27.03.2021

$35000

MAGBULB: World’s First Magnetic Lightbulb Socket

390

Ukraine

Lviv

In progress

1-3 years

Magbulb - the world's first magnetic adapter to replace light bulbs * Video: https://www.youtube.com/watch?v=Q_Kh7eQsWpI * $ 20,729 raised on kickstarter

Industries

Consumer Goods / Services

Sales / Distribution / Retail

Production

Goals

Investment

Partnership

Project summary

Traditionally, replacing a light bulb required two hands, a ladder and considerable concentration.
The procedure also required a high degree of caution. A significant percentage of medical cases are attributed to an incident with people on the stairs: many are seriously injured and some are fatal. An additional threat is posed by dangerous actions with electricity. There is a high probability of electric shock. A certain accuracy is required to screw in the light bulb. Unfortunately, many people lose this ability due to certain challenges. As a result, a task that is common to some is actually painful or impossible for others, such as people with arthritis, Alzheimer's disease, or other ailments that interfere with motor skills.
We offer solutions . Magbulb - Unique, pershyyvsviti, plastic magnetic adapter for replacement bulbs made of fire-resistant material that consists of two parts: One part is due to the magnet is attached to the lamp, and the second - on a holder. This eliminates the need to screw the lamp into the socket, it is inserted in one simple motion. Compatible with all standard bulbs and sockets E26 \ 27. It is also planned to release versions for sockets E14 and E17.

Value proposition:
1 . Saving time - the most valuable human resource
2 . No risk of injury is a basic human need for safety
3 . Can be used by people with disabilities

Advantages:
1 . Save time and reduce the risk of injury when replacing a light bulb
2 . A new "Plug & Play" trend for lighting design
3 . Quick, easy and safe light bulb replacement with a magnetic connector.
4 . Convenient for people with certain diseases.
5 . Safe method of replacing broken bulbs 6. Compatible with all lamps and sockets E26 / 27.

In addition , Magbulb guarantees safety. Using only one hand to throw a new light bulb up, the action once and for all prevents electric shock. It will take an average of an hour to replace a light bulb in a light garland of 80 lamps. With us you can perform the same task in just 7 minutes (8.5 times faster). It also allows you to use Magbulb for commercial purposes - ideal for parties, weddings and festivals. In addition to convenience, speed and safety, Magbulb is about accessibility and making life easier for everyone.

Project implementation plan:
To date, we have successfully completed a crowdfunding company where we raised $ 20,729 to sell the product, and made the necessary equipment for mass production, received a finished product, at a cost of $ 2, sent test samples to Japan, USA, Korea, etc., negotiating with potential distributors. To develop and reduce costs, we need to re-equip production facilities for an automatic line, we need about 35 thousand dollars , we also see the potential of this product on resources such as Amazon, Ebay, access to the US market. To do this, we need additional certificates and a patent in China.
We already have preliminary agreements with distributors from around the world.

The cost of the project is estimated at - 100 thousand dollars.


* Everything is described in more detail in our Business Plan

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