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According to the following bullet points and guidance, I need to do a Competitive analysis of the company's The Right Stim. Direct ( what other

According to the following bullet points and guidance, I need to do a Competitive analysis of the company's The Right Stim.

Direct( what other sources provide the same product like this?)

Indirect( what are the other alternatives available to the target audience?)

For each key competitor, consider the following factors:

Position/image . product offering

Market share. Marketing strategy

Strength .weaknesses

Financial condition. Achilles heel

Spending levels. Trends

Share of voice. Observations

Strengths, Weakness, Opportunities & Threat Analysis (SWOT):

Using a quadrangle chart, define the strengths, weaknesses, opportunities, and threats

Summary and Conclusions:

What 3-4 significant conclusions can be drawn from the situation analysis? State these in such a way that they become an actionable milestone for the plan that follows.

company information

The Right Stim

sensory disorders

getting input, they need on a sensory level

give users more appropriate stimulation to stop engaging in what is not reasonable (finger nail biting)

sensory arcade

can act as therapy for sensory deficient children

harder to keep attention on non-preferred engagement activities

helps keep them satiated to get through the task at hand

go stim, but in an appropriate settings

catered to non-verbal but all younger children like it

Questions/Answers from the live video:

is it customizable, aside from the standard 20 boxes you plan to make? some children may not like certain aspects (like having loud sounds or flashing lights could be a hazard.etc.)

Build library on ordering it

Potentially by library need

is this meant to be used for a specific educational lesson with a school psychologist/therapist, or is the box meant to be brought around everywhere in daily life and used as needed to help the child stim?

School setting phase 1, eventually home purchase in phase 2

it seems like parts of the box are more to be used as an educational experience (teaching them that hitting the button stops the irritating sound) rather than a pure platform for them to stim in any way they prefer. Can you help to deepen my understanding of the intended use case?

An intended use case is for education, but it can also be for stemming; in general,

is the binder of images universal? Can the box be customized for global/culturally appropriate use if not?

Eventually, go global

No other competitors

Two more engineering steps to get the prototype ready to go

Potentially used for levels

More about sensory inputs, rather than growing out of particular childrens age ranges

Proven to work already, evidence of success

The current plan is to deploy, get data for marketing, then proceed

Pricing models

Hoping to qualify as a therapy device

Insurance can cover and charge more

But also want eventual use for home

Schools also

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