Problem The problem is that there is no solution in the market for protecting a person's wallet. Solution Secures your wallet with electromagnetic locks Touch ID would be used to access your wallet. A Micro alarm will go off alerting you of your missing wallet. Survey 59 people surveyed
20.3% or 12 people 74.6% or 44 people
had their wallet want their wallet to be stolen. more secured. 43 of 59 people said they would replace their current wallet with The Locka Wallet.
69.5% or 41 people want
to have the secure access to their wallet. Value Proposition We bring the worlds safest wallet to the market. We guarantee our customers a secure and revolutionary mean of carrying their belongings by embodying modern technology in each premium wallet. Underlying Magic High level of protection with electromagnetic locks In order to access your wallet you need to enter in your Touch ID, which is absolutely new to the wallet market. The build in micro alarm that goes off after your wallet is 20 meters away from you. Our prototypes The outer model of the wallet (top side) The inside look of the wallet The outer model of the wallet (back side) Our App Prototype When you first Sign up If you hit sign in first Next.. Our Settings Competitive Analysis Walli Woolet 2.0 Ekster The Locka Wallet
Connect to phone &
Send notifications
Location monitor
RFID Blocking
Wallet Locking
Touch ID
Alarm
Price Retail price $119 $129 $89-$99 TBD
Walli Wearable $89 Business Model Customer Relationships: Customer Segments: App Upper and middle Website class Customer Service Channels: Online Retailers Website Revenue Stream: Wallet Go-To-Market Plan 1. Develop a product 2. Find coders 3. Test the product with beta-version and get feedback 4. Find the best manufacturers for us 5. Design a website to sell online 6. Target the retail market with stores like Brookstone and Sharper Image Recap Our Companys purpose is to revolutionize the wallet industry, The Locka Wallet is a product that connects to an app and locks your wallet using electromagnets. If a wallet is stolen or gets too far from the owner of the wallet an alarm goes off, alerting the owner. Thanks for listening! We are open to your feedback!