We provide global retailers with innovative products that they would not otherwise find. Retailers need new products to preserve margins and consumers want new and improved items. Our company has an innovation platform and access to an exclusive database of 40,000 patents to provide a perpetual stream of new products for retailers through scalable innovation.
13. Endorsement “AbsolutelyNew is truly a next generation consumer products company. In addition to having a fresh approach, they’ve identified a big opportunity, assembled an outstanding team, and shown tremendous potential. I am proud to be associated with such a dynamic and industry-leading company.” Myra Hart Staples Co-Founder Office Depot and Kraft Board Member Professor of Harvard Business School (ret.) 7
14. Strategic Asset Exclusive Info 40,000 Patents From Conversations 5 Years to Develop 8 Invention Database
Consumers Want New & Improved – Conditioned by $ billions invested.Product Life Cycles Shortening – Trained by technology categories Retailer Margins Shrinking – Consumer are more educated (from Internet) and less willing to pay brand premium. More focused on features and functionality.Retailers Need New Products – to maintain margins.
Inventors:Lack knowledge, skills, money, time, connections.Strong belief, but risk averse.Single product.Retailers:Higher Margins.Reliable delivery.Product lines.Next-Gen CP Company?Leverage relationships (inventors and retailers) .Outsource ideas Outsource manufacturingLots of small bets; invest in natural winners.Scalable Innovation Platform:Can make any product efficiently.