LIVE Stick™ is the world's first smartphone gadget with a LIVE Mic™ for smartphones. It's a six-in-one pocket-size gadget for content creators.
Tripod, Selfie Stick, Camera stick, Bluetooth remote, microphone and light - all in one.
Current Status
We have sold 1000+ units
Generated revenue of 22K USD
10% month on month growth
Market
We are serving a global market size of more than 900M video content creators like Youtubers, Vloggers, Influencers and Journalists.
Problem or Opportunity
1. Sound recording problem is faced by video content creators due to lack of wireless microphone for smartphone.
2. Lack of all-in-one pocket-size gadget for content creators.
Solution (product or service)
Introducing LIVE STICK™
LIVE Stick is the world's first smartphone gadget with a LIVE Mic™ for smartphones. It's a six-in-one pocket-size gadget for content creators.
Tripod, Selfie Stick, Camera stick, Bluetooth remote, microphone and light - all in one.
Product is already launched in the market
Competitors
Competitors:
Huawei, Xiaomi, Anker, Aukey
Alternative:
Big sized tripods with ring lights (not portable), wired mics etc.
Advantages or differentiators
Our USP distinguishes us from our Competitors that is;
i. LIVE Mic
ii. Six in one pocket size
Finance
Retail price ranges from $19 to $49 for different variations.
Revenue streams;
B2C online sales
Market places
Distribution channels
Business model
We have simple commission-based business on each sale
Money will be spent on
40% of the funds will be spent on inventory & product development
20% on human resource
20% Branding & Marketing
5% Legal
15% Other company expenses