents will be safer from now.
  • 10. Target Group  To those who are going to golf countries with working visa.(1500)approx.  All the travelers inside or outside the country.  All the students, parents, Teachers who are carrying special document or a valuable item.  For e.g. carrying a jeweler or a academics documents in a bus, question paper for the universities e.t.c
  • 11. Competitors  There is no direct competition from Nepali company for the gps tracking.  Main competitors are foreign laugage companies such as Samsonite, American tourister and Apple is trying to enter the market.  Smart luggage companies  Key companies
  • 12. Strength Weakness  Innovate and addresses growing issue among travelers  Secure the documents and other valuable items  Provide safety of the luggage.  It is little expensive than other luggage Keys  It may face resistance at first.  Difficult to use by layman at first  Technical errors might occur sometimes SWOT Analysis
  • 13. Oppurtunity Threat  growing market and lack of competitors  Growing needs of of consumers.  It’s a necessity for now rather than wish list product.  Safety of goods  Threat can be from those foreign company which are well established with good brand name  Key companies and other substitutes.  . SWOT Analysis