January 5×5 Night
Voting Closes:

January 23, 2023 11:59 pm

About this idea
On hot days, standard beverage cups do not keep drinks cold and drip with condensation. Our patented Ringsulator ® Beverage Cup Insulator is placed between two cups, creating an insulating air gap to allows drink to stay cold longer. The function of Ringsulator ® is to minimize heat transfer between your beverage and the surroundings. Insulation = resistance to heat transfer Higher insulation = less heat transfer Air is a great insulator! Ringsulator ® is small, lightweight, foldable into one's pocket and reusable and customizable. The perfect promotional product to allow patrons to remember your social event.
Impact
Promotional Venues often use drink cups. Ringsulator ® is the perfect promotional product to allow patrons to benefit from cold drinks during your event and remember your social event once they leave. Examples of events that can benefit from Ringsulator ® : Sports Stadiums & Arenas Bars & Restaurants Social Districts Music Festivals Zoos & Theme Parks Weddings Graduation Open Houses Fraternity / Sorority Events Birthday Parties Picnics & BBQ’s Ringsulator ® can be personalized with color, embossed text, or pad printing enabling branding for venues, sponsors, or organizers of event. Ringsulator ® is patented and Trademarked (U.S. Patent No. 9,585,501 B1 ). It is Small and portable, fits in your pocket. There is nothing else like it on the market.
What I'll do with $5,000
$5,000 will be used to support the cost of a production tool, molding material, and the molding process, allowing product manufacturing in high volume. We intend to kick off a tool to support specific targeted venues in the summer of 2022 to validate product market fit. The first targeted venue is the B93 Birthday Bash 2022 in June. The breakdown of costs for the first production run are as follows.: Resin $350 Injection Mold Tool $4,300 pad printing tooling $1,000 pad printing operation (1,000 pcs) $83 parts (1,00 pcs @ $1.10) $1,100 packaging $500 total $7,333
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