New Car Alarm Market Research Essay Example | Topics and Well Written Essays - 3000 words

New Car Alarm Market Research - Essay display caseIt is evidently clear from the discussion that the main weakness of the process is the unfamiliarity of the product within the marketplace which will, later on, be tasking in the globalization process and the competition. Various openings and threats have been found in the travel market find outk and the advantages that the company has over its competition by virtue of its location and production line. The research results are intended to outline how well Luminescent Alarms would be received by the general world (car owners). The research is also aimed at finding out if there is a demand for its proposed product and to see if its potential customers would buy the new product with regard to its practicality. Car crime has been an ostensible global chore for decades, in practically of all timey country in the world. As reports show that more than 2700 cars are describe stolen in Europe on a daily basis and 50% of them are hardl y ever retrieved. Luminescent Alarmsis the Worlds first silent and visual car alarm. A unique British patent that uses cutting-edge optical tools. It responds to a signal provided by a standard mobile scream SIM and makes an illuminated flashing message Stolen appear visibly on a numberplate when required, this feature, however, is humble to manipulation by the car owner. Luminescent Alarms was created by David Richardson andDr. Ashley Knowles to develop and exploit the idea of an anti-theft technology for identifying stolen cars.The ideology is to raise the profile of a stolen vehicle thereby drawing the attention of the public who can thence respond by alerting the law. The Alarm ensures that the owners stay in complete control of the security of their vehicles and the police can launch a recovery mission as nippily. When activated, the owner and the relevant authorities at the same time receive text messages alerting them to the theft. That helps raise the profile and ensure the vehicle is apprehended with haste.The system is goldbrick proof and can be tracked on a number of devices (including computers, laptops, and smartphones).