USP:
A modular yoga and meditation product line designed for
micro and tiny apartments, functioning both as storage and in-use pieces.
There are many articles and ideas about how to adapt a meditation or yoga practice for a small space, but very few products actually designed for this function.
Target market:
Urban yogis/meditators
50-400 sq. ft. apartments
20-40 yr olds (moving more often)
Unisex
8% of the population meditates
8.7% of the population does yoga
44% are interested in trying yoga
80.7% of the US population lives in cities
TAM: 327,288,544
(U.S. total population)
SAM: 28m
(Percentage of U.S. population that meditates)
SOM: 23m—116m
(U.S. population that lives in an urban area and practices or is interested in practicing yoga)
census.gov/popclock/
yogajournal.com
nccih.nih.gov/research/statistics/NHIS/2012/mind-body/meditation
reuters.com/article/usa-cities-population/more-americans-move-to-cities
-in-past-decade-census-idUSL2E8EQ5AJ20120326
Contacting Stores:
Target:
Diverse consumer base
Aspirational shopping experience
New, modern brands replacing older, under-performing brands
Local Craft Store (Anonymous):
Older consumer base
Value/Hobby oriented shopping experience
Interested in supporting local and handmade work
Benchmarking:
1. Aeromat Hanging Rack for 20” Mats
$30.99, yogaoutlet.com
2. The Basic Holder, Single Tier with Shelf
$48.00, wuduwarehouse on etsy.com
3. Jade Green and Aqua Yoga Mat Holder Tiny Spaces Storage Bin
$169.00, africanbaskets on etsy.com
4. Compact Meditation Altar with Buddha Statue and Incense
$74.00, theyankeewoodsmith on etsy.com
5. Floor Style Buddhist Meditation Shrine/Altar with Pedestal
$189.95, theyankeewoodsmith on etsy.com
This prototype's shape language was too industrial, like a yoga studio rather than a home practice. I had to change the proportions to be more curvilinear, welcoming, and artisanal.
Manufacturing/Pricing:
Price Estimates:
Low end:
Tray: $30
Wall Unit: $40
Floor Unit: $140
High end:
Tray: $75
Wall Unit: $90
Floor Unit: $230
Processes:
Embossing Roll:
Large production runs
Creates surface pattern
Greatly reduce time and cost
CNC milling:
Mid-sized production runs
Cuts irregular silhouette
Creates surface pattern
Routing:
Creates some joints and edges
Hand Processes:
Small production runs
High time and cost
Benefits artisans and artisan shops